News - CPI Global News focused on Commercial Cards and Payments

The changing face of commercial cards

March 31st 2022

Commercial cards are no longer just about the plastic. Modern commercial cards are increasingly...

Santander Bank launches solution to consolidate payments

April 21st 2022

In a race to outstrip fintech innovation, large banks are launching initiatives to automate commercial payments for their clients.

TreviPay embeds payments solution through Choice Hotels

April 21st 2022

Business travel is set for a post-pandemic revival with face to face meetings resuming at a greater pace. In a bid to expand and capture the market, payment platforms are integrating with booking sites for simpler products and services.

Form3 launches cross-border payment services with Goldman Sachs

April 21st 2022

London based payments technology company, Form3 and Goldman Sachs Transaction Banking (TxB) have announced that clients using Form3 services would be using Goldman’s services which use API integration that aims to deliver FX solutions and payment capabilities to Form3’s banking clients.

Xepelin raises $111 million in the latest round of funding

May 11th 2022

Chile-based B2B payments company Xepelin has raised $111 million in a Series B round of funding led by Avenir and Kaszek with participation from PayPal Ventures, Wellington, DST Global, Battery Ventures, MSA Novo, Endeavor Catalyst, FJ Labs, Picus, Amarena, Gunderson, Carlos Garcia, Cathay-Seaya Latam and Gilgamesh.

Fiserv and The Clearing House expand the real-time payments access

May 11th 2022

Fiserv, the US-based payments company has teamed up with infrastructure provider The Clearing House to enable real-time payments for consumers and businesses.

Citi launches SEPA instant payments in Europe

May 11th 2022

Citi has announced the rollout of Single Euro Payments Area (SEPA) Instant Payments in Europe, adding another instant payment offering under the bank’s global umbrella.

Rapyd launches virtual accounts and payments platform for commercial businesses

May 11th 2022

The provision of virtual accounts by payments companies has become a key feature in enabling businesses to transact globally.

Payer and Resurs Bank team up for business expansion in the Nordic market

May 6th 2022

Sweden based B2B payments company Payer has entered into a strategic partnership with Resurs Bank to develop a subscription solution for the Nordic retail market using Payer’s Application Programming Interface (API) platform as the engine.

Mondu and Raisin Bank enable BNPL for business clients

May 6th 2022

The success of buy-now-pay-later in consumer markets has prompted payment companies to test the concept in commercial payments where it has the potential to solve the working capital and cash flow issues with SMEs. The initiatives provide much-needed competition to commercial cards which have been under attack for high interchange fees.

Commercial Payments International

The changing face of commercial cards

Santander Bank launches solution to consolidate payments

TreviPay embeds payments solution through Choice Hotels

Form3 launches cross-border payment services with Goldman Sachs

Xepelin raises $111 million in the latest round of funding

Fiserv and The Clearing House expand the real-time payments access

Citi launches SEPA instant payments in Europe

Rapyd launches virtual accounts and payments platform for commercial businesses

Payer and Resurs Bank team up for business expansion in the Nordic market

Mondu and Raisin Bank enable BNPL for business clients

American Express partners with Billtrust for accounts payable solution

EBA Clearing, SWIFT and The Clearing House test cross-border payments

Brex makes further inroads in the commercial payments space

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