Remove Card Issuer Remove Commercial Card Remove Reconciliation
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Boost Partners With Visa To Enhance Commercial Card Use

PYMNTS

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.

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The Economic – And Ergonomic – Value Of Commercial Card Optimization

PYMNTS

Leavitt , founder and CEO of Boost Payment Solutions , said commercial card programs are now coming to the forefront of AP departments’ priority lists when delaying payments is no longer the most viable, or effective, cash management option. Optimizing Card Spend. “We’re seeing a lot more of that mentality.”

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Commercial Cards: It’s All About The Data

PYMNTS

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. A Reconciliation Headache. Commercial card transaction data can quickly become lost in a deluge of unstandardized information.

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Turning Commercial Card Credit Lines Into SMB Cash Flow Lifelines

PYMNTS

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.

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Today In Digital-First Banking: Dave Inc. Gets New Marketing Exec; Payroll Firm Gusto Launches Gusto Wallet

PYMNTS

Plus, Boost Payment Solutions is collaborating with Visa to provide further automation and flexibility to commercial card issuers, cardholders and suppliers. Boost Partners With Visa To Enhance Commercial Card Use. In today’s top news in digital-first banking, banking startup Dave Inc.

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Setldpay Partners With Tribe for Issuer Processing

Fintech Finance

SetldPay provides solutions for any kind of prepaid card program including gift cards, fuel cards, travel & FX, B2B and commercial cards. A key USP for SetldPay is their automated funds flow that allows just-in-time funding to minimise pre-funding requirements and massively simplify reconciliation.

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JPMorgan To Issue Virtual Cards In Coupa Pay

PYMNTS

The card number is automatically generated once the PO is approved, with payment only made for the designated supplier and amount. The Coupa Pay solution also includes automated reconciliation with the initial purchase order, the companies noted in the press release. JPMorgan is the second card issuer to join the Coupa Pay solution.