Payments Source

NOVEMBER 13, 2019

With a growing number of banks adopting digital technology to move B2B commercial cards into mobile wallets, JPMorgan is collaborating with Boost Payment Solutions to automate the delivery of single-use and commercial card accounts to clients.

Commercial Card 84

Commercial Card B2B Payments Automation 84

PYMNTS

DECEMBER 16, 2020

EnKash , a digital platform and payment solution provider, has entered into an alliance with Mastercard to expand the usage and acceptance of commercial cards in India and provide a B2B digital payment automation platform, according to a press release. Suppliers will have improved cash flows.

Commercial Card 92

Commercial Card Visa Reconciliation B2B 92

PYMNTS

JULY 10, 2020

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.

Commercial Card 80

Commercial Card Credit Limit Issuers Cross-Border 80

PYMNTS

NOVEMBER 26, 2018

Adoption of commercial cards in B2B payments has emerged as one of the hottest industry topics of the year thanks to new FinTech innovations and industry leaders like Visa and Mastercard making a push further into the market. These are optimistic observations for an industry where commercial cards have struggled to get off the ground.

Commercial Card 68

Commercial Card B2B Small Business Push-to-Card 68

PYMNTS

OCTOBER 1, 2020

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.

Commercial Card 74

Commercial Card Card Issuer Enrollments B2B 74

PYMNTS

NOVEMBER 9, 2020

But companies large and small are still making purchases, and with the pandemic fueling the need for contactless payments, commercial card technology adoption is on the rise. With commercial card adoption growing even before the pandemic, an increasing number of T&E technology firms began to step into the world of card issuing.

Commercial Card 81

Commercial Card Contactless Payments Issuers Card Issuer 81

PYMNTS

NOVEMBER 30, 2018

Expense management company DiviPay is rolling out what it says is Australia’s first Mastercard virtual commercial card for corporate payers, and the first solution in the country that combines payments with expense management automation.

Commercial Card 86

Commercial Card Visa Payer Automation 86

PYMNTS

FEBRUARY 27, 2019

Supreme Court ruling in favor of the card networks during a case in 2017, and with Australia in the midst of pondering either swipe fee limits or an outright ban. However, missing from much of this regulatory debate is the issue of interchange fees on commercial cards. ” The Commercial Card Debate.

Commercial Card 70

Commercial Card Caps Regulations Card Issuer 70

PYMNTS

JUNE 17, 2020

At least, that’s what commercial card technology players believe, with this week’s rundown of the latest initiatives in corporate card solutions placing a focus on returning business trip volume. The card is compatible with Apple Pay and other wallets as well, reports in Verdict.co.uk

Commercial Card 67

Commercial Card Returns Debit Card Reconciliation 67

PYMNTS

DECEMBER 21, 2020

Consumers around the world have become intimately familiar with the “card-not-present” method of payment. Now businesses in Asia have an option to embrace “card not needed” as the pandemic continues to accelerate business models. That option, which extends to commercial cards , is being presented by Singapore-based CardUp.

Commercial Card 70

Commercial Card Cross-Border Payments Cross-Border B2B 70

PYMNTS

JULY 16, 2020

Commercial card innovation continues to make big waves in the accounts payable (AP) department, as corporates and card issuers alike explore new ways to drive business spend on cards beyond business trips or ad-hoc purchases. American Express commercial cards have been a staple for many corporates over the years.

Commercial Card 64

Commercial Card Payment APIs and Integration Value Added Service B2B 64

PYMNTS

NOVEMBER 18, 2020

The suite of Mastercard payment solutions aims to enable businesses to save time, reduce costs and manage business expenses in more streamlined ways, with corporate clients able to further access Mastercard's In Control for Commercial Payments , a platform that helps companies add end-to-end virtual payments for an enhanced user experience.

Commercial Card 75

Commercial Card Visa B2B Reconciliation 75

PYMNTS

FEBRUARY 4, 2020

Leavitt, founder and CEO of Boost Payment Solutions , this is among the largest priorities for today’s accounts receivable departments, and commercial cards are stepping up to meet that demand. The drive for payment information is a key factor behind suppliers’ gradual path toward commercial card acceptance.

Commercial Card 61

Commercial Card Lockbox Reconciliation ACH 61

Finextra

APRIL 15, 2024

Lloyds Bank Appoints New Head, Linda Weston, as Head of Commercial Cards. Starting in June, Linda will be based in London and report into Chris Loring, Managing Director, Lending & Working Capital.

Commercial Card 59

Commercial Card 59

PYMNTS

FEBRUARY 26, 2020

As more financial service providers explore how to capitalize on corporates’ growing adoption of commercial cards, firms are looking at the card as a way to round out their products and services with a more holistic offering. Below, PYMNTS takes a look at the latest in commercial card innovation.

Commercial Card 60

Commercial Card B2B Small Business Mitigation 60

PYMNTS

DECEMBER 17, 2020

Commercial card adoption is on the rise as B2B buyers embrace the opportunity to take advantage of working capital float and even open up new revenue streams through rewards programs. Overcoming the Anti-Card Bias. This creates an "immediate bias against cards," Leavitt said, but one that isn't necessarily rooted in reality.

Commercial Card 67

Commercial Card B2B Payment Solutions On-Demand 67

PYMNTS

JULY 9, 2020

With commercial credit cards historically viewed as a payment vehicle for businesses to make one-off purchases for the office or while on a business trip, the small business credit card has yet to catch up to adoption volumes seen by other payment methods like direct bank transfers in the B2B payments space.

