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Mastercard Enrolls With Pay.UK To Speed Up B2B Payments

PYMNTS

Mastercard has officially enrolled in the Pay.UK ‘s Request to Pay service, which aims to allow customers to view and pay bills in a more streamlined, efficient manner, according to a press release.

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Comdata Automates Virtual Card Supplier Enrollment

PYMNTS

B2B payments company Comdata wants to streamline the process by which companies can enroll suppliers onto a virtual card program and is seeking a patent for its solution. Streamlined vendor enrollment means reducing check payments and less manual work for AP professionals, leading to cost savings, the company added.

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Jack Henry and Moov to Simplify Digital Payments for Small Businesses

Fintech Finance

The cloud-native service will allow SMBs to accept payments with the tap of a phone, receive same-day funds for payments accepted, and automate reconciliations to accounting software packages. The service will be offered through financial institutions, enabling them to more fully serve their business clients’ deposit and payments needs.

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Visa Launches AR Manager in the U.S.

Trade Credit & Liquidity Management

Key features include: Streamlined Onboarding: Suppliers benefit from a simplified enrollment process, including automatic identification and verification. Seamless Reconciliation: It provides timely and accurate data to close out invoices in suppliers’ ERP systems, reducing manual effort and improving accuracy.

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American Express and Emburse Bring Integrated Expense Management Solution to Commercial Customers

Fintech Finance

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.

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Boost Partners With Visa To Enhance Commercial Card Use

PYMNTS

The partnership will give Visa clients access to straight-through processing and an automatic reconciliation process, which will help expand card use and participation, the release stated. Boost is currently the only FinTech acquirer focused solely on B2B payments, according to the release.

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Jack Henry Forges Payments Collaboration with Moov

Finovate

The services will include the ability to accept payments with the tap of a phone, automate reconciliations to accounting software systems, and more. Jack Henry is teaming up with payments platform Moov to offer enhanced payment services to SMEs. The companies will begin beta testing the new payment services by mid-2025.