PYMNTS-MonitorEdge-May-2024

Commercial Cards

Commercial card is a credit card issued by employers for their employees to use to make purchases on behalf of their company. Such as co-branded cards with retailers, commercial cards help businesses manage their expenses by collecting all charges made by employees into a single place. These are integrated with business expense portals to manage the companies payments.

Rapyd, Visa Promote FinTech Adoption
Rapyd, Visa Promote FinTech Adoption
February 18, 2020  |  B2B Payments

B2B FinTech-as-a-Service (FaaS) unicorn Rapyd has partnered with Visa to help small and medium-sized businesses (SMBs) expand their FinTech and payment services, Rapyd announced on...

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FinServ Starts To Draw The Line Between Freelancer And Small Business
FinServ Starts To Draw The Line Between Freelancer And Small Business
February 13, 2020  |  B2B Payments

Small business owners have historically faced a unique challenge in the banking world: Financial institutions (FIs) can sometimes fail to clearly define their small business...

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Outage Persists For WEX Fleet Fuel Cards
Outage Persists For WEX Fleet Fuel Cards
February 06, 2020  |  B2B Payments

Truckers were left with unfilled gas tanks nationwide after an outage to WEX commercial fleet fuel cards, reports indicated on Thursday (Feb. 6). The WEX...

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Corporate Cards Extend Influence Beyond The Payment
Corporate Cards Extend Influence Beyond The Payment
February 05, 2020  |  B2B Payments

Commercial card technology can ease multiple pain points in B2B payments. But as today’s industry players reveal, the commercial card opportunity is often biggest in...

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Commercial Cards: It’s All About The Data
Commercial Cards: It’s All About The Data
February 04, 2020  |  B2B Payments

Once reserved for only the largest and most sophisticated firms, automated enterprise resource planning (ERP) and accounting platforms are now accessible for even the smallest...

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Citi Commercial Cards Implements AI Call Center Solution
Citi Commercial Cards Implements AI Call Center Solution
February 03, 2020  |  Artificial Intelligence

Citi Commercial Cards is introducing an intelligent virtual agent (IVA) capability at its U.S. call centers, Citi announced on Monday (Feb. 3). Citi will harness...

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Banks, FinTechs Find New Open-Data Use Cases
Banks, FinTechs Find New Open-Data Use Cases
January 30, 2020  |  B2B Payments

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,...

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Corporate Cards Tackle Industry-Specific Pain Points
Corporate Cards Tackle Industry-Specific Pain Points
January 29, 2020  |  B2B Payments

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...

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Mastercard Propels Cardlay’s Biz Card Solution Across Europe
Mastercard Propels Cardlay’s Biz Card Solution Across Europe
January 27, 2020  |  B2B Payments

Commercial card technology company Cardlay, based in Denmark, has announced a partnership with Mastercard Europe, expanding the FinTech’s reach throughout the continent via Mastercard’s network...

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