PYMNTS

OCTOBER 14, 2016

American Express is a top player in the commercial card space but is perhaps best known in the B2B space as a provider of solutions for larger corporates. The credit card giant has teamed up with a familiar face in the SME FinServ industry, however, to heighten its presence among smaller firms. Reports on Thursday (Oct.

Finance 74

Finance Commercial Card Small Business B2B 74

PYMNTS

NOVEMBER 5, 2018

With the new research finding opportunity for wire to disrupt checks’ hold on accounts payable, and millennial entrepreneurs shying away from business credit card products, the latest data signals changes ahead for the way small business owners pick their payment rails.

Small Business 68

Small Business Same Day ACH Wire Transfer NACHA 68

Finovate

JUNE 20, 2024

With our new digital credit card solution, we enable our customers to make their billing processes more efficient and thus save costs and time,” said Commerzbank Head of Value Stream Accounts and Payment Methods in Private and Small-Business Customers segment Tobias Knoll.

Commercial Card 59

Commercial Card Credit Cards PayPal Small Business 59

PYMNTS

FEBRUARY 20, 2020

In fast-growth small businesses, the focus is on expanding the top line — not tackling the paper chase in the back office. Yet, without the resources to invest in finance teams, many firms simply maintain the status quo of unaudited spend, the end result being a lot of wasted spend. ” The Biggest Culprits Of Waste.

Commercial Card 56

Commercial Card Duplicate Underwriting Transactions 56

PYMNTS

JANUARY 22, 2020

Commercial cards remain only a fraction of the B2B payments space, but FinTech firms, banks and other financial service providers continue to develop new solutions aimed at boosting adoption. For companies like SmartEquip and Unified Payments Group , that means introducing new ways to lift the burden of suppliers accepting cards.

Commercial Card 52

Commercial Card Payroll B2B Small Business 52

PYMNTS

SEPTEMBER 19, 2019

challenger FinTech Cashplus has hired a commercial card risk expert from American Express, reports this week said. Commercial Cards and Payments and before working at Amex, Duseja held a position at Accenture. According to reports Wednesday (Sept. He comes from American Express as its head of credit risk for U.K.

Commercial Card 43

Commercial Card Risk Small Business API 43

PYMNTS

FEBRUARY 13, 2020

Small business owners have historically faced a unique challenge in the banking world: Financial institutions (FIs) can sometimes fail to clearly define their small business services, blurring the lines between personal and corporate banking and forcing an SMB to fit somewhere within that ambiguity.

Small Business 61

Small Business Payment APIs and Integration Economy Finance 61

PYMNTS

AUGUST 25, 2018

Small businesses in the U.S. Expectations about economic growth, and increases in their own revenues, make for a good time to be a small business owner in the country. and Australia, though, small business sentiment looks a bit different. are increasingly know for their optimism. In the U.K.

Small Business 45

Small Business Commercial Card NACHA Finance 45

PYMNTS

SEPTEMBER 5, 2016

Changes to commercial card regulations could be tripping up small businesses in Australia, according to reports on Friday (Sept. Now, the Australian Small Business and Family Enterprise Ombudsman Kate Carnell is taking a look at the Reserve Bank’s potential plans. would impact the market.

Commercial Card 40

Commercial Card Regulations Caps Small Business 40

PYMNTS

OCTOBER 10, 2016

Just look at SAP Ariba , which integrated PrimeRevenue’s supply chain financing into its spend management platform, or Reckon , a small business accounting platform that recently rolled out an SME lending feature thanks to Prospa. The trend puts commercial cards and lenders in competition with each other.

Cash Management 76

Cash Management Commercial Card Small Business Credit Cards 76

PYMNTS

OCTOBER 24, 2019

Commercial cards remain a small, but growing, part of the B2B payments ecosystem, thanks in part to their versatility. Visa debuted its latest small business card offering with Visa Infinite Business , announced Wednesday (Oct. T&E Goes Virtual. Visa Targets High-Spenders.

Commercial Card 40

Commercial Card Small Business Credit Limit B2B 40

PYMNTS

MAY 13, 2016

Indian airliner Jet Airways is teaming up to bring SMEs in the nation a commercial card solution, a move reports said will bring India its first contactless business card. Reports on Thursday (May 12) said ICICI Bank will collaborate with Jet Airways to launch the Jet Airways ICICI Bank Business Advantage Card.

