PYMNTS-MonitorEdge-May-2024

CorPay

Corpay Renews FX Payments Pact With World Aquatics
Corpay Renews FX Payments Pact With World Aquatics
November 18, 2024  |  Partnerships

Corpay is extending a payments partnership with international aquatic sports governing body World Aquatics. The agreement will see Corpay’s cross-border business continue to serve as...

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Corpay Vehicle Payments Business Helps Drive Profit
Corpay Vehicle Payments Business Helps Drive Profit
November 10, 2024  |  B2B Payments

The corporate and vehicle payments business has been very good to Corpay. The business payments firm’s most recent quarterly earnings, reported Thursday (Nov. 7), showed a...

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This Week in B2B: Unlocking Working Capital With Cards and Automation
This Week in B2B: Unlocking Working Capital With Cards and Automation
October 03, 2024  |  B2B Payments

It’s the dawn of a new era in B2B. New technologies are simplifying workflows, streamlining buyer-supplier transactions, and improving transparency — and the technical lift...

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Corpay and AbbeyCross Launch Foreign Exchange Partnership
Corpay and AbbeyCross Launch Foreign Exchange Partnership
October 01, 2024  |  Partnerships

Corpay has announced a cross-border payments partnership with foreign exchange (FX) marketplace AbbeyCross. The collaboration is designed to provide FX payment services to emerging markets via the new...

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Taking Control of Costs: New Tech Makes Business Spend Management Easier
Taking Control of Costs: New Tech Makes Business Spend Management Easier
September 12, 2024  |  B2B Payments

For corporates, the goal, especially in the current inflationary environment, is to squeeze margins higher. There are two levers to pull, ideally working simultaneously: increasing...

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Cross-Border eCommerce Is Reshaping B2B Procurement
Cross-Border eCommerce Is Reshaping B2B Procurement
August 20, 2024  |  B2B Payments

The complexity of the business-to-business (B2B) space is primarily what causes it to lag consumer-facing innovations. B2B transactions and the regulations they are subject to...

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Real-Time Treasury Transformations Define This Week in B2B Innovation
Real-Time Treasury Transformations Define This Week in B2B Innovation
August 15, 2024  |  B2B Payments

Technology is transforming the B2B space, not at a trickle but a flood of new, digital innovation. From accounts payable (AP) and accounts receivable (AR)...

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Corpay Teams With Finzly to Streamline Foreign Exchange Payments
Corpay Teams With Finzly to Streamline Foreign Exchange Payments
August 14, 2024  |  Cross-border Payments

Payments solutions firm Finzly says it has launched a partnership with corporate payments company Corpay. The collaboration, announced Wednesday (Aug. 14), combines Finzly’s foreign exchange...

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Corpay Reduces Bad Debt Expense 20% by Targeting Larger Fleets
Corpay Reduces Bad Debt Expense 20% by Targeting Larger Fleets
August 07, 2024  |  Earnings

Corpay is pursuing different projects in different regions as it works to grow its fleet payments business. During the second quarter, the corporate payments company’s...

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