PYMNTS

JUNE 12, 2017

“As more banks and bank accounts must be managed and new currencies and regulations come into play, the complexity faced by corporates with their payments operations grows.”. Payments Rails. ACH is the most preferred payment rail for corporate payers, according to Strategic Treasurer and Bottomline Technologies.

Payer 60

Payer ACH FinTech Push-to-Card 60

PYMNTS

NOVEMBER 20, 2018

With payment bigwigs like Visa , Mastercard and American Express pushing further into the B2B payments space, commercial card adoption is being driven by more than growth in the number of card products available. “It streamlines payments and ease of paying by card,” Weiss told PYMNTS in an interview.

Commercial Card 47

Commercial Card Risk Push-to-Card Reconciliation 47

PYMNTS

JANUARY 2, 2019

When the B2B payments industry began considering what to expect for 2018, commercial cards weren’t often on the radar. Yet, 2018 was certainly a big year for commercial cards, and for credit card giants’ B2B payments aspirations overall. Visa Acquires Fraedom.

B2B 75

B2B Visa Distributed Ledger Technology (DLT) Commercial Card 75

PYMNTS

JUNE 20, 2017

PNC Bank is linking its corporate clients with a new mobile solution that links users of its Visa commercial cards into mobile wallet solutions Apple Pay, Android Pay and Samsung Pay. Instead, the mobile pay app creates a virtual card number unique to each transaction. labor force. .” ” U.S.

Commercial Card 44

Commercial Card Online and Mobile Banking Payer Card Issuer 44

Stax

MARCH 14, 2024

But they’re also popular to provide a way for B2B customers to make electronic payments. Payments work by giving the payer a link to complete the transaction. This would take them to the gateway where they can pay by credit card, Paypal, or other payment options the payee wishes to add.

B2B 88

B2B Process B2C Credit Cards 88

PYMNTS

NOVEMBER 23, 2020

23) that they have entered a strategic partnership to launch Visa Commercial Pay, billed as a suite of B2B payment solutions for enterprises making the shift to digital transactions, and, specifically, virtual cards — and away from paper-based manual processes. Visa and Conferma Pay said Monday (Nov.

B2B 115

B2B Payments Reconciliation Payer 115

PYMNTS

JANUARY 16, 2020

” Commercial cards continue to be a focus for NatWest. Last October, the bank announced a pilot test of biometric corporate cards that enable business payers to use a fingerprint instead of a PIN to authorize transactions. We’re thrilled to be working with them.”

Small Business 52

Small Business Payer Commercial Card Authorization 52

PYMNTS

AUGUST 6, 2020

The solution, Pay Direct , allows corporates to more seamlessly accept online payments directly from the sender’s bank account using the U.K.’s ’s Faster Payments real-time payments system. Digital payments solution provider Payrailz has secured a reseller agreement with digital banking company Tyfone.

FinTech 110

FinTech Payment APIs and Integration ACH Online and Mobile Banking 110

PYMNTS

APRIL 21, 2020

Adoption of electronic payments isn’t as mature in other parts of the world, however. “Nobody will take your money unless it’s cash or secured by a bank-to-bank transaction,” he said, adding that for many payers, “cash is still king.”

B2B 57

B2B Payer Payments Legal Framework 57

PYMNTS

SEPTEMBER 17, 2019

However, the real proof of progress in B2B payments, Phalen said, is in how industry stakeholders — including FIs, FinTechs and corporates — have overhauled how they think about those commercial payments challenges as they move forward to tackle them. Thinking Beyond the Payer. Payment Rails Converging.

B2B 52

B2B Innovation Payer Cross-Border 52

PYMNTS

SEPTEMBER 10, 2019

One of the biggest B2B payments conundrums today considers the adoption challenge: There are better technologies available to businesses today, so why do paper-based and manual processes persist? The answer is complex because B2B payment solutions must be multifaceted and flexible enough to meet an array of needs.

B2B 59

B2B Cross-Border Payments ISO 20022 59

PYMNTS

AUGUST 11, 2020

Indeed, solving some of the biggest AP challenges increasingly requires aa strategic focus not just on the payer, but on the supplier accepting that transaction. That’s the crux of Visa ‘s and Billtrust ‘s strategy behind the Business Payments Network (BPN), their collaborative B2B payments solution.

