PYMNTS

SEPTEMBER 24, 2018

The company touts its ability to provide startups with higher credit limits, reports noted, and does not place liability of the cards onto its clients’ founders. Adoption of commercial cards for a variety of use cases is on the rise. Acknowledging the high failure rate of tech startups, Brex takes on that liability.

Commercial Card 70

Commercial Card Request for Comment Push-to-Card Visa 70

PYMNTS

MAY 6, 2020

Spend management done in real time has particular appeal for firms that want to remove the risks of having physical plastic cards (and relatively high credit limits) in the hands of their employees and contractors out in the field.

Commercial Card 107

Commercial Card Reconciliation Contactless Payments Online and Mobile Banking 107

FICO

DECEMBER 8, 2022

For revolving credit portfolios in particular, proper attention must be directed toward maintaining asset and revenue growth. By constraining credit exposure across more sensitive customer segments, the delinquency impacts associated with unexpected economic downturns can be mitigated.

Addressing 52

Addressing Risk Credit Limit Risk Management 52

PYMNTS

SEPTEMBER 20, 2018

In terms of mechanics, a single-use account means that each supplier payment is tied to a virtual account number, and the credit limit is set to the amount that is dictated by each payment. There are many important ways virtual cards can be used, and we want to ensure our solution will support them all.”.

Void 76

Void Checks Push-to-Card Rules 76

Finovate

JANUARY 4, 2024

The car owner applies for a credit limit of up to $6,300 (£5,000) at home and receives an instant decision. The cost of living crisis is driving up the use of BNPL across sectors. High-ticket auto repairs, which often catch consumers off-guard, are an ideal use case for BNPL.

BNPL 59

BNPL Facilitators Credit Limit Use Case 59

Fintech Finance

DECEMBER 5, 2023

A notable use case is found in the B2B retail industry where credit cards are often the only payment option offered online. “Through one comprehensive checkout solution, merchants can rely on a single payments vendor to accept multiple payments modalities and consolidate reporting across payment types.”

Payment Solutions 52

Payment Solutions Payment APIs and Integration B2B Payments 52

PYMNTS

JUNE 24, 2020

In a recent announcement , the Singapore company revealed its BizPay solution, an online platform enabling businesses to use their existing commercial cards and converting their credit limit into working capital to pay suppliers.

Commercial Card 52

Commercial Card Innovation Ransomware Card Issuer 52

PYMNTS

NOVEMBER 6, 2019

In one use case the FinTech firm has for customer service, a large-scale firm might come to have three billing systems as it acquired companies over time. Then, when a customer makes a purchase from one company but is billed by an acquired firm, having a consolidated view can become crucial for efficient customer service.

Credit Limit 40

Credit Limit Checks Acquirers Credit Cards 40

EBizCharge

JULY 10, 2024

This article will explain the differences between charge cards and credit cards, use cases for each, and help you determine which cards are best for your business. Business credit cards have a defined credit limit, restricting the maximum balance that can be carried.

Credit Cards 52

Credit Cards Credit Limit Card Issuer Issuers 52

PYMNTS

OCTOBER 21, 2019

But open banking itself is enduring an evolution, too, as finserv players explore new use cases for data interconnectivity. Expanding Use Cases. Codat’s joining of the Open Banking Maketplace is targeting a new use-case, enabling banks to connect into accounting data to more quickly and accurately underwrite SMB loans.

Small Business 40

Small Business Payment APIs and Integration Underwriting Value Added Service 40

FICO

JANUARY 2, 2020

Ted London went deeper into his theme of analytics for collections by looking at specific use cases in government collections. This also suggests that, for customers who do not have the financial capacity to stay out of a persistent debt situation, the credit limit provided might be too high considering the new regulation.”.

Posting 52

Posting Automation Credit Limit Issuers 52

FICO

JUNE 11, 2021

At the same time, uninterrupted limit increase programs coupled with spend incentives to the most resilient segments help promote usage, balance, and revenue growth. To carry the use case forward a bit, let’s first consider exposure management in an unstressed environment.

Risk 52

Risk Addressing Consumer Financial Protection Bureau (CFPB) Credit Risk 52

CB Insights

FEBRUARY 13, 2020

Issuing serves corporate expense and digital banking use cases, among others. The product offers business cards to existing Stripe customers with dynamic credit limits, real-time expense reporting, and personalized rewards, including 2% cashback in a business’ top 2 spending categories each month. Source: Stripe.

Online and Mobile Banking 98

Online and Mobile Banking Payment APIs and Integration Payments Push-to-Card 98

PYMNTS

SEPTEMBER 9, 2016

Use cases for Same Day ACH include account-to-account transfers and same-day payrolls, to name a few. By moving payments between FIs more frequently, counterparty hazards can also be reduced, and credit limits may be managed more robustly. Impact On Same Day ACH Rollout. If NACHA’s projections come to fruition, about 1.4

Same Day ACH 40

Same Day ACH ACH ODFI Faster Payments 40

Nanonets

JUNE 29, 2023

Features: Customizable policies based on specific use cases, departments, or non-US entities. Cons of Brex: Some users find it confusing to transfer funds between the credit card and bank side. The availability calculation for credit limits may lack transparency and predictability for some users.

Payment APIs and Integration 52

Payment APIs and Integration Online and Mobile Banking Automation Push-to-Card 52

EBizCharge

NOVEMBER 1, 2024

This article will explain short payments, their use cases, and how they can impact your bottom line to help your business effectively navigate and manage your finances. When a buyer pays less than the billed amount, also known as a short payment, significant challenges can arise for businesses trying to maintain a healthy cash flow.

Best Practices 52

Best Practices Payments Strategy Disputes Payments 52