PYMNTS

FEBRUARY 20, 2020

In fast-growth small businesses, the focus is on expanding the top line — not tackling the paper chase in the back office. Yet, without the resources to invest in finance teams, many firms simply maintain the status quo of unaudited spend, the end result being a lot of wasted spend. ” The Biggest Culprits Of Waste.

Commercial Card 56

Commercial Card Duplicate Underwriting Transactions 56

PYMNTS

JULY 8, 2020

With commercial cards an increasingly popular choice in the B2B payments space, industry innovators are exploring pockets of opportunity to drive adoption through mitigating friction. For others, commercial card innovation comes in the form of overcoming the adoption hurdle of a lack of supplier acceptance.

Commercial Card 52

Commercial Card Finance B2B Small Business 52

PYMNTS

OCTOBER 26, 2018

Moving over to Hong Kong, Neat is a startup that provides SMBs with financial services like commercial cards and banking tools. million in Series A funding, Futrli landed support from e.ventures, Notion Capital and firstminute Capital for its small business forecasting and reporting solutions. Nisa Finance.

Small Business 77

Small Business Cross-Border Cross-Border Payments FinTech 77

PYMNTS

NOVEMBER 5, 2018

With the new research finding opportunity for wire to disrupt checks’ hold on accounts payable, and millennial entrepreneurs shying away from business credit card products, the latest data signals changes ahead for the way small business owners pick their payment rails.

Small Business 68

Small Business Same Day ACH Wire Transfer NACHA 68

PYMNTS

SEPTEMBER 5, 2016

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.

Commercial Card 40

Commercial Card Regulations Caps Small Business 40

PYMNTS

JUNE 26, 2020

Small business lending emerged as a common theme in this week’s B2B venture capital roundup, and it’s no surprise, considering the role small and medium-sized businesses (SMBs) play in supporting their local economies. Aye Finance. Based in France, Memo Bank announced a $22.5 Pipe Technologies.

B2B 115

B2B Finance Small Business Underwriting 115

Finovate

APRIL 16, 2024

Small business banking platform Rapid Finance is launching a Rapid Access Mastercard , a prepaid card through which small businesses can access their line of credit. Rapid Finance’s card program is the first program sponsored by SoFi Bank.

Small Business 52

Small Business Visa Commercial Card Finance 52

PYMNTS

MAY 13, 2016

Indian airliner Jet Airways is teaming up to bring SMEs in the nation a commercial card solution, a move reports said will bring India its first contactless business card. Reports on Thursday (May 12) said ICICI Bank will collaborate with Jet Airways to launch the Jet Airways ICICI Bank Business Advantage Card.

Commercial Card 40

Commercial Card Cash Management Credit Cards Small Business 40

PYMNTS

OCTOBER 14, 2016

American Express is a top player in the commercial card space but is perhaps best known in the B2B space as a provider of solutions for larger corporates. The credit card giant has teamed up with a familiar face in the SME FinServ industry, however, to heighten its presence among smaller firms. Reports on Thursday (Oct.

Finance 74

Finance Commercial Card Small Business B2B 74

Fintech Finance

SEPTEMBER 27, 2024

Through PayMate’s cutting-edge B2B payment platform, SMEs can now use commercial cards enjoying an interest-free period up to 55 days [1] *. This allows SMEs, mid-market and large businesses to make payments to all their B2B suppliers, offering a seamless and secure solution that fosters business growth.

B2B 98

B2B SDN Payments Commercial Card 98

PYMNTS

APRIL 10, 2019

Bank of America is making changes to its cash-back small business credit card, reports in NerdWallet said this week. The biggest change to the bank’s Business Advantage Cash Rewards Mastercard small business credit card is a lower cap on bonus rewards.

Small Business 46

Small Business Adjustments Credit Cards Caps 46

Fintech Finance

JULY 23, 2024

Often, small businesses struggle with low liquidity and barriers to some financial services , causing payment issues for companies. This alliance will give them more access and availability to funds through the benefits of integrated finance.

Payment Solutions 52

Payment Solutions Embedded Finance Commercial Card Payments 52

PYMNTS

APRIL 2, 2020

With cash flow constraints dominating the headlines, financial service providers are introducing a slew of new products and services to help small businesses strengthen their financial standings amid the coronavirus crisis. PYMNTS rounds up the latest in commercial card innovation below.

