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Commercial Card and Purchasing Card Industry Press Releases

Press releases serve to announce industry news, such as the release of a provider’s new product, mergers and acquisitions, and other newsworthy items.* Does your organization have a press release to share? Please refer to the instructions below
See also other industry news within the NAPCP's Featured Items page.
12/12/19 Mastercard Incorporated and Doconomy Extend Collaboration to Deliver a More Sustainable Future
11/20/19 Mesh and Visa Collaborate on a Supplier First B2B Virtual Commercial Card Payment Service 
11/19/19  Wells Fargo Launches Ability to Send Payments on the RTP Network
11/13/19  Boost Collaborates with J.P. Morgan to Offer Fully Integrated Payments
11/13/19  Tradeshift Partners with SiS-id to Help Businesses Fight Payments Fraud 
11/03/19 Robotics, Cloud Based Platforms, Data as Change Mechanism and More: NAPCP Announces First Presentations and Speakers for 21st Annual Commercial Card and Payment Conference, April 6-9, 2020, Las Vegas, NV
10/31/19  Visa and Marqeta Offer Fintechs a Path to Growth 
10/31/19  Revolut Chooses Visa as Lead Issuing Partner to Drive Rapid Global Expansion
 10/17/19 Corporate Cards Continue to Lead Travel Programmes, Though Virtual Payments Are on the Rise, According to New Industry Study
10/17/19  American Express Unveils Reinvented Corporate Program
10/17/19  New NAPCP Best Practices Guide Shows Public Sector Card Administrators How to Define, Develop and Implement a P-Card Program 
10/15/19  ACH Network Volume Jumps 9.5% in Third Quarter 
10/8/19  WEX Launches Virtual Payments Solutions with Mastercard Incorporated in Middle East
10/7/19  Expensify Reinvents Corporate Cards
9/27/19  WEX Corporate Payments Division Launches New Vertical Dedicated to Financial Institutions
9/27/19  Square Launches Free EIN Assistant to Help Small Businesses Professionalize
9/26/19  Elavon Selects Featurespace to Launch New Fraud Prevention Capabilities and Support PSD2 Adoption 
9/24/19  AirPlus and Cornerstone Partner to Expand Usage and Automate Implementation
9/23/19  Visa B2B Connect Expands to 32 New Countries and Announces Integration With Infosys 
9/23/19  Global Payments Completes Merger with TSYS, Creating Preeminent Technology-Enabled Payments Company
9/20/19  Tradeshift Announces Strategic App Solution with Spendency to Provide Effective Spend Analysis
9/20/19  Presenting SoftPOS—A Solution That Turns Smartphones and Tablets into a Contactless Payment Terminal
9/20/19  Revolution Payments' Microsoft Dynamics GP Level 3 Credit Card Processing Solution
9/19/19  Bank of America Joins Marco Polo Network to Tackle Trade Finance Challenges 
9/19/19  daVinci Payments™ Issues Chinese Yuan Corporate-Funded Prepaid Cards
9/19/19  Oversight Launches New Fleet Card Analysis
9/19/19  Divvy Expands Spend and Expense Management Platform With Launch of Bill Pay
9/18/19  Boost® Expands International Commercial Cards Network to Nearly 30 Regions
9/16/19  Beekeeper Raises $45B Series B Funding Round
9/13/19  Stripe Introduces the Stripe Corporate Card and Activates Payouts to 45 Countries
9/13/19  Mastercard and R3 Partner to Develop New Blockchain-Powered Cross-Border Payments Solution
8/26/19  Revolution Payments Introduces Automated Level 3 Credit Card Processing for Government Vendors
8/23/19  EnKash Launches India's First Corporate Credit Card for SMEs/ Start-ups
8/23/19 Mastercard Advances Its Leadership Position as a Multi-Rail Payments Company with Nets' Acquisition
8/22/19  Ingenico TravelHub: A New Payment Solution for Travel Companies
8/21/19  Visa and J.P. Morgan Help Businesses Make Payments Faster with Billtrust’s Business Payments Network
8/20/19  Deem Launches First Virtual Payment Program in Partnership with Conferma Pay
8/19/19  Certify, Inc./Chrome River Acquires Emburse to Revolutionize Expense and Card Solutions
8/12/19 HSBC Extends Pan-European Commercial Cards to Nine Currencies
8/06/19  Bottomline Announces Digital Banking IQ
7/31/19  American Express Expands Suite of Global Business Payment Capabilities
7/31/19  Certify Ride-Hailing Report: Uber and Lyft Achieve Record Popularity
7/29/19 Optal Transforms Supplier Payments for Lloyds Bank Commercial Banking via Invapay
 7/25/19 JAGGAER Partners with J.P. Morgan to Provide Powerful Purchasing Oversight
 7/24/19 Mainland China and U.S. Continue to Drive Global Travel by Mastercard Incorporated
 7/23/19 Royal Bank of Canada Acquires Fintech Startup WayPay
 7/19/19 Mastercard Further Extends Payment Network with Acquisition of Transfast
 7/18/19 WEX to Issue Visa Commercial Virtual Cards for North American and European Commercial Customers 
 7/17/19 J.P. Morgan Launches E-Customs Payment Solution to Digitize Cross-Border Payments in China
 7/16/19 Tradeshift Gives Business Teams the Power of Payments with Tradeshift Go 2.0
 7/15/19 Business First Bank Partnering with Corserv to Offer Credit Cards
 7/11/19 Citi Commercial Cards Joins Coupa as Coupa Pay Partner
 7/11/19 Office Depot and Alibaba Team Up to Tap Small and Medium Businesses

