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

DECEMBER 20, 2016

Mastercard is looking to take a larger share of the B2B payments space in Australia by pushing for companies to pay their suppliers with its products. To do so, the credit card firm announced Monday (Dec. 19) that it will be working with supply chain finance company Octet Finance.

Visa 41

Visa B2B Cross-Border Payments Commercial Card 41

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

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

SEPTEMBER 7, 2017

Rather, she said, payments seem like a simple function: an employee pushes a button and the payment goes out. Sneed said that efforts to manage corporate payments strategically will fall short until organizations can answer this question. Many, however, are not even trying to do so. Indeed, Sneed said, many seem unwilling to do so.

Payments 56

Payments Push-to-Card Commercial Card Process 56

PYMNTS

AUGUST 21, 2019

One way to cut the paper chase is for companies to embrace commercial card products, which can speed payments and aggregate information alongside those payments, while reducing errors and eliminating security risks typically associated with ACH transactions. Boost Payment Solutions CEO Dean M. Making the International … Domestic.

Commercial Card 58

Commercial Card B2B Cross-Border Push-to-Card 58

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

APRIL 11, 2016

Reports find differences in the adoption of IT hardware versus software, mobile devices and virtual cards. A 10% decline in fleet card numbers will hit Europe this decade , according to analysis from the “Commercial Cards in Europe 2015” report.

Commercial Card 40

Commercial Card Push-to-Card Cross-Border Payments Research 40

PYMNTS

APRIL 26, 2016

The push to bolster online security continues to gain traction throughout the world of digital identity. EMV technology has been steadily emerging as the industry standard, and a new report from MasterCard stated that the chip-based solution is now present in 67 percent of branded credit cards since being introduced in the U.S.

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Authentication Security EMV Fraud Prevention 41

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