American Express (NYSE: AXP) and i2c Inc., a leading provider of digital payment and banking technology, have announced an expanded international agreement designed to empower fintechs and financial institutions worldwide. This collaboration enables the rapid development and scaling of innovative payment solutions for both consumers and businesses on the American Express international payment network.

The enhanced partnership introduces a plug-and-play onboarding platform, signaling that the American Express network is "open for business" with fintechs. This initiative aims to streamline the process of bringing innovative products to market swiftly and efficiently.

"Through our collaboration with i2c, fintechs will be able to leverage the American Express brand, global network, and industry-leading capabilities to offer their customers payment products backed by the strength of our global network," said Mohammed Badi, President of Global Network Services at American Express. "This platform expands our reach to new customers and partners, makes our network even more vibrant, and will allow us to enter new and emerging areas."

"The appeal of the brand and benefits of American Express, coupled with i2c's plug-and-play platform, makes this program perfect for financial institutions and visionary fintechs," said Amir Wain, CEO of i2c Inc. "We are convinced that we will offer a unique global solution along with value-added payment features for end users that match the spirit and demand of financial innovators around the world."

Through the Amex/i2c platform, fintechs gain access to exclusive American Express benefits, including Amex Offers, the Resy dining program, and exclusive access to ticket presales. Additionally, the platform provides robust protection tools and fraud reduction capabilities. Fintechs will also have access to pre-certified partners, such as bank-issuing BIN sponsors, facilitating a faster and more straightforward path to market for their payment innovations.

The partnership between American Express and i2c began in Latin America and the Caribbean and is now expanding to North America and other regions. Recent collaborations include the Keo American Express Card in Mexico and the Bancrédito Black American Express Card in Puerto Rico. The Covalto American Express Credit Card from Credijusto in Mexico is also slated for imminent release.

This expanded alliance underscores both companies' commitment to fostering innovation in the payments industry and providing fintechs with the tools and resources necessary to deliver cutting-edge payment solutions to their customers.