Payments Source

JULY 31, 2019

JPMorgan Chase has become the first card issuer to join the Visa and Billtrust Business Payments Network in an effort to streamline the delivery of electronic B2B payments for its commercial card clients.

Payment Networks 71

Payment Networks Business Payments Card Issuer Commercial Card 71

PYMNTS

NOVEMBER 16, 2020

Mastercard has added a new Account-to-Account (A2A) service to its Track Business Payment Service , to help businesses exchange data more efficiently and perform payments across multiple rails, a press release says. The Track Business Payment Service was rolled out in the U.S.

Visa 81

Visa Business Payments Payments Commercial Card 81

PYMNTS

OCTOBER 21, 2020

Spend controls were the focus of innovation in the commercial card space this week thanks to feature and program launches. This week’s commercial card innovation tracker includes a rollout of the next generation of authorization controls from Comdata Inc., Mastercard Adds B2B Payment Functionality With Commercial Cards.

Commercial Card 52

Commercial Card Innovation Procedures B2B 52

PYMNTS

NOVEMBER 9, 2020

That can be attributed, in part, to the company's virtual card investments, according to Rettig, with the company's ability to support supplier virtual card acceptance "starting to pay off earlier than expected in the quarter.”.

Innovation 102

Innovation Business Payments FinTech Payments 102

PYMNTS

SEPTEMBER 9, 2020

Yet it's not only the need to embrace electronic payments that is encouraging government agencies, small businesses and larger enterprises to embrace the payment tool. Mastercard Executive Vice President of Global Commercial Products James Anderson noted that such efficiencies are part of the evolving nature of B2B payments.

Payment APIs and Integration 94

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

PYMNTS

DECEMBER 9, 2020

As corporate card innovation accelerates, new paths to adoption emerge. The solution sees suppliers able to send a payment link via email or SMS to their business customers, who, in turn, are directed to the Adflex payment platform, where invoices can be paid via debit, credit or commercial card.

Commercial Card 76

Commercial Card B2B Digital Currency Credit Cards 76

Payments Source

MARCH 28, 2017

Business-to-business payments network provider Viewpost will encourage more small and mid-size clients to convert to electronic payments through Visa virtual commercial cards.

Commercial Card 73

Commercial Card Payment Networks Business Payments Payments 73

PYMNTS

AUGUST 10, 2020

When B2B order-to-cash technology provider Billtrust announced the launch of its Business Payments Network (BPN) in late-2018, it was a solution designed to tackle one of the largest hurdles in B2B payments that remains today: managing all of the data and workflows required to achieve transaction success. On Monday (Aug.

Wire 49

Wire Wires ACH Payment Networks 49

PYMNTS

JANUARY 27, 2021

Although commercial cards are evolving to gain traction in more B2B payment scenarios — particularly, accounts payable (AP) — new challenges emerge that can slow down the rate of adoption. Adflex CEO Raises Commercial Card PSD2 Concerns.

Commercial Card 94

Commercial Card Payroll Multifactor Authentication B2B 94

Fintech Finance

JULY 10, 2024

Network International (Network) , the leading enabler of digital commerce across the Middle East and Africa (MEA) region, has announced the introduction of new Business Payment Solutions for businesses, corporations, and travel industry companies in the UAE.

Visa 97

Visa Cross-Border Payments Cross-Border Payments 97

PYMNTS

DECEMBER 3, 2020

Payment innovators are embracing the opportunities to mix payment rails old and new in search of business-to-business (B2B) solutions that can tackle longstanding friction. Visa To Use Card Rails For Digital Currency B2B Payments. CardUp Mixes Rails To Enable Card Payments.

B2B 88

B2B NACHA Innovation Nacha Operating Rules 88

PYMNTS

NOVEMBER 4, 2019

Under the existing relationship, Brex has been able to issue World Elite Mastercard for Business commercial cards. WEX posted its own results this past week, stating that it saw double-digit volumes in corporate and travel payments. Brex has named Mastercard as its preferred network giant.

Commercial Card 40

Commercial Card B2B Visa Cross-Border 40

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

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 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

OCTOBER 23, 2018

Amazon Business is bolstering its services for small businesses through a new co-branded commercial card with American Express as well as enhanced Prime features for business users. Prime members can choose between 5 percent back or a 90-day payment term.

Commercial Card 76

Commercial Card Small Business Reconciliation Credit Cards 76

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

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

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. FLEETCOR Wields Cards For Supply Chain Sustainability.

Innovation 60

Innovation Push-to-Card Commercial Card Debit Card 60

PYMNTS

AUGUST 9, 2019

In other Visa news , the company recently announced that its joint venture with Billtrust, called the Business Payments Network (BPN), was going to have a new user. JPMorgan said it would use the service to streamline the delivery of electronic B2B payments for its commercial card clients.

