To enable greater efficiency and quicker access to working capital for buyers and suppliers, Mastercard has unveiled the rollout of the TrackTM Business Payment Service in the U.S. The offering provides increased control over payments and enhanced data exchanges, enabling automated reconciliation for suppliers as well as...
Enterprise spend management solution provider Coupa is expanding its offering with new features and a partnership with American Express, the companies said Wednesday (Nov. 6). In a press release, Coupa announced the launch of Source Together, a solution allowing businesses to harness the power of...
Mastercard is launching a new business-to-business (B2B) payment ecosystem to streamline and simplify transactions between suppliers and sellers. The Mastercard Track Business Payment Service is the first global open-loop commercial service built to automate payments between the world’s suppliers and buyers. “The business world has...
Mastercard announced it has joined the Marco Polo Network. The network — and its more than 25 member banks — aims to unlock a potential $1.5 trillion opportunity in global trade finance. Mastercard Track, a B2B global trade enablement platform, will be working with the...
September 13, 2018
It takes an average of 16 friction-filled, often paper-intensive days for a buyer to onboard a supplier. Mastercard and Microsoft have teamed to launch Mastercard Track, a digital platform to fast-track trade between trading partners by streamlining the supplier discovery, vetting and onboarding process. Carlos Menendez, Mastercard president of enterprise partnerships at Mastercard, and George Zinn, corporate VP and treasurer at Microsoft, tell Karen Webster how buyer-supplier networks plan to use Track to streamline trade and build trust.
September 12, 2019
Mastercard is launching a new business-to-business (B2B) payment ecosystem to streamline and simplify transactions between suppliers and sellers. The Mastercard Track Business Payment Service is the first global open-loop commercial service built to automate payments between the world’s suppliers and buyers. “The business world has accelerated, but the payments that enable it are stuck in […]
September 04, 2019
Mastercard announced it has joined the Marco Polo Network. The network — and its more than 25 member banks — aims to unlock a potential $1.5 trillion opportunity in global...
September 13, 2018
Getting suppliers onboarded takes a while – about 16 days, in fact, due in large part to manual processes. Other inefficiencies abound: Transactions are done in cash or by check....
