Flipping paper checks into virtual cards is easier said than done. In the latest Next-Gen AP Automation Tracker, Jennifer Swenson, U.S. Bank’s vice president of corporate payment systems, and Adam Kruis, senior vice president and manager of working capital consulting, share how using data to align...
Much of what commercial card innovators seek to address is a massive pain point for adoption: supplier acceptance. Such was the strategy of JPMorgan in its latest corporate card initiative. However, in this week’s Commercial Card Innovation roundup, it wasn’t the point of friction that...
Commercial cards account for only a portion of corporates’ overall spend, as checks stick around and ACH gains ground. However, their market share is on the rise as card issuers develop more robust rewards programs, and the ability to integrate card spend into back-office spend...
The adoption of fleet cards and electronic payment technologies in the fleet industry supports the sector’s push toward digitization and innovation. However, a new report from Cornwall Insight has suggested that payment technology companies catering to the fleet market may actually be hampering digitization progress for...
