PYMNTS

AUGUST 21, 2019

One way to cut the paper chase is for companies to embrace commercial card products, which can speed payments and aggregate information alongside those payments, while reducing errors and eliminating security risks typically associated with ACH transactions. Boost Payment Solutions CEO Dean M. Making the International … Domestic.

Commercial Card 58

Commercial Card B2B Cross-Border Push-to-Card 58

Fintech Finance

OCTOBER 22, 2024

MeaWallet , a leading digital payments enabler specialising in card tokenization, proudly announces its partnership with Toqio , a leading technology platform for B2B embedded finance for businesses, to enhance its digital card capabilities for corporate customers in the UK and Spain.

Push-to-Card 98

Push-to-Card End User Embedded Finance Commercial Card 98

PYMNTS

SEPTEMBER 9, 2020

The payments digitization push has ramped up for corporates in recent months, with growing corporate card adoption attributed to the pandemic, recent Mastercard data reveals. Lawmakers Eye Expanded Fleet Card Use. Fleet service cards act just like credit cards at a gas station," Rep. Lawmakers in the U.S.

Payment APIs and Integration 94

Payment APIs and Integration Commercial Card Push-to-Card Visa 94

PYMNTS

OCTOBER 5, 2016

Today, accounts payable firm MineralTree announced a collaboration with Visa with a goal of helping corporates pay their suppliers by virtual card. But the commercial card is hardly the most preferred method of payment for suppliers, and that fact could mean adoption challenges for MineralTree and Visa’s new tool.

Accounts 73

Accounts Commercial Card Push-to-Card ACH 73

PYMNTS

OCTOBER 23, 2020

Leavitt , founder and CEO of Boost Payment Systems , told PYMNTS in a recent Masterclass that businesses large and small that have traditionally relied on the manual processes associated with writing checks or wiring funds to pay their suppliers are increasingly using commercial credit cards for payment instead. The Sum Of The PARTS

Commercial Card 82

Commercial Card Push-to-Card Lockbox Wire 82

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.

Commercial Card 40

Commercial Card Innovation Push-to-Card Treasury 40

PYMNTS

SEPTEMBER 24, 2018

Commercial card startup Brex is seeking unicorn status with its next funding round, The Wall Street Journal ( WSJ ) reported Friday (Sept. Unnamed sources told the publication that DST Global is set to lead the firm’s next funding round, which could push its valuation to $1 billion.

Commercial Card 70

Commercial Card Request for Comment Push-to-Card Visa 70

PYMNTS

MARCH 8, 2016

The company, which provides businesses and customers with travel cash and card payment solutions, said it would use the funds to move forward in the corporate travel and global payments arena. According to reports , FairFX Group secured nearly $7.5 million from investors to strengthen its operations.

Commercial Card 40

Commercial Card Cross-Border Payments Cross-Border Push-to-Card 40

PYMNTS

SEPTEMBER 2, 2020

From flexible repayment plans for cash flow management to sustainability programs that offset carbon emissions from fleet vehicles, the commercial card is versatile in this week's innovation roundup. American Express is expanding its Pay Over Time offering on credit card bills to business cardholders in the U.S.,

Innovation 60

Innovation Push-to-Card Commercial Card Debit Card 60

PYMNTS

DECEMBER 2, 2020

That mismatch of innovation creates B2B chokepoints, where digital invoices and payments are increasingly pushed to suppliers who don’t have the technology or automation in place to handle those technological advancements. Aquilina said virtual cards are poised to eclipse other commercial card form factors over the next few years.

B2B 79

B2B Innovation Commercial Card Push-to-Card 79

PYMNTS

DECEMBER 20, 2018

Growth in the commercial card industry is being driven by more than the push for supplier acceptance in accounts receivable. An example of the conjunction of commercial card innovation and shifting corporate payment trends can be found in the evolving workforce.

Commercial Card 57

Commercial Card Payment APIs and Integration Push-to-Card Adjustments 57

PYMNTS

SEPTEMBER 22, 2020

In the absence of corporate travel and entertainment, as the road warriors stay (and work) at home, it may make sense that commercial card use would see a pause in the B2B space. But we’ve focused on finding new areas of spend for buyers to utilize their cards,” Leavitt noted. “But

B2B 53

B2B Commercial Card Push-to-Card Payments 53

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

APRIL 20, 2016

With suppliers pushing aside some more monotonous tasks to computers and robots, they have more time to focus on the business itself and relationships with corporate buyers. Payment rails, Tchakarov explained, can play an integral part in supporting suppliers’ push for automation and their refocus on expansion.

