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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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Busey Bank Taps CorServ to Launch Modern Card Program

Finovate

Busey Bank has selected CorServ to offer a new credit card program for its commercial clients. Busey Bank is giving up its Agent Bank program in favor of CorServ’s Account Issuer Program , in which Busey Bank will directly issue credit cards. CorServ has raised a total of $2.1

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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.

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How To Push For eB2B Payments When Vendors Don’t Want Them

PYMNTS

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.

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TSYS Tokenizes Corporate Cards For Mobile Payments

PYMNTS

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.

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UMB Financial Teams Up With Fraedom And Yandex.Checkout Launches Charity Option

PYMNTS

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.

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How The Subscription Boom Can Detail Expense Management

PYMNTS

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.