Remove Cash Management Remove Commercial Card Remove Finance
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The Economic – And Ergonomic – Value Of Commercial Card Optimization

PYMNTS

But as businesses hold onto their cash in preparation for more disruption ahead, an increasing number of firms are also taking a closer look at a different AP strategy that can support working capital needs without creating cash flow issues for valued suppliers. Optimizing Card Spend.

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Spend Controls Fuel Commercial Card Innovation

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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.

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Rounding Out SME Cash Management Offerings

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Just look at SAP Ariba , which integrated PrimeRevenue’s supply chain financing into its spend management platform, or Reckon , a small business accounting platform that recently rolled out an SME lending feature thanks to Prospa. Less common, however, is an SME financing solution that integrates into a commercial card offering.

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India’s ICICI Offers First Contactless Commercial Card

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Indian airliner Jet Airways is teaming up to bring SMEs in the nation a commercial card solution, a move reports said will bring India its first contactless business card. Reports on Thursday (May 12) said ICICI Bank will collaborate with Jet Airways to launch the Jet Airways ICICI Bank Business Advantage Card.

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Rising Credit Card Use In UK Could Mean The End For ‘Petty Cash’

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Contactless transactions using commercial credit cards surged nearly a fifth higher in 2019 than they had been prior, according to the U.K. All card payments, including both debit and credit, were up 20 percent, according to Yahoo Finance UK on Thursday (Feb. subsidiary of HSBC, rising 24 percent.

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An Unlikely Leader In B2B ePayments: Professional Baseball

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Electronic payments and FinTech can help businesses across the board improve time and cash management, but each industry is different in the types of solutions they need and the progress with which they adopt more sophisticated tools. The CFO pointed to the time commitment associated with overhauling payments and finance processes.

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Mastercard, Strands Partner On AI-Powered SMB Banking Platform For Banks

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Mastercard and EU FinTech Strands are collaborating on a cash management and corporate payments platform for banks, designed to address small business (SMB) needs. AI and machine learning technology will be able to help predict cash flow, expenses and balances. . Banks largely agreed with that sentiment, too, the company found.

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