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Sign InAmerican Express (AmEx) has officially announced it has entered into a definitive agreement to acquire Hypercard (Hyper), an AI-driven expense management startup. As part of the acquisition, Hyper’s team of AI experts will join American Express to assist in building agentic tools and AI-powered solutions. This strategic move is designed to bolster AmEx's automation capabilities and expand its suite of commercial services for corporate clients. The transaction is currently expected to close in the second quarter of 2026, marking a long-term commitment to integrating cutting-edge fintech solutions. Analysts view the integration of Hyper's expert team as a significant step in strengthening AmEx's competitive edge within the fintech sector. By leveraging these new AI capabilities, AmEx aims to streamline financial operations and deliver more efficient tools to its global business base.