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The Commercial Card Embraces A Season Of (Major) Change

PYMNTS

In B2B payments, the commercial card has experienced a dramatic spike in adoption this year as organizations accelerated their digital transformations and, unable to physically enter the office, began to rely on electronic payments to conduct their business. Winter Blues. Spring’s SMB Support. Spring began in dramatic fashion.

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AP Innovations Begin Targeting Supplier Acceptance

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As payments giants like Visa and Mastercard shift the innovation spotlight onto B2B transactions, developers of new accounts payable solutions are ushering in a growing trend: designing payment tools not just for the payer, but for the B2B supplier as well. Discover Targets Reconciliation Data. Vroozi Pay Eyes Vendor Relations.

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Chase, AFP Applaud B2B’s Shrinking Check Use

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11), Mastercard announced a collaboration with blockchain company R3 to create a blockchain-based tool for cross-border B2B payments. Indeed, Stripe ’s card product is a reflection of an influx of internet-run businesses that are built on digital-first business models, the company said in its announcement. On Wednesday (Sept.

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B2B Finserv Embraces New Faster Payment Rails

PYMNTS

This service also supports a range of existing rails, including commercial card, wire and ACH. Mastercard is also taking advantage of a new payment rail in a collaboration with PNC Bank. The tool will enable suppliers to receive instant access to funds in addition to detailed remittance data from the transaction.