Card issuers face an uncertain future in commercial card volumes, Nakisa talks accounting tech for lessors, and BT and other firms are reinstated to UK Prompt Payment Code
| | | | BUSINESS-TO-BUSINESS EDITION | | Why Optimism Persists For Corporate Travel Industry Stakeholders Business trips are but a distant memory, with no guarantee that corporates will entirely return to past T&E volumes after relying on teleconferencing tools. Yet the corporate travel management arena remains optimistic. CWT tells PYMNTS that service providers have to be ready to adjust to new business travel booking and payments habits. |
| Commercial Card Innovation |
| Issuers Question The Corporate Card's Long-Term Volume Reliability With commercial card adoption on the rise as more organizations make the shift to digital payments, card issuers continue to drive innovation with their corporate card products. But this week's look at the latest in commercial card news finds growing questions about the reliability of corporates to drive revenues for card issuers with business travel on hold â possibly for the long term. |
| | Corporate Accounting | | Bridging The Accounting Gap For Lessors And Lessees Changes to lease accounting standards by the International Accounting Standards Board introduced a host of complexity for corporates leasing assets like equipment and real estate. While FinTech solutions have stepped in to ease the transition, Nakisa Head of Global Solutions Engineering Imran Mia says the market has largely left out the lessor side of these arrangements. Mia spoke with PYMNTS about the unique challenges of lessors, particularly when entities find themselves as both a lessor and lessee managing cash in- and out-flows. |
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