PYMNTS

NOVEMBER 16, 2020

Mastercard has added a new Account-to-Account (A2A) service to its Track Business Payment Service , to help businesses exchange data more efficiently and perform payments across multiple rails, a press release says. The Track Business Payment Service was rolled out in the U.S.

Visa 81

Visa Business Payments Payments Commercial Card 81

PYMNTS

NOVEMBER 4, 2019

In results that also spotlighted a 17 percent cross-border volume growth, CEO Ajay Banga told analysts that — among other pacts, such as with Bank of America — continued growth was in the cards for commercial business outside the U.S. Firms can also deposit checks using the BlueVine Business Banking mobile app.

Commercial Card 40

Commercial Card B2B Visa Cross-Border 40

PYMNTS

AUGUST 11, 2020

From a lack of supplier acceptance of electronic payments to outdated infrastructure within accounts payable (AP) departments, the B2B payments ecosystem still has much room for improvement on multiple fronts. Moving the needle in the journey away from paper checks isn’t a one-sided battle, either. An Ecosystem Approach.

B2B 110

B2B Payments Wires Wire 110

PYMNTS

AUGUST 10, 2020

When B2B order-to-cash technology provider Billtrust announced the launch of its Business Payments Network (BPN) in late-2018, it was a solution designed to tackle one of the largest hurdles in B2B payments that remains today: managing all of the data and workflows required to achieve transaction success.

Wires 49

Wires Wire ACH Payment Networks 49

PYMNTS

SEPTEMBER 24, 2019

Monthly installment payment solution provider Splitit is rolling out a B2B payments service offering, the company said Monday (Sept. Targeted toward small and medium-sized buyers and sellers, the platform allows buyers to procure goods with their business credit cards. 23) in a press release.

B2B 58

B2B Cross-Border Credit Cards Commercial Card 58

Fintech Finance

FEBRUARY 9, 2024

Bahrain Commercial Facilities Company (BCFC), in a strategic partnership with Mastercard , is set to transform Bahrain’s commercial payments landscape with the introduction of their Commercial Cards Program for companies, corporations and small and medium sized businesses.

Credit Cards 52

Credit Cards Visa Commercial Card B2B 52

PYMNTS

NOVEMBER 16, 2020

American Express has enhanced its Early Pay system with digital payment features aimed at giving large businesses greater control over their ability to make and receive B2B payments, the company announced Monday (Nov.

B2B 77

B2B Payments Commercial Card Automation 77

Fintech Finance

JULY 10, 2024

Network International (Network) , the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has announced the introduction of new Business Payment Solutions for businesses, corporations, and travel industry companies in the UAE.

Visa 97

Visa Cross-Border Payments Cross-Border Payments 97

PYMNTS

DECEMBER 9, 2020

As corporate card innovation accelerates, new paths to adoption emerge. The solution sees suppliers able to send a payment link via email or SMS to their business customers, who, in turn, are directed to the Adflex payment platform, where invoices can be paid via debit, credit or commercial card.

Commercial Card 76

Commercial Card B2B Digital Currency Credit Cards 76

PYMNTS

DECEMBER 19, 2018

18), Extend said it is integrating its card issuing capabilities into the Visa Ready program, a framework for businesses that adopt Visa B2B payments solutions, enabling companies to more seamlessly access additional financial tools like accounts payable automation, virtual card functionality, data analytics and more.

B2B 63

B2B Payment APIs and Integration Commercial Card Payments 63

PYMNTS

NOVEMBER 9, 2020

That can be attributed, in part, to the company's virtual card investments, according to Rettig, with the company's ability to support supplier virtual card acceptance "starting to pay off earlier than expected in the quarter.”.

Innovation 102

Innovation Business Payments FinTech Payments 102

PYMNTS

NOVEMBER 16, 2020

American Express has enhanced its Early Pay system with digital payment features aimed at giving large businesses greater control over their ability to make and receive B2B payments, the company announced Monday (Nov.

B2B 53

B2B Payments Commercial Card Automation 53

PYMNTS

DECEMBER 24, 2020

At the dawn of 2020, commercial cards made up only a fraction of overall B2B payments volume, even as corporates continued their slow-but-sure payments digitization efforts away from the paper check. The card as a credit instrument is very much on a lot of people’s minds.”. The Virtual Card Perks Up.

