PYMNTS

DECEMBER 24, 2020

At the dawn of 2020, commercial cards made up only a fraction of overall B2B payments volume, even as corporates continued their slow-but-sure payments digitization efforts away from the paper check. But in the midst of the coronavirus crisis, the corporate card seemed to unlock more value for businesses large and small.

Commercial Card 81

Commercial Card B2B Visa Issuers 81

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.

Commercial Card 65

Commercial Card FinTech Small Business Visa 65

PYMNTS

AUGUST 11, 2020

That’s the crux of Visa ‘s and Billtrust ‘s strategy behind the Business Payments Network (BPN), their collaborative B2B payments solution. Indeed, solving some of the biggest AP challenges increasingly requires aa strategic focus not just on the payer, but on the supplier accepting that transaction.

B2B 110

B2B Payments Wire Wires 110

PYMNTS

JANUARY 20, 2021

The corporate card industry continues to dig its heels into adoption efforts with the launch of new products and features designed to elevate the value of the card beyond a mere means of payment. WEX Links MYOB Users To Card Payments. SpendHub Talks Value-Added Corporate Cards. Plastiq Loops Into QuickBooks.

Commercial Card 78

Commercial Card Value Added Service Facilitators B2B 78

PYMNTS

FEBRUARY 11, 2020

Yet this week’s look at payment rail innovation finds that many players in the B2B space are turning to develop new payment networks and services infrastructure from the ground up, rather than rely on new technology for legacy payment rails to improve the business payment experience. In the U.K.,

B2B 89

B2B Same Day ACH NACHA ACH 89

PYMNTS

JUNE 13, 2019

Commercial card issuer and payment processor Comdata is integrating its functionality into the invoice-to-pay platform Billtrust to enable joint customers to pay their vendors electronically.

Payment Networks 59

Payment Networks B2B Card Issuer Payments 59

PYMNTS

OCTOBER 4, 2019

In a press release , Payoneer said its cross-border payment services, which initially rolled out with a focus on large, multinational conglomerates, are now available to SMBs, enabling U.S. companies of all sizes to send payments to their vendors and contractors across borders. businesses.”.

Cross-Border 60

Cross-Border Cross-Border Payments Commercial Card B2B 60

PYMNTS

APRIL 22, 2020

Neat looks to lower costs and boost efficiency through its partnerships with remittance companies to enable cross-border wire transfers, with its service enabling SMBs to store and remit funds in the local currencies of its various business accounts. “Compare it to sending an email,” he continued. ”

Cross-Border 96

Cross-Border Economy Cross-Border Payments Multi-Currency 96

PYMNTS

AUGUST 6, 2019

India will see its first small business credit card product, according to EnKash , which announced the roll-out of its commercial card tool on Monday (Aug. Dubbed the Freedom Card , the solution has operated in beta phase for the last few weeks, reports in IndianWeb2 said.

Credit Cards 43

Credit Cards Commercial Card B2B Underserved 43

PYMNTS

NOVEMBER 30, 2020

But there is often one major drawback: Actually using the virtual card in a remote setting can be a challenge, as support for virtual cards to be loaded onto a mobile wallet is not ubiquitous. That tokenization is critical to businesses’ adoption of virtual cards, according to Jones. On Monday (Nov.

Visa 84

Visa Security Contactless Payments On-Demand 84

Stax

MARCH 14, 2024

While traditional B2B payment methods like wire transfers and checks remain common, the corporate credit card market is projected to grow at a CAGR of 7.3% It’s crucial for businesses to support multiple B2B payment methods to adapt to diverse payment preferences. Learn More What are B2B Payments?

B2B 88

B2B Process B2C Credit Cards 88

PYMNTS

DECEMBER 30, 2019

This year, B2B payments technology made strides toward speed, transparency and efficiency as service providers took advantage of a massive market opportunity: corporates’ payment demands are growing more sophisticated, yet they continue to rely on checks and legacy tools. Bank, MYOB and others.

Innovation 42

Innovation Cross-Border Commercial Card B2B 42

PYMNTS

FEBRUARY 4, 2020

Tools like virtual cards (v-cards) and vendor payment optimization solutions, can address friction on both ends of a B2B transaction. Vendors’ V-Card Opportunity. V-cards continue to press further into the B2B payments arena as commercial card adoption grows. “One

B2B 52

B2B Commercial Card Automation Finance 52

PYMNTS

NOVEMBER 7, 2018

In addition, nearly all middle-market firms surveyed have digitized at least some portion of their B2B payments volume. These companies are taking a “hybrid” approach to electronic business payments, according to PwC Financial Services Advisory Leader Julien Courbe, who was quoted in the report.

B2B 58

B2B Electronic Funds Transfer (EFT) Use Case Commercial Card 58

PYMNTS

OCTOBER 29, 2019

Indeed, Dearborn said, comparing the B2C and B2B payments spaces “isn’t useful for us as an industry” due to just how different the two ecosystems are. A consumer today is often able to address their payments needs by downloading an app or changing a payment or financial service provider — a process that can be done in a day.

B2B 40

B2B Innovation Payments B2C 40

PYMNTS

OCTOBER 29, 2019

Commercial Card Pacts and Click to Pay. In another example, he said Mastercard had renewed its pacts with Bank of America across several business lines including small business credit and travel cards in the United States. In the meantime, we are progressing with B2B initiatives,” Banga told analysts. “We

Volume 40

Volume Visa Cross-Border B2B 40

PYMNTS

DECEMBER 8, 2017

Talk is growing of the potential for virtual card technology to address several key points of friction in business payments, especially in corporate travel. But as the virtual card hype builds, some shortcomings have surfaced too.

Payer 43

Payer Payments Reconciliation Data Breach 43