PYMNTS

SEPTEMBER 24, 2020

is collaborating with Goldman Sachs Bank USA on digital transaction banking, while Sezzle has created a partnership with digital financial services company Ally Lending. Plus, FIS has partnered with The Clearing House (TCH) on real-time payments (RTP). BNPL Firm Sezzle Allies With Ally Lending To Expand Loan Options. billion.

Lending 226

Lending Analytics Technology Software 226

PYMNTS

OCTOBER 7, 2020

Smaller companies were the focus of innovation in the commercial card space this week thanks to new cards designed for small and medium-sized businesses (SMBs). American Express, Amazon Rollout Card For UK SMBs. American Express rolled out co-branded cards with Amazon for British SMBs.

Cards 248

Cards Innovation United States Branding 248

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

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

JANUARY 22, 2019

Investors have backed Switzerland-based FinTech startup KiWi to help the firm expand its small business payments and lending operations in Mexico, reports in BankingTech said Monday (Jan. The firm enables businesses to accept electronic payments via mobile POS device.

Lending 137

Lending Payments Tools Capital 137

PYMNTS

OCTOBER 2, 2020

In today’s top news, the European Central Bank outlines use cases for a digital euro, and Goldman Sachs will buy GM’s credit card business. The European Central Bank says Europe should be ready to adopt a digital euro so residents can access money amid the evolving retail payment landscape. for General Motor's Credit Card Business.

Cards 193

Cards Payments Atlanta Google 193

PYMNTS

APRIL 14, 2020

To roll out a completely managed small business lending offering that digitizes the end-to-end loan life cycle, application development technology firm Unqork has teamed with Deloitte. Ramadi continued, “This lending service addresses these inefficiencies by quickly getting small businesses the economic relief they need.”.

Lending 160

Lending Meeting Technology Security 160

PYMNTS

OCTOBER 8, 2020

Berlin's Mambu is partnering with New Zealand digital lending platform Ranqx , which will use Mambu's API-first digital banking platform to provide digital lending experiences, loan origination, decisioning and monitoring for small- to medium-sized businesses (SMBs), according to a press release.

Lending 141

Lending Customer Experience Digital Banking Innovation 141

PYMNTS

JANUARY 22, 2020

Commercial cards remain only a fraction of the B2B payments space, but FinTech firms, banks and other financial service providers continue to develop new solutions aimed at boosting adoption. For companies like SmartEquip and Unified Payments Group , that means introducing new ways to lift the burden of suppliers accepting cards.

Cards 131

Cards New York Lending Strategy 131

Payments Dive

FEBRUARY 13, 2020

Mike Rittler, general manager of retail card services and personal lending at TD Bank, shares his insight on trends, transformative innovation and how the 'traditional check out' experience is on its way out.

Lending 419

Lending Trends Innovation Retail 419

PYMNTS

NOVEMBER 16, 2020

American Express has enhanced its Early Pay system with digital payment features aimed at giving large businesses greater control over their ability to make and receive B2B payments, the company announced Monday (Nov. Early Pay allows suppliers to optimize cash flow by encouraging early payments in exchange for discounts.

Payments 192

Payments Cards System Strategy 192

PYMNTS

FEBRUARY 8, 2019

marketplace lending company Funding Options is teaming up with Caxton FX to introduce a prepaid multi-currency payment card for small businesses (SMBs). The solution is designed to help small businesses manage spend while traveling across borders, the companies said in a press release on Thursday (Feb. ” U.K.

Cards 152

Cards Lending Management Operations 152

PYMNTS

JANUARY 8, 2020

There is more than one way to drive commercial card innovation. For corporate buyers, adoption can stem from opportunities around rewards and rebates, elevated transparency, fewer hidden fees and data integrations with other back-office financial management tools. Uber Jumps Into Biz Card Rewards. A Focus On Transparency.