B2B 110

B2B Payments Wires Wire 110

PYMNTS

SEPTEMBER 28, 2016

.” Brazil, the companies said, is especially boosting its adoption of VCN for corporate payments. In a separate statement, Argo CEO Luigi Botto pointed to the benefits virtual cards can have for corporate payers. Virtual cards are widely considered to be a more secure payment method for B2B payments.

Payer 64

Payer Push-to-Card B2B Reconciliation 64

PYMNTS

MAY 26, 2016

Curve is gearing up for its anticipated solution for micro-businesses and entrepreneurs: an all-in-one payment solution that combines multiple cards in one. Earlier this week, the company announced a partnership with Wirecard , which will provide the underlying technology on which Curve’s solution functions.

Rules 40

Rules Small Business Commercial Card Payer 40

PYMNTS

JANUARY 17, 2020

.” On the other hand, he said, consumer-facing payment tools like Venmo are too simple for small businesses to deploy in their supplier payment operations. Businesses that embrace Venmo in their personal lives, as well as high-tech B2C payment solutions like Square, end up in the back office mailing paper checks.

Faster Payments 61

Faster Payments B2B Small Business Venmo 61

PYMNTS

OCTOBER 29, 2019

“To understand what’s on the horizon for B2B payments over the next five years, you have to first look back at the past five years,” he told PYMNTS in a recent Masterclass video interview. Second, WEX works with banks in the spirit of bank-FinTech collaboration that has been so instrumental in B2B payments innovation.

B2B 40

B2B Innovation Payments B2C 40

PYMNTS

JANUARY 20, 2020

Though adoption is on the rise , commercial cards still hold only a fraction of the corporate payments market — and an even smaller share of transaction volumes in accounts payable (AP). does allow, in many cases, for companies to add a surcharge to transactions when accepting commercial card payments.

Commercial Card 53

Commercial Card B2B Legal Payer 53

PYMNTS

AUGUST 3, 2016

The event, sponsored by American Express, focused on the ways health care organizations can manage the exit of paper, manual-based accounts payable processes and progress into digital B2B payments. B2B payments made via check can lead to loss or theft of funds, Anderson added, not to mention the fees associated with this form of payment. .

Checks 40

Checks B2B NACHA Treasury Management 40

PYMNTS

JANUARY 27, 2021

Although commercial cards are evolving to gain traction in more B2B payment scenarios — particularly, accounts payable (AP) — new challenges emerge that can slow down the rate of adoption. Billtrust, REPAY Drive Virtual Card Adoption. Adflex CEO Raises Commercial Card PSD2 Concerns.

Commercial Card 94

Commercial Card Payroll Multifactor Authentication B2B 94

PYMNTS

APRIL 13, 2016

Between legacy tools like paper checks, contemporary solutions like ACH and potential emerging innovations like the blockchain, B2B payments are no longer stuck with their head in the sand when it comes to payments evolution. The payments technology firm first began with a focus on consumer payments.

Cross-Border 40

Cross-Border Payments B2B ACH 40

PYMNTS

DECEMBER 30, 2020

The B2B payments ecosystem experienced a sudden and dramatic acceleration of change upon the onset of the global pandemic, and its impacts reach far beyond the mere digitization of the B2B transaction. Speed will be key in several workflows of the B2B commerce experience. For some B2C firms, that meant expanding into the B2B market.

B2B 119

B2B Payments Payer BNPL 119

PYMNTS

JANUARY 12, 2021

Part of that strategy increasingly involves the migration of commercial cards , and especially virtual cards, within functions like AP. Opportunities for early payment discounts are also encouraging adoption of commercial card technology. At the end of the day, change is a risk," acknowledged Barker.

B2B 91

B2B Payments Commercial Card Best Practices 91

PYMNTS

DECEMBER 8, 2017

But as the virtual card hype builds, some shortcomings have surfaced too. Overall, virtual cards — indeed, commercial cards as a whole — still face adoption barriers. For example, hotels in Germany are very used to accepting corporate cards. Virtual cards enable both of these enviable outcomes.”.

Payer 43

Payer Payments Reconciliation Data Breach 43