PYMNTS

OCTOBER 21, 2020

Spend controls were the focus of innovation in the commercial card space this week thanks to feature and program launches. This week’s commercial card innovation tracker includes a rollout of the next generation of authorization controls from Comdata Inc., Mastercard Adds B2B Payment Functionality With Commercial Cards.

Commercial Card 52

Commercial Card Innovation Procedures B2B 52

PYMNTS

NOVEMBER 4, 2019

Earnings season is upon us, offering insight into business spending among payment network giants such as Visa , Mastercard and WEX — across cards and, of course, cross-border payments. Mastercard also announced last week that it has extended its partnership with Brex , aimed at fueling growth within the U.S.

Commercial Card 40

Commercial Card B2B Visa Cross-Border 40

PYMNTS

SEPTEMBER 9, 2020

The payments digitization push has ramped up for corporates in recent months, with growing corporate card adoption attributed to the pandemic, recent Mastercard data reveals. Mastercard Streamlines Amazon Expense Management. Airbase Spend Signals Rising Card Adoption. Brex Broadens Partnership Base.

Payment APIs and Integration 94

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

PYMNTS

DECEMBER 2, 2020

This week's Commercial Card Innovation Tracker finds FinTechs and payment technology players like Mastercard, Visa and Nets embracing partnerships to roll out new corporate card solutions, including virtual commercial cards and small business credit cards designed to enhance spend management and help SMBs access credit during turbulent times.

Commercial Card 65

Commercial Card FinTech Small Business Visa 65

PYMNTS

NOVEMBER 30, 2020

But there is often one major drawback: Actually using the virtual card in a remote setting can be a challenge, as support for virtual cards to be loaded onto a mobile wallet is not ubiquitous. And if you marry that within the commercial space, there's exactly the same expectation.". On Monday (Nov. Retaining Control – Remotely.

Visa 84

Visa Security Contactless Payments On-Demand 84

PYMNTS

NOVEMBER 16, 2018

Mastercard and Australia-based small business accounting platform MYOB are collaborating to streamline vendor payments and payroll. billion in payments. ” In another statement, Mastercard Australasia Division President Richard Wormald said the company anticipates a major acceleration in payments innovation.

Visa 54

Visa Debit Card Payroll Online and Mobile Banking 54

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. But in the midst of the coronavirus crisis, the corporate card seemed to unlock more value for businesses large and small.

Commercial Card 81

Commercial Card B2B Visa Issuers 81

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

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

PYMNTS

OCTOBER 29, 2019

Mastercard posted results Tuesday (Oct. 29) that showed continued traction in new payment flows, especially B2B, core debit and credit spending. billion, and Mastercard increased its card count 6 percent to 2.6 Commercial Card Pacts and Click to Pay. Switched transactions grew by 20 percent to 22.9

Volume 40

Volume Visa Cross-Border B2B 40

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

DECEMBER 30, 2019

This year, B2B payments technology made strides toward speed, transparency and efficiency as service providers took advantage of a massive market opportunity: corporates’ payment demands are growing more sophisticated, yet they continue to rely on checks and legacy tools. Bank, MYOB and others.

Innovation 42

Innovation Cross-Border Commercial Card B2B 42

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. In Mastercard's case, that involves embracing a mix of interoperable payment rails via its Mastercard Track Business Payment Service.

B2B 119

B2B Payer Payments BNPL 119

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

PYMNTS

APRIL 22, 2020

The company has strategic partnerships with ePayLinks, a Hong Kong-licensed Stored Value Facility that has its own partnership with Mastercard. Neat aims to ease this friction by offering SMBs an alternative to the traditional bank account.

Cross-Border 96

Cross-Border Economy Cross-Border Payments Multi-Currency 96

PYMNTS

MARCH 25, 2016

Paper checks are far from disappearing in business payments, but a new solution from U.S. Bank will add a digital, mobile twist to the paper payment tool. In January, the FI announced support of all of its card solutions — including commercial cards — for Apple Pay. Bank has rolled out this year.

Small Business 40

Small Business Checks Online and Mobile Banking Treasury Management 40

Stax

MARCH 14, 2024

Business to business organizations provide services or goods to other companies, unlike business to consumer (B2C), which is when businesses transact with consumers (individuals). Business to business payments, therefore, refer to the payment processes and activities between two businesses.

B2B 88

B2B Process B2C Credit Cards 88

PYMNTS

MAY 26, 2016

Reports said one of Curve’s biggest selling points for its small business and entrepreneur users was that its clients could make purchases on the MasterCard-branded tool using their American Express cards loaded on the solution. Reports also highlighted the challenges that Curve is facing on a regulatory front.

Rules 40

Rules Small Business Commercial Card Payer 40