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X-Border Payments

gpi Makes SWIFT Cross-Border Gains

SWIFT notes that gpi payments make up more than half of its cross-border traffic. The Fed sees marquee tech names pushing for faster payments, and Square circles a banking license, again.

Commercial Cards

Virtual Cards See Opportunity In Freelancers, Open Banking

Commercial cards are pushing for adoption beyond the accounts payable department, with expense management as a new favorite target for the payments tool. Andrew Jamison, CEO of commercial card-issuing firm Extend, points to the flourishing freelance economy and opportunities in open banking as driving forces behind the adoption of virtual cards for employee spend.

Corcentric On Myth-Busting Electronic B2B Payments Adoption

Despite the effort to digitize, electronic B2B payments have barely gained traction. Why? Corcentric President and COO Matt Clark tells Karen Webster it's because the payments industry has been operating under three big misconceptions, including how the buyer-supplier dynamic really works in practice.

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