virtual cards

76% of SMBs Say Pandemic Caused Them to Enhance Their Digital Payments Capabilities

76% of SMBs Say Pandemic Caused Them to Enhance Their Digital Payments Capabilities
76% of SMBs Say Pandemic Caused Them to Enhance Their Digital Payments Capabilities
November 01, 2021  |  B2B Payments

During the pandemic-driven digital transition, much of the business world has stopped using paper in B2B transactions. In response to new cash flow crunches, shifting...

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NEW DATA: Payments Automation Can Reduce Firms’ DSO by 22%
NEW DATA: Payments Automation Can Reduce Firms’ DSO by 22%
October 29, 2021  |  Payments Innovation

Businesses in the United States and Canada have a receivables problem. Firms in both nations say they wait much longer to receive payments now than...

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Extend Grabs $40M for Development, Expansion
Extend Grabs $40M for Development, Expansion
October 27, 2021  |  Investments

FinTech startup Extend has raised $40 million in a Series B round, the company announced Wednesday (Oct. 27). March Capital led the latest fundraising round...

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Marqeta, Bill.com Join Forces to Create New Virtual Commercial Cards for FI Customers
Marqeta, Bill.com Join Forces to Create New Virtual Commercial Cards for FI Customers
October 27, 2021  |  Partnerships

Card issuing platform Marqeta is teaming with cloud-based software provider Bill.com to create new virtual commercial card products for Bill.com’s financial institution (FI) customers, according...

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UAE’s Mashreq, Visa Collaborate on Corporate Expense Platform
UAE’s Mashreq, Visa Collaborate on Corporate Expense Platform
October 26, 2021  |  B2B Payments

The United Arab Emirates’ Mashreq Bank is working with Visa on a digital reconciliation platform that can track, trace and analyze company expense accounts, The...

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Lending Platforms, Virtual Cards Give Banks New Tools to Compete with BNPL Pure Plays
Lending Platforms, Virtual Cards Give Banks New Tools to Compete with BNPL Pure Plays
October 26, 2021  |  BNPL

Buy now, pay later (BNPL) is having a moment — one that won’t dissipate anytime soon. More than a fad, the payment choice that allows...

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The Rise of Virtual Cards
The Rise of Virtual Cards
October 20, 2021  |  Digital Payments

In “The Way Payments Are Now Done,” 33 payment executives discuss what payments’ “new normal” looks like. “With a virtual card, the customer would be...

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Average Firm Loses $85K Annually on Purchases Made Outside of Company Policy
Average Firm Loses $85K Annually on Purchases Made Outside of Company Policy
October 19, 2021  |  B2B Payments

The shift to remote working arrangements during the pandemic has complicated some operations for finance teams, especially in employee spending. Today, 31% of finance professionals...

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