virtual cards

Marqeta, Klarna Continue Payments Tech Partnership in 13 New Countries
Marqeta, Klarna Continue Payments Tech Partnership in 13 New Countries
December 07, 2021  |  Partnerships

Modern card issuing platform Marqeta has furthered its partnership with Klarna to expand into several new countries with buy now, pay later (BNPL) services, virtual...

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Canadian Businesses See Virtual Cards, Real-Time Payments as Key to Cutting DSO
Canadian Businesses See Virtual Cards, Real-Time Payments as Key to Cutting DSO
December 07, 2021  |  Payments Innovation

Canadian firms are struggling to get past the pandemic receivables slowdown. Twenty percent of all Canadian businesses report experiencing longer days sales outstanding (DSO) now...

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39% of Firms Use Virtual Cards for B2B Payments
39% of Firms Use Virtual Cards for B2B Payments
December 03, 2021  |  B2B Payments

United States and Canadian firms’ days sales outstanding (DSO) measurements are getting longer, but these businesses have the power to change course. Investing in digital innovations...

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B2B Expenditure Expected to Make up 80% of Virtual Card Market by 2025
B2B Expenditure Expected to Make up 80% of Virtual Card Market by 2025
December 01, 2021  |  B2B Payments

The increasing demand for touchless payment options that was accelerated by the pandemic is seeping into the corporate world as well, where a host of new...

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Missing, Inaccurate Procurement Data Costs B2B Firms $600B a Year
Missing, Inaccurate Procurement Data Costs B2B Firms $600B a Year
November 19, 2021  |  B2B Payments

The widespread shift to remote work is fundamentally changing the procurement process. Historically, businesses have managed B2B payments in centralized offices, where employees could easily...

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Conferma Pay, Boost Partner to Drive Supplier Payments With Virtual Cards
Conferma Pay, Boost Partner to Drive Supplier Payments With Virtual Cards
November 16, 2021  |  B2B Payments

B2B virtual payment platform Conferma Pay and B2B payment gateway Boost Payment Solutions are teaming up to offer commercial card issuers and their corporate clients...

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Canadian FinTech Float Nets $30M for Its V-Card, Spend Management Offerings
Canadian FinTech Float Nets $30M for Its V-Card, Spend Management Offerings
November 15, 2021  |  Investments

Float, a corporate card and spend management platform, has raised $30 million in a Series A funding round, FinTech Futures reported. The company’s total funding...

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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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