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Constant Changes Bring Innovative Ideas - December 2018 TransAct!

Thursday, December 20, 2018   (0 Comments)
Posted by: Terri Brustad

Transformation. That is a good word to describe the experiences the Commercial Card industry goes through and what is covered in the December 2018 TransAct!.

Reduced interchange rates remind us to reflect on the most significant value a Commercial Card program adds to an organization—efficiencies. The newest NAPCP report, "Optimizing Revenue Sharing" explores the opportunities of revenue share, but also compares revenue share with efficiencies gained. 

Policy language is never static, so as the industry evolves, the language must keep up. The storing of card numbers in apps and portals has prompted interesting conversations and policy language may need to be revisited. The NAPCP advisory teams from Corporate and Higher Education are front and center on the topics of reduced interchange and the ever-changing eCommerce landscape that includes apps and portals.

Speaking of transformation, our providers have shared information ranging from a real-time payments survey, a look back at the last 10 years in payments and the steps in managing the RFP process.

From virtual demos to workshops, see our awesome listing of upcoming events that include two virtual roundtables that cover the RFP process.

We are extremely excited about our Members and Speakers-Only event! Since we are celebrating our 20th anniversary, NAPCP members and speakers will be treated to three hours of cruising on a luxury yacht. Be prepared for networking, food and fun!

This edition was emailed on Thursday, December 20, 2018, to members and complimentary subscribers. Click here to access archived editions of the TransAct! newsletter.  Become a member today for complete access to all editions.


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News
Event Calendar

1/30/2019
Part I—Explore the RFP Process! Learn What Steps to Take Before Going Out for RFP

2/7/2019
MUFG Virtual Demo: Employee Application Process: Making it Efficient and Flexible

2/12/2019
Part II—Extra! Extra! Creating an Effective RFP Document Can Be Easy!

2/13/2019
Travel Card Advisory Team Presents Best Practices: Managing Delinquency

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