PYMNTS

MAY 13, 2016

Indian airliner Jet Airways is teaming up to bring SMEs in the nation a commercial card solution, a move reports said will bring India its first contactless business card. Reports on Thursday (May 12) said ICICI Bank will collaborate with Jet Airways to launch the Jet Airways ICICI Bank Business Advantage Card.

Commercial Card 40

Commercial Card Cash Management Credit Cards Small Business 40

PYMNTS

AUGUST 3, 2017

Accounts payable company MineralTree just gave a big show of support for commercial cards when it announced this week it is partnering with American Express (Amex) to offer companies an integrated platform to support supplier payments via virtual commercial card. But the hurdle of card adoption persists.

Cash Management 43

Cash Management Commercial Card Push-to-Card B2B 43

PYMNTS

SEPTEMBER 19, 2018

According to Bank of America ’s new vision of the future, those trips — and other B2B payment activities such as buying supplies — would go much more efficiently if plastic was replaced by mobile wallets. Bank of America’s corporate cards are now compatible with such mobile wallets as Apple Pay , Google Pay and Samsung Pay.

B2B 56

B2B Push-to-Card Commercial Card Point-of-Sale (POS) 56

PYMNTS

SEPTEMBER 26, 2016

From sourcing to invoicing, B2B transactions involve a lot of steps before the actual payment. Using FIS-run PayNetExchange to process ACH, checks and virtual cards and using Comdata to issue Mastercard commercial cards, Corcentric pulls in payment capabilities across a range of rails to support the last mile of the B2B transaction.

B2B 65

B2B Same Day ACH ACH Commercial Card 65

PYMNTS

MAY 31, 2019

based B2B FinTechs led the way in this week’s investment roundup, with more than $212 million in new funding falling in the hands of startups targeting a range of enterprise operations. Accounts payable, cloud migration, Big Data and even legal management for startups raising new funding were all targeted among investors.

Cybersecurity 57

Cybersecurity B2B Participant Commercial Card 57

PYMNTS

APRIL 1, 2016

Electronic payments and FinTech can help businesses across the board improve time and cash management, but each industry is different in the types of solutions they need and the progress with which they adopt more sophisticated tools.

B2B 40

B2B Commercial Card Cross-Border Cash Management 40

PYMNTS

NOVEMBER 17, 2020

is partnering with Global Healthcare Exchange (GHX) to help healthcare organizations pay suppliers with commercial cards, Boost announced today (Nov. Commercial cards have become an effective cash management solution, especially during the pandemic’s disruptive effects on how organizations choose to pay and hold cash.

Payment Solutions 52

Payment Solutions Commercial Card Payments Wire 52

PYMNTS

SEPTEMBER 17, 2019

Operating as a funding agent will broaden community banking participation in RTP, Bankers’ Bank said, adding that it will also build a 24/7 liquidity management solution for RTP transactions within its cash management suite of services.

B2B 43

B2B RTP Bankers' Bank Funding Agent 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

JULY 24, 2017

Muted corporate spend tempered American Express’ performance in its commercial card segment, and regulatory uncertainty is on the radar for Fifth Third Bancorp. Here’s all the financial data you need to know from some of the largest B2B finance and tech businesses. American Express Global Commercial Services.

B2B 46

B2B Push-to-Card Commercial Card Non-Bank 46

PYMNTS

NOVEMBER 21, 2017

The B2B payments industry continues its push to break businesses’ habit of using paper checks, but players are divided on what payment rail should take their place. In Karmic Labs’ latest white paper , “Prepaid Expense Cards: Helping Small Businesses Solve Cash Flow Dilemmas,” researchers surveyed U.S.-based

Visa 43

Visa B2B Credit Cards Small Business 43

PYMNTS

OCTOBER 17, 2017

In B2B payments, it’s not just the movement of money that’s a pain point for companies — it’s the tracking of that payment and the ability to reconcile those transactions that can be a major headache for both payers and payees. In an announcement on Tuesday (Oct. In an announcement on Tuesday (Oct.

Automation 47

Automation Reconciliation Card Issuer Payee 47

PYMNTS

OCTOBER 11, 2016

When Sourcery launched, CEO Na’ama Moran said there was a bit of a chicken-and-egg issue: She wanted the company to become a holistic B2B payments player, but should it begin with accounts receivable or accounts payable? “It makes it a lot harder to manage cash flow,” she explained.

ACH 75

ACH B2B Commercial Card ACH Network 75

PYMNTS

NOVEMBER 22, 2016

Those drivers may support the rise in consumer mobile payments, but economic factors in the Asia-Pacific region have also opened doors for B2B mobile payments to gain traction, too. MC Payment , a startup based in Singapore, is a FinTech startup in the region that is riding the B2B mobile payments wave.

B2B 65

B2B Mobile Payments B2C Payroll 65

PYMNTS

APRIL 12, 2016

Making sure the books add up properly is key to keeping their legal nonprofit status, and that means cash management is paramount. According to Vendor Centric, there are four key benefits for nonprofits when it comes to the v-card. The first is cash rebates. Virtual cards, the report noted, can do the same.

