Press release
Fifth Third and Brex Partner to Bring AI-Powered Finance to Businesses, Unlocking $5.6B in Commercial Card Volume
CINCINNATI & SAN FRANCISCO--(BUSINESS WIRE)-- Fifth Third Bank (NASDAQ: FITB), a pioneer in financial innovation known for improving the lives of its
About this update from Fifth Third Bancorp
[{"type":"text","content":" CINCINNATI & SAN FRANCISCO--(BUSINESS WIRE)--\nFifth Third Bank (NASDAQ: FITB), a pioneer in financial innovation known for improving the lives of its customers, and Brex, the intelligent finance platform, today announced a multi-year partnership that unlocks $5.6 billion in annual commercial card payment volume. Built on Brex Embedded, Brex’s proprietary API-driven payments infrastructure, the Fifth Third Commercial Card powered by Brex will become the default commercial card solution for Fifth Third Bank’s Commercial Banking clients.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251209555474/en/\nThe partnership will enable Brex to bring modern, AI-native finance to Fifth Third’s Commercial Banking businesses. Through the Fifth Third Commercial Card powered by Brex, the bank’s Commercial clients will gain access to Brex’s intelligent finance software platform where they can issue corporate cards, automate expense management and make secure, real-time payments. They will also benefit from Brex’s AI agents that automate complex workflows end-to-end to close the books faster, reduce manual review and control spend.\n\n“The future of business demands financial platforms that do more than process payments—they must power growth,” said Tim Spence, Chairman, CEO and President of Fifth Third Bank. “Our partnership with Brex is a commitment to redefine how companies leverage financial technology. By combining the strength of a leading bank with Brex’s AI-driven innovation, we’re creating intelligent solutions that simplify complexity, drive efficiency and enable businesses to scale globally with confidence.”\n\n“Fifth Third Bank shares our belief that every business deserves financial tools that work and act intelligently on their behalf,” said Pedro Franceschi, CEO of Brex. “By gaining access to roughly 8% of the U.S. commercial banking sector through a single partner, we’re delivering agentic finance solutions at an unprecedented scale. Together, we’re giving commercial teams the automation, speed, and accuracy they need, all seamlessly connected to the financial institution they already trust.”\n\nRedefining the Commercial Experience\n\nFor decades, commercial businesses have faced the same persistent challenges as finance teams everywhere: limited visibility into comp...