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Avidbank Partners with CorServ to Implement a Beneficial Credit Card Program for Commercial Customers

Fintech Finance

CorServ , a company that empowers banks and fintechs with payment programs, has partnered with Avidbank (over $2 billion in assets) to launch a beneficial credit card program for their commercial customers.

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Setldpay Partners With Tribe for Issuer Processing

Fintech Finance

SetldPay provides solutions for any kind of prepaid card program including gift cards, fuel cards, travel & FX, B2B and commercial cards. It brings together best in class partners through one technical connection and one contract.

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Rapid Finance Taps SoFi, Galileo to Enable Rapid Access Mastercard for Small Business Financing

Fintech Finance

The introduction of the Rapid Access prepaid commercial card addresses this issue by providing SMBs with a flexible payment option. Through this card program, Rapid Finance’s SMB customers with a LOC in good standing can seamlessly and instantly access their funds to maintain their operations and pursue growth opportunities.

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SoFi to Act as Sponsor Bank for Rapid Finance’s New Line of Credit Prepaid Card

Finovate

The new offering is a prepaid commercial card that allows Rapid Finance’s small business customers with a line of credit in good standing to access their funds. The card will give companies using Rapid Finance’s line of credit a simple way to access the working capital they need, even outside of traditional banking hours. .

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Citi Links Government Agencies To WEX Fleet Cards

PYMNTS

Through an agreement with Citibank, corporate payments company WEX is now able to link government agencies to its fleet card solutions, according to an announcement made Tuesday (Nov. Bank, to have landed a contract to operate GSA SmartPay 3, a government payments program.

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Corcentric Joins The B2B Payments Game

PYMNTS

Using FIS-run PayNetExchange to process ACH, checks and virtual cards and using Comdata to issue Mastercard commercial cards, Corcentric pulls in payment capabilities across a range of rails to support the last mile of the B2B transaction. But there’s more to choosing a payment technology than supplier acceptance.

B2B 65
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Visa Ready Turbo Charges B2B Payments

PYMNTS

In Visa news, the credit card company is hitting back at rival Mastercard with the rollout of a B2B payments program just days after Mastercard announced its own B2B payments tool. Last year Visa launched Visa B2B Connect, a show of support for blockchain technology in corporate payments.

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