Commercial card adoption, long sidelined by businesses because of cost concerns, is experiencing a renewed interest in business-to-business (B2B) transactions. The primary drivers of this change in outlook include today’s higher interest rates that lower effective working-capital costs and the growing willingness among card issuers...
Business interest in alternative financing solutions is rising almost as fast as interest rates are. That’s because with continually fluctuating economic conditions and ongoing operational uncertainty, businesses are seeking innovative approaches to navigate these macro challenges. One solution that has been gaining traction in the...
Commercial bill pay company Plastiq has announced that starting on Wednesday (Aug. 21), U.S. Visa commercial cardholders will be able to use the Plastiq to pay vendors, even if they don’t accept credit cards, the company said in a release. According to the Credit Research...
August 22, 2023
Commercial card adoption, long sidelined by businesses because of cost concerns, is experiencing a renewed interest in business-to-business (B2B) transactions. The primary drivers of this change in outlook include today’s higher interest rates that lower effective working-capital costs and the growing willingness among card issuers to negotiate fees. As the value proposition for commercial cards […]
July 18, 2023
Business interest in alternative financing solutions is rising almost as fast as interest rates are. That’s because with continually fluctuating economic conditions and ongoing operational uncertainty, businesses are seeking innovative...
June 06, 2024
Torpago has raised $10 million in a Series B funding round to support its white-label commercial credit card and expense management platform designed for banks. The company will use the new funding to service growing demand for its solution, enhance implementation and compliance resources, and expand its product suite, Torpago said in a Thursday (June […]
August 21, 2019
Commercial bill pay company Plastiq has announced that starting on Wednesday (Aug. 21), U.S. Visa commercial cardholders will be able to use the Plastiq to pay vendors, even if they...
