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How to deal with rising competition and risk in commercial payments

Accenture

It’s an open secret in payments that the commercial client experience is often second-class, far surpassed in both innovation and investment by consumer offerings. We found that… The post How to deal with rising competition and risk in commercial payments appeared first on Accenture Banking Blog.

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Visa Commercial Pay Launches For Virtual Cards, Digitized B2B Payments

PYMNTS

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. The shift to digital payments has been gaining momentum.

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Use This Hack to Grow Commercial Bank Deposits

South State Correspondent

Seasoned bankers call it “The Distributor Tactic,” and it is a little-discussed technique used for ages in banking to speed up the sales cycle to land commercial bank deposits and treasury management accounts faster. A banks increase cross-sell, commercial bank deposits grow.

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Why Corporates Are Rethinking The Commercial Card For Payment

PYMNTS

From coordinating a team of newly remote workers to assessing new business models, the coronavirus pandemic is drastically disrupting the way organizations run and it is forcing a complete rethink of almost every aspect of operations — payments included. While it’s still early days, Boost Payment Solutions Founder and CEO Dean M.

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The Cost of a Commercial Real Estate Loan

South State Correspondent

In this article, we focus on the cost of originating a commercial real estate loan to give financial institutions both a flavor for their cost structure and benchmarks to measure themselves. Our Approach Towards Deriving the Cost of a Commercial Real Estate Loan. The Cost of Credit For a Commercial Real Estate Loan.

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Commercial Credit Trends – Where to Tread Carefully

South State Correspondent

To put this in perspective, usually, credit changes an average of plus or minus 21 basis points each year against a long-term average POD for bank commercial credit of 2.19%. As can be seen, the consumer is starting to feel the credit shock first while commercial lending is still performing. Now, the opposite is happening.

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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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