Commercial Card 40

Commercial Card Cash Management Credit Cards Small Business 40

PYMNTS

APRIL 2, 2020

With cash flow constraints dominating the headlines, financial service providers are introducing a slew of new products and services to help small businesses strengthen their financial standings amid the coronavirus crisis. PYMNTS rounds up the latest in commercial card innovation below.

Commercial Card 65

Commercial Card Small Business Debit Card Credit Cards 65

Finovate

JUNE 11, 2025

Business account provider ANNA Money has teamed up with card infrastructure company Episode Six. Via the partnership, ANNA Money has migrated its business card program to Episode Six’s platform to better serve its small business customers.

Debit Card 52

Debit Card Multi-Currency Returns Commercial Card 52

PYMNTS

APRIL 22, 2020

But when it comes to establishing operations abroad and managing money throughout the globe — whether it be reconciling finances across multinational business units or paying suppliers in foreign currencies — the challenges are vast. ” Exploring Alternatives. ” Easing Payments Friction. ”

Cross-Border 96

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

PYMNTS

APRIL 10, 2019

Bank of America is making changes to its cash-back small business credit card, reports in NerdWallet said this week. The biggest change to the bank’s Business Advantage Cash Rewards Mastercard small business credit card is a lower cap on bonus rewards.

Small Business 46

Small Business Adjustments Caps Credit Cards 46

PYMNTS

MARCH 25, 2016

In an announcement made Thursday (March 24), the bank revealed the rollout of its Deposit Express mobile app, geared specifically for small businesses and employees collecting paper checks while out in the field. Deposit Express is specifically tailored to meet the needs of small businesses. Bank has rolled out this year.

Small Business 40

Small Business Checks Online and Mobile Banking Treasury Management 40

PYMNTS

NOVEMBER 27, 2017

With another Small Business Saturday in the books, small- and medium-sized businesses (SMBs) are still kept on their toes by the yearly spike in sales this time of year. For many, that means seeking external financing to fund an increase in business.

Finance 49

Finance Small Business Credit Cards Credit Union 49

Fintech Finance

SEPTEMBER 27, 2024

Through PayMate’s cutting-edge B2B payment platform, SMEs can now use commercial cards enjoying an interest-free period up to 55 days [1] *. This allows SMEs, mid-market and large businesses to make payments to all their B2B suppliers, offering a seamless and secure solution that fosters business growth.

B2B 98

B2B SDN Payments Commercial Card 98

PYMNTS

MARCH 4, 2020

The biggest news from the commercial card world this week came from American Express, which is facing allegations that it mistreated small business customers to hike card approval numbers. Only 5 percent said a card’s ability to finance their purchases over time is the most valuable proposition of a card.

Commercial Card 56

Commercial Card Payment APIs and Integration Small Business Value Added Service 56

PYMNTS

APRIL 7, 2020

Our ambition has always been to find the best possible solution for businesses to address their need for supply chain financing,” Billhop CEO Sebastian Andreescu said per reports. This collaboration provides small businesses with all of these benefits, as well as a practical cash flow management tool.”.

Commercial Card 58

Commercial Card Debit Card Small Business Payments 58

PYMNTS

OCTOBER 21, 2019

Accounting platforms are increasingly positioning themselves at the center of the small business ecosystem,” he said, adding that this evolution “makes a lot of sense” with many companies considering the accounting portal the “single source of truth” for company finances. feel like a second job.”.

Small Business 40

Small Business Payment APIs and Integration Underwriting Use Case 40

PYMNTS

MARCH 19, 2018

For small businesses today, spending is up across several categories – but opened wallets and loosened purse strings don’t necessarily mean SMBs will benefit. This week’s B2B Data Digest takes a look at some of the latest surveys of small business sentiment across the globe. Fourteen percent of U.K.

Small Business 60

Small Business APACS Finance B2B 60

PYMNTS

OCTOBER 16, 2019

Small business accounting solution provider ScaleFactor is expanding its product suite to include a commercial card product to support expense management. The tool enables small business owners to issue cards to employees and digital accounts while integrating that spend data into the ScaleFactor platform.

