Boost launches 100XB cross-border solution for US commercial cards
The Paypers
SEPTEMBER 13, 2024
Boost Payment Solutions has introduced Boost 100XB, a cross-border payment solution tailored for US-issued commercial cards.
Visa, Mastercard to Stop Commercial Card Payments via Fintech Intermediaries in India
Fintech News
FEBRUARY 14, 2024
The Reserve Bank of India (RBI) has directed major card networks Visa and Mastercard to pause transactions involving card-based payments for commercial services like rent or vendor payments that are processed through third-party fintech companies, according to Reuters.
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American Express and Boost Payment Solutions Bring Optimized Virtual Card Payments to Suppliers
Fintech Finance
OCTOBER 2, 2024
As part of its ongoing investment in its B2B network and in enhancing buyer and supplier capabilities, American Express has announced a new offering by Boost Payment Solutions , a global leader in payments, to provide commercial virtual Card processing services to U.S. merchants who accept American.
Enfuce Partners With Síminn Pay to Launch Innovative Commercial Cards With Carbon Footprint Tracker
Fintech Finance
JUNE 6, 2024
Enfuce is launching a new, virtual commercial card programme for Síminn Pay, equipped with a CO2 calculator by climate action platform Deedster , to help its commercial clients reduce their carbon footprints. This pioneering collaboration also sets a new standard for sustainability.
The Economic – And Ergonomic – Value Of Commercial Card Optimization
PYMNTS
JULY 2, 2020
Leavitt , founder and CEO of Boost Payment Solutions , said commercial card programs are now coming to the forefront of AP departments’ priority lists when delaying payments is no longer the most viable, or effective, cash management option. Optimizing Card Spend.
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Why Corporates Are Rethinking The Commercial Card For Payment
PYMNTS
APRIL 9, 2020
From coordinating a team of newly remote workers to assessing new business models, the coronavirus pandemic is drastically disrupting the way organizations run and it is forcing a complete rethink of almost every aspect of operations — payments included. While it’s still early days, Boost Payment Solutions Founder and CEO Dean M.
Boost Partners With Visa To Enhance Commercial Card Use
PYMNTS
OCTOBER 1, 2020
Boost Payment Solutions , which works in optimizing payment cards, is partnering with Visa to give commercial card issuers, cardholders and suppliers more automation and flexibility in their experiences, according to a press release.
Boost Payment Solutions and Mastercard expand commercial cards acceptance
The Paypers
NOVEMBER 4, 2021
US-based fintech Boost Payment Solutions has partnered with Mastercard to create tailored and scalable strategies for the expansion of commercial card products.
Mastercard, EnKash Team To Expand Commercial Card Use In India
PYMNTS
DECEMBER 16, 2020
EnKash , a digital platform and payment solution provider, has entered into an alliance with Mastercard to expand the usage and acceptance of commercial cards in India and provide a B2B digital payment automation platform, according to a press release. Suppliers will have improved cash flows.
Commercial Cards Gear Up For Corporate Travel’s Return
PYMNTS
JUNE 17, 2020
At least, that’s what commercial card technology players believe, with this week’s rundown of the latest initiatives in corporate card solutions placing a focus on returning business trip volume. Emirates Islamic Launches Cards For SMBs. BNP Paribas Adds Virtual Cards To Coupa.
Mastercard, Network International To Introduce Commercial Cards In Middle East, Africa
PYMNTS
NOVEMBER 18, 2020
In the fourth quarter, the two companies aim to work with "business and corporate cards, travel cards, fleet cards and procurement cards, among other corporate payment solutions" to aid businesses of varying sizes and sectors to move cashless payments.
CardUp Introduces Commercial Card Solution In Asia
PYMNTS
DECEMBER 21, 2020
Consumers around the world have become intimately familiar with the “card-not-present” method of payment. Now businesses in Asia have an option to embrace “card not needed” as the pandemic continues to accelerate business models. That option, which extends to commercial cards , is being presented by Singapore-based CardUp.
Commercial Cards: It’s All About The Data
PYMNTS
FEBRUARY 4, 2020
As B2B payments migrate away from the paper check in their own digitization journey, a supplier’s opportunity to access valuable transaction insight grows. The drive for payment information is a key factor behind suppliers’ gradual path toward commercial card acceptance. Data’s Favorite Payment Rails.
The Commercial Card Seeks Value For Both Buyer, Supplier
PYMNTS
JULY 21, 2020
With accounts payable (AP) solutions increasingly paying attention to supplier needs, commercial card technologies have expanded their focus on both the AP and accounts receivable (AR) side of B2B transactions. OnPay Talks V-Card Adoption. Boost Enables STP For Corporate Cards.