Commercial Card 40

Commercial Card ACH Push-to-Card Same Day ACH 40

PYMNTS

DECEMBER 12, 2018

“But it’s about how to get the right payment — and sometimes, we know vendors will never take card.” “But it’s about how to get the right payment — and sometimes, we know vendors will never take card.” Businesses can pay using their cards, while suppliers can still receive payments via check or ACH.

Commercial Card 56

Commercial Card ACH B2B Checks 56

PYMNTS

JANUARY 17, 2018

The traditional strategy of handing an employee a corporate card, hoping they make responsible purchases and depending on accurate expense reports has evolved into a market that embraces automation, artificial intelligence, mobility and an array of card products, from P-cards to virtual numbers. APIs Add Fuel.

FinTech 74

FinTech Payment APIs and Integration Push-to-Card API 74

PYMNTS

FEBRUARY 15, 2017

The commercial card space is anything but straightforward. For one, payments innovation has created an explosion in the types of cards businesses can use, from fleet cards to one-time-use virtual cards. But innovators in the space press on. “We’ll be in other continents by the end of the year.”

Commercial Card 48

Commercial Card Push-to-Card Card Issuer Innovation 48

PYMNTS

SEPTEMBER 19, 2018

Business cards and document pouch? Jolly, head of financing and channels in global transaction services at Bank of America Merrill Lynch , about the financial institution’s latest product launch: adding mobile wallet functionality to its suite of commercial card products. “We Polished shoes and nice jacket? Who needs that?

B2B 56

B2B Push-to-Card Commercial Card Point-of-Sale (POS) 56

PYMNTS

OCTOBER 18, 2019

American Express is introducing a suite of new commercial card products targeted at startups and entrepreneurs in a move that is aimed at competing with industry newcomers like Brex, Bloomberg reports said on Thursday (Oct. “It’s a new data source and a new lens on underwriting,” Marrs told the publication.

Commercial Card 43

Commercial Card Push-to-Card Card Issuer B2B 43

PYMNTS

SEPTEMBER 29, 2020

Marqeta , the global card issuing platform, debuted its new Tokenization-as-a-Service (TaaS) product, which allows card issuers to access its tokenization technology, the Oakland, California-based company announced on Tuesday (Sept. This new offering is available for any card type, including cards not issued on the Marqeta platform.

Card Issuer 60

Card Issuer Issuers Push-to-Card BNPL 60

PYMNTS

SEPTEMBER 6, 2019

Also, commercial and consumer cards issued in the U.S. US Payment Card Market Tops $6T. Consumer and commercial cards issued in the U.S. Consumer and commercial cards issued in the U.S. Commercial card spending has increased by 11.7 generated $6.13 generated $6.13 generated $6.13

Commercial Card 51

Commercial Card Push-to-Card Payments Consumer 51

PYMNTS

DECEMBER 20, 2016

Mastercard is looking to take a larger share of the B2B payments space in Australia by pushing for companies to pay their suppliers with its products. To do so, the credit card firm announced Monday (Dec. 19) that it will be working with supply chain finance company Octet Finance.

Visa 41

Visa B2B Cross-Border Payments Commercial Card 41

PYMNTS

AUGUST 3, 2017

Accounts payable company MineralTree just gave a big show of support for commercial cards when it announced this week it is partnering with American Express (Amex) to offer companies an integrated platform to support supplier payments via virtual commercial card. But the hurdle of card adoption persists.

Cash Management 43

Cash Management Commercial Card Push-to-Card B2B 43

PYMNTS

DECEMBER 20, 2018

Corcentric President and COO Matt Clark recently told PYMNTS’ Karen Webster that some of the industry’s missteps can be traced back to the beginning of the digital B2B push. The payments industry has been talking about the digitization of B2B transactions for years, maybe decades, with not much of a nudge of that needle.

B2B 65

B2B Push-to-Card Payments Checks 65

PYMNTS

NOVEMBER 5, 2018

What is clear, though, is that ACH is a growing part of businesses’ accounts payable (AP) and other payment operations, with industry service providers pushing corporates away from paper checks. New data has emerged about how SMBs use other payment rails , including cards and wire transfers.

