WEX Inc., a global provider of intelligent payment solutions, announced that its Chief Financial Officer, Jagtar Narula, will present at the Bank of America 2026 SMID Cap Executive Insights Event on Tuesday, August 11, 2026. The session is scheduled for approximately 3:00 p.m. ET. This appearance offers investors direct access to management commentary on the company’s strategic direction within the commercial payments sector.

Event Details

The presentation will be broadcast live for investors unable to attend in person. WEX Inc. will host the webcast on its Investor Relations website at https://ir.wexinc.com . Alternatively, viewers can access the stream through the dedicated Bank of America webcast link provided by the company.

For those who miss the live session, a replay of the presentation will remain available on the company’s website for at least 30 days following the event date. This ensures extended accessibility for stakeholders reviewing the executive insights.

About WEX Inc.

WEX operates as a global commerce platform designed to simplify business operations. The company provides an ecosystem of embedded, personalized solutions focusing on simplifying benefits, reimagining mobility, and facilitating payments. Through data-driven expertise, WEX aims to help clients overcome operational complexity.

Contact Information

Media inquiries should be directed to Cuthbert Langley at 843-670-7490 or Cuthbert.Langley@wexinc.com . Investor relations queries can be addressed to Pedro Alvarez at 207-523-7769 or Pedro.Alvarez@wexinc.com .

WEX Inc (NYSE: WEX) announced the general availability of SecureFuel, an artificial intelligence-powered capability designed to prevent unauthorized fuel purchases for commercial fleets in North America. The new tool addresses a significant operational risk, as the National Association of Fleet Managers estimates that fraud and misuse can drain as much as 12% of a business’s total fuel spend. By combining detailed fleet card transaction data with real-time vehicle information, SecureFuel identifies and stops potentially unauthorized transactions before they are approved, offering a proactive defense against financial leakage in volatile fuel markets.

The announcement was made at the third annual WEX North American Mobility Summit in Portland, Maine, attended by original equipment manufacturers, fleet management companies, and global energy providers. Carlos Carriedo, chief operating officer of Americas Payments and Mobility at WEX, emphasized that fraud prevention relies on comprehensive data. "SecureFuel gives us a more complete view of each purchase, assisting customers stop unauthorized transactions without creating unnecessary disruption for drivers," Carriedo said. He noted that this capability is particularly critical given current volatility in fuel prices.

SecureFuel leverages WEX’s proprietary closed-loop network, which covers approximately 95% of US fuel stations, to capture granular purchase details including fuel quantity, type, and merchant location. These data points are merged with telematics information and WEX-designed AI models to pinpoint suspicious activity while reducing false positives. This integration allows fleet managers to make precise decisions that protect their bottom line without relying solely on traditional card controls or standalone telematics tools.

The solution builds on more than 40 years of WEX leadership in fleet card controls and approximately a decade of experience applying telematics to fraud prevention in its over-the-road business. WEX processes approximately 30 million fleet transactions monthly, providing a robust dataset for its custom AI models to identify patterns and potential misuse. The scale of this data allows the system to catch fraudulent activity before it results in financial loss for businesses.

Operational Benefits

SecureFuel integrates real-time vehicle intelligence into the payment workflow, enabling managers to stop unauthorized purchases before they occur. Key operational improvements include:

• Reducing unnecessary card declines that disrupt driver productivity
• Minimizing manual investigations and reconciliation efforts
• Confirming purchases using current vehicle location data
• Consolidating fleet card and telematics data into a single workflow
• Improving visibility into exceptions and attempted purchases

Customers can activate SecureFuel within the WEXOnline platform using telematics supplied by WEX or through supported third-party providers. As a Geotab Premier Partner, WEX enables existing Geotab users to connect their vehicle data directly to SecureFuel. For those without existing telematics, WEX offers supported solutions, providing a single provider for payments, vehicle connectivity, and fraud prevention.

What the Numbers Show

The convergence of high-volume transaction data and real-time telemetry represents a shift from reactive to proactive fraud management. With WEX processing approximately 30 million transactions monthly across a network covering 95% of US fuel stations, the density of data points available for analysis is substantial. This scale suggests that the AI models can detect nuanced patterns of misuse that traditional rule-based systems might miss, potentially recapturing a significant portion of the 12% fuel spend currently lost to fraud according to industry estimates.

During the summit, WEX also previewed Actionable Insights, a feature currently in beta testing that uses AI to surface recommendations for identifying savings opportunities and reducing waste. SecureFuel and Actionable Insights mark the beginning of a broader portfolio of intelligence-driven capabilities aimed at moving beyond simple purchase management to comprehensive operational transparency.