Commercial Card 81

Commercial Card B2B Visa Issuers 81

The Fintech Times

MARCH 16, 2024

Visa , the digital payments leader, has partnered with UAE-based Merex Investment , and PayMate , a B2B payments solution, to digitise rental collections through Visa’s Business Payments Solution Provider (BPSP) solution provided by PayMate.

Reconciliation 59

Reconciliation B2B Commercial Card Non-Bank 59

PYMNTS

NOVEMBER 30, 2020

Today in B2B payments, Visa teams up with Razorpay to debut a small business commercial card solution, while Nets is working with Yoba Smart Money to develop small business payment tools. Razorpay, Visa Team for SMB Corporate Cards.

B2B 64

B2B Cross-Border Liquidity Management Small Business 64

PYMNTS

SEPTEMBER 9, 2020

Yet it's not only the need to embrace electronic payments that is encouraging government agencies, small businesses and larger enterprises to embrace the payment tool. Mastercard Executive Vice President of Global Commercial Products James Anderson noted that such efficiencies are part of the evolving nature of B2B payments.

Payment APIs and Integration 94

Payment APIs and Integration Commercial Card Push-to-Card Visa 94

PYMNTS

DECEMBER 2, 2020

On the path to payments innovation, collaboration is key. Mastercard Mobilizes The Virtual Commercial Card. This week, Mastercard unveiled its newest commercial payments technology offering: a virtual card product that is supported by mobile wallets. Yoba Smart Money Taps Nets For SMB Cards.

Commercial Card 65

Commercial Card FinTech Small Business Visa 65

PYMNTS

DECEMBER 10, 2020

Digitizing and modernizing B2B payments cannot be a one-sided effort. Increasingly, FinTechs and the businesses they serve are pulling double duty with solutions that tackle both accounts receivable and accounts payable friction for each end of the B2B transaction. Wells Fargo, Bill.com Pull Double Duty With Partnership.

Accounts 60

Accounts Commercial Card B2B Mitigation 60

PYMNTS

NOVEMBER 7, 2018

When it comes to B2B payments digitization, not every company will experience the same journey. The current picture is quite optimistic: Researchers estimated that roughly half the value of mid-market B2B payments is already digital, with 59 percent of firms reporting the use of electronic funds transfer (EFT) to pay their invoices.

B2B 58

B2B Electronic Funds Transfer (EFT) Use Case Commercial Card 58

PYMNTS

JANUARY 19, 2017

One of the top stressors in B2B payments is the disconnect between how buyers want to pay and how suppliers want to accept payment. A recent study by Receivable Savvy found that 63 percent of suppliers prefer to be paid electronically, though not necessarily via commercial card.

B2B 46

B2B Commercial Card Payments ACH 46

Fintech Finance

FEBRUARY 12, 2024

Visa (NYSE:V), a global leader in digital payments, announced extended digital wallet capabilities within Visa Commercial Pay, a suite of B2B payment solutions built in partnership with Conferma Pay, the world’s foremost provider of virtual payments technology, to revolutionize how businesses manage transactions globally.

B2B 52

B2B Treasury Management Commercial Card Treasury 52

PYMNTS

OCTOBER 18, 2019

American Express is introducing a suite of new commercial card products targeted at startups and entrepreneurs in a move that is aimed at competing with industry newcomers like Brex, Bloomberg reports said on Thursday (Oct. “Business-to-business payment offerings feel too clunky,” she said.

Commercial Card 43

Commercial Card Push-to-Card Card Issuer B2B 43

PYMNTS

OCTOBER 29, 2019

The pace of payments innovation continues to accelerate, and corporate payments are no longer an exception to this trend. But to understand where B2B payments innovation is going, Jay Dearborn, president of corporate payments at WEX , said the industry must first take a look in the rearview mirror. “To

B2B 40

B2B Innovation Payments B2C 40

PYMNTS

JUNE 13, 2019

Commercial card issuer and payment processor Comdata is integrating its functionality into the invoice-to-pay platform Billtrust to enable joint customers to pay their vendors electronically. BPN rolled out last year as a platform that connects buyers, suppliers and financial institutions to facilitate electronic B2B payments.

Payment Networks 59

Payment Networks B2B Card Issuer Payments 59

PYMNTS

JANUARY 20, 2021

The corporate card industry continues to dig its heels into adoption efforts with the launch of new products and features designed to elevate the value of the card beyond a mere means of payment. Employees Lack Access To Corporate Cards. WEX Links MYOB Users To Card Payments. Plastiq Loops Into QuickBooks.

