PYMNTS

SEPTEMBER 2, 2020

From flexible repayment plans for cash flow management to sustainability programs that offset carbon emissions from fleet vehicles, the commercial card is versatile in this week's innovation roundup. American Express is expanding its Pay Over Time offering on credit card bills to business cardholders in the U.S.,

Innovation 60

Innovation Push-to-Card Commercial Card Debit Card 60

PYMNTS

DECEMBER 20, 2018

Growth in the commercial card industry is being driven by more than the push for supplier acceptance in accounts receivable. An example of the conjunction of commercial card innovation and shifting corporate payment trends can be found in the evolving workforce.

Commercial Card 57

Commercial Card Payment APIs and Integration Push-to-Card Adjustments 57

PYMNTS

SEPTEMBER 22, 2020

In the absence of corporate travel and entertainment, as the road warriors stay (and work) at home, it may make sense that commercial card use would see a pause in the B2B space. But we’ve focused on finding new areas of spend for buyers to utilize their cards,” Leavitt noted. “But

B2B 53

B2B Commercial Card Push-to-Card Payments 53

PYMNTS

NOVEMBER 20, 2018

With payment bigwigs like Visa , Mastercard and American Express pushing further into the B2B payments space, commercial card adoption is being driven by more than growth in the number of card products available. “It streamlines payments and ease of paying by card,” Weiss told PYMNTS in an interview.

Commercial Card 47

Commercial Card Risk Push-to-Card Reconciliation 47

PYMNTS

APRIL 20, 2016

With suppliers pushing aside some more monotonous tasks to computers and robots, they have more time to focus on the business itself and relationships with corporate buyers. Payment rails, Tchakarov explained, can play an integral part in supporting suppliers’ push for automation and their refocus on expansion.

Commercial Card 40

Commercial Card ACH Push-to-Card Same Day ACH 40

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. But innovators in the space press on. “We’ll be in other continents by the end of the year.”

Commercial Card 48

Commercial Card Push-to-Card Card Issuer Innovation 48

PYMNTS

DECEMBER 12, 2018

“But it’s about how to get the right payment — and sometimes, we know vendors will never take card.” “But it’s about how to get the right payment — and sometimes, we know vendors will never take card.” Businesses can pay using their cards, while suppliers can still receive payments via check or ACH.

Commercial Card 56

Commercial Card ACH B2B Checks 56

PYMNTS

OCTOBER 18, 2019

American Express is introducing a suite of new commercial card products targeted at startups and entrepreneurs in a move that is aimed at competing with industry newcomers like Brex, Bloomberg reports said on Thursday (Oct. “It’s a new data source and a new lens on underwriting,” Marrs told the publication.

Commercial Card 43

Commercial Card Push-to-Card Card Issuer B2B 43

PYMNTS

AUGUST 3, 2017

Accounts payable company MineralTree just gave a big show of support for commercial cards when it announced this week it is partnering with American Express (Amex) to offer companies an integrated platform to support supplier payments via virtual commercial card. But the hurdle of card adoption persists.

Cash Management 43

Cash Management Commercial Card Push-to-Card B2B 43

PYMNTS

DECEMBER 20, 2018

While a stubborn reluctance among businesses to let go of manual processes in accounts payable and accounts receivable continues to hold the industry back, it doesn’t provide the whole story of why electronic B2B payments adoption still struggles to get off the ground. Myth #1: Buyers Always Decide.

B2B 65

B2B Push-to-Card Payments Checks 65

PYMNTS

AUGUST 12, 2020

based B2B payment solution provider that expanded into North America this year with its prepaid commercial card tools. Speaking with PYMNTS, Managing Director of North America Kieran Draper said employee expense management and contractor payouts have become a valuable niche for the corporate prepaid card.

B2B 67

B2B Push-to-Card Direct Deposit Payments 67

PYMNTS

DECEMBER 24, 2020

Financial wellness and budgeting is and will continue to be the way young people pay for things.”. Financial wellness and budgeting is and will continue to be the way young people pay for things.”. Contactless payment methods were always in the wings for credit card companies, but the pandemic pushed them front and center.

RTP 104

RTP BNPL Real Time Payments Online and Mobile Banking 104

PYMNTS

MARCH 28, 2017

Adoption of virtual cards in B2B payments is gradually increasing as companies take to the greater security and convenience of the tool. Today (March 28), B2B payments and invoicing platform Viewpost announced a partnership with Visa to allow businesses using the portal to pay suppliers with virtual cards. The reason?

