PYMNTS-MonitorEdge-May-2024

corporate credit cards

Rho and Navan Integrate Corporate Cards, Travel and Expense Platform
Rho and Navan Integrate Corporate Cards, Travel and Expense Platform
May 24, 2024  |  Travel Payments

Rho and Navan have launched a unified finance suite that customers can use to manage corporate travel and expenses, enforce expense policy compliance, send payments and close the books. This co-branded...

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Study Finds Embedded Finance Innovations Keep Momentum Despite Adoption Hurdles
Study Finds Embedded Finance Innovations Keep Momentum Despite Adoption Hurdles
March 13, 2024  |  B2B Payments

The telecom and media sector is witnessing a surge in demand for embedded finance solutions, with a strong inclination toward embracing innovations such as installment...

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IndusInd Bank Launches Corporate Credit Card on RuPay Network
IndusInd Bank Launches Corporate Credit Card on RuPay Network
December 27, 2023  |  Credit Cards

IndusInd Bank has launched a corporate credit card on the RuPay network. With this launch, the new eSvarna corporate credit card will integrate Unified Payments Interface (UPI) functionality, the bank...

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A Third of Retail SMBs Don’t Use Credit for Working Capital but Want To
A Third of Retail SMBs Don’t Use Credit for Working Capital but Want To
December 08, 2023  |  SMBs

Small- to medium-sized businesses (SMBs) facing limited access to funding are turning to external sources to finance their operations. However, access to credit remains a...

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More Than 35% of Larger SMBs Use Corporate Credit Cards to Fund Growth Initiatives
More Than 35% of Larger SMBs Use Corporate Credit Cards to Fund Growth Initiatives
November 08, 2023  |  SMBs

Whether it’s driving innovation or creating employment opportunities, small and medium-sized businesses (SMBs) play a vital role in the economy.  However, one significant hurdle stands...

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Cost Deters Nearly Half of Larger SMBs From Using Corporate Credit Cards
Cost Deters Nearly Half of Larger SMBs From Using Corporate Credit Cards
November 02, 2023  |  SMBs

Access to credit is a significant challenge for many small and midsized businesses (SMBs), leaving them vulnerable to closure. According to recent data, only 47%...

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Finance Sector Small Businesses Report Above-Average Closure Risks Due to Funding Constraints
Finance Sector Small Businesses Report Above-Average Closure Risks Due to Funding Constraints
October 05, 2023  |  SMBs

Access to business financing remains a significant challenge for small- to medium-sized businesses (SMBs), with many finding it increasingly difficult to secure traditional funding from...

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Razorpay Debuts Fin Services Suite For Underbanked Businesses
Razorpay Debuts Fin Services Suite For Underbanked Businesses
November 22, 2019  |  B2B Payments

Razorpay, a large payments processing outfit in India, has introduced an array of new services to provide startups, businesses and gig workers in the country...

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Asia Corporates Replacing ACH With Cards, Citi Finds
Asia Corporates Replacing ACH With Cards, Citi Finds
October 26, 2018  |  B2B Payments

Corporates across the Asia Pacific region are increasing their use of commercial card products, according to a new report from Citi. Reports in The Asset...

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