PYMNTS

OCTOBER 2, 2019

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. Boost Payment Solutions Expands Globally.

Commercial Card 52

Commercial Card Innovation Payer B2B 52

PYMNTS

JULY 9, 2020

Below, PYMNTS rounds up the top stories in payment rail innovation. With its solution designed to address friction in supplier commercial card acceptance, Nium ‘s InstaReM brand announced the expansion of BizPay into a new market: Australia. InstaReM Expands BizPay. ” AeroPay Elevates The Bank Transfer. .

ISO 20022 77

ISO 20022 Blockchain Cross-Border Cross-Border Payments 77

PYMNTS

AUGUST 5, 2020

In a conversation with PYMNTS, Center CEO Naveen Singh — whose father co-founded SAP Concur — described why many of the automated expense management tools on the market today fail to address the needs of a dramatically changing dynamic in employee spend. And, he said, the credit card is a valuable payment tool to achieve that insight.

Credit Cards 79

Credit Cards Commercial Card Automation Facilitators 79

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.

B2B 53

B2B Commercial Card Payments ACH 53

PYMNTS

APRIL 22, 2020

Augmenting its service is the Mastercard corporate card, with Rosa noting that commercial cards remain an important payments tool for small businesses and their employees to pay for services like software as a service (SaaS) and advertising, or finance employee business trips. ”

Cross-Border 96

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

PYMNTS

SEPTEMBER 12, 2019

It’s a stark contrast from its historical high of 81 percent in 2004, analysts noted, and suggests checks are steadily declining within corporate payments. 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.

AFP 51

AFP Checks ISO 20022 Cross-Border 51

PYMNTS

MARCH 15, 2016

Outdated, Inadequate Payment Tools. It’s not exactly the most advanced way to safeguard cross-border B2B payments. It does do a fine job of addressing the potential risk in cross-border transactions, but it is remarkably cumbersome, time-consuming and manual.”. Take the letter of credit, for instance.

Cross-Border 40

Cross-Border Commercial Card B2B Payments 40

PYMNTS

MARCH 6, 2019

For corporate and fuel payments company FLEETCOR , collaboration is an essential strategy to addressing corporate payment challenges at scale. In the area of commercial and virtual cards, for instance, connecting corporate buyers with a card solution they can integrate into their AP processes is nice.

B2B 56

B2B Addressing ACH Operations ACH Operator 56

PYMNTS

JANUARY 17, 2020

“They either stuffed envelopes with checks and licked stamps or they used their bank’s bill payment tool — which is too simple and archaic.” For many small businesses, invoice payment options are vast, but few actually fit their needs, according to Bar. ” Finding A Middle Ground. The result?

Faster Payments 61

Faster Payments B2B Small Business Venmo 61

PYMNTS

DECEMBER 5, 2019

There’s much discussion about the friction associated with traditional, manual, paper-based accounts payable (AP) processes, as well as about technology’s opportunity to address pain points. The opportunity to help AP professionals save time and foster elevated supplier relationships is an attractive one to businesses large and small.

Accounts 40

Accounts Automation Commercial Card CHIPS 40

PYMNTS

SEPTEMBER 10, 2019

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.

B2B 59

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.

B2B 49

B2B ISO 20022 Payment APIs and Integration ISOs 49

PYMNTS

AUGUST 30, 2018

Lately, service providers have been turning to the virtual card to address needs for electronic payment. There are barriers to accessing a virtual card payment program, however — particularly for businesses that aren’t using a Travel Management Company.

Reconciliation 40

Reconciliation Credit Cards Addressing Visa 40