Virtual Cards news and trends

Booking.com Forms Virtual Card Partnership With WEX
Travel Payments // April 25, 2024

Global commerce platform WEX has launched a virtual card partnership with Booking.com. The new arrangement, announced in a news release Thursday (April 25), expands on the two companies’ 11-year-old partnership, with WEX becoming Booking.com’s virtual card provider and WEX’s payment solutions supporting Booking.com’s travel-related products and services sales. “Building...

This Week in B2B: Enterprise Metaverses, AI Accountants, Virtual Cards
B2B Payments // April 25, 2024

Innovation is a key factor in any company’s ability to succeed in the long run.  And so are the ways in which they pay and get paid. That’s why, within the B2B payments landscape, innovation plays a crucial role in enabling businesses to streamline processes,...

Nium and Thredd Launch APAC Virtual Card Partnership
B2B Payments // April 24, 2024

Cross-border payments platform Nium and payments processor Thredd have expanded their partnership. As Thredd said in a Wednesday (April 24) news release, this expansion will allow Nium issue virtual cards in the Asia-Pacific (APAC) region. “APAC presents a substantial opportunity for global travel intermediaries that will in turn spur robust...

Virtual Cards Set to Transform Buyer-Supplier Relationships
B2B Payments // April 23, 2024

Management guru Peter Drucker once said that “wherever you see a successful business, somebody made a courageous decision.” That’s the spirit behind the Certainty Project, a study from PYMNTS Intelligence highlighting the implications of decision-making in financial operations.  And according to a recent panel discussion of industry heavyweights...

Interviews & Exclusives
Virtual Cards Set to Transform Buyer-Supplier Relationships

April 23, 2024
Management guru Peter Drucker once said that “wherever you see a successful business, somebody made a courageous decision.” That’s the spirit behind the Certainty Project, a study from PYMNTS Intelligence highlighting the implications of decision-making in financial operations.  And according to a recent panel discussion of industry heavyweights that featured Robin Boudsocq, head of B2B Commercial Cards at […]

Mastercard Brings Commercial Cards to Digital Wallets

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...

Digital Innovation Continues to Shift B2B Healthcare Market

April 08, 2024
Healthcare is its own unique beast, from payments to marketing strategies to the intricacies of its supply chain. The sector is witnessing a transformation, especially in the B2B domain. Digital...

Money Mobility and Embedded Payments Recast the Concept of Banking

March 20, 2024
Ingo Payments CEO Drew Edwards told PYMNTS’ Karen Webster that the very definition of what a bank is — what it does and what it can do — is changing. Ask anyone working...

Quick Reads
Booking.com Forms Virtual Card Partnership With WEX

April 25, 2024
Global commerce platform WEX has launched a virtual card partnership with Booking.com. The new arrangement, announced in a news release Thursday (April 25), expands on the two companies’ 11-year-old partnership, with WEX becoming Booking.com’s virtual card provider and WEX’s payment solutions supporting Booking.com’s travel-related products and services sales. “Building on years of working together, we remain committed to delivering […]

Nium and Thredd Launch APAC Virtual Card Partnership

April 24, 2024
Cross-border payments platform Nium and payments processor Thredd have expanded their partnership. As Thredd said in a Wednesday (April 24) news release, this expansion will allow Nium issue virtual cards in the Asia-Pacific (APAC) region....

JPMorgan and Codat Team to Drive Virtual Card Adoption

April 16, 2024
Business data API provider Codat and JPMorgan Chase have teamed to promote virtual card adoption. It’s the thinking behind the launch of Codat’s Supplier Enablement data product. Announced Tuesday (April 16), it lets businesses...

Airwallex Debuts Borderless Visa Card for Canadian Businesses

April 10, 2024
Airwallex has launched the Borderless Visa Card for businesses in Canada. The virtual card, announced Wednesday (April 10), is issued by Peoples Trust Company and lets Canadian businesses make payments anywhere Visa is accepted....