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Banking On Consumer-Centric Strategies To Spur Virtual Card Adoption

PYMNTS

Virtual cards have been spreading across the B2B payment space because of their cost-saving benefits for both companies and suppliers. These cards’ account numbers correspond with certain vendors, and have predetermined spending limits, enabling accounts payable (AP) professionals to better manage expenses, control cash flow and fight fraud.

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Building A DTC Men’s Personal Care Brand With eCommerce

PYMNTS

The company accepts credit card, Google Pay, Amazon Pay and PayPal for payments. “We When it comes to funding, the company recently closed a $1 million seed capital round. And, beyond eCommerce, the company is in a few retail stores: One is Fourpost in Minneapolis in the Mall of America. It ultimately settled on crushed bamboo.)

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Call It Alt-Credit Or POS Lending, ‘Buy Now, Pay Later’ Just Got Bigger

PYMNTS

“Given how much the demand for installments is increasing, we are also using the already existing parts of the credit system today to scale installment payments with every [Visa] card across the board,” Cetin Duransoy , Visa ’s global head of installment solutions, told PYMNTS. Fast and Furious BNPL Action. Leveraging Risk the Right Way.

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Whole Paycheck Tracker: Target, Walmart Comparison Uncovers Different Digital-First Strategies

PYMNTS

So far, it looks like Walmart could steal a few pages from its Minneapolis-based neighbor. The more standard one is the Capital One-issued rewards card. Walmart has relied on its massive ground and air transportation network to feed its eCommerce effort, most of which is fed through its distribution centers instead of stores.

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The 2019 GonzoBanker Awards

Gonzobanker

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. Yet the Gonzo team has to give a shout out to the late entry of Texas Capital and Independent Bank. The Tech Award – Goes to Capital One. Best of luck in the next chapter, Chris!

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What eInvoicing Standardization Could Mean For AP Automation

PYMNTS

The Federal Reserve Bank of Minneapolis’s Payments, Standards and Outreach Group published a report in 2016, “ U.S. Adoption of Electronic Invoicing: Challenges and Opportunities ,” which explored the potential for the U.S. to embrace eInvoice standards in an effort to achieve end-to-end efficiency in the U.S. payments system.

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Sezzle Scoops Up $500k Investment from Brussels-based E-Merge

Fintech Labs Insights

plus 15 cents, that’s half the cost of quoted credit and debit card processing.” This is novel in that while 60% of payments are made with debit cards, “you’d be hard pressed to find a debit card that can give you rewards,” Youakim said. “Our rate is 1.5%