Credit Union 77

Credit Union PayPal Commercial Card EMV 77

The Fintech Times

JULY 11, 2024

Network International , the leading enabler of digital commerce across the Middle East and Africa (MEA) region, is partnering with payments giant Mastercard to launch new business payment solutions for companies based in the UAE.

Visa 64

Visa Cross-Border Payments Cross-Border Commercial Card 64

PYMNTS

DECEMBER 10, 2020

Increasingly, FinTechs and the businesses they serve are pulling double duty with solutions that tackle both accounts receivable and accounts payable friction for each end of the B2B transaction. This week's look at the convergence of AR and AP explores the strategy of modernizing AR to drive electronic B2B payment behavior on the AP side.

Accounts 60

Accounts Commercial Card B2B Mitigation 60

PYMNTS

DECEMBER 19, 2018

18), Extend said it is integrating its card issuing capabilities into the Visa Ready program, a framework for businesses that adopt Visa B2B payments solutions, enabling companies to more seamlessly access additional financial tools like accounts payable automation, virtual card functionality, data analytics and more.

B2B 63

B2B Payment APIs and Integration Commercial Card Payments 63

Fintech Finance

FEBRUARY 9, 2024

Bahrain Commercial Facilities Company (BCFC), in a strategic partnership with Mastercard , is set to transform Bahrain’s commercial payments landscape with the introduction of their Commercial Cards Program for companies, corporations and small and medium sized businesses.

Credit Cards 52

Credit Cards Visa Commercial Card B2B 52

PYMNTS

SEPTEMBER 24, 2019

Monthly installment payment solution provider Splitit is rolling out a B2B payments service offering, the company said Monday (Sept. Targeted toward small and medium-sized buyers and sellers, the platform allows buyers to procure goods with their business credit cards. 23) in a press release.

B2B 58

B2B Credit Cards Cross-Border Commercial Card 58

PYMNTS

AUGUST 30, 2017

American Express is continuing its ongoing efforts to encourage businesses to pay suppliers with commercial cards in its latest accounts payable partnership. The credit card firm announced Tuesday (Aug. Users have access to virtual card capabilities from American Express, providing a single-use virtual card to pay bills.

Accounts 43

Accounts Commercial Card B2B Wires 43

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. “Business-to-business payment offerings feel too clunky,” she said.

Commercial Card 43

Commercial Card Push-to-Card Card Issuer B2B 43

PYMNTS

MAY 13, 2020

As commercial card transaction volumes climb, two of the industry’s biggest players – Visa and Mastercard – have each announced new solutions designed to enhance the payment experience for corporates. “It’s just more appropriate than ever” to shift to contactless virtual payments, he added.

Commercial Card 52

Commercial Card Contactless Payments Visa Reconciliation 52

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

JUNE 20, 2017

PNC Bank is linking its corporate clients with a new mobile solution that links users of its Visa commercial cards into mobile wallet solutions Apple Pay, Android Pay and Samsung Pay. But the move is also part of a broader effort to keep corporate payments up to speed with consumer payment innovation, the financial institution said.

Online and Mobile Banking 44

Online and Mobile Banking Commercial Card Payer Card Issuer 44

PYMNTS

JANUARY 30, 2020

This week’s roundup of the latest open banking initiatives finds new use-cases in business payments, procurement, corporate cards and more. Mastercard Taps FinTech for Biz Card Boost. Mastercard wants to expand Europe’s commercial card adoption, and is turning to a FinTech partner to help.

Use Case 64

Use Case Payment APIs and Integration FinTech Payroll 64

PYMNTS

NOVEMBER 16, 2020

In an interview with PYMNTS in August, Dan Puleri, vice president of B2B supplier strategy and enablement at American Express, said invoicing and payments are ready for increased automation. The enhanced Easy Pay system is just the latest move by American Express to improve business payments for customers.

B2B 77

B2B Payments Commercial Card Automation 77

PYMNTS

MAY 11, 2020

The company said in a press release at the time that its cross-border payment services, which first launched with a focus on large, global conglomerates, were now available to SMBs, letting U.S. firms of all sizes send payments to contractors and vendors through borders.

Cross-Border 64

Cross-Border Cross-Border Payments Payments Commercial Card 64

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.

Cross-Border 60

Cross-Border Cross-Border Payments Commercial Card B2B 60

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

NOVEMBER 30, 2020

Today in B2B payments, Visa teams up with Razorpay to debut a small business commercial card solution, while Nets is working with Yoba Smart Money to develop small business payment tools. Razorpay, Visa Team for SMB Corporate Cards.

B2B 64

B2B Cross-Border Small Business Liquidity Management 64

PYMNTS

JANUARY 18, 2019

The move will see Chase Merchant Services, the bank’s small business payments unit, merge into the Corporate and Investment Bank’s Treasury Services, said reports, citing an internal JPMorgan memo. The combined entity will be called the Wholesale Payments unit.

Treasury 60

Treasury Payments Commercial Card Small Business 60