Billtrust and Priority Commercial Payments Partner to Enable Automated Acceptance for Merchants

 7/10/19 Capital One to Acquire BlueTarp Financial, Expanding B2B Credit Card Partnerships  
 7/10/19 Introducing Apple Card, a New Kind of Credit Card Created by Apple
 7/09/19 Mastercard Start Path Seeds Innovation between Startups and Corporates
 7/08/19 The Nordic P27 Payments Platform Project 
 7/01/19 Canadian Fintech Launches Cross Border Bill Pay Solution for Financial Institutions
 6/28/19  Visa to Acquire Verifi 
 6/27/19 Bottomline Technologies Powers Real-time Payment Innovation through Partnership with Starling
 6/26/19 PayU Acquires Digital Payments Provider iyzico 
 6/25/19 Billtrust Partners with Comdata as Business Payments Network Continues to Scale
 6/24/19 Mastercard Incorporated and Payswiff Partner to Accelerate Acceptance of Digital Payments
 6/21/19 Trustly Merges with PayWithMyBank to Deliver Transatlantic Payments Coverage
 6/20/19 Divvy Expands Offering by Launching Business Travel Platform Powered by TripActions
 6/19/19 Marqeta and CashFlows Announce New European Partnership, Uniting Two of the Region’s Innovators
 6/18/19 Brex Launches Accounting Portal to Connect Businesses with Accountants
 6/17/19 Troovo Launches End-to-End Enterprise Digital Payments Solution Powered by RPA Software
 6/15/19 Payments Leader J.P. Morgan Named #1 European eCommerce Acquirer
 6/13/19 Mastercard Incorporated Announced Sasha Krstic as President, Canada
 6/12/19 UOB and Mastercard Incorporated Announce the Launch of the UOB Regal Business Card
 6/11/19 Visa B2B Connect Launches Globally 
 6/11/19 First Bankcard and Cadence Bank Launch New Credit Card Program
 6/07/19 Mastercard Incorporated Receives Asia-Pacific Economic Cooperation Privacy Certification
 6/06/19 Global Payments and TSYS Combine to Form Leading Pure Play Payments Technology Company
 6/05/19 Mastercard & Interac Collaborate to Give Canadians Way to Send Money Globally
 6/04/19 Jonas Construction Software Announces Partnership with Comdata 
 5/30/19 Mastercard and ZIVELO Leverage Artificial Intelligence to Revamp the Ordering Experience
 5/30/19 Unison Teams Up with Amazon Business to Deliver More Value to Customers
 5/15/19 U.S. Bank and Chrome River Launch Expense Wizard for Infrequent Business Travelers
 5/10/19 Expensify Partners with Grab to Automate Receipt Tracking for Business Travelers in Southeast Asia
 5/10/19 The 2019 NAPCP Global Provider Directory is Available as a Complimentary Download
 5/9/19 Siam Commercial Bank and PTTEP Continue to Build Blockchain Technology for the First Time in B2B
 5/9/19 Sabre and Visa to Expand B2B Virtual Payments for the Travel Industry
 5/8/19 PayFacto Launches AMP Payment Terminals into Canadian Market
 5/8/19 FIS Integrates into Visa B2B Connect Platform 
 5/7/19 EVO Payments Agrees to Acquire SF Systems’ Payment Gateway

