PYMNTS

NOVEMBER 18, 2020

In the fourth quarter, the two companies aim to work with "business and corporate cards, travel cards, fleet cards and procurement cards, among other corporate payment solutions" to aid businesses of varying sizes and sectors to move cashless payments.

Commercial Card 75

Commercial Card Visa B2B Reconciliation 75

PYMNTS

DECEMBER 21, 2020

Consumers around the world have become intimately familiar with the “card-not-present” method of payment. Now businesses in Asia have an option to embrace “card not needed” as the pandemic continues to accelerate business models. That option, which extends to commercial cards , is being presented by Singapore-based CardUp.

Commercial Card 70

Commercial Card Cross-Border Payments Cross-Border B2B 70

PYMNTS

JULY 21, 2020

With accounts payable (AP) solutions increasingly paying attention to supplier needs, commercial card technologies have expanded their focus on both the AP and accounts receivable (AR) side of B2B transactions. OnPay Talks V-Card Adoption. American Express Debuts AP Offering. SAP ERP Integrates With ezyCollect.

Commercial Card 70

Commercial Card B2B Payer Transactions 70

PYMNTS

JUNE 17, 2020

At least, that’s what commercial card technology players believe, with this week’s rundown of the latest initiatives in corporate card solutions placing a focus on returning business trip volume. Amadeus B2B Wallet Expands Functionality. Emirates Islamic Launches Cards For SMBs.

Commercial Card 67

Commercial Card Returns Debit Card Reconciliation 67

Stax

MARCH 14, 2024

During the 2020s, almost all businesses will have been looking at b2b payments processing solutions to meet changing consumer needs. Online and contactless adoption multiplied, and digital payments rose. consumers using two or more types of digital payment methods increased by 8%. Learn More What are B2B Payments?

B2B 88

B2B Process B2C Credit Cards 88

PYMNTS

NOVEMBER 26, 2018

Adoption of commercial cards in B2B payments has emerged as one of the hottest industry topics of the year thanks to new FinTech innovations and industry leaders like Visa and Mastercard making a push further into the market. percent of incoming payments volume for B2B vendors by 2020 — up just 1.5

Commercial Card 68

Commercial Card B2B Small Business Push-to-Card 68

PYMNTS

FEBRUARY 4, 2020

That’s particularly true in accounts receivable (AR), with B2B suppliers not only needing money to flow in from their buyers, but high-quality transaction data for reconciliation, reporting and analytics. The drive for payment information is a key factor behind suppliers’ gradual path toward commercial card acceptance.

Commercial Card 61

Commercial Card Lockbox Reconciliation ACH 61

Tearsheet

OCTOBER 2, 2024

Morgan as an early adopter for its B2B virtual card offering. To discuss this development and its implications for the B2B payments sector, we spoke with two key figures: Stephen Markwell, Head of Product Strategy and FinTech Partnerships for Global Banking at J.P. Morgan, and Peter Lord, the Co-Founder and CEO of Codat.

B2B 59

B2B Checks Payment APIs and Integration Push-to-Card 59

PYMNTS

AUGUST 21, 2019

International B2B payments are in the crosshairs of many a firm eager to seize the opportunity to move the trillions of dollars that cross borders away from checks. But on an international stage, cross-border corporate payments can present challenges, especially when it comes to getting suppliers to adapt to digital payments.

Commercial Card 58

Commercial Card B2B Cross-Border Push-to-Card 58

PYMNTS

FEBRUARY 27, 2019

Supreme Court ruling in favor of the card networks during a case in 2017, and with Australia in the midst of pondering either swipe fee limits or an outright ban. However, missing from much of this regulatory debate is the issue of interchange fees on commercial cards. ” The Commercial Card Debate.

Commercial Card 70

Commercial Card Caps Regulations Card Issuer 70

PYMNTS

JUNE 14, 2017

B2B payments startup Boost Payment Solutions landed new backing from Mosaik Partners, the company said Tuesday (June 13). Canada, Europe, UAE and Caribbean, Boost operates Boost Intercept, its B2B payments gateway, to automate the virtual card payment experience for supplier acceptance.

Commercial Card 40

Commercial Card Payment Solutions B2B Payment Gateways 40

PYMNTS

JUNE 25, 2020

Boost Payment Solutions , a global provider of B2B payment technologies, announced a strategic collaboration with BMO Harris Bank on Thursday (June 25). The New York-based financial technology company has teamed with BMO Harris Bank to deliver integrated, automated processing for its corporate card customers.

B2B 52

B2B Payment Solutions ACH Commercial Card 52

PYMNTS

DECEMBER 3, 2020

Payment innovators are embracing the opportunities to mix payment rails old and new in search of business-to-business (B2B) solutions that can tackle longstanding friction. Visa To Use Card Rails For Digital Currency B2B Payments. Iceland Debuts Instant Payments.

B2B 88

B2B NACHA Innovation Nacha Operating Rules 88

PYMNTS

JANUARY 31, 2018

B2B payments company Boost Payment Solutions are teaming up to promote the use and acceptance of commercial cards across the Caribbean. And through our alliance with Mastercard, we look forward to unlocking the potential of commercial card payments for businesses across the Caribbean.”.

Commercial Card 43

Commercial Card Visa B2B Payments 43

The Fintech Times

OCTOBER 4, 2024

The global B2B payments market continues to experience rapid growth, with estimates suggesting it will reach over $2.4trillion by 2031. “The payments are made much earlier in the procurement cycle, thereby helping to improve important supplier relationships and allowing the buyer to take advantage of any prompt payment discounts.”

