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Commercial agenda accession continues to accomplish big after-effects in the accounts payable (AP) department, as corporates and agenda issuers akin analyze new means to drive business absorb on cards above business trips or ad-hoc purchases.

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This week’s Bartering Agenda Accession Tracker finds the better names in the industry, as able-bodied as FinTech newcomers, dispatch in to drive added acceptance of the accumulated card.

American Express Debuts AP Tool

American Express bartering cards accept been a basic for abounding corporates over the years. As the B2B payments mural modernizes, the payments technology aggregation is ramping up its accession efforts to drive added acceptance of bartering cards with value-added services.

In its best contempo initiative, American Express appear the rollout of its accounts payable solution, American Express One AP. The aftereffect of its accretion of acompay aftermost year, the band-aid digitizes and streamlines supplier payments while acknowledging a ambit of acquittal methods, including ACH, checks and, of course, basic and concrete bartering cards.

“By automating the accounts payable action with an innovative, end-to-end solution, One AP makes it easier for businesses to pay for what they charge to accomplish and ultimately grow,” the firm’s Vice President and General Manager of B2B Payments Automation, All-around Bartering Casework Trina Dutta said in a statement.

This wasn’t the alone action in the B2B payments amplitude that American Express has appear this month. Aftermost week, the aggregation appear its accord with SAP Concur to accumulate balance and amount management, with an affiliation enabling advisers to pay invoices through the SAP Concur belvedere application American Express bartering cards.

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Nium Broadens Card-Issuing Reach

FinTech aggregation Nium appear this anniversary the amplification of its card-issuing capabilities aural Europe, aloof weeks afterwards rolling out operations in Australia. The aggregation is accretion its affiliation with Visa to white-label its offering, enabling corporates to affair their own cards and consolidate their own bartering agenda programs.

Nium’s alms includes real-time funds transfers to concrete and basic cards, tokenization of agenda details, and abutment for assorted currencies. In accession to facilitating agenda issuing, Nium additionally afresh launched a new account in Singapore via its InstaReM unit. BizPay allows businesses to accomplish use of their absolute bartering agenda acclaim curve to admission basic for supplier payments and added all-important purchases.

Accrualify Taps Visa For Accumulated Agenda Offering

Accounts payable and absorb administration FinTech Accrualify is introducing its own accumulated agenda offering, the aftereffect of its accord in Visa’s FinTech Fast Track Program.

In an announcement, Accrualify said it is partnering with Visa to barrage its Accumulated Agenda Module, a co-branded accumulated agenda affairs that enables businesses to admission cards with value-added casework like absorb banned and real-time tracking, agent absorb administration and pre-approval functions, artifice controls, and abutment for both basic and concrete cards.

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“The agenda transformation of payments creates an agitative befalling for us to advantage our accounts payable automation technology with Visa’s all-around acquittal arrangement to accord accumulated accounts teams a complete absorb administration solution,” said Benjamin Portusach, CEO of Accrualify, in a statement.

Privacy.com Sets Sights On Business Cards

Virtual agenda FinTech startup Privacy.com has congenital its consumer-facing band-aid about the aegis and aloofness amount hypothesis that single-use basic cards offer.

Now, with $10.2 actor in new funding, the aggregation is reportedly gluttonous an amplification into the B2B branch with a focus on wielding basic cards for agent and accumulated spend.

Reports this anniversary said Privacy.com aloft the Series A allotment from Teamworthy Ventures, while Tusk Venture Partners, Index Ventures, Quiet Capital, Exor Seeds and Rainfall Ventures additionally participated. The advance will ammunition the rollout of its Agenda Arising API, advised for corporates to affair basic cards for their own advisers and added back-office acquittal workflows.

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