Vic.ai, an AI-native autonomous finance platform, has announced a partnership with Increase and Core Bank to power the account and payment capabilities of VicPay™. The integration addresses a persistent gap in accounts payable (AP) automation, where payment execution has traditionally been handled across separate providers, portals, and manual reconciliation processes. The move reflects a broader embedded finance trend in which software platforms increasingly embed banking and payment functionality directly into their products rather than relying on third-party handoffs.

Increase provides banking infrastructure trusted by major fintechs and software platforms across the United States, offering tools for money movement, storage, and card issuance. Under the partnership, the Increase platform now powers VicPay payments within the same environment where invoices are captured and approved. Core Bank, a federally chartered institution, serves as the bank of record for customer deposit accounts.

From Approved Invoice to Settled Payment

For many AP teams, the transition between invoice approval and payment execution is where visibility breaks down. By integrating with Increase's technology, Vic.ai enables approved invoices to carry a customer's payment instructions, approval controls, and selected payment method through to execution. Funds move through each customer's individual account at Core Bank before being disbursed to vendors. Payment status and transaction details synchronize back into Vic.ai for tracking, exception handling, and reconciliation, creating a unified operational loop.

Enterprise-Grade Controls

The integration incorporates safeguards designed to prevent duplicate payment attempts, deliver real-time status synchronization with backup polling, and reconcile transactions against Vic.ai ledger activity. Customer funds are held in individual deposit accounts opened in each customer's own name at Core Bank, ensuring clear account titling and direct fund ownership.

The unified provider architecture is designed to strengthen the VicPay platform's resilience and improve its ability to accommodate varied vendor requirements without manual workarounds. As with the broader Vic.ai platform, payment autonomy operates under human oversight — approval hierarchies, user permissions, audit trails, and exception management all remain under customer control.

Flexibility Across Payment Methods

Finance teams can select the payment method best suited to each vendor — ACH, check, or virtual card — without leaving VicPay. Increase supplies the banking infrastructure behind each payment rail and also serves as the check payment provider for VicPay checks. The multi-rail approach reflects the reality of B2B payments, where vendor preferences and capabilities still span electronic and paper-based methods across U.S. enterprises.

Through Increase's checking solution, checks are processed and shipped the next business day, include enclosed remittance details, and return a deposited check image once cleared. This addresses a long-standing visibility gap in check reconciliation. The unified infrastructure also gives Vic.ai a common foundation for continued expansion of payment capabilities, status visibility, and operational controls.

Vic.ai customers have processed more than one billion invoices to date, achieving invoice-processing accuracy of up to 99% and no-touch rates above 80% at its highest-performing enterprise deployments. Extending that operational depth into payment execution is intended to reduce the handoffs, bottlenecks, and siloed systems that have historically separated invoice automation from money movement — a fragmentation that has driven many AP automation providers to build or partner for native payment capabilities in recent years.

Executive Commentary

"Payments have historically been where AP automation stops short," said Alexander Hagerup, CEO and Co-Founder of Vic.ai. "The invoice work gets automated, and then the money movement happens somewhere else. Partnering with Increase gives our customers one connected loop from invoice to payment, with the controls, visibility, and choice of payment method that enterprise finance operations require."

"The strongest platforms make the financial layer a native part of the product rather than a bolt-on, and that's exactly what Vic.ai is doing for accounts payable," said Matt Hennessy, Head of Business at Increase. "Increase's banking infrastructure provides VicPay with direct, programmatic access to ACH, check, and card rails through a single integration, so Vic.ai can focus on the intelligence and experience its customers rely on."

What Changes for Customers

Customers will continue to manage payments through VicPay, with the core customer experience owned and operated by Vic.ai. As part of the transition, customers are required to complete an updated banking application and establish a new business bank account in their own name with Core Bank. Following onboarding, payment workflows remain within Vic.ai.

VicPay currently supports ACH, check, and virtual card payments through the Increase integration.