Payments

Corporate payments provider WEX has added Visa commercial virtual cards to its platform for B2B payments.

Finding a fast and easy way to receive payments remains a top priority for these businesses. And yet, they are frequently left out of the industry’s faster payments conversation, writes Steve Robert, co-founder and CEO of Autobooks.

Seattle-based digital remittance provider Remitly has raised $220 million in new investments and financing to accelerate its growth in more global markets.

Interchange rates on payments in the fuel and energy sectors can be so complicated that energy marketers can lose thousands of dollars a year because of mistakes they make in coding their authorized credit card transactions.

Ensuring a good experience for buyers not only gives companies an edge over their competition, but it has practically become a requirement for company growth. With the increasing popularity of information-sharing websites and apps like Facebook or Yelp, reputations can expand or shatter within moments, writes Nvoicepay’s Alyssa Callahan.

The Prime Day event is also a chance for Amazon to showcase a new range of devices and payment options — but in 2019, Amazon is making some key changes to how it asks its audience to shop.

Prepaid card and payments technology company InComm has acquired Meridian Loyalty, a full-service incentives business that caters to corporations.

Mastercard has closed its acquisition of cross-border payments provider Transfast, closing out a deal the card network announced in early March after dropping out of a bidding war with Visa for global payments company Earthport.

Merchant acquirer Credorax has engaged money transfer company Small World Financial and other partners to cover a broader mix of banking and payment acceptance available to the companies' European clients.

These programs are allowed in a majority of states, but only a small portion of credit unions offer them. That may change as the need for deposits grows and consumer expectations shift.