PNC Bank and Extend announced a partnership that will give PNC’s commercial clients a new digital payment platform built on Extend’s AI‑powered spend‑management technology. The collaboration will let PNC customers issue, track, and manage virtual cards through Extend’s mobile and web interface, adding instant card issuance and mobile‑wallet integration to PNC’s existing commercial‑card suite.
The new platform enables businesses to create virtual cards for employees, vendors, and subscription payments, and to add those cards to Apple Pay, Google Pay, and other tap‑to‑pay wallets. Real‑time spend visibility and automated expense workflows are also available, allowing firms to monitor and control spend as it happens and to streamline procurement and expense reporting.
PNC’s leadership views the partnership as a strategic move to strengthen its competitive position against fintech rivals. By adding Extend’s technology, PNC expands its commercial‑banking offerings beyond purchasing, corporate, and fleet cards to include advanced virtual‑card capabilities, which are increasingly demanded by clients seeking greater flexibility and security. The partnership is expected to open new revenue streams from transaction fees and data‑analytics services while improving client experience and accelerating digital adoption.
Andrew Jamison, CEO of Extend, said the collaboration “gives business owners the flexibility to issue and track virtual cards directly through their existing accounts, making everyday spend easier to control.” Tom Lang, PNC’s Executive Vice President of Treasury Management Product and Operations, added that the partnership “delivers an intuitive, easy‑to‑use solution that helps businesses simplify spend, strengthen security, and optimize payments.”
The deal aligns with broader industry trends toward AI‑driven financial technology and digital‑first payment solutions. PNC has a history of strategic partnerships—such as with Plaid for secure data sharing, Coinbase for digital‑asset services, and Ripple for cross‑border payments—demonstrating its commitment to staying ahead of fintech innovation. By integrating Extend’s platform, PNC positions itself to capture the growing market for virtual‑card and spend‑management solutions, reinforcing its commercial‑banking footprint and enhancing its ability to generate fee‑based revenue.
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