Mastercard and Masraff Launch AI-Driven Corporate Finance with NurolBank

Ender Öztürk

June 16, 2026

In a significant move for the Turkish corporate finance sector, global payment technology leader Mastercard and AI-powered expense management platform Masraff have announced a strategic partnership to transform business spending. By integrating Mastercard’s commercial card infrastructure directly with Masraff’s artificial intelligence engine, the companies aim to automate the entire lifecycle of corporate expenditures. NurolBank has emerged as the first financial institution in Turkey to implement this advanced solution, enabling its corporate clients to replace manual accounting and approval processes with a seamless, automated, and transparent digital system.

Corporate Cards Evolve into Integrated Financial Tools

Traditional business spending workflows have long been plagued by the inefficiency of collecting physical receipts and manually entering data into accounting software. This reliance on human intervention often leads to errors and significant time loss for finance departments. The partnership between Mastercard and Masraff addresses these pain points by transforming corporate cards from simple payment instruments into active components of a company’s financial operations.

The integration effectively eliminates the operational burden of manual reconciliation for corporate finance teams.

Onur Faydacı, General Manager of Mastercard Turkey and Azerbaijan, noted that this project represents a landmark success for the ‘Mastercard Lighthouse’ acceleration program. By leveraging global expertise to support local innovation, the initiative empowers businesses of all sizes to optimize their operations. This synergy allows for a more robust financial ecosystem where technology serves as a bridge for administrative efficiency.

NurolBank Simplifies Financial Management for Businesses

NurolBank has positioned itself at the forefront of this digital shift by prioritizing the needs of its corporate clientele. Through a collaborative effort with Austriacard Turkey, the bank is introducing its new corporate credit card, which provides a direct gateway to these automated expense management tools. Özgür Altuntaş, General Manager of NurolBank, emphasized that the bank is committed to providing data-driven solutions that simplify complex financial tasks, thereby allowing companies to focus on strategic growth rather than administrative maintenance.

Artificial Intelligence Prevents Financial Discrepancies

The AI technology underpinning the Masraff platform functions as more than just a digital archive. According to Begül Eray, co-founder of Masraff, the system autonomously scans expense documentation, identifies data points, and cross-references them against company policies in real time. This capability allows the system to flag duplicate or fraudulent transactions instantly, providing finance departments with an unprecedented level of oversight and audit readiness.

Automated financial auditing reduces the risk of human error and prevents potential corporate fraud.

Real-Time Reporting Empowers Business Decision-Making

The shift toward automated expense management offers immediate advantages, particularly for managers who require real-time visibility into their company’s budget. By removing the need for manual data entry, the system ensures that reports are always current and accurate. This move not only improves operational efficiency but also facilitates cost savings that benefit organizations ranging from small-to-medium enterprises to large multinational corporations.

How do you think the integration of artificial intelligence into daily accounting tasks will reshape the future of corporate finance in Turkey? Share your thoughts and experiences with digital expense management in the comments section below.