Zact, a technology firm focused on commercial banking, has unveiled the Zact Platform designed to consolidate various financial services including commercial card management, expense tracking, payables, and travel. The platform aims to assist banks in enhancing their commercial offerings and is compatible with all major processors, card networks, and payment systems, as stated in a press release dated September 30, 2026.
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Key features of the Zact Platform include commercial card and expense management, portfolio management, connections to major issuer processors, rebate management, and centralized data integration across applications.
John Thomas, CEO of Zact, emphasized the importance of this technology for banks, stating, "Banks shouldn't have to watch fintechs take more of the commercial customer relationship simply because they offer a better technology experience. Banks already have the customers, deposits, trust and financial infrastructure. We've built the technology that helps them compete effectively, deliver the experience their customers expect and keep more of that relationship."