PYMNTS

NOVEMBER 22, 2020

Danske Bank , the Copenhagen-based retail bank, has partnered with FinTech firm Zenegy to roll out a new method for automating payments made with corporate cards, a report from Crowdfund Insider says. The corporate card is going through a change this year, like many other parts of the business world.

Cards 221

Cards Payments Innovation Regional 221

PYMNTS

DECEMBER 9, 2020

The takeover signaled an evolution of the company's business model from a traditionally business-to-consumer (B2C) seller, to one that includes business-to-business (B2B) operations. The card rails, in particular, offer a way for traditionally B2C merchants to ease their expansion into B2B payments, he said.

Innovation 297

Innovation Fintech Cards Payments 297

PYMNTS

MARCH 25, 2020

As commercial card innovation expands, service providers continue to target particular pain points for their business cardholders. Together, the companies are rolling out an offering that arms SMBs with commercial cards without the need for a personal guarantee, according to a press release.

Cards 115

Cards Innovation Regulation Video 115

PYMNTS

NOVEMBER 1, 2020

PROS , which provides artificial intelligence-powered solutions, will be expanding its strategic collaboration with Adobe to include Magneto Commerce , an eCommerce platform, with the goal of helping companies launch eCommerce solutions. B2B customers have come to expect vendors to have access to digital phases of the buying experience.

Operations 247

Operations Meeting Online Innovation 247

PYMNTS

OCTOBER 14, 2020

Spend management was the focus of innovation in the commercial card space this week thanks to partnerships and investments in firms aiming to help companies keep track of expenses. The platform brings together virtual and physical cards for staffers, spend approvals, bill management and expenditure reimbursements.

Management 238

Management Cards Innovation Fraud 238

Chris Skinner

MARCH 23, 2017

I’ve been working closely with BKM, the Turkish retail payments clearing company, for a few years now. They manage the Fintech Istanbul program, and are the powerhouse behind many of the innovations we’ve seen in Turkey from mobile wallets to contactless payments. million credit cards, 118.3 debit cards and 1.7

Innovation 196

Innovation Cards Trends System 196

PYMNTS

DECEMBER 22, 2020

The pandemic has forced businesses to pivot quickly to continue their operations — both domestically and internationally — with relative ease as the health crisis affects everything from supply chains to payment schedules. They will need to continue innovating these processes to stay on top of shifting B2B trends worldwide.

Innovation 237

Innovation Cards Payments Study 237

PYMNTS

JULY 2, 2020

With the pandemic nudging businesses further into the digital payments realm, commercial card innovation is heating up to capitalize on the opportunity for adoption. Boost Bolsters BMO Harris Bank’s Biz Cards. Global Cash Card’s Legal Saga Ends. ADP Eyes Payroll Card Adoption Jump.

Cards 208

Cards New York Capital Compliance 208

PYMNTS

FEBRUARY 28, 2020

FinTechs are helping companies understand and optimize their total cost of payments acceptance through technology. There also tend to be many different card processors and different kinds of payment methods. Companies then, of course, have the operational side of the costs and the associated headcount.

Company 209

Company Fintech Payments Software 209

PYMNTS

SEPTEMBER 14, 2020

In the book, he freely admits that his formula might not work for every company. But the one thing that might work is taking a page from the innovation playbook that Netflix seems to have written and followed over the last 22 years. I Don’t Want To, But I Have To’. Fortnite now hosts concerts inside of its gaming ecosystem.

Innovation 245

Innovation Video Course Meeting 245

PYMNTS

JULY 8, 2020

With commercial cards an increasingly popular choice in the B2B payments space, industry innovators are exploring pockets of opportunity to drive adoption through mitigating friction. For others, commercial card innovation comes in the form of overcoming the adoption hurdle of a lack of supplier acceptance.

Cards 132

Cards Capital Innovation Payments 132

Bank Innovation

JANUARY 22, 2020

Brex, a corporate card and financial product startup aimed at businesses, plans to broaden its product ecosystem beyond bank accounts and cards.

