PYMNTS

JUNE 21, 2018

According to the report, more than a quarter of survey respondents said their firms have allocated at least $100,000 to payment technology investments in the year ahead. As that digitization effort progresses, businesses have also expressed efforts to boost investment in commercial card programs.

Faster Payments 44

Faster Payments Blockchain Same Day ACH Commercial Card 44

Finextra

NOVEMBER 27, 2024

Join FinextraTV as Romain Mialane, Direct to Corporate Lead, Visa, and Ritesh Jain, Business Head - UK and Europe Commercial Cards, Citi, explore Visa's recently commissioned market research on B2B procurement in Europe and the challenges and opportunities for innovation in this broader context of treasury.

B2B 69

B2B Innovation Commercial Card Treasury 69

PYMNTS

DECEMBER 30, 2020

“It’s widely acknowledged in the industry that for a long time, the benefits of commercial cards [for supplier payments] have been … weighted in favor of corporate buyers,” Reid said, adding that “among the innovations and trends we’re currently seeing is the industry’s attempt to redress that balance between buyers and suppliers.”.

B2B 105

B2B Process Point-of-Sale (POS) Commercial Card 105

PYMNTS

JULY 9, 2020

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. It’s a mixing of payment rails that aims to overcome one of the largest barriers to commercial card adoption.

ISO 20022 77

ISO 20022 Blockchain Cross-Border Cross-Border Payments 77

PYMNTS

AUGUST 6, 2020

The solution, Pay Direct , allows corporates to more seamlessly accept online payments directly from the sender’s bank account using the U.K.’s ’s Faster Payments real-time payments system. Morgan Enhances Virtual Cards Via Marqeta. In another bank-FinTech tie-up, J.P.

FinTech 110

FinTech Payment APIs and Integration ACH Online and Mobile Banking 110

PYMNTS

DECEMBER 22, 2020

Technologies and payment solutions are finding the opportunity to multitask with solutions that, while initially focused on the corporate buyer, have now expanded to tackle friction for the supplier as well. Boost Gives Suppliers A Voice In Card Acceptance. CardUp Eases Card Adoption In Asia.

Commercial Card 79

Commercial Card B2B Legal Accounts 79

PYMNTS

MARCH 31, 2020

In a recent interview with PYMNTS, GrainChain Founder and CEO Luis Macias said blockchain promotes the security and privacy traditional banks demand from any solution, while smart contract technology mitigates risk and promotes trust in B2B payment and trade finance transactions. Plastiq Eases Card Rail Friction.

B2B 77

B2B Payroll Payments Cross-Border Payments 77

PYMNTS

OCTOBER 23, 2019

Meanwhile, both PNC Bank and Bank of America introduced new solutions designed to ease friction in B2B payments by embracing a range of existing rails. This service also supports a range of existing rails, including commercial card, wire and ACH.

Faster Payments 40

Faster Payments B2B RTP ACH 40

PYMNTS

OCTOBER 23, 2020

“A massive bright light has begun to shine on [the timing of payments] process.”. Leavitt told PYMNTS a big reason behind the resistance of commercial card use and acceptance has been a lack of understanding or knowledge about the true value of commercial cards as an alternative payment method.

Commercial Card 82

Commercial Card Push-to-Card Lockbox Wires 82

PYMNTS

MAY 31, 2016

The progression of payments technology has enabled businesses and customers to make payments in ways once previously thought unattainable. One of the biggest ways it impacts his thinking is in pondering the role of faster and, eventually, instant payments in the world. “In the U.S., is pretty impressive.

Faster Payments 41

Faster Payments Cross-Border Cross-Border Payments Payments 41

PYMNTS

FEBRUARY 20, 2019

Companies using the solution can process all of their payments across virtual cards, ACH and checks through a single payment file. based Fraedom, integrating its corporate payments, commercial card and expense management solutions for business customers. Last year UMB announced another partnership with U.K.-based

Commercial Card 53

Commercial Card ACH Enrollments Treasury 53

PYMNTS

OCTOBER 19, 2020

Mastercard has added new B2B payment features in the Asia Pacific, intending to bolster its services for businesses looking for diverse payments methods, a press release says. The new payment facility will help to boost cash flow management and automate payments.