Push-to-Card 51

Push-to-Card B2B Payments Commercial Card 51

PYMNTS

JUNE 19, 2018

credit card market is massive. North America accounts for about 60 percent of the global card market, according to analysis from ResearchAndMarkets.com released earlier this year, while the American Banking Association found in April that about 70 percent of Americans have at least one credit card. “We [the U.S.]

Commercial Card 40

Commercial Card Data Breach Credit Cards B2B 40

Tearsheet

OCTOBER 2, 2024

This collaboration has resulted in the launch of Codat’s new Supplier Enablement API product, designed to increase virtual card usage, with J.P. Morgan as an early adopter for its B2B virtual card offering. Change isn’t easy and shifting to digital payments methods, like virtual card, is no exception.

B2B 59

B2B Checks Payment APIs and Integration Push-to-Card 59

PYMNTS

JUNE 22, 2018

Instead, startups in the payments processing, commercial card and cybersecurity market landed the top rounds of the week — with one company securing a $3 billion valuation with its massive investment. Drip Capital. Though the firm is headquartered in the U.S., Drip said it will use the funds raised to scale up and enter new markets.

Cybersecurity 52

Cybersecurity B2B Payment APIs and Integration Commercial Card 52

PYMNTS

OCTOBER 18, 2019

Card member spending, higher net interest income and card fees combined to produce an 11 percent year-over-year revenue gain for the Global Consumer Services Group of American Express in the third quarter of 2019. Revenue for that unit hit $6 billion, the company said in its latest financial report , released Friday (Oct.

Push-to-Card 40

Push-to-Card Commercial Card Card Issuer Credit Cards 40

PYMNTS

FEBRUARY 19, 2018

The newest PYMNTS eBook is full of expert insight into the future of B2B payments, from commercial cards to accounts receivable. That means continuing to break away from paper checks, which, the executive noted, still make up about half of B2B transactions, according to the Association for Financial Professionals.

B2B 40

B2B B2C Push-to-Card Commercial Card 40

PYMNTS

JULY 24, 2017

Muted corporate spend tempered American Express’ performance in its commercial card segment, and regulatory uncertainty is on the radar for Fifth Third Bancorp. So how did the credit card giant do in the commercial card area? Costco card products, bought by Citi last year. Fifth Third Bancorp.

B2B 46

B2B Push-to-Card Commercial Card Non-Bank 46

PYMNTS

DECEMBER 5, 2018

Coupa also launched CoupaPay , a major push in the B2B payments arena that links corporate customers to payments and financing functions, as well as a Barclaycard collaboration to integrate virtual commercial card capabilities in its platform. “We million for Q3, the highlight of its earnings report. Net losses hit $9.6

Push-to-Card 43

Push-to-Card Commercial Card B2B Continuity 43

PYMNTS

MAY 12, 2016

Kramer told PYMNTS why Ergo Works jumped at the opportunity to join another B2B eMarketplace like Spot Buy and how a certain breed of supplier needs to remain agile as the line between B2B and consumer eCommerce continues to blur. Kramer noted that accepting credit cards is one way to adhere to changing procurement habits. “If

On-Demand 40

On-Demand Commercial Card B2B Push-to-Card 40

PYMNTS

JULY 20, 2018

“Interest in smartwatches continues to grow, and Apple is well-positioned to capture demand,” said Ramon Llamas, head of wearable research for IDC. American Express, Mastercard and Visa have all enabled their commercial cards to work with Fitbit Ionic, and Mastercard and Visa have enabled theirs for the Vivoactive 3 smartwatch.

Commercial Card 45

Commercial Card Push-to-Card Visa On-Demand 45

PYMNTS

JUNE 12, 2017

From shifting use of various payment rails like ACH and cards, to deployment of FinTech technologies, to changing supplier payment habits, the report offers a glimpse at the current state of B2B payments – and where the industry may be headed. But how businesses reshape their payment practices varies. Globalization. Payments Rails.

Payer 60

Payer ACH FinTech Push-to-Card 60

PYMNTS

JANUARY 17, 2020

” Perhaps the most obvious reflection of this challenge can be seen in the commercial card space. Accounts payable (AP) automation technology has hit the ground running, with solutions designed to accelerate invoice processing, optimize payment strategies and promote digital adoption. ” Finding A Middle Ground. The result?

Faster Payments 61

Faster Payments B2B Small Business Venmo 61

PYMNTS

SEPTEMBER 23, 2019

As businesses continue this shift, it is no longer safe to assume that corporates are not interested in faster payments. Corporates have growing expectations for faster, more efficient and more secure B2B payments — whether their money is moving from one business unit to another or one country to another. Payments Speed and Security.