Commercial Card 40

Commercial Card Credit Cards Reconciliation Payments Tools 40

PYMNTS

JUNE 12, 2017

Strategic Treasurer and Bottomline Technologies recently published a joint report on the B2B payments landscape: B2B payments + WCM Strategies. Combine that with the finding that B2B payments are becoming increasingly complex, with two-thirds of respondents saying they originate payments with at least three banks. Globalization.

Payer 60

Payer ACH FinTech Push-to-Card 60

PYMNTS

JULY 10, 2018

Mastercard and EU FinTech Strands are collaborating on a cash management and corporate payments platform for banks, designed to address small business (SMB) needs. Strands released a research report last year that found small businesses in the U.K. widely consider their banks to be utilities, not business partners.

Visa 47

Visa AI Small Business Commercial Card 47

PYMNTS

AUGUST 14, 2018

“We are pleased to join forces with a global provider that is equally committed to delivering a best-in-class solution for their customers,” Gonca Latif-Schmitt, global head of Citi Commercial Cards, said in a press release. “We

Online and Mobile Banking 40

Online and Mobile Banking Payments Commercial Card Treasury 40

PYMNTS

JULY 31, 2018

According to Fundera, 23 percent of surveyed small business owners admitted to mixing personal and business expenses on their commercial cards, with meals and small-value purchases the most common personal transactions landing on business credit cards.

Small Business 41

Small Business Credit Cards Commercial Card Compliance 41

PYMNTS

MARCH 25, 2016

In January, the FI announced support of all of its card solutions — including commercial cards — for Apple Pay. Bank into the MasterCard Business Network, an online portal of resources for cash management and other business management solutions.

Small Business 40

Small Business Checks Online and Mobile Banking Treasury Management 40

PYMNTS

FEBRUARY 29, 2016

In this week’s Data Digest, we take a trip around the world to uncover the evolving habits of business payments and cash management. 9 percent of suppliers want to get paid via commercial card , says new research from Receivable Savvy. But that doesn’t mean suppliers aren’t interested in electronic payments.

Commercial Card 40

Commercial Card Small Business Cross-Border Payments Checks 40

PYMNTS

JANUARY 29, 2020

Cichy also pointed to additional bank solutions, like lockbox operation, payment processing and commercial card offerings, into which Palette’s P2P solution is linked, promoting cohesion in banks’ corporate offerings. Historically, opportunities to wield this kind of data have been limited for traditional FIs.

P2P 52

P2P Lockbox Payment Reconciliation Value Added Service 52

PYMNTS

OCTOBER 24, 2019

Commercial cards remain a small, but growing, part of the B2B payments ecosystem, thanks in part to their versatility. The payments technology firm is targeting high-spending small and medium-sized businesses (SMBs), with Visa B2B offered for everyday business spend, and Infinite Preferred focused on corporate travel spend.

Commercial Card 40

Commercial Card Small Business Credit Limit B2B 40

PYMNTS

JANUARY 22, 2020

“We’re excited to expand the services available to our commercial clients through our partnership with First Bankcard,” said Bernadette N. Macko, senior vice president, director of corporate cash management.

Payments 52

Payments Cash Management Payment Solutions Service Provider 52

PYMNTS

JUNE 29, 2016

professionals will also gradually heat up, with some corporations already holding small conventions, attracting business professionals and, with them, the need to spend corporate cash. . The biggest area Seleski said he anticipates commercial card usage is in the hotel industry. brand, Four Points by Sheraton, since 1959.

Commercial Card 40

Commercial Card Push-to-Card Cross-Border Credit Cards 40

PYMNTS

JULY 17, 2018

This time around, Mastercard is linking with Strands , a FinTech based in the EU, which focuses on a collaboration that brings to bear joint efforts on cash management and corporate payments — and is geared toward SMBs. The duo will integrate Strand’s business financial management offering and Mastercard’s digital payments technology.

Caps 40

Caps Regulations FinTech Payment APIs and Integration 40

PYMNTS

JUNE 22, 2020

Digital tools also offer real-time visibility into corporate cash flows, which can be especially helpful as businesses strategize to address a rapidly changing economic situation, Brad Garfield , head of product for commercial cards and comprehensive payables in global transaction services for Bank of America , recently explained to PYMNTS.

Automation 56

Automation Push-to-Card FinTech Process 56

PYMNTS

MARCH 25, 2020

Building a company like Trimwire in the current climate of coronavirus uncertainty is also a significant opportunity for the firm as organizations of all sizes and industries become hyper-vigilant about spend and cash management.

Credit Cards 43

Credit Cards Commercial Card Service Provider Mitigation 43

PYMNTS

FEBRUARY 13, 2020

Small business owners have historically faced a unique challenge in the banking world: Financial institutions (FIs) can sometimes fail to clearly define their small business services, blurring the lines between personal and corporate banking and forcing an SMB to fit somewhere within that ambiguity.

Small Business 61

Small Business Payment APIs and Integration Economy Finance 61