WSJ Tech News Briefing · Wednesday, September 30, 2026
American Express is rolling out a new corporate cashback card accompanied by an AI-powered expense management platform. This platform includes a mobile app that automates spending reports, verifies expenses against company policies, and identifies non-compliant transactions. The new offering is targeted at middle-market businesses and aims to address increasing competition from fintech companies.
“Finally, American Express is introducing a corporate cashback card alongside an AI-driven expense management platform.”
“The latter features a dedicated mobile app that automates spending reports, checks expenses against company policies, and flags non-compliant purchases.”
“The platform is geared toward middle-market businesses with annual revenues between $10 and $300 million.”
“Amex's launch comes as the company faces mounting competition in its corporate business from fintechs like Ramp and Brex.”