PYMNTS

SEPTEMBER 2, 2020

From flexible repayment plans for cash flow management to sustainability programs that offset carbon emissions from fleet vehicles, the commercial card is versatile in this week's innovation roundup. American Express is expanding its Pay Over Time offering on credit card bills to business cardholders in the U.S.,

Cards 150

Cards Innovation Management Tools 150

PYMNTS

OCTOBER 5, 2020

Retailers must protect customers’ card data from hackers who try to snatch payment details, and following best practices to ensure security requires adhering to the regulations established by the PCI SSC, a global payments industry forum. Merchants may also look to payments orchestration platforms to help them manage compliance needs.

Cards 207

Cards Data Compliance Payments 207

PYMNTS

NOVEMBER 20, 2019

Much of what commercial card innovators seek to address is a massive pain point for adoption: supplier acceptance. Such was the strategy of JPMorgan in its latest corporate card initiative. Check out the latest in corporate card innovation below. JPMorgan Taps Boost For Corporate Card Acceptance.

Cards 155

Cards Innovation Fintech Payments 155

PYMNTS

DECEMBER 9, 2020

Some firms have better adjusted to new digital tendencies than others, especially when it comes to keeping track of B2B payments and spend management. Many of the tools that have traditionally been used to track payments and manage spending have now fallen out of step with what businesses currently need in today’s digital environment.

Cards 155

Cards Management Tools Payments 155

PYMNTS

JUNE 24, 2020

With corporate travel still on pause, commercial card innovation has taken a different direction. This week’s look at the latest initiatives explores how FinTechs are wielding the corporate card in ways other than business trips, from accessing credit for accounts payable to financing employee lunches.

Cards 131

Cards Innovation Tools Capital 131

PYMNTS

AUGUST 11, 2020

11), Amex launched Score Goals , an online platform that augments and expands the card company’s established credit score tool, MyCredit Guide. consumer cards at American Express, said that as the company rolls out its new credit management tool, it is cognizant of the newfound financial challenges facing many consumers amid the pandemic. “We

Tools 320

Tools Management Resources Cards 320

PYMNTS

SEPTEMBER 9, 2020

The payments digitization push has ramped up for corporates in recent months, with growing corporate card adoption attributed to the pandemic, recent Mastercard data reveals. Lawmakers Eye Expanded Fleet Card Use. Fleet service cards act just like credit cards at a gas station," Rep. Lawmakers in the U.S.

Cards 235

Cards CA Management Fintech 235

PYMNTS

DECEMBER 9, 2020

As corporate card innovation accelerates, new paths to adoption emerge. Visa To Support USDC Card Payments. Visa To Support USDC Card Payments. Dollar Coin (USDC), Visa is reportedly planning to support USDC payments via its corporate card products. Adflex Drives Card Adoption Within Supply Chains.

Cards 191

Cards Innovation Management Payments 191

PYMNTS

JULY 15, 2020

All this, Today in Data. Data: 15K : Number of Kim Kardashian’s perfume units that sold out within minutes when the celebrity appeared on a China livestreaming show. 65.8%: Portion of debit-centric consumers who want card apps to offer easier account management.

Retail 130

Retail Technology Cards Innovation 130

PYMNTS

NOVEMBER 9, 2020

What's more, the market lull may offer a moment to focus on innovation for the future as commercial payment habits shift — perhaps permanently. Virtual Cards And Mobile Technology. Bill.com revealed some of those changes as it highlighted the innovations driving a solid first fiscal quarter. While losses climbed from $5.7

Innovation 255

Innovation Fintech Payments Mobile 255

PYMNTS

DECEMBER 2, 2020

On the path to payments innovation, collaboration is key. Mastercard Mobilizes The Virtual Commercial Card. This week, Mastercard unveiled its newest commercial payments technology offering: a virtual card product that is supported by mobile wallets. Razorpay Links With Visa For Small Business Card Solutions.

Cards 163

Cards Fintech Innovation Management 163

PYMNTS

JANUARY 6, 2021

With businesses large and small increasingly turning their attention toward recovery efforts, the commercial credit card market is exploring ways to help their corporate card holders. Commercial Card, Global Commercial Services, Courtney Kelso in a statement. Neat Debuts Its Visa Card For Small Businesses.

Cards 257

Cards Utah Capital Video 257

PYMNTS

NOVEMBER 23, 2020

There’s no shortage of consulting advice and press clippings that will state the importance of actionable data for companies as a selling, operational and marketing strategy. Big data, it used to be called. Last week, the Department of Justice gave the green light to Mastercard’s $825 million acquisition of data aggregator Finicity.

Data 293

Data Innovation Big Data Marketing Strategies 293

PYMNTS

JANUARY 20, 2021

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. Employees Lack Access To Corporate Cards. WEX Links MYOB Users To Card Payments.

Cards 195

Cards America Survey Data 195

PYMNTS

JUNE 20, 2019

Tried-and-true credit unions (CUs) have managed to keep pace with commercial banks, FinTechs and other financial institutions. Roughly one-third (35 percent) have made data analytics investments over the past three years, according to the Credit Union Innovation Playbook. Data analytics can provide customer insights.

Innovation 100

Innovation Cards Analytics Video 100

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. Archa Collabs With i2c in Australia.

Cards 115

Cards Innovation Regulation Video 115

FICO

FEBRUARY 16, 2023

Now that we have data from the entire year to review, we are seeing the alarming trend continue. For 2022, we saw a significant increase in compromised cards resulting from skimming activity. Total compromise cards were up 368% from 2021, with more than 161,000 impacted cards identified — nearly a 5x increase over 2021.

