Core Insights - Brex has partnered with Oracle, becoming the first fintech issuer integrated within Oracle Fusion Cloud ERP, enhancing B2B payments solutions [1][2] - The collaboration aims to simplify supplier payments for global enterprises, addressing complexities in managing payments across different nations and currencies [2][4] Group 1: Partnership Details - The integration allows customers to select Brex virtual cards directly from their payables workflows, improving controls and supplier payments [2][3] - Brex's global card capabilities enable enterprises to manage payments in over 30 currencies from a single platform, eliminating the need for separate banking infrastructures [4][5] Group 2: Benefits and Features - The partnership is expected to provide financial incentives such as rebates and rewards, potentially transforming accounts payable into a revenue source [5] - Brex's virtual cards feature one-time-use numbers, spending limits, and merchant-specific restrictions, supported by a digital audit trail to minimize fraud risk [5] Group 3: Regulatory Developments - In August, Brex obtained a payment institution license in the European Union, allowing it to serve businesses across the region [6]