Purchasing Card news and trends

Prepaid Tech Buys Karmic Labs’ dash
B2B Payments // March 21, 2019

Prepaid Technologies, a provider of business payment solutions for more than 20 years, announced that it has acquired Karmic Labs‘ dash, the company’s purchasing card portfolio and expense management solution, along with other assets. The deal, which closed on March 1, has more than doubled...

P-Cards Not Reaching Their Full Procurement Potential
B2B Payments // November 19, 2018

To recognize progress, sometimes it’s necessary to look back. That’s what researchers Dr. Mahendra Gupta and Richard J. Palmer did for their “P-card Benchmark Survey,” which surveyed purchasing card (p-card) program administrators about their firms’ commercial card adoption. In a recent report for Treasury & Risk, Gupta...

Wales’ ‘Eye-Watering’ Government P-Card Spend
B2B Payments // July 25, 2016

Government officials in Wales are in hot water after reports surfaced that federal purchasing cards are being used inappropriately, BBC reports said on Friday (July 22). More than $9.8 million has been spent on Welsh government p-cards over the last five years, reports said. That...

A New Suite Of Commercial Cards Rolls Out
B2B Payments // September 15, 2015

Businesses haven’t yet fully integrated digital payment methods into their operations, but firms are increasingly turning away from paper and toward plastic for at least one mechanism, whether it be employee expense management or payroll. A new solution from U.S.-based MUFG Union Bank, however, is...

Quick Reads
A New Suite Of Commercial Cards Rolls Out

September 15, 2015
Businesses haven’t yet fully integrated digital payment methods into their operations, but firms are increasingly turning away from paper and toward plastic for at least one mechanism, whether it be employee expense management or payroll. A new solution from U.S.-based MUFG Union Bank, however, is designed for corporation’s all-around procure-to-pay needs, offing a suite of […]

Nilson Ranks Top Commercial Card Issuer

August 04, 2015
The Nilson Report has declared the year’s market leader in corporate cards. Reports published Monday (Aug. 3) revealed that Bank of America Merrill Lynch has claimed the top spot in...