B2B Payments

B2B Payments
Avidbank Taps CorServ to Launch New Commercial Credit Card Program
May 16, 2024

California-based Avidbank has tapped CorServ to help launch a new credit card program for the bank’s commercial customers. Avidbank transitioned from its previous program to CorServ’s Account Issuer program, the companies said in a Tuesday (May 14) press release. The new program provides Avidbank’s commercial customers with better choices...

B2B Payments
This Week in B2B Innovation: Globalization, Digitization and Better Payments 
May 16, 2024

The B2B landscape is built atop a foundation of innovation designed to meet business needs. And with the news that U.S. corporate bankruptcies have reached their highest level since April 2023, there are a lot of business needs out there in the marketplace to inspire innovation....

B2B Payments
Dwolla and Visa Partner on Account Verification for Pay-by-Bank
May 16, 2024

Dwolla and Visa have partnered to make it easier for mid- to enterprise-size businesses to use pay-by-bank to pay and get paid. With this collaboration, Visa’s open banking solutions are integrated into Dwolla’s account-to-account (A2A) payment technology, the companies said in a Thursday (May 16)...

B2B Payments
Tassat and Glasstower Partner on B2B Payments for Multinational Corporations
May 16, 2024

Tassat Group and Glasstower Digital have partnered to facilitate cross-border digital B2B payments. This collaboration aims to provide multinational corporate institutions with secure, immediate, and cost-effective solutions for cross-border payments, the companies said in a Thursday (May 16) press release. By leveraging blockchain technology and...

B2B Payments
Worldline and Visa Partner on Virtual Card Issuing Solution
May 14, 2024

Worldline has partnered with Visa to launch a virtual card issuing solution focused on the online travel agency (OTA) market. With access to this dedicated B2B virtual card program, OTAs will be able to pay suppliers more quickly and securely, the companies said in a...

B2B Payments
Expensify Adds Unlimited Virtual Cards to Spend Management Platform
May 13, 2024

Expensify has added unlimited virtual cards to its spend management platform. With the new Expensify Visa Commercial Card, businesses can manage all their expenses across employees and merchants, including both one-time and recurring expenses, the company said in a Monday (May 13) press release. “Managing...

B2B Payments
Instant B2B Payments Reshape Buyer-Supplier Dynamics
May 10, 2024

The B2B payments landscape is uniquely large, and largely unique. Responsible for around $125 trillion in annual volume, the B2B payments marketplace is defined by both its antiquated status quo and the fact that no two business are alike in the ways in which they...

B2B Payments
Wells Fargo Launches Business Credit Card With Cash Rewards
May 10, 2024

Wells Fargo has launched a business credit card designed to provide easy-to-understand cash rewards. The new Signify Business Cash Worldwide Elite Mastercard offers unlimited 2% cash rewards on business purchases, with no annual fee and no caps or categories to track, the financial services company said in a...

B2B Payments
PhotonPay and Discover Partner on Commercial Card for Cross-Border Businesses
May 10, 2024

Hong Kong-based global payment platform PhotonPay and Discover Global Network have partnered to launch a new commercial card designed for cross-border businesses. With this collaboration, the new PhotonPay Commercial Card can be used on the Discover Global Network, providing cardholders with seamless B2B and B2C...