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Commercial Card Innovation Puts SMBs In The Spotlight

PYMNTS

Smaller companies were the focus of innovation in the commercial card space this week thanks to new cards designed for small and medium-sized businesses (SMBs). American Express, Amazon Rollout Card For UK SMBs. Wyndham Unveils Credit Card For Small Business Travelers.

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Commercial Cards A Money Laundering Trap

PYMNTS

13) highlighted a recent trend by organized criminals: the use of commercial cards to launder money across borders. These so-called “transnational organized crime” groups recognize B2B payments via credit card as a potential way to skirt detection from regulators. Reports by InSight Crime on Tuesday (Sept.

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In 2019, Mobilize The Commercial Card: JPMorgan

PYMNTS

While commercial card innovation certainly accelerated in 2018, progress can always continue. Morgan Managing Director and Head of Commercial Card Product Management Naney Pandit says should be a focus this year is in mobilizing the corporate card. One area of development that J.P. Following The Consumer Trend.

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Downgrading Credit Card

Payment Savvy

If you are one of the ten million-plus American businesses with a merchant processing credit card account, the chances are you are aware of an industry term known as interchange. Each new credit card transaction is assigned to what is known as a target interchange category. Interchange Downgrade.

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Turning Commercial Card Credit Lines Into SMB Cash Flow Lifelines

PYMNTS

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.

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Australia Gets First Virtual Commercial Cards Via Mastercard, DiviPay

PYMNTS

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.

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CardUp Introduces Commercial Card Solution In Asia

PYMNTS

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. Ramsay said she believes commercial cards have been underused in Asia.