PYMNTS

JANUARY 2, 2019

While commercial card innovation certainly accelerated in 2018, progress can always continue. Morgan Managing Director and Head of Commercial Card Product Management Naney Pandit says should be a focus this year is in mobilizing the corporate card. But so far, mobile B2B payments have been slow to take off.

Commercial Card 84

Commercial Card Online and Mobile Banking Payer B2B 84

PYMNTS

NOVEMBER 20, 2020

Today in B2B payments, Wells Fargo rolls out its virtual card services for B2B payments, while PayPal Ventures makes a B2B payments investment. Wells Fargo Debuts Digital Supplier Payment Tool. Wells Fargo Debuts Digital Supplier Payment Tool. In Payments Services Firm Modulr.

Commercial Card 78

Commercial Card B2B PayPal NOV 78

PYMNTS

DECEMBER 29, 2020

Although it occurred under dire circumstances, 2020 was the year that many organizations finally ditched the paper check in B2B payments — or, at the very least, helped to move the needle toward electronic payments. B2B payments are messier than B2C payments," said Chanda.

B2B 114

B2B Reconciliation Payments Automation 114

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. The shift to digital payments has been gaining momentum.

B2B 115

B2B Payments Reconciliation Payer 115

Payments Source

DECEMBER 6, 2020

Banks trudging along slowly with digital advancements are getting a push from virtual card technology providers touting the concept of mass distribution for commercial card issuers.

Card Issuer 157

Card Issuer Continuity Commercial Card B2B 157

PYMNTS

DECEMBER 30, 2020

The B2B payments ecosystem experienced a sudden and dramatic acceleration of change upon the onset of the global pandemic, and its impacts reach far beyond the mere digitization of the B2B transaction. How that is achieved is a matter of innovation and experimentation. The Coexistence Of Rails.

B2B 119

B2B Payer Payments BNPL 119

PYMNTS

JULY 31, 2020

In the midst of a surge of new software solutions and FinTech platforms available to B2B companies, the enterprise resource planning (ERP) system continues to retain its reputation as the single source of truth within an organization, a sort of motherboard to connect and streamline many workflows into one. A Commercial Card Strategy.

B2B 95

B2B Process Commercial Card Processors 95

PYMNTS

DECEMBER 9, 2020

The takeover signaled an evolution of the company's business model from a traditionally business-to-consumer (B2C) seller, to one that includes business-to-business (B2B) operations. It was also indicative of a growing trend of B2C merchants expanding into the B2B realm in an effort to take advantage of a surging market.

B2C 118

B2C B2B Innovation FinTech 118

PYMNTS

JULY 10, 2020

Although commercial card products can offer working capital benefits on both ends of the B2B transaction, adoption lags behind other digital payment methods in accounts payable (AP) departments. And with the pandemic all but wiping out business trips, the commercial card could be at a crossroads.

Commercial Card 80

Commercial Card Credit Limit Issuers Cross-Border 80

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

OCTOBER 1, 2020

Boost Payment Solutions , which works in optimizing payment cards, is partnering with Visa to give commercial card issuers, cardholders and suppliers more automation and flexibility in their experiences, according to a press release.

Commercial Card 74

Commercial Card Card Issuer Enrollments B2B 74

PYMNTS

JULY 16, 2020

Commercial card innovation continues to make big waves in the accounts payable (AP) department, as corporates and card issuers alike explore new ways to drive business spend on cards beyond business trips or ad-hoc purchases. American Express commercial cards have been a staple for many corporates over the years.

Commercial Card 64

Commercial Card Payment APIs and Integration Value Added Service B2B 64

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 Wire Wires 110

PYMNTS

JANUARY 12, 2021

Historically, corporate travel and expense ( T&E ) management has been viewed as an entirely separate function from other B2B payment workflows. With T&E transactions looking so much like consumer payments, corporates often view T&E as the low-hanging fruit of optimization. A Corporate Spend Convergence.

B2B 91

B2B Payments Commercial Card Best Practices 91

Fintech Finance

SEPTEMBER 27, 2024

PayMate , a B2B payment solutions provider, has officially entered into a strategic partnership with De’Xandra – Malaysia’s leading perfume brand, in a move aimed at revolutionizing B2B payment processes and boosting the growth of Malaysian SMEs.

B2B 98

B2B SDN Payments Commercial Card 98

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. He also previously worked at U.S.

B2B 95

B2B Payments Commercial Card Processors 95

PYMNTS

OCTOBER 7, 2020

Smaller companies were the focus of innovation in the commercial card space this week thanks to new cards designed for small and medium-sized businesses (SMBs). American Express, Amazon Rollout Card For UK SMBs. The cards offer an “enhanced” checkout experience on Amazon.co.uk

Commercial Card 99

Commercial Card Innovation Push-to-Card Credit Cards 99

PYMNTS

FEBRUARY 27, 2019

card company interchange fees reached new levels earlier this year when the European Commission (EC) issued a $648.3 Payment Systems Regulator (PSR) continue their probes into competition of the card-acquiring space, with Mastercard and Visa offering late last year to cut swipe fees on tourist cards to help end the EC’s investigation.

