Thursday, 2 December 2021

AMEX and Goldman Sachs collaborate on cloud-based payments for corporates

5 min read

20 October 2021 – American Express (AMEX) and Goldman Sachs Transaction Banking platform (TxB) announced a partnership to provide large corporate customers with cloud-based B2B payments that will seamlessly support multiple payment options and offer data and analytics in one integrated platform. The solution will embed AMEX's virtual cards for the first time into the Goldman Sachs TxB platform, which already offers automated clearing house, wire and foreign currency payments. The solution will be made available for select clients and is expected to be fully launched for general availability in early 2022. 

 

Re-disseminated by The Asian Banker from American Express

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