Commercial Card 50

Commercial Card Small Business Accounts Product 50

PYMNTS

JANUARY 18, 2017

The alternative finance industry may have emerged as competition to the banks, but today, it’s commonplace for traditional FIs to partner with alt-lenders. For WEX clients, that not only means money to expand businesses but that means a chance to finance the services they buy from WEX, including fleet card solutions. “Our

Small Business 49

Small Business Commercial Card Credit Cards Finance 49

PYMNTS

OCTOBER 2, 2018

HSBC is streamlining its banking services for clients with both a small business and personal account. 2), HSBC announced the launch of HSBC Fusion, a service to facilitate management of finances for individuals and entrepreneurs toggling between personal and small business accounts.

Small Business 49

Small Business Commercial Card Debit Card Finance 49

PYMNTS

OCTOBER 28, 2016

Some argue electronic payments, like credit cards, are the answer. Others say late B2B payments are a reality, and instead, suppliers should access external financing to manage cash flow while they wait to get paid. Many are advised to access external financing , Hodgson said, whether it be through factoring or other types of loans.

B2B 71

B2B Credit Cards Payments Same Day ACH 71

PYMNTS

OCTOBER 18, 2016

American Express is a leader in the commercial card world but typically holds a reputation for servicing high-spending corporates. Now, the company is looking to take market share away from its main rivals by enticing SMEs to use its cards. Reports by Bloomberg Monday (Oct. But American Express has its competition cut out.

Small Business 53

Small Business Commercial Card Cross-Border Advisors 53

PYMNTS

JUNE 24, 2020

With corporate travel still on pause, commercial card innovation has taken a different direction. This week’s look at the latest initiatives explores how FinTechs are wielding the corporate card in ways other than business trips, from accessing credit for accounts payable to financing employee lunches.

Commercial Card 52

Commercial Card Innovation Ransomware Credit Cards 52

PYMNTS

MAY 22, 2020

While enabling SMBs to navigate the pandemic’s cash flow constraints through access to funds is key, investors showed interest in a variety of financing options, from invoice financing to trade finance to commercial credit cards. Trade finance technology startup CCRManager announced $2.12 CCRManager.

Finance 56

Finance B2B Online and Mobile Banking Participant 56

The Fintech Times

AUGUST 21, 2024

Building on cross-border e-comerce growth There has been a 30 per cent1 year-on-year growth in cross-border e-commerce transactions on commercial cards in Singapore. The BAC+ card was designed to capitalise on the growth of commercial cards in Singapore. Saurav Bhattacharyya, chairman, ACE.SG

Debit Card 69

Debit Card Transactions Cross-Border Accounts 69

PYMNTS

MARCH 14, 2018

Unnamed sources have told reporters that Amazon is looking to expand its small business (SMB) financing operations via the rollout of a commercial card for SMBs. Amex is the largest issuer for small business cards in the U.S. billion on its card products. and Japan last year.

Commercial Card 47

Commercial Card Small Business Credit Cards Issuers 47

PYMNTS

JULY 17, 2020

Several B2B FinTechs topped the list in Q2, however, including commercial card startup Brex, which raised $150 million, as well as global business account service provider Airwallex with $160 million and small business alternative lender Fundbox with a $200 million raise — the largest of the quarter.

B2B 90

B2B FinTech Fraud Detection Commercial Card 90

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 Small Business Cross-Border Liquidity Management 64

PYMNTS

AUGUST 21, 2019

According to the Credit Research Foundation, fewer than 12 percent of business-to-business (B2B) payments are done with a card. With the new initiative, Plastiq said, it’s giving businesses more control over their own finances. Bank Business Leverage Visa Signature was recently created by U.S.

Credit Cards 68

Credit Cards Commercial Card B2B Small Business 68

Finovate

APRIL 16, 2024

Small business banking platform Rapid Finance is launching a Rapid Access Mastercard , a prepaid card through which small businesses can access their line of credit. Rapid Finance’s card program is the first program sponsored by SoFi Bank.

Small Business 52

Small Business Visa Commercial Card Finance 52

PYMNTS

NOVEMBER 28, 2018

B2B payments is all too often a waiting game, one that can be damaging to the survival of a small business (SMB). With checks still so heavily in play, small businesses must not only wait to receive a check, but banks often enact a holding period that forces a company to wait even longer to see the funds they’ve been paid.

B2B 67

B2B Small Business Checks Payments 67