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Amex corporate client growth ebbs

Payments Dive

commercial card services volume grew 2% in the second quarter, relative to the year-ago period, American Express said in a Friday earnings report.

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Wells Fargo Debuts Digital Supplier Payment Tool

PYMNTS

The financial services giant on Thursday (Nov. 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. Each card payment is then assigned a virtual number tied to a commercial card account.

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Today In B2B: Wells Debuts Virtual Commercial Cards, PayPal Ventures Makes B2B Payments Investment

PYMNTS

Today in B2B payments, Wells Fargo rolls out its virtual card services for B2B payments, while PayPal Ventures makes a B2B payments investment. The financial services giant on Thursday (Nov. Each card payment is then assigned a virtual number tied to a commercial card account. PayPal Ventures Invests $11.9M

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The Competitive Advantage Of Commercial Card Acceptance

PYMNTS

Commercial cards account for only a portion of corporates’ overall spend, as checks stick around and ACH gains ground. However, their market share is on the rise as card issuers develop more robust rewards programs, and the ability to integrate card spend into back-office spend management and analytics platforms.

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Treasurers Keen On Commercial Card Upgrades

PYMNTS

Commercial cards are slowly catching up to consumer cards when it comes to innovation, with some being supported by mobile wallet solutions and others morphing into virtual card solutions for better spend visibility. ”

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U.S. Bank Unifies Global Commercial Card Platforms

PYMNTS

Bank is offering a new service to corporate card managers in need over overseeing company cards around the world. Bank has launched a single platform through which commercial card managers can manage card programs regardless of where those cards are. In bolstering its commercial card services, U.S.

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Corporate Card Players Embrace Collaboration To Drive Value

PYMNTS

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.