Commercial Card 56

Commercial Card Small Business Credit Cards Push-to-Card 56

PYMNTS

NOVEMBER 20, 2020

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. PayPal Ventures Invests $11.9M

Commercial Card 78

Commercial Card B2B PayPal NOV 78

Finovate

JUNE 20, 2024

Photo by April Pethybridge on Unsplash The post Commerzbank Adds Commercial Card Capabilities from Pliant appeared first on Finovate. Last year, Pliant acquired business financial management platform Friday Finance for an undisclosed amount.

Commercial Card 59

Commercial Card Credit Cards PayPal Small Business 59

Payments Source

DECEMBER 6, 2020

Banks trudging along slowly with digital advancements are getting a push from virtual card technology providers touting the concept of mass distribution for commercial card issuers.

Card Issuer 157

Card Issuer Continuity Commercial Card B2B 157

Payments Dive

JULY 21, 2023

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

Commercial Card 147

Commercial Card Volume Card Services 147

PYMNTS

NOVEMBER 19, 2020

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.

Payments Tools 124

Payments Tools Commercial Card Payments Digital Payments 124

PYMNTS

MAY 13, 2020

EedenBull , a Norwegian FinTech, has rolled out its new commercial card platform to banks to take advantage of better B2B payment capabilities, according to a press release.

Commercial Card 58

Commercial Card B2B Legal Small Business 58

The Nilson Report

MAY 2, 2024

The post Marqeta Partners with OakNorth to Offer Commercial Cards in the UK appeared first on Nilson Report.

Commercial Card 52

Commercial Card Posting 52

Fintech Finance

JUNE 6, 2024

Enfuce is launching a new, virtual commercial card programme for Síminn Pay, equipped with a CO2 calculator by climate action platform Deedster , to help its commercial clients reduce their carbon footprints. While this programme is newly launched, the partnership between Enfuce and Síminn Pay has already proven successful.

Commercial Card 52

Commercial Card Innovation Credit Cards Facilitators 52

The Paypers

SEPTEMBER 15, 2023

India-based IndusInd Bank has launched Virtual Commercial Card, a credit card that aims to redefine cross-border transactions.

Commercial Card 45

Commercial Card Cross-Border Credit Cards Transactions 45

Finovate

JANUARY 29, 2024

Photo by Tiger Lily The post Marqeta and Torpago Partner to Launch Sunwest Bank’s Commercial Card Program appeared first on Finovate. Headquartered in Sandy, Utah, Sunwest and has offices in California, Arizona, Idaho, Utah, and Florida.

Commercial Card 59

Commercial Card Payment APIs and Integration Credit Cards API 59

Finextra

APRIL 18, 2024

HSBC Australia and Westpac have signed on as the first banks to offer a new Mastercard app that enables virtual commercial cards to be added to digital wallets.

Visa 118

Visa Commercial Card 118

Payments Dive

JANUARY 8, 2024

From rebates to rewards, CFOs can maximize cash flow by making every dollar work for them.

Commercial Card 78

Commercial Card 78

Fintech Finance

OCTOBER 2, 2024

Cardlay , a pioneering Danish fintech company, and Visa , a global leader in digital payments, are excited to announce a collaboration aimed at setting new standards for fast and efficient spend management for commercial cards issuers and their clients.

Commercial Card 97

Commercial Card Card Issuer Issuers Embedded Finance 97

The Paypers

SEPTEMBER 13, 2024

Boost Payment Solutions has introduced Boost 100XB, a cross-border payment solution tailored for US-issued commercial cards.

Cross-Border 41

Cross-Border Commercial Card Cross-Border Payments Payment Solutions 41

PYMNTS

DECEMBER 16, 2020

As FinTechs and other financial service providers drive commercial card adoption, virtual card technology becomes an increasingly popular focus of innovation initiatives, particularly as corporates demand solutions to support a remote workforce. Tipalti Enhances Corporate Card Adoption In AP.

Innovation 114

Innovation Commercial Card Debit Card Cross-Border Payments 114

PYMNTS

JANUARY 6, 2021

With businesses large and small increasingly turning their attention toward recovery efforts, the commercial credit card market is exploring ways to help their corporate card holders. Commercial Card, Global Commercial Services, Courtney Kelso in a statement. Hub-Suite Touts Card Perks For Corporates.

Commercial Card 102

Commercial Card Small Business Credit Cards B2B 102

PYMNTS

OCTOBER 26, 2018

Corporates across the Asia Pacific region are increasing their use of commercial card products, according to a new report from Citi. Businesses increased their spend on commercial cards by 24 percent in 2017, Citi’s analysis found. Reports in The Asset on Thursday (Oct. Reports in The Asset on Thursday (Oct.

ACH 79

ACH Commercial Card Correspondent Treasury 79

PYMNTS

JUNE 29, 2020

“With Mastercard’s leading advisory experience, sophisticated commercial solutions and wide network of customers and partners, we will be able to help EedenBull thrive in this market of significant opportunities,” said Yunsok Chang , a Mastercard executive vice president, in a statement.

Visa 99

Visa Commercial Card B2B FinTech 99

Fintech Finance

APRIL 24, 2024

Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world’s innovators, today announced a partnership with OakNorth , the digital bank for entrepreneurs, by entrepreneurs, to offer a commercial card for OakNorth’s Business Banking customers.

Commercial Card 52

Commercial Card Embedded Finance Underserved Deposit Account 52

PYMNTS

SEPTEMBER 5, 2019

Commercial and consumer cards issued in the U.S. Commercial card spending is up 11.7 percent, compared to consumer card spending, which grew by 10.1 Commercial card spending was $1.39 Consumer card spending was $4.74 Visa ’s commercial card was 43.2 generated $6.13

Commercial Card 75

Commercial Card Cross-Border Visa Issuers 75