FROSCH Acquires TCG to Offer Comprehensive Global Travel Management Services

 5/6/19 BMO Partners with Mastercard to Accelerate Global Payments
5/6/19 The NAPCP Recognizes Extraordinary Association Members with Awards at its 20th Annual Commercial Card and Payment Conference in Miami, April 15-18, 2019
 4/30/19 Moneris Introduces Universal Payment Application on Next-Generation Devices
 4/30/19 3PEA International Announces Name Change to Paysign
 4/25/19 Mastercard Commercial Cardholders Get Greater Transparency into Amazon Biz Purchases
 4/24/19 Bento for Business and Visa to Help Optimize Cash Flow for Small and Midsize Businesses
 4/24/19 Elavon and Societe Generale Partner for Pan-European Payment Services
 4/24/19 American Express and SAP Ariba Join Forces to Deliver True End-to-End Procure-to-Pay Process 
 4/10/19 Extend Raises $11M in Series A Funding
 4/09/19 Top Companies Team Up with Federal Agencies and Nonprofit to Launch First-of-Its Kind Cyber Talent Initiative to Protect Against Cyberattacks
 4/08/19 Klarna Launches Open Banking Platform 
 4/04/19 Tradeshift and BuyerQuest Partner to Deliver Seamless Procurement and ePayables Innovation Across Global Platform
 4/20/19 TNG Announces Partnership with Visa to Introduce Prepaid Solutions in Asian Markets
 4/01/19 Crypto is Now Accepted Anywhere and Everywhere in Europe, Thanks to the 2gether Visa Debit Card
 3/26/19 Citi to Build Digital Consumer Payments Business for Institutions 
 3/26/19 IBM Blockchain World Wire to Support Payments and Foreign Exchange in More Than 50 Countries
 3/25/19 WEX to Acquire Fuel Card Business of EG Group, Go Fuel Card
 3/25/19 Samsung Pay Network Expands with New Canadian Partnership
 3/22/19 Mastercard Brings Transit into the Fast Lane to Speed Daily Commutes
 3/21/19 Prepaid Technologies Acquires dash™ Prepaid Purchasing Card Portfolio
 3/21/19 First Data Acquires ayCash, a Leading Digital Merchant Network Services Provider in Germany
 3/20/19 Seven Newest Start Path Startups Ready to Reshape Future of Commerce with Mastercard Corporation
 3/18/19 U.S. Firm FIS Buys Worldpay for $35 Billion in Payments Deal Bonanza
 3/13/19 FLEETCOR to Acquire Nvoicepay, a Leader in Full AP Automation Software
 3/12/19 Visa and PayActiv Join Forces to Offer On-Demand Access to Earned Wages Disbursed by PayActiv
 3/01/19 PayMate to Empower Visas B2B Customers in India
 2/28/19 Brex Launches First Corporate Card for eCommerce
 2/28/19 Abacus Unveils Integrated Corporate Travel Booking Platform
 2/27/19 Spend in Canada Boosts by 3% in Final Quarter of 2018
 2/21/19  Boost Increases Volume Processed Globally by 70%
 2/14/19  Blockchain Evolves from Buzzword to Major Benefit for Payments, TD Bank Survey Finds 
 2/08/19 SmartMetric Announces Agreement With ServiRed to Manufacture the SmartMetric Biometric Credit Cards
 2/07/19 BB&T and SunTrust to Combine in Merger
 2/07/19  J.P. Morgan Joins Coupa as Coupa Pay Partner 
 2/06/19 American Express and Introduce Vendor Pay, a New Streamlined, Automated Approach to A/P
 1/31/19 Basware Named a Leader in Accounts Payable Software in IDC MarketScape Report
 1/30/19 Enterprise Holdings Announces Intent to Acquire Travel Technology Innovator Deem
 1/30/19 myPOS Boosts Offer to Support In-app Payments
 1/28/19 And WEX Partner to Bring Voice-Activated Travel App to Market: Halo Travel
 1/28/19 Free Trials Without The Hassle
 1/24/19 PayStream Advisors is Now Officially Levvel Research
 1/18/19 3C Payment Works with Discover to Expand Card Acceptance Across Europe and the Middle East
 1/18/19 Discover to Increase Acceptance in the Nordics Through Agreement with Nets
 1/17/19 MUFG Union Bank, N.A., to Acquire Supply Chain Finance Platform from GE Capital
 1/17/19  First Data Becomes First Processor to Offer P2PE Validation Without the Need for a Gateway
 1/17/19 Google granted an electronic money institution licence in Lithuania 
 1/17/19 PFS Has Been Named as a Supplier on the Crown Commercial Service (CCS) Payment Solutions Framework
 1/16/19  Fiserve to Combine with First Data Corporate to Create Global Leader in Payments and FinTech 
 1/16/19 Square Launches Payments SDK, Enabling Developers to Process Payments With Square in Mobile Apps
 1/15/19 Studies Released from Financial Professionals Surveyed by Dun & Bradstreet
 1/10/19 ARC Successfully Completes Blockchain PoC With United Airlines and Blockskye
 1/04/19 Extend Joins Visa Ready Program for Business Solutions
