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Stock impact report

WEX Launches Two AI Pilots for Benefits Administration

WEX Inc. common stock (WEX) 
NASDAQ:AMEX Investor Relations: wexinc.com/payment-solutions/virtual-payments
Company Research Source: Business Wire
WEX pilots GenAI benefits agent and AI-powered analytics to enhance employee decision making, mitigate the workload for overwhelmed HR teams during open enrollment season PORTLAND, Maine--(BUSINESS WIRE)--WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced a partnership with select employers to pilot two new artificial intelligence (AI) enhancements embedded within WEX’s benefits administration platform, My Benefit Express. Timed with open enrollment season and as industry pundits explore how AI can be successfully built for and leveraged within employee benefits, WEX announced the pilot launch of its Benefit Assistant and BeneFITwise Premier capabilities, both of which harness AI to provide employees with personalized and actionable insights that can empower them to make informed decisions about their benefits.“WEX is working to be at the forefront of AI innovation in the benefits space, driven by a customer-centric app Show less Read more
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