Remove Commercial Card Remove Issuers Remove Value Added Service
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The Commercial Card Embraces A Season Of (Major) Change

PYMNTS

In B2B payments, the commercial card has experienced a dramatic spike in adoption this year as organizations accelerated their digital transformations and, unable to physically enter the office, began to rely on electronic payments to conduct their business. Winter Blues. Spring’s SMB Support. Spring began in dramatic fashion.

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Payments Heavyweights Dig Heels Deeper Into Commercial Cards

PYMNTS

Commercial card innovation continues to make big waves in the accounts payable (AP) department, as corporates and card issuers alike explore new ways to drive business spend on cards beyond business trips or ad-hoc purchases. Nium Broadens Card-Issuing Reach. American Express Debuts AP Tool.

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Banks Missing Commercial Card Opportunity

PYMNTS

Commercial cards are tricky. While they may be instrumental in helping companies manage cash when their employees travel for work, commercial cards aren’t the top payment rail of choice for suppliers, so companies often pay invoices another way. Their use is hardly ubiquitous across categories of B2B payments.

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Enfuce Announces Key Collaborations in France, UK, and Iceland as Part of Expansion Strategy

The Fintech Times

Enfuce , the female-led issuer processor, has unveiled three new strategic partnerships, as it continues with expansion plans across the likes of the UK, France and Iceland; while dipping its toes into not only the fintech sector, but also telecommunications, the public sector and employee benefits.

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Why Australia’s Banking System Helps — And Hurts — SMB Card Adoption

PYMNTS

Access to financial services is a staple of success for any business, but many SMBs can face particularly high hurdles when accessing the products and services they require. For the small businesses that are able to obtain a commercial card product, Kidd noted that their offerings also suffered from a lack of innovation.

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Amid Amex Controversy, Corporate Card Competition Heats Up

PYMNTS

The biggest news from the commercial card world this week came from American Express, which is facing allegations that it mistreated small business customers to hike card approval numbers. Shell Rolls Out Fleet Card in India. Shell is another player looking to strengthen its commercial card position in India.

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Open Banking Expands Its Horizons For Small Business Finserv

PYMNTS

While the ERP platform may have been considered that single point of truth for larger corporates, the accounting platform has the opportunity to act in a similar fashion for SMBs and, via open banking frameworks, holds valuable information that can be used to develop value-added services on top of that platform.