Plastiq Talks Commercial Cards, ePayment Trends
PYMNTS
NOVEMBER 26, 2018
Adoption of commercial cards in B2B payments has emerged as one of the hottest industry topics of the year thanks to new FinTech innovations and industry leaders like Visa and Mastercard making a push further into the market. percent of incoming payments volume for B2B vendors by 2020 — up just 1.5
UK Retailers Press For Commercial Card Interchange Fee Caps
PYMNTS
FEBRUARY 27, 2019
Supreme Court ruling in favor of the card networks during a case in 2017, and with Australia in the midst of pondering either swipe fee limits or an outright ban. However, missing from much of this regulatory debate is the issue of interchange fees on commercial cards. ” The Commercial Card Debate.
Toqio and Visa Unite to Provide Payment Solutions in Distribution Networks to Non-Financial Companies
Fintech Finance
JULY 23, 2024
Toqio , a leading SaaS financial orchestration platform for businesses, has partnered with Visa , a leading global digital payments company, to provide payment solutions to businesses that by their nature do not offer financial services.
Cardlay Teams Up with Visa to Enhance Spend Management
Finovate
OCTOBER 2, 2024
Cardlay Payments Solutions has inked a partnership with Visa. The collaboration combines Cardlay’s spend management technology with Visa’s payment network, data capabilities, and market position to drive innovation in spend management for commercial card issuers and their customers.
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Boost Payment Solutions Gets Funding To Promote Commercial Card Acceptance
PYMNTS
JUNE 14, 2017
B2B payments startup Boost Payment Solutions landed new backing from Mosaik Partners, the company said Tuesday (June 13). Canada, Europe, UAE and Caribbean, Boost operates Boost Intercept, its B2B payments gateway, to automate the virtual card payment experience for supplier acceptance.
BofA Unveils Virtual Payables Solution to Support the Booming B2B Market
Fintech Finance
OCTOBER 2, 2024
Bank of America , a global leader in commercial cards, has expanded its Virtual Payables capabilities in EMEA with the launch of Virtual Payables Direct.
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Boost Payment Solutions, GHX Team To Ease Healthcare Organization Payments
PYMNTS
NOVEMBER 17, 2020
Boost Payment Solutions , Inc., is partnering with Global Healthcare Exchange (GHX) to help healthcare organizations pay suppliers with commercial cards, Boost announced today (Nov. Leavitt , founder and CEO of Boost Payment Solutions, in the release. 17), in a press release emailed to PYMNTS.
Transactions: Amex, Boost team up on virtual card
Bank Automation
OCTOBER 2, 2024
American Express and Boost Payment Solutions will provide commercial card processing to U.S.-based based American Express merchants, the pair announced Sept.
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Mastercard Survey Links Commercial Cards To Savings
PYMNTS
MAY 18, 2018
A new report from Mastercard links use of commercial cards to cost savings for businesses, according to reports in Verdict. Use of a commercial card program to manage employee travel expenses, however, reduces these operational costs and is linked to add-on benefits like travel insurance and rewards.
Mastercard, Boost Payment Push Commercial Cards In The Caribbean
PYMNTS
JANUARY 31, 2018
B2B payments company Boost Payment Solutions are teaming up to promote the use and acceptance of commercial cards across the Caribbean. And through our alliance with Mastercard, we look forward to unlocking the potential of commercial card payments for businesses across the Caribbean.”.
Commercial Cards Take The Global B2B Payments Stage
PYMNTS
AUGUST 21, 2019
International B2B payments are in the crosshairs of many a firm eager to seize the opportunity to move the trillions of dollars that cross borders away from checks. But on an international stage, cross-border corporate payments can present challenges, especially when it comes to getting suppliers to adapt to digital payments.
RAKBANK Partners With Mastercard For Commercial Card Solutions
PYMNTS
JANUARY 22, 2020
National bank RAKBANK , headquartered in the emirate of Ras Al-Khaimah in the United Arab Emirates, has teamed up with Mastercard to introduce corporate payment solutions, Zawya reported Wednesday (Jan.
Optal Takeover Boosts Commercial Card Capabilities
PYMNTS
MARCH 8, 2017
Invapay focuses on helping commercial cards to gain traction in the corporate payments arena by facilitating supplier acceptance of cards. The acquisition of Invapay enables Optal to deliver a one-stop-shop for corporate B2B payables needs,” said Optal CEO Rob Bishop in a statement.
U.S. Bank Breaks Ground With Commercial Cards For Apple Pay
PYMNTS
MARCH 21, 2017
Bank will enable its corporate customers to use their commercial cards via the mobile Apple Pay , Android Pay and Samsung Pay solutions, reports said Monday (March 20). According to the bank, this makes it the first to support mobile payments for Visa commercial card transactions. According to U.S.
Commercial Card Merger Planned By Emerchants, Store Financial
PYMNTS
APRIL 29, 2016
Australia-based commercial card firm Emerchants Payment Solutions is reportedly looking to make a strategic acquisition in the U.S. million to purchase Store Financial , a payments company operating in the B2B payments and payment card space.
