PYMNTS

NOVEMBER 19, 2020

Today in B2B payments: Visa collaborates to open up small business banking data, while Mastercard drives commercial card adoption across the MEA region. Plus, American Express eyes social media shoutouts for small firms, Veem launches a domestic B2B payments tool and Billtrust embraces machine learning.

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PYMNTS

SEPTEMBER 2, 2019

Faster payment initiatives, a focus on application programming interfaces (APIs) and data integrations and efforts to elevate traditional B2B payment tools like ACH and commercial cards all made waves this summer. Elevating the Commercial Card. APIs and Data Integration.

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PYMNTS

DECEMBER 22, 2020

Technologies and payment solutions are finding the opportunity to multitask with solutions that, while initially focused on the corporate buyer, have now expanded to tackle friction for the supplier as well. Boost Gives Suppliers A Voice In Card Acceptance.

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PYMNTS

APRIL 20, 2016

Digital payment solutions may be taking off in the AR department, but not all electronic payment tools are created equal. Even more traditional payment tools, like credit cards, don’t have a high enough corporate value for suppliers, he added. “Anything away from paper is beneficial.

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PYMNTS

NOVEMBER 15, 2019

When the commercial card first came on the scene, executives thought of the payment tool in limited terms: a piece of plastic their employees could use to make one-off purchases at the office supply or hardware store, buy a coffee while on a business trip or take a client out to dinner.

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B2B Commercial Card Payments ACH 53

PYMNTS

SEPTEMBER 23, 2020

The virtual card can be a valuable payment solution for the enterprise thanks to the technology's security features and mobility. Yet adoption remains limited, largely thanks to corporates' ongoing use of more traditional payment methods like ACH or even physical cards. Comdata Digitizes Legacy Fleet Payment Tool.

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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.

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B2B Payments Reconciliation Payer 115

PYMNTS

SEPTEMBER 12, 2019

The AFP’s report was released the same week a range of new electronic B2B payment tools were announced, the latest in a deluge of digital payment solutions emerging in recent years. 11), Mastercard announced a collaboration with blockchain company R3 to create a blockchain-based tool for cross-border B2B payments.

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PYMNTS

JUNE 14, 2017

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. They include virtual cards, accounts payable automation, data analytics and other capabilities, Visa said.

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PYMNTS

MARCH 15, 2016

Outdated, Inadequate Payment Tools. In a statement announcing the merger, Payoneer’s Galit said that this EaaS solution “fills a critical missing link for B2B transactions.”. Another point of friction in cross-border B2B payments that Payoneer and Armor are targeting is the commercial card.

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PYMNTS

JANUARY 17, 2020

. “We talked with more than 100 small business owners across industries, and almost none used an accounts payable automation solution,” he said. “They either stuffed envelopes with checks and licked stamps or they used their bank’s bill payment tool — which is too simple and archaic.” The result?

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PYMNTS

NOVEMBER 3, 2016

Bank Senior Vice President of Corporate Payments Robert Kaufman, is that there are so many versions of these accounting platforms and so many ways to customize them that ensuring B2B payments tools integrate properly isn’t a sure bet. But it’s just one technology of many.

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PYMNTS

AUGUST 18, 2016

TSYS , the payment processing company, said on Thursday (Aug. 18) it has extended its payments agreement with Swisscard AECS. Under the extended agreement, TSYS will continue to process the company’s consumer credit card and commercial card portfolio on the TS2 platform.

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Agreements B2B Commercial Card Reconciliation 40

PYMNTS

SEPTEMBER 10, 2019

The answer is complex because B2B payment solutions must be multifaceted and flexible enough to meet an array of needs. Speaking with Karen Webster just ahead of the launch of Visa B2B Connect earlier this summer, Phalen noted the functionality under the hood of B2B payment tools is just as important as what lies on the surface. “Our

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B2B Cross-Border Payments Payer 59

PYMNTS

SEPTEMBER 23, 2019

As businesses continue this shift, it is no longer safe to assume that corporates are not interested in faster payments. Beyond the Payment. “These findings underscore the need for firms to consider financing solutions that can reduce their vulnerability to long payment periods and defaults,” the report notes.

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B2B ISO 20022 Payment APIs and Integration ISOs 49

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.

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PYMNTS

MARCH 29, 2016

And with banks flocking to the technology, the area of crytocurrency and distributed ledgers has luckily earned a comfortable spot among disruptors as a potential to change the way international payments are made. According to Chester, existing international payment solutions like PayPal and Western Union really don’t cut it for payroll.

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PYMNTS

AUGUST 30, 2018

“While virtual cards have played a prominent part in business travel for some years now, we’re also aware that travel management companies that offer these services also charge additional fees to the client,” he told PYMNTS. As a result, those companies fall back on manual processes or other inefficient tactics.

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PYMNTS

JUNE 12, 2017

Just 10 percent said vendor relationships are the key driver behind adopting AP automation tools, behind cost-savings and boosting efficiency and productivity. Analysts said they expect use of check to pay suppliers will decrease as companies deploy more efficient, electronic payment tools. “At

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PYMNTS

APRIL 13, 2016

FinTech players must mix and match the various payment rails available to them — ACH, virtual and physical cards, even blockchain in the future — depending on the business making the payment, Mifsud said. There may be issues ahead for companies that focus on the buy-side organization when developing payment solutions, however.

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