Commercial Payments

Commercial Payments
Regions Bank Debuts Business Bills, Communication Platform
August 07, 2023

Regions Bank has introduced new ways for business clients to manage customer billing and communications. The company announced Monday (Aug. 7) that its business clients now have access to customer communications management software, called Expresso from Nordis Technologies, that lets clients create, deliver and track communications to...

Commercial Payments
PHX Ventures to Invest in Arizona’s High-Growth B2B Software Companies
August 03, 2023

PHX Ventures has announced an over-subscription of its second fund at $25.4 million to invest in Arizona’s high-growth B2B software companies. Founded by software entrepreneur Gregg Scoresby, the seed-stage venture capital (VC) firm was created to fill a gap in the state’s local software industry, providing institutional-quality,...

Commercial Payments
How CFOs Can Seamlessly Navigate the Rise of Employee-Initiated Spend
August 02, 2023

The operating environment’s ongoing digital transformation has created an increasingly dynamic reality for organizations. One area where this impact can be seen is the new normal of hybrid work, which presents an emergent suite of obstacles that companies are grappling with — particularly regarding the...

Commercial Payments
Shopify Picks Ramp as Its Expense Management Provider
August 01, 2023

Finance automation platform Ramp says Shopify has chosen it to provide expense management expertise. And in turn, the company announced Tuesday (Aug. 1) Ramp has used the guidance of Shopify and customers like it to launch a new version of its flagship product, dubbed “Ramp Plus.” “Our needs are incredibly...

Commercial Payments
Brex Adds AI-Powered AP Solution to Global Spend Platform
August 01, 2023

Brex has added an artificial intelligence (AI)-powered accounts payable (AP) solution to its global spend platform. The new Payables solution combines enhanced bill pay capabilities and purchase cards and is designed to offer AP teams the controls they need while also giving employees the flexibility they...

Commercial Payments
Generative AI Streamlines B2B eCommerce by Clearing Back-End Bottlenecks 
July 31, 2023

Personalization will always win vis-à-vis a one-size-fits-all approach. And that is increasingly true, even across commercial and B2B engagements.  But an effective program that leverages contextual clues to provide a bespoke experience is a heavy technical and cost lift — even across consumer-focused digital platforms,...

Commercial Payments
90% of CFOs Want Automation to Fix Payments Errors and Delays
July 26, 2023

As economic angst keeps grabbing headlines worldwide, it becomes increasingly important for businesses to look at how technology can create manageability. Accounts receivable (AR) automation is one such area, crucial to a business’s operations when steady cash flow is needed most. In Accounts Receivable Automation Smooths...

Commercial Payments
Commercial Payments Trades Legacy Processes for Modern Digital Efficiencies
July 26, 2023

Today’s macro climate has firms of all shapes and sizes sharpening their go-forward strategies.  And when faced with the question of buy, build or partner, sometimes it makes sense to do all three.  After all, larger firms can buy with an eye toward building atop...

Commercial Payments
American Express’ New Sync Program Brings Virtual Card On-Demand to U.S. Business Customers
July 25, 2023

American Express has rolled out its Sync Commercial Partner Program to help improve the workflow between technology organizations that serve businesses in the U.S. and American Express. The program, launched on Tuesday (July 25), will offer FinTechs and software providers access to a broad range...