Darren Blair: Could we be at the turning point tow...

This week we saw significant developments on the vaccine front that have implications not just for us personally but for businesses too. News of the vaccine clearly put new momentum into travel and hospitality stocks with some seeing as much as a 40% uplift in a day. Could this be the turning point towards a

Virtual Cards Ride Pandemic’s Tailwinds To Creat...

In B2B, it’s approaching “ditch the plastic” time. In an interview with PYMNTS, Stuart Davenport, chief innovations officer at Conferma Pay, said that innovation in consumer payments has given some tailwind to the digitization of commercial payments – and the adoption of virtual cards. At a high level, he told PYMNTS, “certainly for consumers at the moment,

Conferma Pay Achieves Oracle Validated Integration...

Conferma Pay, a member of Oracle PartnerNetwork (OPN), today announced that it has achieved Oracle Validated Integration with Oracle Hospitality Hotel Expertise for its integration of Conferma Pay Connect with Oracle Hospitality OPERA, delivering a secure and seamless check-in and check-out experience for hotel guests. Expertise is a core tenet of the modernized Oracle PartnerNetwork

Darren Blair: Are plastic cards right for the time...

This year many finance and procurement teams have gone from thinking about how to make improvements to their existing payment processes to identifying and adopting new payment methods all together. Legacy systems that are paper-based, or rely on traditional rails are as vulnerable as any other physical process during a crisis, and are just not

David Wood Discusses Optimal Payment for the Work-...

Your morning started with live indoor cycling with your favorite instructor on a Peloton bike. You are listening to the Tim Ferriss Show while preparing breakfast, and you just made a Nescafe Espresso as Amazon Prime renewed your monthly capsule order. The kids are e-learning next door. The grocery delivery service is scheduled to arrive

To Modernize B2B Payments, Break Down The Silos Be...

In the bid to modernize B2B payments, accounts receivable (AR) and accounts payable (AP) need to work together. To that end, one goal is to integrate payments, streamlining discrete functions of paying vendors and receiving payments from buyers across companies. It’s important to go about breaking down silos within companies, too, where AP and AR once functioned as

Virtual Credit Cards: The Next Best Practice For C...

One of the opportunities has been a new push for a touchless travel experience as businesses recognize their Duty of Care requirements to provide employees with “safe” travel in the new age of business travel. Enter virtual cards. Virtual cards are an exciting step toward smart corporate spending. By removing the traditional plastic card from

‘What Did You Change?’ 34 Payments Execs Weigh...

  It may be hard to remember, but when 2020 dawned, unemployment was near historic lows, at about 3.6 percent. GDP was growing at a healthy clip, and most companies — large and small — saw the trends of top-line and bottom-line growth as setto continue. Barely a few weeks into the year, the novel

Darren Blair: How Should Businesses Pay For Air Wh...

As news comes that United Airlines scrapped the $200 charge to change a ticket for domestic travel, it is becoming clear that to restore travel confidence, flexibility around all aspects of travel management, including how payments are made is a necessity. We have never been in a situation before where the value of refunds is

Greg Thompson: Why Virtual Cards Are The Future Of...

    While the coronavirus has impacted business travel, the use of virtual cards for other B2B spending has actually been soaring, Thompson said. There’s been a “solid realization among corporates” that nearly all corporate transactions — from massive supplier payments to incidental coffee purchases — have common features, he noted. And this has become all the more apparent