From Pymnts · PYMNTS · · 1m 10s
FinTechs Hand AI Agents the Company Card
AI agents now get corporate cards to pay vendors, book travel and buy supplies without human input.
In brief
AI agents now get corporate cards to pay vendors, book travel and buy supplies without human input. 52% of CFOs would let AI suggest payment timing changes but fewer than one in three would let it reallocate budgets. Originally reported by Pymnts.
AI Agents Get Corporate Cards
FinTechs introduce cards that let AI agents pay vendors, book travel and purchase supplies without employee details.
Sunrate Launches Agentic Card
Sunrate, a cross-border payments platform in 190+ countries, introduced virtual cards for AI agents on Monday, Nov. 2.
Corpay's Agent Card
Corpay, an Atlanta-based vendor payments platform, launched Agent Card in July for procurement and travel expenses.
Mercury's Agent Cards
Mercury introduced agent cards in August with spending limits and merchant restrictions for AI transactions.
Ramp's Transaction-Specific Cards
Ramp creates single-use virtual cards for AI agents tied to one transaction with a hard spending cap.
Stripe and Crossmint
Stripe's Link and Crossmint's Lobster.cash let AI agents use existing cards without new wallets.
CFOs' AI Adoption
52% of CFOs would let AI suggest liquidity changes but fewer than one in three would let it reallocate budgets.
What matters most
52% of CFOs would let AI suggest payment timing changes but fewer than one in three would let it reallocate budgets.
