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Consumers tap credit cards, loans to manage inflation: Fed report

Payments Dive

Gen Z and millennials were the age groups most likely to use loans and credit cards to respond to higher prices, a Federal Reserve research report said.

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Virtual Cards Help Companies Manage Spend In Real Time

PYMNTS

Digital B2B payments innovations as diverse as machine learning (ML) automation, cloud-based enterprise resource planning (ERP) systems and virtual cards are gaining unprecedented traction as businesses move to build sustainable B2B payments operations outside of th e office. RLJ Financial On Managing B2B Spend With Virtual Cards.

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Corporate Card Innovators Dive Into Virtualization

PYMNTS

As FinTechs and other financial service providers drive commercial card adoption, virtual card technology becomes an increasingly popular focus of innovation initiatives, particularly as corporates demand solutions to support a remote workforce. Barclaycard Debuts V-Card For Expense Management.

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Coupa, American Express Team On Virtual Cards

PYMNTS

American Express is working with Coupa on a new partnership to use virtual cards for Coupa's B2B solution, a press release says. Coupa Pay, the Coupa B2B solution, will be available for customers of AmEx's virtual cards, in a move meant to streamline the old payment processes which the release calls "outdated, complex, and inefficient.".

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American Express Launches New Credit Score Management Tool

PYMNTS

11), Amex launched Score Goals , an online platform that augments and expands the card company’s established credit score tool, MyCredit Guide. consumer cards at American Express, said that as the company rolls out its new credit management tool, it is cognizant of the newfound financial challenges facing many consumers amid the pandemic. “We

Tools 320
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Oiling The Many Moving Parts Of Cash Flow Management

PYMNTS

Managing financial data across a vast array of platforms, including accounts payable, accounts receivable, accounting and ERP systems, creates a challenging environment in which to understand cash positions and forecast cash inflows and outflows. Many Moving Parts.

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Startup offers ‘credit-building’ debit cards for Gen Z

Payments Dive

Startup Fizz is marketing itself as a company helping college students build credit and manage daily spending.

Cards 394