Fintech Finance

MARCH 20, 2024

The expanded partnership, going into pilot in Q2 FY24/25, with a full launch expected in Q3 FY24/25 (subject to regulatory approval), will offer merchants a market-leading banking and card services proposition combining card payments, a 12-month fee-free Lloyds bank business account and a connected competitive commercial card offering.

Commercial Card 52

Commercial Card Acquirers Agreements Settlement 52

PYMNTS

MAY 31, 2017

The company announced Tuesday (May 30) that it is enabling tokenization across its North American commercial card program, allowing businesses to let their own cardholders pay with a mobile device. To do this across all of our U.S. According to TSYS , U.S.

Mobile Payments 45

Mobile Payments Commercial Card Card Issuer Issuers 45

PYMNTS

JANUARY 20, 2021

The corporate card industry continues to dig its heels into adoption efforts with the launch of new products and features designed to elevate the value of the card beyond a mere means of payment. WEX Links MYOB Users To Card Payments. SpendHub Talks Value-Added Corporate Cards.

Commercial Card 78

Commercial Card Value Added Service Facilitators B2B 78

PYMNTS

SEPTEMBER 6, 2018

corporate expense management solutions provider Fraedom , which was recently acquired by Visa , will be providing its commercial card technology to U.S.-based “Our new suite of commercial card services will enable them to achieve enhanced operational efficiencies and help ease customers’ day-to-day needs.”

Commercial Card 40

Commercial Card On-Demand Card Services Acquirers 40

PYMNTS

DECEMBER 12, 2018

This past year, significant investments by credit card giants — including Visa , Mastercard and American Express — have revved up interest for the commercial card opportunity in accounts payable. percent of B2B transactions received by vendors will be via commercial card by the end of the decade.

Commercial Card 56

Commercial Card ACH B2B Checks 56

PYMNTS

SEPTEMBER 5, 2018

is teaming up with UMB Financial Corporation to allow UMB to create a suite of card services such as expense and card management, as well as a mobile app. At the beginning of the partnership, the two firms will move the existing UMB’s commercial card customers from two legacy systems onto Fraedom’s platform.

Commercial Card 40

Commercial Card Online and Mobile Banking Blockchain International Payments 40

PYMNTS

JUNE 1, 2016

MasterCard is eyeing Asia to expand its commercial card services, and in its most recent effort to do so has partnered with CIMB Bank in Malaysia. Reports added that the bank aims to “address and potentially replace” cash and paper checks for companies through this commercial card venture with MasterCard.

Visa 40

Visa Commercial Card Central Bank Checks 40

PYMNTS

OCTOBER 8, 2018

Earlier this year, ANZ announced plans to repay $8 billion to small business customers of its commercial card services, after the Australian Securities and Investment Commission (ASIC) found the bank had failed to properly disclose fees and interest charges. .” ANZ said it also plans to write down $145.8

Commercial Card 51

Commercial Card Regulations Legal Small Business 51

PYMNTS

DECEMBER 19, 2017

Solutions that aim to be proactive often involve a prepaid card, but Bean argues that this tool can be a burden on managers to issue cash upfront without knowing exactly how much an employee will need. The solutions, which include physical and virtual cards, operate on credit, not on loaded prepaid cards.

Commercial Card 63

Commercial Card Credit Cards Small Business Venmo 63

PYMNTS

OCTOBER 13, 2016

When expense management firm Emburse launched only a year ago, the company entered the market with a commercial card service, issuing virtual and physical prepaid debit cards for specific purchases in an effort to help companies more closely manage employee spend.

API 81

API Debit Card Commercial Card On-Demand 81

PYMNTS

SEPTEMBER 17, 2019

“If you look at checks, ACH, wires or card-based payments, we in the industry were heavily focused on delivering solutions for the buy-side, which I think is critical,” Phalen explained. But just as importantly, we have to solve for the supply-side as well.”.

B2B 52

B2B Innovation Payer Cross-Border 52

PYMNTS

DECEMBER 20, 2018

Myth #3: Suppliers Shun Cards Because of Interchange Fees. Clark pointed to the commercial card space as an area with significant opportunity to introduce this kind of flexibility.

B2B 65

B2B Push-to-Card Payments Checks 65

PYMNTS

AUGUST 5, 2020

As B2B FinTechs explore the value of the commercial card, they’re integrating card payment capabilities across more scenarios, from vendor payments to employee expense management. BofA Expands Contactless Biz Card Service. Apple Pay Lands More Commercial Cards. This week the U.K.’s

Commercial Card 63

Commercial Card Online and Mobile Banking Contactless Payments Visa 63

PYMNTS

FEBRUARY 15, 2017

The commercial card space is anything but straightforward. For one, payments innovation has created an explosion in the types of cards businesses can use, from fleet cards to one-time-use virtual cards. “There is substantial untapped potential, given the size of the market. . ”

Commercial Card 48

Commercial Card Push-to-Card Card Issuer Innovation 48