Cards 131

Cards Lending Data Georgia 131

CFPB Monitor

DECEMBER 13, 2021

The report discusses the Bureau’s examinations in the areas of credit card account management, debt collection, deposits, fair lending, mortgage servicing, payday lending, prepaid accounts, and remittances that were completed between January 2021 and June 2021. Credit card management. Fair lending.

Lending 78

Lending Cards Regulation Payments 78

PYMNTS

FEBRUARY 21, 2019

Apple and Goldman Sachs, through joint efforts, will issue a credit card that links with the iPhone, the Wall Street Journal reported on Thursday (Feb. The new card is aimed at helping consumers with money management, and bringing the companies into new areas of business.

Apple 172

Apple Cards Report Lending 172

BankBazaar

JANUARY 25, 2024

What have your Credit Card ’s ancestors been up to? There’s probably nothing new we can tell you about the Credit Card. Today, we’re aiming at remedying that, so we’re all left with a new-found respect for our spend-friends and who knows, maybe it’ll just inspire us to go find the right Credit Card to fit our finances!

Cards 78

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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

PYMNTS

JUNE 8, 2020

Indian FinTech Infibeam Avenues , which works in digital payment and eCommerce solutions, has bought all shares of Cardpay Technologies, which provides payment and invoice technology, in an all-stock deal. In the announcement , the companies said the acquisition will help Ahmedabad-based Infibeam offer better B2B payment services.

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PYMNTS

JANUARY 15, 2021

But presentation materials that accompanied the results showed that of the reserve released in the quarter, $900 million came from the consumer side of the book, so to speak, and were released from home lending. Reserves were held flat on the card business, standing currently at $17.8 Card average loans stood at $141.2

Management 151

Management Mobile Conference Lending 151

FICO

MAY 30, 2022

The FICO Credit Market Report for March 2022 shows that repayments remain a priority for credit card holders, suggesting that there will be greater reliance on credit over the coming months as the cost-of-living crisis deepens due to higher inflation. Average card spend drops marginally by just under 2 percent compared to February.

Cards 52

Cards Report Payments Trends 52

PYMNTS

APRIL 30, 2020

Cloud banking platform Mambu will help business banking platform Tide expand its services , including innovations in releasing larger overdrafts, credit cards and invoice financing, according to a press release from Mambu. The company noted that late payments had totaled a loss of 50 billion pounds for U.K. In the U.K.,

Cards 141

Cards Comparison Lending Tools 141

PYMNTS

SEPTEMBER 4, 2019

The Hong Kong Monetary Authority has, as finews.asia reported this past week, amended its credit risk management guidelines in a way that seeks to boost the embrace of analytics when lending to smaller firms. The solution ensures compliance with the second payment services directive (PSD2).

Lending 134

Lending Fintech Guidelines Meeting 134

CFPB Monitor

NOVEMBER 21, 2022

The report discusses the Bureau’s examinations in the areas of auto servicing, consumer reporting, credit card account management, debt collection, deposits, mortgage origination, mortgage servicing, and payday lending that were completed between January 1, 2022 and June 31, 2022. Credit card account management.

Report 78

Report Cards Lending Management 78

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.

Cards 158

Cards Las Vegas Innovation Mobile 158

PYMNTS

NOVEMBER 16, 2020

American Express has enhanced its Early Pay system with digital payment features aimed at giving large businesses greater control over their ability to make and receive B2B payments, the company announced Monday (Nov. Early Pay allows suppliers to optimize cash flow by encouraging early payments in exchange for discounts.

Payments 132

Payments Cards System Strategy 132

PYMNTS

AUGUST 3, 2017

Pivotal Payments unit GlobalOnePay is partnering with InvoiceASAP to lend invoice-to-pay solutions to joint clients. In an announcement Wednesday (August 2), GlobalOnePay said it is now the exclusive payments provider for InvoiceASAP to facilitate payment capabilities within its invoicing solution.

