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The Commercial Card Embraces A Season Of (Major) Change

PYMNTS

In B2B payments, the commercial card has experienced a dramatic spike in adoption this year as organizations accelerated their digital transformations and, unable to physically enter the office, began to rely on electronic payments to conduct their business. Winter Blues. Spring’s SMB Support. Spring began in dramatic fashion.

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Payments Heavyweights Dig Heels Deeper Into Commercial Cards

PYMNTS

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.

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Banks Missing Commercial Card Opportunity

PYMNTS

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.

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Commercial Cards Lean Into Data Integration Opportunity

PYMNTS

Commercial cards remain a small, but growing, part of the B2B payments ecosystem, thanks in part to their versatility. American Express launched more than one commercial card initiative in recent days, one of which being its rollout of a suite of new corporate cards designed for startups. Brex Expands Beyond Cards.

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Corporate Card Players Embrace Collaboration To Drive Value

PYMNTS

The corporate card industry continues to dig its heels into adoption efforts with the launch of new products and features designed to elevate the value of the card beyond a mere means of payment. WEX Links MYOB Users To Card Payments. SpendHub Talks Value-Added Corporate Cards.

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Amid Amex Controversy, Corporate Card Competition Heats Up

PYMNTS

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. Shell Rolls Out Fleet Card in India. Shell is another player looking to strengthen its commercial card position in India.

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Why Australia’s Banking System Helps — And Hurts — SMB Card Adoption

PYMNTS

Access to financial services is a staple of success for any business, but many SMBs can face particularly high hurdles when accessing the products and services they require. For the small businesses that are able to obtain a commercial card product, Kidd noted that their offerings also suffered from a lack of innovation.