PYMNTS

JUNE 17, 2020

At least, that’s what commercial card technology players believe, with this week’s rundown of the latest initiatives in corporate card solutions placing a focus on returning business trip volume. Emirates Islamic Launches Cards For SMBs. BNP Paribas Adds Virtual Cards To Coupa.

Commercial Card 67

Commercial Card Returns Debit Card Reconciliation 67

Fintech News

APRIL 21, 2024

Payments giant Mastercard has launched a new mobile app that allows virtual commercial cards to be added directly to digital wallets, enhancing contactless payment solutions for businesses. This is particularly beneficial for employees and contractors who previously had to rely on personal cards or cash for business expenses.

Visa 113

Visa Reconciliation Contactless Payments Commercial Card 113

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. billion a month in the U.S. ” The Mechanics And The Roadmap.

Reconciliation 107

Reconciliation Commercial Card Contactless Payments Online and Mobile Banking 107

PYMNTS

NOVEMBER 23, 2020

23) that they have entered a strategic partnership to launch Visa Commercial Pay, billed as a suite of B2B payment solutions for enterprises making the shift to digital transactions, and, specifically, virtual cards — and away from paper-based manual processes. Visa and Conferma Pay said Monday (Nov. Consumerized Experience .

B2B 115

B2B Payments Reconciliation Payer 115

PYMNTS

DECEMBER 29, 2020

With 2021 on the horizon, those same organizations now have an opportunity to build on that momentum to not only migrate away from checks out of necessity, but embrace the benefits of electronic rails and workflows that can optimize B2B transactions for both buyers and suppliers.

B2B 114

B2B Reconciliation Payments Email Compromise 114

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

Trade Credit & Liquidity Management

MAY 29, 2025

Visa AR Manager is designed to automate and simplify the virtual card transaction process for suppliers. By addressing long-standing pain points in commercial card acceptance, the platform aims to reduce friction, increase efficiency, and lower operational costs for merchants.

Payment APIs and Integration 52

Payment APIs and Integration B2B Enrollments Automation 52

PYMNTS

SEPTEMBER 9, 2020

In this week's Commercial Card Innovation Tracker, PYMNTS rounds up the latest innovations that showcase how industry players are looking beyond the card itself — and toward API integrations and value-added features — to encourage corporate card use. Airbase Spend Signals Rising Card Adoption.

Payment APIs and Integration 94

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

PYMNTS

SEPTEMBER 10, 2018

Digital payments, faster transaction times, streamlined reconciliation, and greater visibility and control are all key components to an improved corporate payments offering, noted Uma Wilson, director of bank products at UMB Financial Corporation. “In corporate America, people are not just eight-to-five,” she said.

Commercial Card 40

Commercial Card Payer Reconciliation B2B 40

Fintech Finance

OCTOBER 2, 2024

While virtual cards offer a dynamic payment option that replaces a physical card number with a tokenized, one-time-use digital version, in B2B payments, some suppliers are still processing virtual card payments manually, including the opening of each email and copying the tokenized card number in their Point-of-Sale (POS) terminal.

Payment Solutions 98

Payment Solutions Point-of-Sale (POS) Payments B2B 98

PYMNTS

FEBRUARY 5, 2020

Commercial card technology can ease multiple pain points in B2B payments. But as today’s industry players reveal, the commercial card opportunity is often biggest in areas outside of the payment. Pleo Makes a Commercial Card Shift. We know the importance of cardholders’ preference for rapid self-service.

Commercial Card 53

Commercial Card Reconciliation Payments ACH 53

Fintech Finance

SEPTEMBER 12, 2024

Touchless Expense: Create expense reports faster using near real-time transaction authorization data through J.P. Morgan Commercial Cards and Oracle Fusion Cloud. Morgan and Oracle partnership enables our mutual clients to achieve touchless transactions, gain cash insights, and connect actions across finance and the business.”

