Search results for "commercial cards"

April 15, 2024
Lloyds Bank Appoints Linda Weston as Head of Commercial Cards

Lloyds Bank Business & Commercial Banking has appointed Linda Weston to the newly created position of head of commercial cards, effective in June. Weston will join the bank with 25...


April 12, 2024
Citigroup Watches Spending; Sees Digital Engagement Rising

Citigroup’s latest results took note of continued spending on credit cards but there were some notes of caution in the mix. The earnings materials detailed that branded card-related volumes were...


April 12, 2024
Wells Fargo Sees Brighter Days for US Consumer Spending

The opening week of first-quarter earnings season was billed as a referendum on the state of the U.S. economy, specifically consumer spending. While Wells Fargo didn’t post stellar earnings Friday (April 12) it did...


April 11, 2024
Verituity Taps Mastercard to Enable Near-Real-Time Payments for Banks

Verituity has teamed up with Mastercard to enable near-real-time payments for commercial banks and payers. This collaboration sees Verituity’s white-labeled payments platform integrating Mastercard’s portfolio of domestic and international money transfer solutions, Mastercard...


April 11, 2024
Sky-High Shift: Rising Air Cargo Demand Reshapes Supply Chain Dynamics

One if by land, two if by sea — headaches, that is. With the recent news that, after 22 years of partnership, UPS is replacing FedEx as the primary air...


April 09, 2024
Comdata Debuts Contactless Payments for EV Charging

Commercial payments firm Comdata has launched a contactless feature for its electric vehicle focused Chargepass Mastercard. As the company noted in a Tuesday (April 9) news release, the solution is designed to streamline...


April 09, 2024
Mastercard Realigns Organizational Structure, Adds ‘Data and AI’ Group

Mastercard realigned its organizational structure to support its strategic priorities and position itself for “the next era of growth.” The realignment centers on three teams: Core Payments; Commercial and New Payment...


April 08, 2024
Standardization Key to Scaling Paperless Invoices Across Fragmented B2B Marketplace  

No two businesses are exactly the same. In that sense, they join the rarified air of fingerprints and snowflakes.  But nearly all businesses do share one thing in common: the...


April 08, 2024
Sunrate Adds Apple Pay to Payment and Treasury Management Platform

Sunrate has added Apple Pay to its global payment and treasury management platform. This new option offers the company’s commercial credit card customers a safer, more secure and private way to pay, Sunrate...


Businesses Give Commercial Cards a Fresh Look

Commercial Card Adoption Poised to Rise as Acceptance Costs Decrease

Commercial cards have historically faced stiff headwinds in the B2B payments space, but PYMNTS’ latest research finds that high interest rates, lower effective working-capital costs and a growing willingness to negotiate fees are creating the perfect environment for companies to rethink their stance. Read more in “The Treasury Management Playbook: Businesses Give Commercial Cards a Fresh Look,” a collaboration with Citi.