Cards 101

Cards Payments Tools America 101

PYMNTS

MAY 8, 2020

Joining Karen Webster for the latest edition of This Week In Payments, Spreedly CEO Justin Benson sat down to remotely chat about the recent run of earnings and what they mean for the payments and commerce ecosystem’s long-term prospects. PayPal, Square and the Power of Scale in Payments .

Lending 187

Lending Payments Exercises Report 187

PYMNTS

DECEMBER 12, 2018

Cryptocurrency-backed lending platform Cred is opening up its technology to third-party developers, the company has announced. 11), Cred revealed the rollout of its developer platform CredX (not to be confused with the new credit card accounts payable solution recently launched by Finexio ). In a press release on Tuesday (Dec.

Lending 139

Lending blockchain cryptocurrency Bitcoin 139

PYMNTS

JANUARY 16, 2020

Prepaid corporate card solution provider Soldo is teaming up with NatWest to connect joint business customers to small business loan solutions. 16) in Verdict.co.uk , Soldo’s business users will gain access to small business lending services from NatWest, including the financial institution’s Esme Loans and Rapid Cash services.

Cards 131

Cards Innovation Lending Strategy 131

PYMNTS

FEBRUARY 4, 2020

Alternative lending firm Kabbage is introducing a new loan product that offers customized cash flow solutions to small and medium-sized businesses (SMBs), the payments startup announced on Tuesday (Feb. The new loan product for Kabbage Payments customers aims to give U.S. New Kabbage Payments customers start with a rate of 2.25

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Tampa Payments Training Florida 154

PYMNTS

JANUARY 27, 2020

In the wake of the financial crisis, banks’ pullback from small- to medium-sized business (SMB) lending yielded a flood of technology-driven players stepping in to fill the SMB credit gap. But addressing SMB lending friction isn’t just about connecting borrowers and lenders at the moment an SMB needs capital, he said.

Lending 157

Lending Online Capital Data 157

PYMNTS

DECEMBER 30, 2019

In an interview with Karen Webster, Farhan Ahmad, founder and CEO at B2B payments solution provider Bento for Business , took note of the fact that half of all small to medium-sized businesses (SMBs) cite cash flow management as their biggest challenge. To keep the bottom line buoyant, healthy and in the black: Plug the expense leaks.

Management 132

Management Cards Examples ATM 132

PYMNTS

MARCH 30, 2018

When it comes to faster payments, B2B payments aren’t necessarily chomping at the bit for the capability. The vast majority of that volume and value, however, was in the form of business-to-consumer payments, while B2B transactions accounted for just 6 percent of this activity. Faster payments are “the No. and Canada.”.

Cards 133

Cards Payments Innovation Industry 133

PYMNTS

APRIL 8, 2019

the latest evidence has suggested that entrepreneurs are holding onto their financial confidence — though it may be changing the ways they manage company cash. Only a small portion (researchers did not reveal exact statistics) said they prefer checks, funds loaded to a prepaid debit card or PayPal to receive their financing.

Management 129

Management Strategy Survey Capital 129

PYMNTS

MARCH 2, 2020

Corporate payments innovation has cast a wide net to tackle the many pain points businesses experience today, with accounts payable (AP) one of the most popular targets for disruptors. But supplier payments are far from the only scenario in which businesses face friction when initiating a transaction.

Payments 151

Payments Cards Meeting Lending 151

PYMNTS

JANUARY 22, 2020

Provident Bank, a New Jersey-based financial institution (FI), will issue a comprehensive suite of commercial payment solutions in conjunction with First Bankcard. Macko, senior vice president, director of corporate cash management. The corporate card program has higher limits to accommodate individual client spending habits.

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Omaha Payments New Jersey Cards 131

PYMNTS

OCTOBER 10, 2016

Alternative lending platforms integrating with providers of other financial services has become a new norm. Just look at SAP Ariba , which integrated PrimeRevenue’s supply chain financing into its spend management platform, or Reckon , a small business accounting platform that recently rolled out an SME lending feature thanks to Prospa.

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