B2B 75

B2B Visa Accounts Cross-Border 75

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. Sally Beauty Offers Cards, Rewards To Entrepreneurs. FLEETCOR Wields Cards For Supply Chain Sustainability.

Innovation 60

Innovation Push-to-Card Commercial Card Debit Card 60

PYMNTS

DECEMBER 10, 2020

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. Plus, commercial cards dig their heels into adding value for both buyer and supplier. For suppliers, this can mean faster payments without the costs of card acceptance.

Accounts 60

Accounts Commercial Card B2B Mitigation 60

PYMNTS

JANUARY 26, 2017

B2B payments have a reputation for being slow to innovate , though the last couple years has challenged that notoriety. Faster payments initiatives, blockchain and other disruptions all show promise to make major changes in the B2B payments space. Regulation Throws FinTech Off-Guard.

B2B 54

B2B Innovation B2C Faster Payments 54

PYMNTS

NOVEMBER 3, 2016

Asked whether initiatives like faster payments, real-time payments or even blockchain will have an impact, the executive declared “all of the above.” But it’s just one technology of many.

Payments Data 73

Payments Data Payments Commercial Card Reconciliation 73

Payments Source

NOVEMBER 9, 2018

To make commercial cards more viable, stakeholders in the B2B payments ecosystem need to break down traditional constructs and dynamically price card transactions so that they complement the commercial relationship between buyers and supplier, according to Dean Leavitt, CEO of Boost Payment Systems.

B2B 63

B2B Commercial Card Transactions Payments 63

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. B2B Finds Faster Payments Value.

Innovation 42

Innovation Cross-Border Commercial Card B2B 42

PYMNTS

APRIL 19, 2019

Barclays Investment Bank provided commercial card technology firm Brex with a $100 million debt capital round, the firms said this week , which sees Brex’s corporate card receivables back the warehouse line of credit provided by Barclays.

B2B 69

B2B Commercial Card Small Business Risk Mitigation 69

PYMNTS

DECEMBER 23, 2019

It’s up to technology providers like Levelset to remove those barriers to the faster payment capabilities that these businesses in the construction sector want, he said. It’s less important to define and dictate a certain electronic payment tool, like ACH or commercial cards, to enable faster payments, Wolfe said.

B2B 52

B2B Faster Payments Payments Payer 52

PYMNTS

FEBRUARY 1, 2019

Banga also mentioned the continued “secular shift” toward electronic payments — where commercial card products such as Mastercard Track are finding traction, and which are driving double-digit volume and transaction growth across most markets for the company. done using cards that were contactless-enabled.

B2B 69

B2B Continuity Visa Cross-Border 69

PYMNTS

MARCH 2, 2016

Commercial Card Acceptance. One of the largest discrepancies between buyers’ and suppliers’ payment preferences is the commercial card. The interchange fees associated with commercial card acceptance might be the biggest deterrent to card acceptance. Faster ACH Onboarding.

Commercial Card 40

Commercial Card ACH Credit Cards Credential 40

PYMNTS

NOVEMBER 19, 2019

Not only does the focus on the vendor promote payment acceptance, but it enables integration of invoice and transaction data across platforms for both buyer and supplier. Their partnership targets cross-border B2B payments, and aims to promote speed and transparency for both buyer and supplier transactions.

Commercial Card 40

Commercial Card B2B Cross-Border Accounts 40

PYMNTS

OCTOBER 28, 2016

Whether through virtual payment technologies or faster payment initiatives, the B2B payments ecosystem has explored ways to accelerate the time it takes a buyer to pay its supplier. Some argue electronic payments, like credit cards, are the answer. . “Small businesses are holding over $1.2

B2B 71

B2B Credit Cards Payments Same Day ACH 71

PYMNTS

OCTOBER 22, 2019

Together, the latest in AP solutions reflect the growing emphasis on how AP processes affect payees and billers, including corporate suppliers, as well as AP’s opportunity to support vendors via faster payments, easier payment acceptance, reconciliation and data connectivity. Bank of America Optimizes Payment Choice.

