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The APIs will let fintech companies and software providers embed American Express virtual cards into their own spend management, procurement and other business software solutions. The company also plans to add more B2B payment and data capabilities, including integration with mobile wallets, in the future.
Todd Manning, vice president on the global commercial services team at American Express, explains the significance of American Express Sync. “American Express Sync will put more B2B capabilities in the hands of fintechs and ultimately enable their customers to get more value from the platforms they use to run their businesses,” said Manning. “Today’s announcement means that our broad base of American Express US Business and Corporate customers will have more ways to pay their suppliers digitally.”