B2B 52

B2B Commercial Card Payment Solutions Global Payments 52

PYMNTS

APRIL 13, 2020

Payments FinTech WEX is introducing a new corporate payment solutions team as it moves to reorganize its business, the company said in a statement on Monday (April 13). He will focus on developing cloud-based solutions for corporate payments across sectors including travel and healthcare.

B2B 95

B2B Payments Commercial Card Processors 95

PYMNTS

MAY 18, 2018

A new report from Mastercard links use of commercial cards to cost savings for businesses, according to reports in Verdict. Use of a commercial card program to manage employee travel expenses, however, reduces these operational costs and is linked to add-on benefits like travel insurance and rewards.

Commercial Card 40

Commercial Card Visa Disputes Procedures 40

PYMNTS

NOVEMBER 23, 2020

23) that they have entered a strategic partnership to launch Visa Commercial Pay, billed as a suite of B2B payment solutions for enterprises making the shift to digital transactions, and, specifically, virtual cards — and away from paper-based manual processes. Visa and Conferma Pay said Monday (Nov.

B2B 115

B2B Payments Reconciliation Payer 115

PYMNTS

JANUARY 22, 2020

National bank RAKBANK , headquartered in the emirate of Ras Al-Khaimah in the United Arab Emirates, has teamed up with Mastercard to introduce corporate payment solutions, Zawya reported Wednesday (Jan. This, in turn, provides decision-makers with timely and relevant insights to build efficiencies into their cash flow management.”.

Commercial Card 52

Commercial Card Visa B2G Cross-Border Payments 52

PYMNTS

JANUARY 2, 2019

When the B2B payments industry began considering what to expect for 2018, commercial cards weren’t often on the radar. Yet, 2018 was certainly a big year for commercial cards, and for credit card giants’ B2B payments aspirations overall. Visa Acquires Fraedom.

B2B 75

B2B Visa Distributed Ledger Technology (DLT) Commercial Card 75

The Fintech Times

OCTOBER 3, 2024

Financial services giant American Express is launching commercial virtual card processing services to US merchants in partnership with B2B payments provider, Boost Payment Solutions. However, the increasing volume of virtual card transactions is making automation even more essential for suppliers.

Process 64

Process Point-of-Sale (POS) Automation B2B 64

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

MARCH 8, 2017

B2B payments and virtual card company Optal is shrinking the industry thanks to its acquisition of peer Invapay. 7) that Optal will acquire Invapay in an effort to strengthen its position in the B2B payments space. The companies said Tuesday (Mar.

Commercial Card 40

Commercial Card B2B Payment Solutions Facilitators 40

PYMNTS

NOVEMBER 17, 2020

Boost Payment Solutions , Inc., is partnering with Global Healthcare Exchange (GHX) to help healthcare organizations pay suppliers with commercial cards, Boost announced today (Nov. Leavitt , founder and CEO of Boost Payment Solutions, in the release. 17), in a press release emailed to PYMNTS.

Payment Solutions 52

Payment Solutions Commercial Card Payments Wire 52

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

The Fintech Times

FEBRUARY 28, 2024

“Undoubtedly, the payments industry has evolved and grown substantially over the past five years, with some extraordinary advancements in the underlying technology powering payments. .” “The shift towards software-driven and self-service solutions has been the most impactful development in the past five years. .”

Payment Solutions 59

Payment Solutions BNPL Payment APIs and Integration Payments 59

PYMNTS

NOVEMBER 15, 2019

When the commercial card first came on the scene, executives thought of the payment tool in limited terms: a piece of plastic their employees could use to make one-off purchases at the office supply or hardware store, buy a coffee while on a business trip or take a client out to dinner.

B2B 53

B2B Commercial Card Payments ACH 53

PYMNTS

APRIL 29, 2016

Australia-based commercial card firm Emerchants Payment Solutions is reportedly looking to make a strategic acquisition in the U.S. million to purchase Store Financial , a payments company operating in the B2B payments and payment card space.

Commercial Card 40

Commercial Card B2B Volume Payment Solutions 40

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

SEPTEMBER 24, 2019

Monthly installment payment solution provider Splitit is rolling out a B2B payments service offering, the company said Monday (Sept. Unlike repaying commercial card balances in installments, the platform does not charge interest and can accelerate the reordering process. 23) in a press release.

B2B 58

B2B Cross-Border Credit Cards Commercial Card 58

PYMNTS

SEPTEMBER 22, 2020

Global-e Chief Operating Officer Shahar Tamari noted that all of the company's subscription and Software-as-a-Service (SaaS) expenses replied upon its business card before putting Mesh Payments into place. Mesh focuses on sellers throughout emerging markets, letting these companies link up with business purchasers globally.

B2B 73

B2B Payments Cross-Border Commercial Card 73

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 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.”. Easing Cash Flow Pains.

Commercial Card 81

Commercial Card B2B Visa Issuers 81

PYMNTS

MARCH 21, 2017

Bank will enable its corporate customers to use their commercial cards via the mobile Apple Pay , Android Pay and Samsung Pay solutions, reports said Monday (March 20). According to the bank, this makes it the first to support mobile payments for Visa commercial card transactions. According to U.S.

Commercial Card 40

Commercial Card Online and Mobile Banking Mobile Payments Card Issuer 40

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 20, 2019

Much of what commercial card innovators seek to address is a massive pain point for adoption: supplier acceptance. Such was the strategy of JPMorgan in its latest corporate card initiative. Collaboration is key to many of these efforts, with big banks working with Boost Payment Solutions, Coupa, Mesh and OPEN.

Issuers 62

Issuers Commercial Card Innovation Cross-Border 62