Lending 273

Lending Innovation Cards Operations 273

PYMNTS

APRIL 2, 2020

The commercial credit card is increasingly viewed as a critical tool for these small and medium-sized businesses (SMBs) in need of fast access to credit, but many financial institutions are going further to nix fees on their card programs, including card products for small firms. Comdata Fuel Cards Facilitate Factoring.

Cards 164

Cards Capital Tools Fintech 164

PYMNTS

JUNE 20, 2019

According to the new Credit Union Tracker , as of March 2019 there were an estimated 5,572 CUs in operation and in the same month 324,000 consumers joined CUs. Roughly one-third (35 percent) have made data analytics investments over the past three years, according to the Credit Union Innovation Playbook. In the study, 91.7

Innovation 100

Innovation Cards Analytics Video 100

PYMNTS

SEPTEMBER 7, 2020

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. As the pandemic spread across Europe, and eventually the U.S.,

Cards 246

Cards Tools Capital Payments 246

PYMNTS

JULY 10, 2020

That doesn’t mean these companies have the ability to easily adopt the same payments solutions that businesses in other industries can access. Just as in other markets, eChecks, ACH, paper checks, wires and credit cards all come with their various benefits, as well as their pain points, from high processing fees to a lack of security.

Innovation 210

Innovation Payments Tools Compliance 210

PYMNTS

OCTOBER 19, 2020

The Mastercard Track Card to Account Transfer, the release says, will let businesses use commercial cards to pay suppliers even if the suppliers don't take card payments. Manual work won’t be as necessary and businesses will be able to access expanded payment operations, the release says.

Cards 188

Cards Payments cryptocurrency blockchain 188

PYMNTS

AUGUST 4, 2020

And in small business, a sizable share of SMBs have tapped their personal financial lifelines, including credit cards, to keep their companies operational. 35%: Share of SMBs that have used personal funds to finance operations during the pandemic. All this, Today in Data. 10.4B: Minimum amount of reserves J.P.

social media 160

social media Innovation Community Data 160

PYMNTS

MARCH 2, 2020

It’s really difficult, the banking ecosystem is not fast and that’s just reality,” Jim McCarthy, industry expert and former innovation head for Visa, told Karen Webster in a recent conversation. The Headwinds Creating The Innovations Gap . According to the latest edition of the Innovation Readiness report, only 22.3

Innovation 222

Innovation Data System Mobile 222

PYMNTS

MAY 1, 2019

Accounts payable operations are essential to ensuring that payments to a firm’s partners and suppliers are processed and delivered on time. These processes prevent companies from missing payments and running the risk of souring business relationships and hurting their partners’ bottom lines in the process. For example, just 20.1

Innovation 202

Innovation Survey Operations Report 202

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. Expensify Links Cards To Booking. Emirates Islamic Launches Cards For SMBs. Wirecard, Payhawk Eye SMB Expenses.

Cards 169

Cards Management Tools Report 169

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. Below, PYMNTS looks at the latest in AP that does exactly that.

Innovation 130

Innovation Cards Payments Tools 130

PYMNTS

JULY 31, 2019

As PYMNTS readers know, the role and appeal of FinTech is increasing significantly as consumer demands rapidly change, and technology and regulatory efforts encourage further innovation in digital payments and global transactions. an effort that was already operating in Europe and Asia-Pacific. “The FinTech Partnerships.

Fintech 192

Fintech Innovation US Payments 192

PYMNTS

JANUARY 30, 2020

Virtual credit cards are one of the more flexible electronic payment methods available, and the world continues its steady march toward greater digital payment use. Virtual cards can improve accounts payable (AP) processes, benefiting both buyers and suppliers by streamlining day-to-day payments, and providing greater control over cash flows.

Cards 178

Cards Payments Fraud Capital 178

PYMNTS

MARCH 13, 2020

Despite its demonetization policy, a thriving eCommerce climate, and continued growth in electronic and mobile payments, card penetration remains especially low in India, hovering at about 2 percent to 3 percent. It’s an interesting phenomenon, especially considering the path to corporate card adoption elsewhere.

Cards 130

Cards Fintech Innovation Policies 130

PYMNTS

JUNE 19, 2019

According to a new report , the company has raised $21.5 As PYMNTS research has demonstrated , four out of 10 travel operators struggle to manage multiple payment service providers. Other areas of innovation and disruption for the travel industry are heavily focused around payments. based startup called Duffel.

