Announced

American Express to acquire ACOM Solutions.

Synopsis

American Express, a globally integrated payments company, agreed to acquire ACOM Solutions, a FinTech provider of AP payment automation. Financial terms were not disclosed. “acompaytm will be the newest addition to a series of B2B payment collaborations, strengthening our accounts payable automation capabilities and equipping our customers with the tools they need to improve the way they process and settle supplier payments,” Anna Marrs, American Express President of Global Commercial Services.

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