Commercial Card 70

Commercial Card Caps Regulations Card Issuer 70

PYMNTS

NOVEMBER 27, 2020

As B2B eCommerce accelerates its technological innovation, and as adoption grows, it continues to look toward the world of B2C to implement optimized end-user experiences – for both the buyer and the seller. Extending trade credit directly at the point of sale is a major opportunity for B2B sellers to similarly drive up sales.

B2B 104

B2B Point-of-Sale (POS) B2C Due Diligence 104

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

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. Velo Labs, Lightnet, Visa Collab On Blockchain SMB Payments.

B2B 88

B2B NACHA Innovation Nacha Operating Rules 88

PYMNTS

NOVEMBER 18, 2020

Mastercard is teaming up with Network International , which works in digital commerce for the Middle East and Africa, to help drive the adoption of commercial payment services in that region, according to a press release.

Commercial Card 75

Commercial Card Visa B2B Reconciliation 75

Fintech Finance

OCTOBER 2, 2024

Bank of America , a global leader in commercial cards, has expanded its Virtual Payables capabilities in EMEA with the launch of Virtual Payables Direct. This comes at a time when the global B2B payments market is growing rapidly and is projected to reach over US$2.4 Suppliers receive prompt payment through bank transfer.

B2B 94

B2B Commercial Card Payment Solutions Global Payments 94

PYMNTS

DECEMBER 30, 2020

Virtual cards and straight-through processing (STP) are poised to get more attention from buyers and suppliers as the pandemic recedes. Suppliers, he said, have traditionally been less amenable to commercial card payments, but are increasingly starting to accommodate buyers’ payment preferences.

B2B 105

B2B Process Point-of-Sale (POS) Commercial Card 105

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

SEPTEMBER 22, 2020

For small, mom-and-pop retailers, complex or proprietary procurement platforms simply aren't in the cards. With the pandemic accelerating businesses' digital shift , small retail buyers have shifted their buying operations to the B2B eCommerce realm, and for many, the online marketplace operates in lieu of a procurement solution.

B2B 94

B2B Commercial Card Credit Cards Addressing 94

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

PYMNTS

FEBRUARY 26, 2020

As more financial service providers explore how to capitalize on corporates’ growing adoption of commercial cards, firms are looking at the card as a way to round out their products and services with a more holistic offering. Below, PYMNTS takes a look at the latest in commercial card innovation.

Commercial Card 60

Commercial Card B2B Small Business Mitigation 60

Payments Source

MAY 3, 2018

With $120 trillion in B2B payments made each year, making even a tiny change in how businesses pay each other could unlock incredible value for buyers, suppliers, and their financial institutions, writes Dean M. Leavitt, CEO of Boost Payment Systems.

Commercial Card 67

Commercial Card B2B Payments ISOs 67

PYMNTS

NOVEMBER 19, 2020

Wells Fargo is beefing up its digital payments arsenal with a new service aimed at business customers. 19) announced in a press release that it is adding a new solution to its WellsOne Virtual Commercial Card , enabling business customers to digitally pay invoices to suppliers and others.

Payments Tools 124

Payments Tools Commercial Card Payments Digital Payments 124

PYMNTS

NOVEMBER 30, 2018

Expense management company DiviPay is rolling out what it says is Australia’s first Mastercard virtual commercial card for corporate payers, and the first solution in the country that combines payments with expense management automation.

Commercial Card 86

Commercial Card Visa Payer Automation 86

PYMNTS

DECEMBER 2, 2020

There’s an imbalance in B2B payments — between buyers and suppliers, and between automation on one side of the cash flow equation and manual, paper-based processes on the other. Aquilina said that’s partly because historically, B2B payments innovation efforts — especially via FinTechs — have focused on buyers.

B2B 79

B2B Innovation Commercial Card Push-to-Card 79

PYMNTS

NOVEMBER 9, 2020

But companies large and small are still making purchases, and with the pandemic fueling the need for contactless payments, commercial card technology adoption is on the rise. One of those partners is Brex , which targets startups with its commercial card product. Bank commercial cards directly within the platform.

Commercial Card 81

Commercial Card Contactless Payments Issuers Card Issuer 81

PYMNTS

SEPTEMBER 14, 2020

"The Amazon experience" is now a worn-out catchphrase in the world of B2B eCommerce. But B2B eCommerce is not the same beast as B2C. The core difference between B2B and B2C is that in B2B, the individual researching and buying has a job to do,” King said. The payments experience is part of that. It is their job.

B2B 107

B2B B2C Checks Commercial Card 107

Finovate

MARCH 28, 2025

Supply chain finance fintech Taulia partnered with Lloyds to embed Visa-enabled Virtual Cards into SAP Business Suite solutions, streamlining supplier payments. Businesses using Taulia’s platform will be able to issue virtual cards globally through Lloyds, enhancing automation, cash flow visibility, and payment efficiency.

Payment APIs and Integration 52

Payment APIs and Integration Payments Commercial Card Credential 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

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