Commercial Card Credit Limit Underwriting 
PYMNTS
FEBRUARY 20, 2020
It’s an area of business spend friction that is driving a newfound resurgence in commercial card innovation that the card industry hasn’t seen in decades, with FinTech firms stepping in to take advantage of card transaction data. ” The Biggest Culprits Of Waste. Nixing The Personal Guarantee.
PYMNTS
SEPTEMBER 24, 2018
Commercial card startup Brex is seeking unicorn status with its next funding round, The Wall Street Journal ( WSJ ) reported Friday (Sept. Brex, founded by two Brazilian entrepreneurs, emerged on the market as a FinTech issuing corporate cards to other startups.
PYMNTS
JUNE 25, 2018
With so much money up for grabs, it may come as a surprise that startups often struggle to get approved for a credit card, even after a lucrative funding round. ” Even if balances are paid in full each month, high utilization of credit lines can put downward pressure on personal credit scores, too. ”
PYMNTS
OCTOBER 24, 2019
Commercial cards remain a small, but growing, part of the B2B payments ecosystem, thanks in part to their versatility. SMBs use credit in a variety of ways,” he said, “as end-of-the-month, short-term financing, on a per-transaction basis or as a longer-term financing vehicle.”. Brex Expands Beyond Cards.
PYMNTS
JULY 25, 2017
Bank is offering a new service to corporate card managers in need over overseeing company cards around the world. Bank has launched a single platform through which commercial card managers can manage card programs regardless of where those cards are. In bolstering its commercial card services, U.S.
PYMNTS
OCTOBER 21, 2019
Codat’s joining of the Open Banking Maketplace is targeting a new use-case, enabling banks to connect into accounting data to more quickly and accurately underwrite SMB loans. According to Cordona, accounting data is in a unique position to ease some of the largest challenges of SMB lending. feel like a second job.”.
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