We are in the midst of a working capital revolution — one that is increasingly driven by innovation and made more necessary by the macroeconomic backdrop, particularly for those middle-market firms generating annual revenues between $50 million and $1 billion. As more firms seek out and put external capital to work,...
Expensify has added unlimited virtual cards to its spend management platform. With the new Expensify Visa Commercial Card, businesses can manage all their expenses across employees and merchants, including both one-time and recurring expenses, the company said in a Monday (May 13) press release. “Managing...
Hong Kong-based global payment platform PhotonPay and Discover Global Network have partnered to launch a new commercial card designed for cross-border businesses. With this collaboration, the new PhotonPay Commercial Card can be used on the Discover Global Network, providing cardholders with seamless B2B and B2C...
The B2B landscape is responsible for around $125 trillion of annual money movement. And those B2B payments are working overtime in the background to power much of the world’s economy. But even two decades and a handful of years into the 21st century, much of that...
May 14, 2024
We are in the midst of a working capital revolution — one that is increasingly driven by innovation and made more necessary by the macroeconomic backdrop, particularly for those middle-market firms generating annual revenues between $50 million and $1 billion. As more firms seek out and put external capital to work, they are finding that today’s working capital solutions are providing […]
May 07, 2024
Virtual cards are at a tipping point. That’s the sentiment expressed by several finance leaders in the B2B space, as the current environment of stubborn inflation and strict access to...
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...
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...
May 14, 2024
Worldline has partnered with Visa to launch a virtual card issuing solution focused on the online travel agency (OTA) market. With access to this dedicated B2B virtual card program, OTAs will be able to pay suppliers more quickly and securely, the companies said in a Tuesday (May 14) press release. “[This partnership] will transform the […]
May 13, 2024
Expensify has added unlimited virtual cards to its spend management platform. With the new Expensify Visa Commercial Card, businesses can manage all their expenses across employees and merchants, including both...
May 10, 2024
Hong Kong-based global payment platform PhotonPay and Discover Global Network have partnered to launch a new commercial card designed for cross-border businesses. With this collaboration, the new PhotonPay Commercial Card...
May 02, 2024
Checkout.com has teamed with Mastercard to offer virtual cards to online travel agents. “As part of the Mastercard Wholesale Program, which reduces costs for travel businesses through virtual card technology and an innovative pricing model,...
