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The Commercial Card Embraces A Season Of (Major) Change

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For businesses, the world market was thrown into volatility, yet soon, new opportunities emerged. For the corporate card, 2020 has been a season for dramatic shifts in how the payment tool is used and the value it adds to the enterprise. The year 2020 began inconspicuously — but in a few short weeks, everything changed. Winter Blues.

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Commercial Card Innovation Puts SMBs In The Spotlight

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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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Combating Commercial Cards’ Need For The Personal Guarantee

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In fast-growth small businesses, the focus is on expanding the top line — not tackling the paper chase in the back office. “Businesses are at the point where they’re maximizing their key product offering[s], trying to grow revenue and their finance teams are stretched. ” The Biggest Culprits Of Waste.

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Commercial Card Regulations Could Have Aussie SMEs Scrambling

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Changes to commercial card regulations could be tripping up small businesses in Australia, according to reports on Friday (Sept. Now, the Australian Small Business and Family Enterprise Ombudsman Kate Carnell is taking a look at the Reserve Bank’s potential plans. would impact the market.

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Capital On Tap Launches SMB Card With Receipt Bank

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small business lender and commercial card company Capital on Tap is collaborating with accounting software company Receipt Bank to launch the Receipt Bank Card, a commercial card solution for small businesses, according to a press release Monday (July 8).

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Corporate Card Innovators Look Beyond Business Trip Spend

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With corporate travel still on pause, commercial card innovation has taken a different direction. This week’s look at the latest initiatives explores how FinTechs are wielding the corporate card in ways other than business trips, from accessing credit for accounts payable to financing employee lunches.

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PayPal Founders Back Brex?s Corporate Card For Startups

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PayPal Founders Peter Thiel and Max Levchin have participated in a funding round for Brex , a startup that designed a commercial card for startups. “Traditional credit models look at how much a company can pay back in a year based on profits, often disqualifying startups.

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