 1/01/19 The NAPCP Observes Twenty Years of Service to the Commercial Card and Payments Industry
 12/28/18 Serko acquires InterpIX as part of global growth strategy
 12/13/18 Finexio's CredX Solution Creates New Way to Pay Suppliers Electronically 
 12/07/18 AirPlus International Inc. & Pana Announce Partnership Improving Non-Employee Business Travel 
 12/05/18 ECB launches real-time payments system 
 11/30/18 FCM Travel Solutions & AirPlus Deepen Partnership in USA with New Data Connector 
 11/28/18 FIS Named Risk Technology Vendor of the Year 
 11/21/18 Zwipe Showcases Innovative Fingerprint Enrolment Solution for Deployment of Biometric Payment Cards
 11/20/18 PNC Bank Canada Branch Launches Suite Of Commercial Credit Cards
 11/19/18 American Express Launches American Express GoTM, a New Virtual Payments Offering
 11/15/18 Barclaycard Joins Coupa as Inaugural Coupa Pay Partner
11/14/18 Ixaris launches new product portfolio with support from Visa in Europe
11/12/18 PNC Treasury Mgmnt Pilots IDEMIA's MOTION CODE Dynamic CVV2 Technology For Commercial Card Clients
11/08/18 Introducing Eats for Business
11/06/18 Adyen Expands Its Unified Commerce Offering To Canada
11/05/18 American Express and WEX Alleviate Accounts Payable Pain Points with New Solution
11/01/18 WEX Inc. Signs Agreement to Acquire Noventis
10/31/18 The NAPCP’s Revenue Sharing Report Shows How to Increase Rebates, Improve Contract Negotiations, and Strengthen Provider Relationships
10/22/18 Marqeta Now Issuing Visa Cards and Transacting in Europe
10/22/18  Visa Readies B2B Connect for Market 
10/18/18  American Express Early Pay Offers Flexible, Cost-Effective Supplier Payment Options
10/17/18  Public Service Announcement from the FBI: Business Email Compromise
10/02/18 SIA Completes Acquisition of Card Processing Businesses in Central and Southeastern Europe
10/02/18  J.P. Morgan Interbank Information Network℠ Expands to More Than 75 Banks
10/02/18 Accelya and Mastercard Partner to Provide an End-to-End Payments Management Solution for Airlines
10/01/18  NACHA Acquires Business Payments Directory Association 
9/25/18 TD Bank Adopts Bottomline Technologies' Paymode-X with Visa Payables Solutions
9/24/18  China’s UnionPay plans global expansion of QR code e-payments in battle with Alipay and Tenpay
9/17/18 Expensify Integrates with Global VaTax and Taxback International to Streamline VAT Reclamation
9/12/18  Nexus and Visa to Expand B2B Payments to Real Estate
9/10/18 Integrating With Uber for Business, Rydoo Makes it Effortless for Business Travelers
8/21/18  Speakers Wanted for the NAPCP 20th Annual Commercial Card and Payment Conference
8/10/18  Visa, Mastercard and American Express Lower Interchange Fees in Canada
8/03/18  BPDA to Partner with Discover Financial Services to Provide Blockchain Platform for B2B Directory
8/01/18  Visa and WEX Team Up to Offer Choice and Versatility to Commercial Payments Customers
7/26/18  BofA Merrill Launches Mobile App for Commercial Prepaid Card
7/25/18  BMO Financial Group Partners with Conferma to Bring Virtual Card Benefits to T&E Corporate Clients
 6/20/18 Supplier Acceptance of Purchasing Cards Grows, Study Finds
 6/18/18  AirPlus International Introduces New European Corporate Card
 5/10/18 Citi Treasury & Trade Solutions Announces New Leadership for North America Commercial Cards & Trade
5/09/18 InterplX Expense Management Introduces ExpenseNet® 8.0 To Deliver Simplified Expense Reporting
  4/30/18 The NAPCP Recognizes Extraordinary Association Members with Awards at its 19th Annual Commercial Card and Payment Conference in San Diego, April 9-12, 2018
  4/10/18  U.S. Bank Mobile Payment Expands to Mastercard Business Travel Cards 
  3/26/18  NatWest Lauanches ClearSpend App to Support Business Spending
  2/28/18  NACHA and IFX Forum Announce Intent to Combine
  2/09/18  Visa Acquires Fraedom to Expand Its Global Commercial Offerings
  2/01/18 NACHA and Accenture Join Forces to Create Online Community to Support Standardization
  1/04/18 Unified Brand: SAP Concur
 Older  Click here to access press releases prior to November 2017

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If you are interested in submitting a press release to the NAPCP, please note that submissions:
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  • may be removed from the site at the sole discretion of the NAPCP, such as when a submission becomes outdated
  • should be e-mailed to Community Engagement Manager Heather Miller   

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