Mastercard and Extend Team to Improve Bank and Business Software
Mastercard partners with Extend to boost bank software for small businesses.
In brief
Mastercard partners with Extend to boost bank software for small businesses. Mastercard and Extend Team will improve bank and business software for U.S. and Canadian commercial card issuers. Originally reported by Pymnts.
Mastercard partners with Extend
Mastercard chose spend management FinTech Extend as one of its financial operations platform partners.
New spend tools for banks
The collaboration brings new spend and expense management tools to U.S. and Canadian commercial card issuing banks.
Banks have market advantage
Large banks serve 85% of small business card market and businesses trust them with deposits, credit, and treasury solutions.
Banks need modern software
Banks must deliver modern software experiences to compete for business customers and keep them.
Extend provides software solutions
Extend offers virtual cards, automated reconciliation, and AI agents for banks and businesses.
The key point
Mastercard and Extend Team will improve bank and business software for U.S. and Canadian commercial card issuers.
