virtual cards

Missing, Inaccurate Procurement Data Costs B2B Firms $600B a Year
Missing, Inaccurate Procurement Data Costs B2B Firms $600B a Year
November 19, 2021  |  B2B Payments

The widespread shift to remote work is fundamentally changing the procurement process. Historically, businesses have managed B2B payments in centralized offices, where employees could easily...

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Conferma Pay, Boost Partner to Drive Supplier Payments With Virtual Cards
Conferma Pay, Boost Partner to Drive Supplier Payments With Virtual Cards
November 16, 2021  |  B2B Payments

B2B virtual payment platform Conferma Pay and B2B payment gateway Boost Payment Solutions are teaming up to offer commercial card issuers and their corporate clients...

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Canadian FinTech Float Nets $30M for Its V-Card, Spend Management Offerings
Canadian FinTech Float Nets $30M for Its V-Card, Spend Management Offerings
November 15, 2021  |  Investments

Float, a corporate card and spend management platform, has raised $30 million in a Series A funding round, FinTech Futures reported. The company’s total funding...

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76% of SMBs Say Pandemic Caused Them to Enhance Their Digital Payments Capabilities
76% of SMBs Say Pandemic Caused Them to Enhance Their Digital Payments Capabilities
November 01, 2021  |  B2B Payments

During the pandemic-driven digital transition, much of the business world has stopped using paper in B2B transactions. In response to new cash flow crunches, shifting...

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NEW DATA: Payments Automation Can Reduce Firms’ DSO by 22%
NEW DATA: Payments Automation Can Reduce Firms’ DSO by 22%
October 29, 2021  |  Payments Innovation

Businesses in the United States and Canada have a receivables problem. Firms in both nations say they wait much longer to receive payments now than...

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Extend Grabs $40M for Development, Expansion
Extend Grabs $40M for Development, Expansion
October 27, 2021  |  Investments

FinTech startup Extend has raised $40 million in a Series B round, the company announced Wednesday (Oct. 27). March Capital led the latest fundraising round...

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Marqeta, Bill.com Join Forces to Create New Virtual Commercial Cards for FI Customers
Marqeta, Bill.com Join Forces to Create New Virtual Commercial Cards for FI Customers
October 27, 2021  |  Partnerships / Acquisitions

Card issuing platform Marqeta is teaming with cloud-based software provider Bill.com to create new virtual commercial card products for Bill.com’s financial institution (FI) customers, according...

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UAE’s Mashreq, Visa Collaborate on Corporate Expense Platform
UAE’s Mashreq, Visa Collaborate on Corporate Expense Platform
October 26, 2021  |  B2B Payments

The United Arab Emirates’ Mashreq Bank is working with Visa on a digital reconciliation platform that can track, trace and analyze company expense accounts, The...

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Lending Platforms, Virtual Cards Give Banks New Tools to Compete with BNPL Pure Plays
Lending Platforms, Virtual Cards Give Banks New Tools to Compete with BNPL Pure Plays
October 26, 2021  |  Buy Now Pay Later

Buy now, pay later (BNPL) is having a moment — one that won’t dissipate anytime soon. More than a fad, the payment choice that allows...

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