Fintech Rundown: A Rapid Review of Weekly News
Finovate
SEPTEMBER 16, 2024
Payments CloudPay announces integration with Workday to launch its Global Payroll Connect solution. Revolut integrates with Spain-based digital payments platform, Bizum. Boost Payment Solutions launches, Boost 100XB , its new cross-border payments solution for U.S.-issued issued commercial cards.
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PayMate Establishes Strategic Partnership with De’Xandra to Transform B2B Payments Landscape for SMEs
Fintech Finance
SEPTEMBER 27, 2024
PayMate , a B2B payment solutions provider, has officially entered into a strategic partnership with De’Xandra – Malaysia’s leading perfume brand, in a move aimed at revolutionizing B2B payment processes and boosting the growth of Malaysian SMEs.
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Embracing The Long Road Ahead For Commercial Card Innovation
PYMNTS
JUNE 20, 2016
The commercial card industry is progressing, and corporate treasurers say they want in on the innovative action. A survey just released by Capital One found that the majority of corporate treasurers plan to upgrade their commercial card programs within the year.
BCFC and Mastercard partner to launch commercial credit cards in the Kingdom of Bahrain
Fintech Finance
FEBRUARY 9, 2024
Bahrain Commercial Facilities Company (BCFC), in a strategic partnership with Mastercard , is set to transform Bahrain’s commercial payments landscape with the introduction of their Commercial Cards Program for companies, corporations and small and medium sized businesses.
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What Has Been the Most Impactful Payment Solution in the Last Five Years?
The Fintech Times
FEBRUARY 28, 2024
“Undoubtedly, the payments industry has evolved and grown substantially over the past five years, with some extraordinary advancements in the underlying technology powering payments. .” “The shift towards software-driven and self-service solutions has been the most impactful development in the past five years.
Latest Bank of America Virtual Payables Launch Enables Suppliers to Receive Direct Bank Transfers
The Fintech Times
OCTOBER 4, 2024
“The payments are made much earlier in the procurement cycle, thereby helping to improve important supplier relationships and allowing the buyer to take advantage of any prompt payment discounts.”
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Boost Teams With BMO Harris Bank To Deliver B2B Payment Solutions
PYMNTS
JUNE 25, 2020
Boost Payment Solutions , a global provider of B2B payment technologies, announced a strategic collaboration with BMO Harris Bank on Thursday (June 25). The New York-based financial technology company has teamed with BMO Harris Bank to deliver integrated, automated processing for its corporate card customers.
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Payment Rail Innovators Focus On Cards, Contactless Payments
PYMNTS
OCTOBER 6, 2020
New payment rails are again in the spotlight, with commercial card and contactless payments emerging as the top focuses for innovators. This week's look at payment rail innovation is all about digitization and payments acceptance. merchants accept touch-free payments.
Finding The Right Paths To Corporate Card Adoption
PYMNTS
DECEMBER 9, 2020
As corporate card innovation accelerates, new paths to adoption emerge. The solution sees suppliers able to send a payment link via email or SMS to their business customers, who, in turn, are directed to the Adflex payment platform, where invoices can be paid via debit, credit or commercial card.
Network International and Mastercard Partner to Transform UAE’s Commercial Payments Landscape
Fintech Finance
JULY 10, 2024
Network International (Network) , the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has announced the introduction of new Business Payment Solutions for businesses, corporations, and travel industry companies in the UAE.
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Boost Payment Solutions Builds Out Board
PYMNTS
AUGUST 2, 2017
Following a Series A funding round, B2B payments startup Boost Payment Solutions has created its board of directors, the company said Tuesday (Aug. Boost Payment Solutions is based in the U.S. The company offers a B2B payments gateway to enable supplier acceptance of cards and buyer use of virtual cards.
FinTechs Embrace Collaboration For Corporate Card Solutions
PYMNTS
DECEMBER 2, 2020
On the path to payments innovation, collaboration is key. Mastercard Mobilizes The Virtual Commercial Card. This week, Mastercard unveiled its newest commercial payments technology offering: a virtual card product that is supported by mobile wallets. Yoba Smart Money Taps Nets For SMB Cards.
Mastercard Launches Mobile App for Adding Virtual Cards to Digital Wallets
Fintech News
APRIL 21, 2024
Payments giant Mastercard has launched a new mobile app that allows virtual commercial cards to be added directly to digital wallets, enhancing contactless payment solutions for businesses.
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American Express Bolsters Virtual Card Processing for US Merchants
The Fintech Times
OCTOBER 3, 2024
Financial services giant American Express is launching commercial virtual card processing services to US merchants in partnership with B2B payments provider, Boost Payment Solutions. However, the increasing volume of virtual card transactions is making automation even more essential for suppliers.
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Network International Leverages Mastercard Expertise to Digitise Business Expenses in UAE
The Fintech Times
JULY 11, 2024
Network International , the leading enabler of digital commerce across the Middle East and Africa (MEA) region, is partnering with payments giant Mastercard to launch new business payment solutions for companies based in the UAE.
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