On July 10, Moonshot AI Kimi jointly issued the world first AI-native credit card with Agricultural Bank of China and American Express. The card, conceived in April and opened for reservations on June 12, was brought to market in just three months. It represents a structural innovation in the credit card industry, which has seen three consecutive years of contraction with national issuance falling to 696 million cards by end of 2025.The defining…
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