Treasury 110

Treasury Point-of-Sale (POS) Payments Near Real-Time 110

Fintech Finance

AUGUST 23, 2024

SetldPay provides solutions for any kind of prepaid card program including gift cards, fuel cards, travel & FX, B2B and commercial cards. A key USP for SetldPay is their automated funds flow that allows just-in-time funding to minimise pre-funding requirements and massively simplify reconciliation.

Issuers 98

Issuers Process Reconciliation AML 98

PYMNTS

JANUARY 23, 2019

The card number is automatically generated once the PO is approved, with payment only made for the designated supplier and amount. The Coupa Pay solution also includes automated reconciliation with the initial purchase order, the companies noted in the press release.

Card Issuer 75

Card Issuer Issuers Reconciliation Commercial Card 75

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

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. Further, small businesses can obtain heightened visibility into transaction data for reconciliation, accounting and spend management purposes.

Commercial Card 76

Commercial Card Small Business Reconciliation Credit Cards 76

PYMNTS

NOVEMBER 20, 2018

With payment bigwigs like Visa , Mastercard and American Express pushing further into the B2B payments space, commercial card adoption is being driven by more than growth in the number of card products available. “It streamlines payments and ease of paying by card,” Weiss told PYMNTS in an interview.

Commercial Card 47

Commercial Card Risk Push-to-Card Reconciliation 47

PYMNTS

NOVEMBER 15, 2019

Though credit cards were not originally designed to address the needs of corporate payers, advances in commercial card technology have positioned the payment tool as one that’s gaining traction in the accounts payable department. “But in the cross-border space, it’s a different ball game.”

B2B 65

B2B Commercial Card Cross-Border Cross-Border Payments 65

PYMNTS

DECEMBER 2, 2020

Witness the rise of commercial card products and rebates over the past several decades, where Aquilina said “the focus really generated heat around the buyer and the cardholder that was absolutely not matched by banks on the supplier or merchant side.”. Suppliers have been pretty much forced to accept cards.

B2B 79

B2B Innovation Commercial Card Push-to-Card 79

PYMNTS

SEPTEMBER 22, 2020

The company noted that the product offers a full view and management over business spending in addition to allowing for orchestration, reconciliation and data on spending, according to a Tuesday (Sept. Companies have Mesh Payment’s cardless payment offering take the place of their current corporate card set-up, according to the announcement.

B2B 73

B2B Payments Cross-Border Commercial Card 73

PYMNTS

AUGUST 5, 2020

As B2B FinTechs explore the value of the commercial card, they’re integrating card payment capabilities across more scenarios, from vendor payments to employee expense management. BofA Expands Contactless Biz Card Service. Apple Pay Lands More Commercial Cards. Womply Eases Corporate Card Acceptance.

Commercial Card 63

Commercial Card Online and Mobile Banking Contactless Payments Visa 63

The Fintech Times

APRIL 8, 2024

SUNRATE , a Singapore-based payment and treasury management platform, is bringing Apple Pay to its customers, offering a safer, more secure and private way to pay, and using the iPhone’s power to protect each transaction. Customers can also generate real-time transaction statements, and cater to various reconciliation needs.

Credit Cards 59

Credit Cards PCI DSS Commercial Card Treasury Management 59

PYMNTS

NOVEMBER 15, 2019

When the commercial card first came on the scene, executives thought of the payment tool in limited terms: a piece of plastic their employees could use to make one-off purchases at the office supply or hardware store, buy a coffee while on a business trip or take a client out to dinner. ” Recognizing Commercial Card Advantages.

B2B 53

B2B Commercial Card Payments ACH 53

The Fintech Times

OCTOBER 3, 2024

Many suppliers continue to process virtual card payments manually, including the opening of each email and copying the tokenised card number in their Point-of-Sale (POS) terminal. However, the increasing volume of virtual card transactions is making automation even more essential for suppliers.