B2B 49

B2B ISO 20022 Payment APIs and Integration ISOs 49

PYMNTS

JUNE 29, 2016

Cuba relations hit another mini milestone following President Obama’s visit to the island in March, marking the first time in decades a sitting president had done so and pushing the U.S. bank to issue cards that work in Cuba. . The biggest area Seleski said he anticipates commercial card usage is in the hotel industry.

Commercial Card 40

Commercial Card Push-to-Card Cross-Border Credit Cards 40

PYMNTS

SEPTEMBER 6, 2017

The issue, he recently explained to PYMNTS, is travelers spend corporate cash to book travel and then request reimbursements after-the-fact, meaning CFOs and accountants can’t retroactively push for employees to spend less. Corporate spend on business trips is headed towards $1.6 The figure represents a 5.6

Push-to-Card 52

Push-to-Card Credit Cards Small Business Product 52

PYMNTS

MARCH 16, 2018

American Express Canada and Conferma announced a partnership this week to continue their push of virtual card technology in the corporate travel market. Virtual cards generated by American Express are specific to one travel reservation, the companies noted. “At

Push-to-Card 40

Push-to-Card Automation Payments Data Continuity 40

PYMNTS

DECEMBER 6, 2017

Emerging technologies such as RTP are creating opportunities for banks and clients to reimagine our business models,” he continued. “At In another statement, The Clearing House SVP of Product and Strategy Steve Ledford said services like Fusion Payments are key to pushing adoption of real-time payment technologies.

Real Time Payments 40

Real Time Payments Payment Networks RTP RFP 40

PYMNTS

JUNE 22, 2020

Digital tools also offer real-time visibility into corporate cash flows, which can be especially helpful as businesses strategize to address a rapidly changing economic situation, Brad Garfield , head of product for commercial cards and comprehensive payables in global transaction services for Bank of America , recently explained to PYMNTS.

Automation 56

Automation Push-to-Card FinTech Process 56

PYMNTS

FEBRUARY 26, 2019

Migrating from a manual T&E program — traditionally involving employees using their personal cards, filing an expense report, submitting receipts and requiring administrators to conduct a lot of number-crunching — to a process that promotes control and transparency can deliver immense value to companies of all sizes and types.

Best Practices 46

Best Practices Push-to-Card Commercial Card Automation 46

PYMNTS

JUNE 29, 2018

“It is interesting that in a healthy, growing economy, bad debt continues to plague the B2B markets,” said David Huey, president and regional director of U.S., “It is interesting that in a healthy, growing economy, bad debt continues to plague the B2B markets,” said David Huey, president and regional director of U.S.,

B2B 49

B2B Push-to-Card Research Commercial Card 49

PYMNTS

JUNE 21, 2018

Nvoicepay has been working with Mastercard for several years by integrating its InControl for Commercial Payments solution, linking corporate customers with Mastercard virtual card solutions. We are excited to serve Mastercard partner banks and leverage Mastercard’s industry-leading virtual card platform.”.

Visa 46

Visa B2B Push-to-Card Payroll 46

PYMNTS

JUNE 2, 2020

We’re busier than ever with turning on these products and services that we’ve been trying to push,” Carrera said. “We’re We’re busier than ever with turning on these products and services that we’ve been trying to push,” Carrera said. Dusting Off What’s On The Shelf.

Digital Payments 53

Digital Payments Online and Mobile Banking Payments Push-to-Card 53

PYMNTS

AUGUST 14, 2019

In the world of small business financial services, entrepreneurs’ frustrations with banking have been loudly vocalized : firms are often considered too small to be profitable for banks’ corporate services units and are therefore pushed into an FI’s consumer banking operations.

Consumer 48

Consumer Small Business Push-to-Card FDIC 48

The Fintech Times

FEBRUARY 28, 2024

“Not only that, but these payment methods also continue to be the fastest growing with forecasted rates of 12 per cent and 15 per cent CAGR for ecom and POS. “Not only that, but these payment methods also continue to be the fastest growing with forecasted rates of 12 per cent and 15 per cent CAGR for ecom and POS.

Payment Solutions 59

Payment Solutions BNPL Payment APIs and Integration Payments 59

PYMNTS

NOVEMBER 21, 2017

The B2B payments industry continues its push to break businesses’ habit of using paper checks, but players are divided on what payment rail should take their place. In Karmic Labs’ latest white paper , “Prepaid Expense Cards: Helping Small Businesses Solve Cash Flow Dilemmas,” researchers surveyed U.S.-based

Visa 43

Visa B2B Credit Cards Small Business 43