Small Business 68

Small Business Same Day ACH Wire Transfer NACHA 68

PYMNTS

AUGUST 12, 2020

based B2B payment solution provider that expanded into North America this year with its prepaid commercial card tools. Speaking with PYMNTS, Managing Director of North America Kieran Draper said employee expense management and contractor payouts have become a valuable niche for the corporate prepaid card.

B2B 67

B2B Push-to-Card Direct Deposit Payments 67

PYMNTS

APRIL 11, 2016

Reports find differences in the adoption of IT hardware versus software, mobile devices and virtual cards. A 10% decline in fleet card numbers will hit Europe this decade , according to analysis from the “Commercial Cards in Europe 2015” report.

Commercial Card 40

Commercial Card Push-to-Card Cross-Border Payments Research 40

PYMNTS

SEPTEMBER 7, 2017

Rather, she said, payments seem like a simple function: an employee pushes a button and the payment goes out. Sneed said that efforts to manage corporate payments strategically will fall short until organizations can answer this question. Many, however, are not even trying to do so. Indeed, Sneed said, many seem unwilling to do so.

Payments 56

Payments Push-to-Card Commercial Card Process 56

PYMNTS

DECEMBER 24, 2020

Contactless payment methods were always in the wings for credit card companies, but the pandemic pushed them front and center. That reflects itself in preferences for contactless payment options, with 26 percent of consumers reporting a desire for merchants to accept contactless cards. PYMNTS research shows 11.5 Contactless.

RTP 104

RTP BNPL Real Time Payments Online and Mobile Banking 104

PYMNTS

JUNE 19, 2018

credit card market is massive. North America accounts for about 60 percent of the global card market, according to analysis from ResearchAndMarkets.com released earlier this year, while the American Banking Association found in April that about 70 percent of Americans have at least one credit card. “We [the U.S.]

Commercial Card 40

Commercial Card Data Breach Credit Cards B2B 40

Tearsheet

OCTOBER 2, 2024

This collaboration has resulted in the launch of Codat’s new Supplier Enablement API product, designed to increase virtual card usage, with J.P. Morgan as an early adopter for its B2B virtual card offering. Change isn’t easy and shifting to digital payments methods, like virtual card, is no exception.

B2B 59

B2B Checks Payment APIs and Integration Push-to-Card 59

PYMNTS

MARCH 28, 2017

Adoption of virtual cards in B2B payments is gradually increasing as companies take to the greater security and convenience of the tool. Today (March 28), B2B payments and invoicing platform Viewpost announced a partnership with Visa to allow businesses using the portal to pay suppliers with virtual cards. The reason?

Push-to-Card 51

Push-to-Card B2B Payments Commercial Card 51

PYMNTS

SEPTEMBER 28, 2016

Corporate payments firm WEX is pushing virtual card technology within Latin America and has announced a new partner to help the cause. Argo will integrate WEX’s virtual card number (VCN) technology as an additional payment option for its corporate and travel agency clients.

Payer 64

Payer Push-to-Card B2B Reconciliation 64

PYMNTS

FEBRUARY 15, 2019

In a press release sent to PYMNTS, Barclaycard Commercial Payments said it has struck a partnership with SAP to integrate its B2B payments solution, Precisionpay, into cloud procurement platform SAP Ariba, enabling businesses to pay their vendors via Barclaycard. “Since launching the U.K.’s ” SAP Managing Director for U.K.

B2B 46

B2B Push-to-Card Payments Commercial Card 46

PYMNTS

JUNE 22, 2018

Instead, startups in the payments processing, commercial card and cybersecurity market landed the top rounds of the week — with one company securing a $3 billion valuation with its massive investment. Drip Capital. Though the firm is headquartered in the U.S., Drip said it will use the funds raised to scale up and enter new markets.

Cybersecurity 52

Cybersecurity B2B Payment APIs and Integration Commercial Card 52

PYMNTS

DECEMBER 11, 2020

Electronic payments options offer providers a choice among ACH payments, Visa commercial cards or digital checks. Electronic payments options offer providers a choice among ACH payments, Visa commercial cards or digital checks. That equates to as many as 500 million paper checks issued annually. The Mechanics .

Payer 67

Payer Checks Push-to-Card Commercial Card 67

PYMNTS

FEBRUARY 19, 2018

The newest PYMNTS eBook is full of expert insight into the future of B2B payments, from commercial cards to accounts receivable. PYMNTS.com got 39 of the payments industry’s top CEOs and executives to sound off on what’s next for the year and beyond. trillion: the current valuation of the U.S.

B2B 40

B2B B2C Push-to-Card Commercial Card 40