Process 64

Process Point-of-Sale (POS) Automation B2B 64

PYMNTS

NOVEMBER 3, 2016

. “It’s not only the cost savings of having to print and mail checks and reconciliation pains that go into that existing process,” he said. ” Those interchange fees can be an especially large pain point for suppliers when transaction values rise, he noted. ” U.S. .

Payments Data 73

Payments Data Payments Commercial Card Reconciliation 73

PYMNTS

JANUARY 28, 2021

When it comes to strengthening the B2B payment proposition, oftentimes, tackling friction for only one side of a transaction is no longer sufficient. As solution providers position innovative commercial payment solutions in the market, they're increasingly having to benefit both buyers and suppliers.

Innovation 61

Innovation Payer Cross-Border Payee 61

PYMNTS

JANUARY 12, 2021

In a discussion with Karen Webster, Barker and Pettican explored the rise of consumerization of B2B payments and how virtual cards are supporting this evolution without forcing finance chiefs to give up the control and security that is so vital to successful corporate payments. A Corporate Spend Convergence.

B2B 91

B2B Payments Commercial Card Best Practices 91

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. This has particularly importance today, as fewer people are interested in touching devices and cards at the point of sale.

Commercial Card 52

Commercial Card Contactless Payments Visa Reconciliation 52

PYMNTS

AUGUST 11, 2020

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. With the announcement that BPN is expanding to include support for ACH and wire transactions as well as card payments, Visa and Billtrust are casting a wider net of collaborators.

B2B 110

B2B Payments Wire Wires 110

PYMNTS

DECEMBER 5, 2019

Initially, this came in the form of purchase cards that gave managers the ability to allow their employees to make purchases on behalf of their companies, from office supplies to travel and expense spending. Leavitt says suppliers are indeed more difficult than buyers to convince of commercial cards’ value proposition.

Faster Payments 53

Faster Payments Commercial Card ACH Payments 53

PYMNTS

JANUARY 19, 2021

For B2B payments , the pandemic may be the final nail in the coffin of the paper check — and the plastic commercial card, too. With virtual payments, buyers gain from being able to increase their days payables outstanding by leveraging their credit lines on their commercial card products.

Checks 93

Checks B2B Payment APIs and Integration Payments 93

Fintech Finance

FEBRUARY 21, 2024

Kani Payments , the disruptive global data reconciliation and reporting platform, today announces a strategic partnership with issuer processing and core banking platform Pismo. The Pismo partnership is a significant step forward in Kani’s global expansion, representing its largest client win with tangible global scale potential.

Reconciliation 52

Reconciliation Issuers Payments Compliance 52

Fintech Finance

MAY 21, 2024

American Express , a leader in global business payments, and Emburse , a leading provider of travel and expense software, are partnering to offer end-to-end virtual card issuance, card reconciliation, and expense management in Emburse Spend, an all-in-one expense management solution, to American Express customers.

Reconciliation 52

Reconciliation Enrollments Commercial Card Transaction Limits 52

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. Buy now, pay later is exploding and has the potential to burst," he said.

B2B 119

B2B Payer Payments BNPL 119

Fintech Finance

APRIL 18, 2024

Mastercard announced a new mobile virtual card app that enables virtual commercial cards to be seamlessly added to digital wallets. Each virtual card is also tokenized, enabling the cardholder’s sensitive data to be replaced by a unique card number so sensitive account details are not exposed.

Visa 52

Visa Contactless Payments Payment APIs and Integration Commercial Card 52

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. Instead, the mobile pay app creates a virtual card number unique to each transaction. labor force. .” ” U.S. . ” U.S.

Online and Mobile Banking 44

Online and Mobile Banking Commercial Card Payer Card Issuer 44

PYMNTS

OCTOBER 2, 2019

As payments giants like Visa and Mastercard shift the innovation spotlight onto B2B transactions, developers of new accounts payable solutions are ushering in a growing trend: designing payment tools not just for the payer, but for the B2B supplier as well. Discover Targets Reconciliation Data. Boost Payment Solutions Expands Globally.

Commercial Card 52

Commercial Card Innovation Payer B2B 52