Cards 98

Cards US Data Fraud 98

Bank Innovation

OCTOBER 9, 2019

Digital expense management company Expensify launched a corporate card this week, building on its automated transaction tracking technology. The card offers business customers a new tool to manage expenses and adds to the data repository that will help Expensify tailor customer experiences.

San Francisco 150

San Francisco Cards Customer Experience Tools 150

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

AUGUST 24, 2020

Renaldo Adler , industry principal of asset management for Trimble Transportation, said the new ideas are intended to bolster services for the new COVID-19-based environment for businesses. "As That will allow for better information on repairs and help them spot maintenance trends across their vehicle base.

Cards 246

Cards Fintech Resources Data 246

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

DECEMBER 19, 2018

While quick-service restaurant (QSR) managers and customers might view the same menu, they might not always be on the same page when it comes to technology and innovation. However, a look at recent data found that many QSRs are not exactly quick to implement customers’ preferred innovations.

Innovation 123

Innovation Management America Customer Experience 123

PYMNTS

DECEMBER 2, 2020

However, figures show that a majority of executives are in the midst of digital transformations, where 83 percent of financial services executives surveyed say that they’ve innovated with payments technology this year. Aquilina said virtual cards are poised to eclipse other commercial card form factors over the next few years.

Innovation 199

Innovation Payments Cards Fintech 199

PYMNTS

MARCH 4, 2017

The B2B payments industry is finally beginning to hustle when it comes to technological innovation. And as traditional financial institutions (FI) begin to recognize the value of collaborating with FinTechs, these banks can similarly shake their reputation for being innovation laggards and promote B2B payments progress while they’re at it. .

Innovation 191

Innovation Data Fintech Exercises 191

PYMNTS

SEPTEMBER 29, 2020

Volopay is teaming up with global FinTech platform Nium to offer a new and improved corporate credit card to enable companies to keep a sharper eye on expenses. Volopay, which is currently focused on Singapore-based businesses, is now planning to expand its reach to the entire ASEAN region and Australia as well.

Cards 140

Cards Fintech Software US 140

PYMNTS

JULY 8, 2019

These days, no matter how creative, innovative and disruptive an idea a financial services player may have, the reality is they don’t have a lot of time to sit around developing it. It was a solution designed, according to DeRosa, for companies with innovative roadmaps that need fast, flexible support.

Innovation 212

Innovation Cards Data Analytics 212

PYMNTS

MARCH 4, 2020

The time and effort lost manually filling in information, sorting through receipts and documents to track down missing details and ensuring each claimed item falls within companies’ standards stresses workers as well as the expense managers who must check each field. Bringing Innovation to a Traditional Industry.

Management 141

Management Technology Analytics Resources 141

Chris Skinner

JULY 19, 2017

I just attended an EFMA conference where the opening presentation talked about the most innovative banks in the world. Penny, the New Mint Penny is an app that examines behaviour around your bank accounts and credit cards to alert you of any issues, such as data breaches. These are the ones I quite liked, so it’s not exhaustive.

Innovation 298

Innovation Capital Conference Customer Experience 298

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 29, 2020

Commercial cards continue to explore more use cases to optimize spend for businesses, from accounts payable (AP) to employee travel and expense management. Increasingly, the corporate card industry is also looking at ways to take advantage of the unique challenges in particular industries. Cards Tackle Event Planning Expenses.

Cards 141

Cards Industry Management Tools 141

BankBazaar

JULY 31, 2023

With this innovation, customers could complete the Know Your Customer (KYC) process online, swiftly and effortlessly. New Launch Party with Co-Branded Credit Cards 2021 was a year of celebration as BankBazaar joined hands with YES BANK and RBL Bank to introduce co-branded Credit Cards. Kumar , Kerala 3. “A

Innovation 148

Innovation Cards Branding Tools 148

PYMNTS

MAY 22, 2018

Sage will offer its small business customers of its accounting and business services offerings in Spain B4B Payments’ existing expense management prepaid card solution. We are very pleased to be working with B4B as a strategic partner as they are making an important contribution to the continuing market leadership of Sage solutions.”.

Management 100

Management Cards Leadership Payments 100

PYMNTS

FEBRUARY 20, 2020

It’s an area of business spend friction that is driving a newfound resurgence in commercial card innovation that the card industry hasn’t seen in decades, with FinTech firms stepping in to take advantage of card transaction data. ” The Biggest Culprits Of Waste.

Cards 140

Cards Software Data Management 140

PYMNTS

DECEMBER 22, 2020

PYMNTS data shows that 39 percent of companies have moved away from manual O2C processes and toward digital ones since the start of the crisis, for example. They will need to continue innovating these processes to stay on top of shifting B2B trends worldwide. Around The Global B2B Payments World. trillion reported in 2019.

Innovation 237

Innovation Cards Payments Study 237

PYMNTS

JANUARY 30, 2020

Banks and FinTechs continue to discover new opportunities in unlocking corporate clients’ financial data, with banks embracing data integration for their own product development initiatives, and FinTechs finding new ways to collaborate with each other. Mastercard Taps FinTech for Biz Card Boost.

Data 161

Data Fintech Cards Software 161

PYMNTS

JANUARY 27, 2021

But keeping track of it all can be a challenge — especially knowing what card is being charged, by whom, and when. Knowing which card pays which subscription, let alone canceling them, can be a pain point. Founded in 2016 in Gothenburg, Sweden, Minna enables customers to manage subscription services via their bank’s app.

Management 181

Management Technology Cards Retail 181

PYMNTS

JUNE 20, 2019

Commercial cards account for only a portion of corporates’ overall spend, as checks stick around and ACH gains ground. However, their market share is on the rise as card issuers develop more robust rewards programs, and the ability to integrate card spend into back-office spend management and analytics platforms.

Cards 133

Cards Innovation Data Payments 133