Payer 40

Payer B2B Commercial Card Faster Payments 40

PYMNTS

NOVEMBER 5, 2018

As NACHA expands Same Day ACH functionality, it’s unclear how small and medium-sized businesses (SMBs) will embrace the faster payment capability. Interestingly, half of millennial small business owners refuse to use a commercial card product.

Small Business 68

Small Business Same Day ACH Wire Transfer NACHA 68

PYMNTS

FEBRUARY 11, 2020

Signature Bank, based in Chicago, announced a new accounts payable solution for its corporate clients designed to support businesses’ demand for choice when it comes to payment rails. Cashfree Links India Firms To Faster Payments.

B2B 89

B2B Same Day ACH NACHA ACH 89

PYMNTS

SEPTEMBER 17, 2019

Corporate treasurers show increasing interest in real time and faster payment solutions, the latest research suggests. Treasurers See Faster Payments Benefits. FinTechs Move Money To Vendors Faster. However, it’s not necessarily the ability to pay suppliers in real-time that has companies enticed.

B2B 43

B2B RTP Bankers' Bank Accounts 43

PYMNTS

SEPTEMBER 23, 2019

As businesses continue this shift, it is no longer safe to assume that corporates are not interested in faster payments. Indeed, 55 percent of corporate professionals say real-time payments is their top B2B payments service priority, PYMNTS and American Express note in their latest Securing B2B Payments Report.

B2B 49

B2B ISO 20022 Payment APIs and Integration ISOs 49

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

JUNE 19, 2018

.” In today’s climate of heightened cyberattack and data breach fears, commercial cards can be particularly susceptible to targeted attacks, due to their association with credit lines that are often higher than consumer cards. According to Sadovskiy, there are several reasons why suppliers would want to accept cards.

Commercial Card 40

Commercial Card Data Breach Credit Cards B2B 40

PYMNTS

JANUARY 31, 2019

Banga also took note of the continued “secular shift” toward electronic payments (and where commercial card products such as Mastercard Track are also finding traction). He noted too that contactless payments are gaining ground. As for faster payments, he termed Mastercard’s efforts here a “marathon.”.

Volume 49

Volume Visa Cross-Border Commercial Card 49

PYMNTS

SEPTEMBER 7, 2017

Third, where can a commercial card program deliver sustainable value in the organization’s overall payments equation? For instance, are there certain types of payments where a commercial card solution makes sense, and if so, how can that be leveraged? Then, an organization must know itself.

Payments 56

Payments Push-to-Card Commercial Card Process 56

PYMNTS

FEBRUARY 13, 2018

ANZ Bank, meanwhile, is waiting to roll out its real-time payments capabilities as it continues “rigorous testing” of the tool. A spokesperson for the bank told the publication it would be making an announcement in the coming weeks about its faster payments offering.

Real Time Payments 40

Real Time Payments Governance Government Faster Payments 40

PYMNTS

DECEMBER 30, 2020

The B2B payments ecosystem experienced a sudden and dramatic acceleration of change upon the onset of the global pandemic, and its impacts reach far beyond the mere digitization of the B2B transaction.

B2B 119

B2B Payer Payments BNPL 119

PYMNTS

OCTOBER 25, 2019

Those are tall hurdles to overcome at a time when CFOs are demanding digitization, automation and optimization in order to reduce costs, take advantage of those early payment discounts, obtain rebates via commercial card payments, extend days payable outstanding (DPO) and mitigate the risk of fraud, as Bartels explained.

Automation 40

Automation Federal Reserve Fed Faster Payments 40

PYMNTS

MAY 28, 2019

For BuyerQuest, that meant integrating new “Speed to Payment” features in its procure-to-pay platform, which provides more choice for vendors in how they generate and submit invoices. Faster electronic invoice generation means faster payment, and access to early payment discounts for buyers.

XML 59

XML Payments Accounts Automation 59