Commercial Card 65

Commercial Card Small Business Debit Card Credit Cards 65

PYMNTS

MARCH 25, 2016

In an announcement made Thursday (March 24), the bank revealed the rollout of its Deposit Express mobile app, geared specifically for small businesses and employees collecting paper checks while out in the field. Deposit Express is specifically tailored to meet the needs of small businesses. Bank has rolled out this year.

Small Business 40

Small Business Checks Online and Mobile Banking Treasury Management 40

Fintech Finance

MAY 29, 2024

NatWest has extended access to Business Savings from Mastercard to business debit card customers. Business Savings is a merchant discount programme provided by Mastercard which gives small business customers access to merchant offers when paying with an eligible Business Mastercard at merchants participating in the programme.

Visa 52

Visa Debit Card Enrollments Small Business 52

PYMNTS

JULY 2, 2020

With the pandemic nudging businesses further into the digital payments realm, commercial card innovation is heating up to capitalize on the opportunity for adoption. Boost Bolsters BMO Harris Bank’s Biz Cards. Capital on Tap wields the commercial card to connect small and medium-sized businesses (SMBs) to financing.

Payroll 83

Payroll Commercial Card Legal Facilitators 83

PYMNTS

APRIL 7, 2020

Our ambition has always been to find the best possible solution for businesses to address their need for supply chain financing,” Billhop CEO Sebastian Andreescu said per reports. This collaboration provides small businesses with all of these benefits, as well as a practical cash flow management tool.”.

Commercial Card 58

Commercial Card Debit Card Payments Small Business 58

PYMNTS

OCTOBER 10, 2016

Just look at SAP Ariba , which integrated PrimeRevenue’s supply chain financing into its spend management platform, or Reckon , a small business accounting platform that recently rolled out an SME lending feature thanks to Prospa. The trend puts commercial cards and lenders in competition with each other.

Cash Management 76

Cash Management Commercial Card Small Business Credit Cards 76

PYMNTS

OCTOBER 16, 2019

Small business accounting solution provider ScaleFactor is expanding its product suite to include a commercial card product to support expense management. The tool enables small business owners to issue cards to employees and digital accounts while integrating that spend data into the ScaleFactor platform.

Commercial Card 50

Commercial Card Small Business Accounts Product 50

PYMNTS

JUNE 24, 2020

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.

Commercial Card 52

Commercial Card Innovation Ransomware Credit Cards 52

PYMNTS

NOVEMBER 27, 2017

With another Small Business Saturday in the books, small- and medium-sized businesses (SMBs) are still kept on their toes by the yearly spike in sales this time of year. For many, that means seeking external financing to fund an increase in business.

Finance 49

Finance Small Business Credit Cards Credit Union 49

PYMNTS

APRIL 22, 2020

But when it comes to establishing operations abroad and managing money throughout the globe — whether it be reconciling finances across multinational business units or paying suppliers in foreign currencies — the challenges are vast. ” Exploring Alternatives. ” Easing Payments Friction. ”

Cross-Border 96

Cross-Border Economy Cross-Border Payments Multi-Currency 96

PYMNTS

MAY 22, 2020

While enabling SMBs to navigate the pandemic’s cash flow constraints through access to funds is key, investors showed interest in a variety of financing options, from invoice financing to trade finance to commercial credit cards. Trade finance technology startup CCRManager announced $2.12 CCRManager.

Finance 56

Finance B2B Online and Mobile Banking Participant 56

Fintech Finance

MARCH 20, 2024

The expanded partnership, going into pilot in Q2 FY24/25, with a full launch expected in Q3 FY24/25 (subject to regulatory approval), will offer merchants a market-leading banking and card services proposition combining card payments, a 12-month fee-free Lloyds bank business account and a connected competitive commercial card offering.

Commercial Card 52

Commercial Card Acquirers Agreements Settlement 52

PYMNTS

MARCH 14, 2018

Unnamed sources have told reporters that Amazon is looking to expand its small business (SMB) financing operations via the rollout of a commercial card for SMBs. Amex is the largest issuer for small business cards in the U.S. billion on its card products. and Japan last year.

