Findity, a leading expense management technology provider, has announced the launch of its new Real Time Card feature. This development allows users to link any Mastercard or Visa to their expense management platform, offering a more efficient way to track and manage expenses in real-time.
The integration with Mastercard and Visa enables users to seamlessly connect their preferred payment cards to the platform, simplifying expense reconciliation. The Real Time Card functionality represents a significant advancement in financial technology, streamlining the business expense reporting process for both individuals and companies.
Findity’s innovation is designed to make the management of expenses more intuitive. The technology allows real-time tracking, meaning users no longer have to wait for statements or manually enter data after making a purchase. Instead, each transaction is immediately logged into the system, reducing the potential for errors and providing instant oversight of expenditure.
Patrick Olsson, Chief Executive Officer at Findity, described the launch as a “game-changer” for the industry. “We are thrilled to offer this innovative Real Time Card technology,” he said. “By connecting to Mastercard and Visa, we are making expense management more accessible, efficient, and user-friendly than ever before. This launch demonstrates our commitment to providing cutting-edge solutions for our customers and partners.”
The Real Time Card feature is expected to benefit a wide range of users, from small businesses to larger enterprises, who rely on accurate expense reporting. By eliminating delays in tracking and reconciling expenses, companies can gain a more transparent view of their financials, helping them make informed decisions faster.
Findity’s integration with Mastercard and Visa is also being hailed as a strategic move by both payment giants, with each expressing strong support for the fintech sector and its role in driving innovation.
Erik Gutwasser, President for Northern Europe at Mastercard, said, “We are strongly committed to fostering the success of fintech. Through tailored solutions and strategic partnerships, we aim to break down barriers and create new opportunities for small and medium-sized businesses in today’s fast-paced environment.”
Philip Konopik, Visa’s Regional Managing Director for the Nordics and Baltics, echoed these sentiments, stating, “We have long championed the fintech sector and have played a key role in shaping the environment that exists today. By providing access to our technology and global network, we are committed to growing the sector’s most promising businesses.”
The launch of Findity’s Real Time Card feature marks a significant shift in the way businesses manage expenses. The technology is expected to be rolled out to all Findity partners and customers in the near future, making expense tracking more efficient and accessible for users across various industries.
With this new functionality, Findity aims to set a new standard in expense management, reducing administrative burdens and offering an enhanced user experience. The integration with Mastercard and Visa ensures that businesses can continue to rely on their preferred payment methods while benefiting from the latest in fintech innovation. For more information, visit findity.com.