PYMNTS

JULY 10, 2020

Although commercial card products can offer working capital benefits on both ends of the B2B transaction, adoption lags behind other digital payment methods in accounts payable (AP) departments. And with the pandemic all but wiping out business trips, the commercial card could be at a crossroads.

Commercial Card 80

Commercial Card Credit Limit Issuers Card Issuer 80

Fintech Finance

DECEMBER 12, 2024

Codat and PayTech have partnered to transform how commercial card issuers support clients to optimize their supplier payments through spend analytics. Spend analysis is a critical service to help commercial clients optimize working capital by offering recommendations on how to best manage supplier spend patterns.

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Issuers Card Issuer Commercial Card Automation 98

Payments Source

DECEMBER 6, 2020

Banks trudging along slowly with digital advancements are getting a push from virtual card technology providers touting the concept of mass distribution for commercial card issuers.

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Card Issuer Continuity Commercial Card B2B 157

PYMNTS

NOVEMBER 9, 2020

But companies large and small are still making purchases, and with the pandemic fueling the need for contactless payments, commercial card technology adoption is on the rise. Speaking with PYMNTS, Chung discussed the importance of organizations being able to consolidate card spend data even when working with multiple issuers.

Commercial Card 81

Commercial Card Contactless Payments Issuers Card Issuer 81

Fintech Finance

MARCH 12, 2025

The collaboration combines Boosts cross border payment solution for enterprise-level business, Boost 100XB , with TransferMates globally regulated payments infrastructure to help increase industry-wide commercial card usage and adoption. based BINs to expand the reach of those programs into cross-border payments.

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Cross-Border Payments Cross-Border Payment Solutions Commercial Card 82

PYMNTS

OCTOBER 1, 2020

Boost Payment Solutions , which works in optimizing payment cards, is partnering with Visa to give commercial card issuers, cardholders and suppliers more automation and flexibility in their experiences, according to a press release.

Commercial Card 74

Commercial Card Card Issuer Enrollments B2B 74

PYMNTS

FEBRUARY 27, 2019

Supreme Court ruling in favor of the card networks during a case in 2017, and with Australia in the midst of pondering either swipe fee limits or an outright ban. However, missing from much of this regulatory debate is the issue of interchange fees on commercial cards. ” The Commercial Card Debate.

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Commercial Card Caps Regulations Card Issuer 70

PYMNTS

NOVEMBER 18, 2020

The suite of Mastercard payment solutions aims to enable businesses to save time, reduce costs and manage business expenses in more streamlined ways, with corporate clients able to further access Mastercard's In Control for Commercial Payments , a platform that helps companies add end-to-end virtual payments for an enhanced user experience.

Commercial Card 75

Commercial Card Visa B2B Reconciliation 75

The Fintech Times

MARCH 15, 2025

As a result of the new collaboration, Boosts cross-border payment solution for enterprise-level business, Boost 100XB, will be combined with TransferMates globally regulated payments infrastructure to help increase industry-wide commercial card usage and adoption. They will also have access to over 140 currencies. .

Cross-Border Payments 59

Cross-Border Payments Cross-Border Payment Solutions B2B 59

PYMNTS

JULY 16, 2020

Commercial card innovation continues to make big waves in the accounts payable (AP) department, as corporates and card issuers alike explore new ways to drive business spend on cards beyond business trips or ad-hoc purchases. American Express commercial cards have been a staple for many corporates over the years.

Commercial Card 64

Commercial Card Payment APIs and Integration Value Added Service B2B 64

PYMNTS

FEBRUARY 4, 2020

Leavitt, founder and CEO of Boost Payment Solutions , this is among the largest priorities for today’s accounts receivable departments, and commercial cards are stepping up to meet that demand. The drive for payment information is a key factor behind suppliers’ gradual path toward commercial card acceptance.

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Commercial Card Lockbox Reconciliation Push-to-Card 61

Fintech Finance

OCTOBER 2, 2024

Cardlay , a pioneering Danish fintech company, and Visa , a global leader in digital payments, are excited to announce a collaboration aimed at setting new standards for fast and efficient spend management for commercial cards issuers and their clients.

