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Why Corporates Are Rethinking The Commercial Card For Payment

PYMNTS

For digital laggards, the coronavirus pandemic will serve as a harsh wake-up call regarding the importance of digitization and automation, with commercial cards uniquely positioned to address many of the pain points companies face today in these unprecedented times. A Surge In Commercial Card Interest.

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Wells Fargo Debuts Digital Supplier Payment Tool

PYMNTS

19) announced in a press release that it is adding a new solution to its WellsOne Virtual Commercial Card , enabling business customers to digitally pay invoices to suppliers and others. Each card payment is then assigned a virtual number tied to a commercial card account.

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WEX Reorganizes With New Team For B2B Payments

PYMNTS

He will focus on developing cloud-based solutions for corporate payments across sectors including travel and healthcare. Aquilina previously spent almost eight years working in commercial card products at Mastercard prior to joining the Portland, Maine-based WEX. Bank and was in charge of fleet card programs. “As

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J.P. Morgan Payments Expands Oracle Partnership to Streamline Payments Across Treasury, Trade and Commerce

Fintech Finance

Morgan Payments to help corporate treasury make informed and smarter decisions. Morgan Commercial Cards and Oracle Fusion Cloud. Supply Chain Finance: Unlock working capital by optimizing payment terms with vendors delivered by J.P. Morgan Payments Partner Network, which combines J.P.

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Corcentric Joins The B2B Payments Game

PYMNTS

Using FIS-run PayNetExchange to process ACH, checks and virtual cards and using Comdata to issue Mastercard commercial cards, Corcentric pulls in payment capabilities across a range of rails to support the last mile of the B2B transaction. But it turns out only 15 percent of their total spend could be on the card.”

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Building A B2B eCommerce Strategy From The ERP-Up

PYMNTS

This is among the friction points ERP provider Aptean aimed to tackle with the rollout of its B2B payments and eCommerce solution this week. By working back-to-front and building an eCommerce and payments strategy integrated with the ERP from the get-go, there is significantly less room for data connectivity errors. ”

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A Road Map To The Perfect Payment

PYMNTS

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? Charting The Course.