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 years of experience in the cards and payments industry, including roles at Barclaycard Payments, J.P....
When it comes to business-to-business (B2B) payments, it’s easy to get blindsided by the staggering $100 trillion-plus annual transaction volume and miss the real action. It’s not about the money moving around; it’s about the current friction associated with workflows and data handling that set...
Against today’s shifting macroeconomic backdrop, companies are prioritizing their agility and ability to react to unforeseen events. Increasingly, firms are backing that ability up with savvy working capital management strategies that leverage commercial and virtual cards to manage their B2B spend, ensuring that there is enough capital...
Teamwork makes the dream work — particularly within B2B payments. That’s because, among other benefits, partnerships and collaboration are essential for fostering innovation, customer satisfaction, adaptability to market changes and above all, optionality, for commercial players. “When companies take a one-size-fits-all approach [to payments], it...
April 18, 2024
Continuing the industry’s migration of business payments and expense management to digital platforms, Mastercard announced today (April 18) that it is bringing its commercial cards to mobile wallets. The move comes in the form of a mobile virtual card app engineered to provide financial institutions with options for delivering secure, contactless payment services—a demand increasingly voiced by […]
March 26, 2024
When it comes to business-to-business (B2B) payments, it’s easy to get blindsided by the staggering $100 trillion-plus annual transaction volume and miss the real action. It’s not about the money...
March 05, 2024
Teamwork makes the dream work — particularly within B2B payments. That’s because, among other benefits, partnerships and collaboration are essential for fostering innovation, customer satisfaction, adaptability to market changes and...
February 22, 2024
The right borrowing tools can have a big impact on small businesses’ future growth prospects. That’s because small and medium-sized businesses (SMBs) commonly face a number of challenges related to...
April 15, 2024
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 years of experience in the cards and payments industry, including roles at Barclaycard Payments, J.P. Morgan and RBS, Lloyds Bank said in a press release […]
February 14, 2024
Visa and Mastercard have reportedly paused intermediated commercial card payments in India following an order by the country’s financial market regulator. The Reserve Bank of India (RBI) directed the firms to...
October 19, 2023
Citi and Navan have launched a new travel and expense system for Citi Commercial Bank (CCB) cardholders, the companies said Thursday (Oct. 19). This collaboration combines Navan’s all-in-one solution with...
August 17, 2023
Ohio-based Peoples Bank has implemented Corserv‘s credit card program. This partnership aims to revolutionize the banking experience for Peoples Bank’s diverse customers, including commercial, small business, nonprofit, local municipalities and consumer clients, the...