Commercial Card 97

Commercial Card Card Issuer Issuers Embedded Finance 97

PYMNTS

NOVEMBER 20, 2019

Much of what commercial card innovators seek to address is a massive pain point for adoption: supplier acceptance. Such was the strategy of JPMorgan in its latest corporate card initiative. Check out the latest in corporate card innovation below. JPMorgan Taps Boost For Corporate Card Acceptance.

Issuers 62

Issuers Commercial Card Innovation Card Issuer 62

PYMNTS

JUNE 20, 2019

Commercial cards account for only a portion of corporates’ overall spend, as checks stick around and ACH gains ground. However, their market share is on the rise as card issuers develop more robust rewards programs, and the ability to integrate card spend into back-office spend management and analytics platforms.

Commercial Card 53

Commercial Card Card Issuer Issuers B2B 53

PYMNTS

DECEMBER 12, 2019

According to reports, customers are voicing complaints that Curve was not transparent enough when sending cards to users. The publication pointed to Curve’s online community message board, in which users are reporting they were unknowingly sent a business credit card while expecting a consumer card. “I

Commercial Card 52

Commercial Card Card Issuer Credit Cards Issuers 52

PYMNTS

DECEMBER 30, 2019

Yet, according to Kris Carrera, general manager and business line executive of Credit Payments at FIS , the middle market is often underserved — particularly when it comes to commercial card products. Once that occurs, they continue to face obstacles in understanding exactly what drives commercial card adoption for this customer base.

Commercial Card 53

Commercial Card Push-to-Card Small Business Addressing 53

PYMNTS

JANUARY 8, 2020

There is more than one way to drive commercial card innovation. For vendors, commercial card acceptance can be a matter of wielding technology to lower interchange costs. For vendors, commercial card acceptance can be a matter of wielding technology to lower interchange costs. A Focus On Transparency.

Commercial Card 52

Commercial Card FTC Federal Trade Commission Small Business 52

PYMNTS

DECEMBER 27, 2016

Commercial cards have struggled to gain widespread adoption in B2B payments, and new research from Mercator Advisory Group aims to explain why — and how to overcome those adoption barriers. But corporate buyers often prefer cards to obtain rewards points.

Commercial Card 43

Commercial Card Card Issuer B2B Issuers 43

PYMNTS

AUGUST 21, 2019

One way to cut the paper chase is for companies to embrace commercial card products, which can speed payments and aggregate information alongside those payments, while reducing errors and eliminating security risks typically associated with ACH transactions.

Commercial Card 58

Commercial Card B2B Cross-Border Push-to-Card 58

PYMNTS

JUNE 4, 2020

With commercial card adoption on the rise as more organizations make the shift to digital payments, card issuers continue to drive innovation with their corporate card products. “It is not a high-growth area,” Squeri said of the corporate T&E spend segment, according to the report.

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Issuers Volume Commercial Card Card Issuer 57

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

MAY 17, 2017

Commercial cards are tricky. While they may be instrumental in helping companies manage cash when their employees travel for work, commercial cards aren’t the top payment rail of choice for suppliers, so companies often pay invoices another way. Their use is hardly ubiquitous across categories of B2B payments.

Commercial Card 43

Commercial Card Assessments End User B2B 43

PYMNTS

SEPTEMBER 5, 2019

Commercial and consumer cards issued in the U.S. Commercial card spending is up 11.7 percent, compared to consumer card spending, which grew by 10.1 Commercial card spending was $1.39 Consumer card spending was $4.74 Visa ’s commercial card was 43.2 generated $6.13

Commercial Card 75

Commercial Card Cross-Border Visa Issuers 75

PYMNTS

SEPTEMBER 5, 2016

Changes to commercial card regulations could be tripping up small businesses in Australia, according to reports on Friday (Sept. Paying with a commercial card means up to 55 days interest-free (an offer from the cards’ issuing banks). An interchange fee cap means less profits for the banks.

