News - CPI Global News focused on Commercial Cards and Payments

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...

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.

Visa commercial spend bounces back while AmEx flags

18 May 2021

Card giant Visa’s commercial payments volume is close to pre-pandemic levels, while low T&E dragged down American Express.

Mobile virtual cards can be a catalyst for digital transformation by issuers

13 April 2021

Commercial cards has spent the last few years digitising its business, but digital transformation is now required to open up to new business models and revenue opportunities.

Banking Circle acquires B4B Payments

1 December 2021

Payment companies are taking a route of partnership or acquisition to expand.

KeyBank acquires XUP Payments

1 December 2021

Banks are competing in the payments space to reduce expenses and connect clients.

Payhawk raises $112 million in the latest round of funding

1 December 2021

Last week, Airwallex raised $100 million in funding, taking the total VC funding this year to $5.39 billion.

Amazon UK to stop accepting Visa credit cards

1 December 2021

Amazon's UK platform won’t accept Visa credit cards from January 19, 2022.

Nium partners with QBC for cross-border payments

1 December 2021

Nium has teamed up with Queen Bee Capital to enhance international transfer offerings.

Unit partners with Currencycloud for cross-border payment services

1 December 2021

Unit has announced a partnership with Currencycloud.

Western Union and Mastercard extend their global partnership

24 November 2021

US based money transfer giant Western Union has announced that it has extended its partnership with Mastercard.

Airwallex raises $100m in latest round of funding

24 November 2021

This month, Airwallex secured a payments licence in Singapore and previously it secured licence in Malaysia, the company is on rapid expansion mode.

Cross River Bank partners with Payment Approved for business payment solutions

24 November 2021

New Jersey-based Cross River Bank has announced that it has partnered with Payment Approved which is a payments company providing end-to-end payment solutions for clients.

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