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.

B2B FinTech Funding Creates Another Unicorn
B2B FinTech Funding Creates Another Unicorn
May 07, 2021  |  B2B Payments

After several weeks of B2B FinTech funding activity, the market has cooled a bit with about $220 million in total investment for the sector. Saudi...

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Virtual Card Investments Heat Up To Help Firms Spend Wisely
Virtual Card Investments Heat Up To Help Firms Spend Wisely
May 05, 2021  |  B2B Payments

With interest in and adoption of corporate card products heating up, financial institutions (FIs) are turning toward collaboration to elevate their offerings for small businesses...

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Boost Raises $22 Million To Expand Commercial Card Tech Solutions
Boost Raises $22 Million To Expand Commercial Card Tech Solutions
May 04, 2021  |  Investments

Boost Payment Solutions has closed a $22 million Series C funding round, the B2B payments optimization firm announced on Tuesday (May 4). Boost, which works...

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Brex Leads A Busy Week In B2B FinTech Funding
Brex Leads A Busy Week In B2B FinTech Funding
April 30, 2021  |  B2B Payments

Corporate card startup Brex made headlines this week with its funding round that propelled its valuation to $7.4 billion. It was certainly the largest deal...

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Cards Take The Lead In Employee Spend Management
Cards Take The Lead In Employee Spend Management
April 21, 2021  |  B2B Payments

This week’s examination of commercial card innovation is all about managing employee spend. Visa dug deeper into the corporate T&E space with a new partnership,...

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Spend Management Boosts The Commercial Card Value Prop
Spend Management Boosts The Commercial Card Value Prop
April 01, 2021  |  B2B Payments

Card issuers and FinTechs continue to explore ways to add value to corporate card products to drive up adoption. This week’s Commercial Card Innovation Tracker...

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Suppliers Drive Focus On Taking Virtual Commercial Cards Global
Suppliers Drive Focus On Taking Virtual Commercial Cards Global
March 23, 2021  |  B2B Payments

Corporates continue to lower their guard against digitization, embracing electronic B2B payments as they press ahead in their modernization efforts. Over the past several months,...

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The Corporate Card Seeks Broader Value Propositions
The Corporate Card Seeks Broader Value Propositions
March 03, 2021  |  B2B Payments

There is more than one reason that a business may want to adopt a corporate card, and this week’s Commercial Card Innovation Tracker looks at...

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B2B Subscriptions Reckon With The Risk Of Failed Payments
B2B Subscriptions Reckon With The Risk Of Failed Payments
February 25, 2021  |  B2B Payments

With Software-as-a-Service now a foundational technology for many organizations, the subscription payment model has proven valuable for both payer and payee. On the payer side,...

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