Commercial Card 47

Commercial Card Small Business Credit Cards Issuers 47

PYMNTS

JANUARY 18, 2017

The alternative finance industry may have emerged as competition to the banks, but today, it’s commonplace for traditional FIs to partner with alt-lenders. For WEX clients, that not only means money to expand businesses but that means a chance to finance the services they buy from WEX, including fleet card solutions. “Our

Small Business 49

Small Business Commercial Card Credit Cards Finance 49

PYMNTS

NOVEMBER 30, 2020

Today in B2B payments, Visa teams up with Razorpay to debut a small business commercial card solution, while Nets is working with Yoba Smart Money to develop small business payment tools. Razorpay, Visa Team for SMB Corporate Cards.

B2B 64

B2B Cross-Border Liquidity Management Small Business 64

The Fintech Times

SEPTEMBER 26, 2024

Nexi will use the funds to modernise digital payments and finance projects developed by Nexi Digital, its technological innovation hub. DigiAsia provides embedded finance APIs for SMEs in emerging markets. The European Investment Bank (EIB) is providing €220million to Nexi Group to support innovation in digital payments across Europe.

FinTech 64

FinTech Payment APIs and Integration Fraud Detection Fraud Prevention 64

PYMNTS

AUGUST 6, 2019

India will see its first small business credit card product, according to EnKash , which announced the roll-out of its commercial card tool on Monday (Aug. Dubbed the Freedom Card , the solution has operated in beta phase for the last few weeks, reports in IndianWeb2 said.

Credit Cards 43

Credit Cards Commercial Card B2B Underserved 43

PYMNTS

DECEMBER 4, 2018

American Express is also enticing its business card members to shop with Dell via its “Shop Dell with Business Platinum” benefit, allowing payers up to $200 in statement credits a year when they make purchases from Dell.

Commercial Card 49

Commercial Card Payer Small Business On-Demand 49

PYMNTS

APRIL 6, 2018

In a press release sent to PYMNTS on Thursday (April 5), FairFX said its eMoney license and status as a principal member of Mastercard enables the company to self-issue cards to its corporate customers. FairFX first announced last December that it secured approval to issue Mastercard-branded cards across Europe for its corporate customers.

Visa 40

Visa Finance Cross-Border Payments Cross-Border 40

PYMNTS

JUNE 20, 2019

UBS Bank USA is rolling out a new suite of commercial card products for its small business (SMB) customers, according to Bankrate reports this week. Designing a commercial card for these users is part of the bank’s effort to help business owners keep personal and business finances separate.

Cross-Border 40

Cross-Border Commercial Card Small Business Settlement 40

PYMNTS

JANUARY 12, 2021

Today in B2B payments, some small businesses received less than $99 in Paycheck Protection Program (PPP) loans, and U.S. Plus, Pilot Company collaborates on fleet factoring, Revolution Payments launches Level III commercial card processing and Porter Capital launches new PPP funding tools.

B2B 61

B2B Commercial Card Credit Cards Small Business 61

PYMNTS

OCTOBER 18, 2016

American Express is a leader in the commercial card world but typically holds a reputation for servicing high-spending corporates. Now, the company is looking to take market share away from its main rivals by enticing SMEs to use its cards. Reports by Bloomberg Monday (Oct. But American Express has its competition cut out.

Commercial Card 53

Commercial Card Small Business Cross-Border Advisors 53

PYMNTS

OCTOBER 4, 2019

In addition to the expanded services for SMBs, Payoneer also announced a partnership with commercial card startup Brex to facilitate international business payments to contractors. These new capabilities and partnerships fuel our mission to empower businesses to grow,” said Payoneer VP, Regional Head of Americas Iain McNicoll.

Cross-Border 60

Cross-Border Cross-Border Payments Commercial Card B2B 60

PYMNTS

FEBRUARY 19, 2020

suggests businesses could be following suit. Analysis of contactless card transactions revealed that the volume of commercial card contactless payments, both debit and credit, jumped 24 percent between 2018 and 2019. At the same time, commercial credit cards’ cash advances dropped 14 percent last year.

Commercial Card 52

Commercial Card Credit Cards Point-of-Sale (POS) Small Business 52

PYMNTS

JANUARY 16, 2020

Prepaid corporate card solution provider Soldo is teaming up with NatWest to connect joint business customers to small business loan solutions. ” Commercial cards continue to be a focus for NatWest. According to reports Thursday (Jan. We’re thrilled to be working with them.”

Small Business 52

Small Business Payer Commercial Card Authorization 52