BankingBusiness

Payhawk: Launches NextGen company cards with built-in spend rules

  • Payhawk is the financial system of tomorrow that combines credit cards, payments, expenses, cash management
  • The new cards empower finance teams to implement spend rules directly on company cards or team cards
  • Started Payhawk in 2018 with the humble idea to bring new products to the world of payments that transformed the way businesses manage their spending
  • The Payhawk system is now able to fully process every card payment in real-time and apply built-in spend rules
  • Payhawk will be able to run millions of business rules and decide whether to authorize your card
  • Finance teams will also benefit from our AI-assisted data extraction algorithms that read receipts
Previous article
MoneyMe: Announces further funding cost reductions
Next article
Mastercard: Extends Google Pay roll out across Europe
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

FinTech

BMO Strengthens AI and Quantum Research with New Institute

The new institute will focus on advancing AI technology and quantum computing.Highlights: BMO launches Institute for AI and...
FinTech

Lloyds Strengthens Leadership with AI Agent in the Boardroom

The British bank integrates artificial intelligence into executive decision-making.Highlights: Lloyds Banking Group introduces an AI agent to its...
FinTech

Ralio Secures $25M to Strengthen Agentic Payments Platform

Funding aims to enhance features and expand market reach.Highlights: Ralio raises $25M in a funding round.The investment will...
FinTech

Regulators Brief Banks on Anthropic Cyber Risk Amid Growing Concerns

Regulatory bodies emphasize urgent risks from Anthropic's AI developments.Highlights: Regulators issue warnings about Anthropic's AI-related cyber risks.Financial institutions...