News - CPI Global News focused on Commercial Cards and Payments

Sainsbury’s victory over Visa set scene for Amazon shock move

13 January 2022

E-commerce giant Amazon’s shock announcement in November that it would stop accepting Visa credit...

Global

Visa reports record commercial card volume as interchange threats mount

15 December 2021

Global card giant Visa saw a quarterly increase of 15% in commercial billed payments while its rival, American Express recorded a 5.2% jump.

SME spending pushes commercial cards volume closer to pre-pandemic levels

6 September 2021

Card payments giant American Express recorded a sizable 44% growth year on year in the commercial payments business from Q2 2020 while Visa saw a decline of 4.7%.

Focusing on the transaction experience is no longer enough

17 August 2021

Financial institutions can find new opportunities to create value throughout the customer journey of administering a business trip, not just in the payment transaction itself.

Airwallex, Thunes expand in Asia

20 January 2022

Two impending payments companies, Airwallex and Thunees make inroads in Asian markets.

Astra and Cross River Bank partners to launch A2A transfers

20 January 2022

As the world moves more towards commercial payments digitization, instant payment transfers would become a norm and in this aspect, direct payment transfers from one card to another are crucial.

B4B Payments to issue Mastercard prepaid cards

20 January 2022

London based B4B Payments, a non-bank issuer of prepaid cards, has announced that it is joining the Mastercard Fintech Express Programme.

Coupa and HSBC team up to offer virtual cards

20 January 2022

The trend of banks and payment companies partnering with spend management software providers continues.

Virgin Money partners with Expend

20 January 2022

UK based bank, Virgin Money has announced that it has partnered with the expense management platform, Expend which will add expense management services to its new business banking customers.

VeriCheck Inc acquires ACHWorks

13 January 2022

US-based payments and technology service provider VeriCheck Inc (VCI) has announced the acquisition of Applied Payments, LLC, which does business as ACHWorks, a technology company and Automated Clearing House (ACH) payment services provider.

Synovus Bank launches commercial credit cards in collaboration with Visa

13 January 2022

Georgia headquartered Synovus Bank has announced a collaboration with Visa in which the bank would offer its clients a mobile virtual commercial credit card solution.

Commercial payments companies pivot on payments automation in the digitization epoch

13 January 2022

The expense management solutions and AP automation solutions are becoming a norm in commercial payments.

SurePay, SEPAmail.eu and StreamMind collaborate to fight cross-border fraud

13 January 2022

With the rapid digitisation of payments post-pandemic and the rise of usage of cross-border payment services, the threat of fraud has risen and this could be deleterious to the small and medium companies running on low cash.

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