Vehicle-based payments firm Car IQ has introduced a new fuel-spend control feature. Station Controls, announced by the company Monday (Oct. 6), is part of the Car IQ Pay platform that offers fleets real-time control over fuel spend by automatically blocking high-cost stations and steering drivers...
In the race to make payments more invisible, seamless and smart, one fact can often get overlooked. Money moves most efficiently when it flows through the pipes that firms already use. In every major industry, those pipes are defined by the anchor systems that have...
Trade is adapting to the accelerating change reshaping global growth. Last year, more than $24 trillion in goods crossed borders. Roughly 80% to 90% of that trade requires some form of financing, whether from credit lines, guarantees or insurance. For decades, the dollar-dominated, bank-led machinery...
Late payments and cash flow unpredictability remain among the most pressing challenges for businesses, with nearly half of B2B invoices in North America still paid late. The latest PYMNTS Intelligence report, “Virtual Cards Cut Payment Delays and Protect Buyer-Supplier Ties,” done in collaboration with American...
After launching in the U.S., Mastercard’s Small Business Navigator is heading north. The suite of resources for things like cost savings and cybersecurity is now available in Canada, the company said in a Wednesday (Oct. 1) news release, noting more than half of that country’s small business owners...
SAP Taulia has enabled automation of the use and acceptance of its virtual cards by integrating Boost Payment Solutions’ straight-through processing technology. The automated B2B payment experience delivered by this collaboration will eliminate friction, reduce risk and accelerate cash flow, the companies said in a...
The relationship between corporate chief financial officers and treasurers and their banks has always been central to business growth, but it is entering a new era. Executives expect more than basic lending or routine treasury services; they look to their banking partners as strategic allies...
Billing and monetization platform OneBill has introduced a tool designed to stop revenue leakage. RevAssure360, announced Wednesday (Sept. 24), is an artificial intelligence (AI) powered “command center” that can help businesses predict, identify and stop revenue leakage in real time, while also getting insights for sustainable growth. “In...
Today’s business environment demands new ways of thinking about B2B payments. For decades, accounts payable (AP) has been slowed by paper-based processes, siloed systems and late settlements that disrupt supplier relationships. Embedded finance is helping to reorder the equation, moving payments and financing into the...