Innovation 152

Innovation Industry United States Payments 152

PYMNTS

NOVEMBER 6, 2018

There is also the chance (please no, not this time) of some hassle with payments, such as the corporate account or card not going through, or maybe, on the travel agency side, a software glitch or another problem that adds friction and frustration to an already long travel day. Innovation Challenges. Innovation Willingness.

Innovation 177

Innovation Payments Industry Study 177

PYMNTS

MAY 29, 2019

Gig, eCommerce and public utility firms are putting the spotlight on payment innovations to remain competitive in markets that are becoming increasingly saturated. In contactless payments news, only a small fraction of payments in the United States avoid the swipe or chip card reader. that avoid the swipe or chip card reader.

Innovation 139

Innovation Marketing Payments United States 139

PYMNTS

APRIL 9, 2020

In Australia, the commercial card market is one example of how bureaucracy and legacy process have stifled access to important SMB financial services, despite a continued surge in banking innovation and digitization. “People don’t just want a physical credit card to swipe at the shops,” he said.

Cards 150

Cards System Innovation Analytics 150

PYMNTS

JANUARY 21, 2019

Innovation is good, but flexibility and agility count, too — as does striking while it’s hot. DBI) , an employee benefits administrator, by financial technology services company WEX. The general attraction of DBI was the company’s “overall growth picture,” Smith told Webster. The deal comes amid a busy period for WEX.

Innovation 167

Innovation Trends Technology Operations 167

PYMNTS

APRIL 15, 2020

While small- to medium-sized businesses (SMBs) continue to hustle to secure portions of various federal coronavirus relief funding, the commercial card industry is finding itself in a position to support SMBs and their cash flow needs, too. Boost Finds A Surge In Corporate Card Interest. Visa Fuels Supplier Card Acceptance.

Cards 156

Cards Analytics Payments Management 156

Perficient

FEBRUARY 2, 2023

Security/Biometric Payments With the widespread popularity of digital payments continuing to grow, security remains at the forefront of concern for payment companies and their vendor partners. A biometric payment is a point-of-sale technology that authenticates payments by pairing a payment card with a physical identifier of the cardholder.

Industry 471

Industry Trends social media Payments 471

Bank Innovation

JANUARY 22, 2019

IBM, one of the world’s largest technology companies, has agreed to sponsor Bank Innovation Ignite, which explores new ideas and technologies needed to push banking forward. Bank Innovation Ignite, March 11-12 in Seattle, offers high-level discussions and networking around the future of what’s next in banking.

Innovation 170

Innovation Seattle Fintech Technology 170

PYMNTS

JULY 30, 2019

A press release Monday (July 29) said Certify/ChromeRiver have reached a deal to acquire Emburse , a startup that provides virtual and physical commercial cards to manage employee spend as well as vendor payments. The company connects business managers to heightened visibility into employee spend and greater control over corporate expenses.

Cards 143

Cards Management Operations Policies 143

PYMNTS

MAY 6, 2019

Toronto is a powerhouse for financial innovation in Canada: The city has the most sizable ecosystem for FinTech in the country, with 185 startups per one count. NorthOne , a FinTech firm that focuses on small business owners, is one of the companies that call the city home. Funding rounds and exits have followed suit.”

Innovation 192

Innovation Fintech San Francisco New York 192

PYMNTS

JUNE 5, 2019

Cards (as in prepaid, stored-value cards that consumers can use for gambling, payroll and a variety of other uses, many of them novel) are only half the battle. To get a sense of how the world of payments and cards has changed, Cregan told Webster a story about a conference he attended in Las Vegas in 2009. Take payroll cards.

Cards 158

Cards Las Vegas Innovation Mobile 158

PYMNTS

NOVEMBER 24, 2020

As Nick Reid, director of B2B partner development at Conferma , said in an interview with PYMNTS, virtual cards can help eliminate those hidden costs. Against that backdrop, he said, the “sweet spot” of virtual cards comes along what he termed that “long tail of supplier spend.”

Cards 181

Cards Fraud Payments Millennials 181