Virtual card technology adoption is on the rise among corporates, and for good reason: single-use virtual cards not only provide protection against fraud and misuse but can allow businesses to retain greater control over employee spend when a card is generated with a specific purchase...
Corporate card innovation — and competition — are heating up as industry FinTechs pursue new funding and invest in value-added functionality. This week’s Commercial Card Tracker finds impressive funding rounds and a focus on spend management, a possible sign of accelerated B2B payments digitization and...
Corporate T&E spend may be down thanks to the continued hiatus of business trips, but that doesn’t mean commercial card activity is on the wane. In this week’s Commercial Card Tracker, PYMNTS looks at the latest quarterly figures from American Express, while new solutions in...
A breakdown of the past month in commercial cards points to the growing sophistication of the payment technology. From M&A to patent filings, from global expansions to mobile integrations, commercial card players made moves these last few weeks all in the name of more advanced...
