Straight Through Processing news and trends

Boost and Esker Partner to Automate B2B Virtual Card Payments
B2B Payments // September 05, 2023

Boost Payment Solutions and Esker have partnered to fully automate virtual card processing for accounts receivable (AR) departments. The collaboration seeks to streamline payment reconciliation and eliminate manual efforts, offering greater efficiency and simplicity to the virtual card acceptance process, the companies said in a Tuesday (Sept. 5) press...

Canadian Businesses Swap Checks for Commercial Cards
B2B Payments // December 20, 2022

Checks remain a key B2B payment method in Canada, but commercial cards are changing that. A driving force behind this is the partnership of New York-based Boost Payment Solutions and Toronto-based payment processor Moneris, as the latter is bringing more of Boost’s commercial card and...

Corporate Cards’ Adoption Strategy: Lessen Friction, Sweeten The Deal
B2B Payments // August 04, 2021

When it comes to commercial card adoption, issuers and FinTechs can either reduce the friction of using and accepting cards, or they can sweeten the deal to encourage more traction. This week’s look at the latest in commercial card innovation explores how industry players wield...

Payment Rail Innovators Focus On B2B Payments Data
B2B Payments // June 30, 2020

Whether building solutions on existing rails like ACH, or developing new infrastructure to bypass legacy tools, payment rail innovators are placing a new emphasis on data. This week’s exploration of Payment Rail Innovation finds industry players including Nacha and Boost Payment Solutions emphasizing B2B payment...

Interviews & Exclusives
Canadian Businesses Swap Checks for Commercial Cards

December 20, 2022
Checks remain a key B2B payment method in Canada, but commercial cards are changing that. A driving force behind this is the partnership of New York-based Boost Payment Solutions and Toronto-based payment processor Moneris, as the latter is bringing more of Boost’s commercial card and straight-through processing (STP) capabilities to Canadian businesses. In a recent […]

Automate Or Stagnate: The Accounts Payable No-Choice Choice

March 13, 2019
Inertia is a powerful, if unhelpful, force in business. A process doesn’t necessarily have to be good or useful to get a contingent of people attached — it just has...

Quick Reads
Amex and Boost Join Forces on Virtual Card Processing

October 01, 2024
American Express has teamed with Boost Payment Solutions to provide commercial virtual card processing services. The offering, open to U.S. merchants that accept American Express (Amex), provides access to Boost’s straight-through-processing (STP) solution Intercept, the companies said in a Tuesday (Oct. 1) news release. “This collaboration will enable suppliers to streamline acceptance of American Express virtual cards and minimize […]

Boost and Esker Partner to Automate B2B Virtual Card Payments

September 05, 2023
Boost Payment Solutions and Esker have partnered to fully automate virtual card processing for accounts receivable (AR) departments. The collaboration seeks to streamline payment reconciliation and eliminate manual efforts, offering greater efficiency and...