Commercial Card 40

Commercial Card Regulations Caps Small Business 40

Fintech Finance

JUNE 6, 2024

Issuer processing powerhouse Enfuce today announces a groundbreaking partnership with Síminn Pay , the fintech arm of Síminn, the largest telecom service provider in Iceland. The new open loop Mastercard credit card, sponsored by Enfuce, is a virtual card compatible with Apple Pay and Google Pay.

Commercial Card 52

Commercial Card Innovation Credit Cards Facilitators 52

PYMNTS

MAY 6, 2020

FinTech Conferma Pay said Wednesday (May 6) that it has teamed up with Visa to integrate the payment network’s virtual cards into the Conferma Pay mobile app, provisioning commercial cards to their phones’ digital wallets. It’s just more appropriate than ever,” he said, of the shift to virtual cards and mobile wallets.

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Reconciliation Commercial Card Contactless Payments Online and Mobile Banking 107

PYMNTS

APRIL 15, 2016

percent per transaction, do not cover commercial cards, instead allowing individual Member States to decide whether the fee caps apply to these corporate cards. Payment Systems Regulator ruled last month that individual pay corporate cards are not considered commercial cards. regulator declared. “The

Commercial Card 40

Commercial Card Rules Caps Regulations 40

PYMNTS

SEPTEMBER 29, 2020

Marqeta , the global card issuing platform, debuted its new Tokenization-as-a-Service (TaaS) product, which allows card issuers to access its tokenization technology, the Oakland, California-based company announced on Tuesday (Sept. The function is expected to debut next year and will integrate with J.P.Morgan’s systems.

Card Issuer 60

Card Issuer Issuers Push-to-Card BNPL 60

PYMNTS

JULY 25, 2017

Bank is offering a new service to corporate card managers in need over overseeing company cards around the world. Bank has launched a single platform through which commercial card managers can manage card programs regardless of where those cards are. Bank issued the corporate card.

Commercial Card 40

Commercial Card Credit Limit Card Issuer Correspondent 40

PYMNTS

MARCH 21, 2017

Bank will enable its corporate customers to use their commercial cards via the mobile Apple Pay , Android Pay and Samsung Pay solutions, reports said Monday (March 20). According to the bank, this makes it the first to support mobile payments for Visa commercial card transactions. Bank Corporate Travel Card, while U.S.

Commercial Card 40

Commercial Card Online and Mobile Banking Mobile Payments Card Issuer 40

PYMNTS

DECEMBER 7, 2018

With commercial cards continuing to press their way into accounts payable, a new report from Accenture suggests it’s the virtual card driving adoption of card-based B2B payments. for 2018 — meaning v-cards may secure a larger share of the corporate card spending space than physical corporate cards.

Commercial Card 40

Commercial Card B2B Card Issuer Accounts 40

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.”.

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

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

Finovate

OCTOBER 2, 2024

The collaboration combines Cardlay’s spend management technology with Visa’s payment network, data capabilities, and market position to drive innovation in spend management for commercial card issuers and their customers. Headquartered in Denmark, Cardlay made its Finovate debut earlier this year at FinovateSpring.

Card Issuer 59

Card Issuer Commercial Card Issuers Payment Solutions 59

PYMNTS

OCTOBER 6, 2020

New payment rails are again in the spotlight, with commercial card and contactless payments emerging as the top focuses for innovators. Boost Payment Solutions is teaming with Visa for commercial payments acceptance, while EE is joining forces with Square to help U.K. merchants accept touch-free payments.

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Contactless Payments Innovation NACHA Nacha Operating Rules 96

PYMNTS

APRIL 29, 2016

Which is why Visa’s mandate required that North American consumer issuers offer transaction-based alert services to their cardholders by October 2016. But there’s some discretion for issuers in implementing the mandate. But there’s a few things to consider when it comes to how to implement these transaction alerts.

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Issuers Transactions Card Issuer Enrollments 46

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.

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Commercial Card B2B Visa Issuers 81