Commercial Card 78

Commercial Card Value Added Service Facilitators B2B 78

PYMNTS

SEPTEMBER 23, 2019

Paul Abbott will become Amex GBT’ s new CEO, reports said, coming into the position from his current role as chief commercial officer of global account services for American Express, where he led the company’s business-to-business payments efforts to launch online and mobile products. “It

B2B 43

B2B Payments Innovation Product 43

PYMNTS

MAY 13, 2020

As commercial card transaction volumes climb, two of the industry’s biggest players – Visa and Mastercard – have each announced new solutions designed to enhance the payment experience for corporates. “It’s just more appropriate than ever” to shift to contactless virtual payments, he added.

Commercial Card 52

Commercial Card Contactless Payments Visa Reconciliation 52

PYMNTS

AUGUST 6, 2019

India will see its first small business credit card product, according to EnKash , which announced the roll-out of its commercial card tool on Monday (Aug. Dubbed the Freedom Card , the solution has operated in beta phase for the last few weeks, reports in IndianWeb2 said.

Credit Cards 43

Credit Cards Commercial Card B2B Underserved 43

PYMNTS

JUNE 21, 2018

But a company’s interest and efforts to adopt new technologies does not always mean that all B2B payment processes are improved. Instead, new research suggests that the enterprise is embracing some tools and tech (but not all), and applying them to some aspects of B2B payments (but not all).

Faster Payments 44

Faster Payments Blockchain Same Day ACH Commercial Card 44

PYMNTS

DECEMBER 4, 2017

When it comes to payments, old habits die hard. That proves especially true in business-to-business payments. How to streamline payments between buyers and suppliers who are unaware that new technology can significantly enhance operational efficiencies? Stubbornly entrenched, some would say.

B2B 40

B2B ACH Credit Cards Payments 40

PYMNTS

JANUARY 30, 2020

This week’s roundup of the latest open banking initiatives finds new use-cases in business payments, procurement, corporate cards and more. Mastercard Taps FinTech for Biz Card Boost. Mastercard wants to expand Europe’s commercial card adoption, and is turning to a FinTech partner to help.

Use Case 64

Use Case Payment APIs and Integration FinTech Payroll 64

The Paypers

JUNE 13, 2019

(The Paypers) Billtrust has announced that B2B payments processor and commercial card issuer, Comdata , has joined Business Payments Network (BPN), enabling their buyer customers to send payments to suppliers on BPN.

Card Issuer 28

Card Issuer Commercial Card Processors Issuers 28

PYMNTS

OCTOBER 4, 2019

In a press release , Payoneer said its cross-border payment services, which initially rolled out with a focus on large, multinational conglomerates, are now available to SMBs, enabling U.S. companies of all sizes to send payments to their vendors and contractors across borders.

Cross-Border 60

Cross-Border Cross-Border Payments Commercial Card B2B 60

PYMNTS

FEBRUARY 4, 2020

Tools like virtual cards (v-cards) and vendor payment optimization solutions, can address friction on both ends of a B2B transaction. Vendors’ V-Card Opportunity. V-cards continue to press further into the B2B payments arena as commercial card adoption grows.

B2B 52

B2B Commercial Card Automation Finance 52

PYMNTS

AUGUST 9, 2019

In other Visa news , the company recently announced that its joint venture with Billtrust, called the Business Payments Network (BPN), was going to have a new user. JPMorgan said it would use the service to streamline the delivery of electronic B2B payments for its commercial card clients.

Credit Union 77

Credit Union PayPal Commercial Card EMV 77

PYMNTS

MARCH 18, 2016

Bill.com may be one of the largest nonbank corporate payments tools on the market today, and it’s just become one of the latest to work with banks, allowing them to provide upgraded services to business clients without having to build those modern tools from the ground up.

Compromise 40

Compromise B2B ACH Commercial Card 40

PYMNTS

SEPTEMBER 2, 2020

From flexible repayment plans for cash flow management to sustainability programs that offset carbon emissions from fleet vehicles, the commercial card is versatile in this week's innovation roundup. FLEETCOR Wields Cards For Supply Chain Sustainability.

Innovation 60

Innovation Push-to-Card Commercial Card Debit Card 60