Money 20/20 USA: Extend CEO Andrew Jamison on Mastercard, Banks + Card Software
6m 5s
What if businesses could get modern spend tools without ripping out the bank and card program they already trust? Extend CEO and Co-Founder Andrew Jamison sits down with JD Durkin at Money 20/20 USA in Las Vegas to talk about Mastercard’s selection of Extend as its spend and expense management platform for issuing banks. Jamison explains how Extend adds a software layer to existing commercial cards, from virtual cards to connected expense workflows, so business owners can see who is spending, set clearer controls and spend less time sorting out transactions after the fact. He also makes the case that the next phase of business payments is about the software and workflows around the card, not the card itself, and shares what a strong partnership between banks, networks and fintechs looks like when the goal is better serving small and midsize businesses.