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American Express (AXP) and Goldman Sachs (GS) to Provide Integrated Digital Payments Solution for Corporate Clients

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American Express and Goldman Sachs to Provide Integrated Digital Payments Solution for Corporate Clients

October 20, 2021 9:00 AM EDT

This new innovative product will support multiple payment options, making B2B payments easier and more efficient for large companies.

NEW YORK--(BUSINESS WIRE)-- American Express (NYSE: AXP) and Goldman Sachs Transaction Banking (TxB) today announced a collaboration to provide large corporate clients with a cloud-based payments solution that will seamlessly support multiple payment options and offer data and analytics in one integrated platform.

A major pain point for our large commercial card clients is managing multiple platforms and myriad time-consuming, costly and complex processes to make, track, and reconcile thousands of... More