More businesses are taking advantage of what a commercial
card program can offer, with over one-third (35 percent) of respondents
utilizing travel and expense, procurement card and virtual card products,
compared to the less than 20 percent last year, according to Capital One’s 2019
survey at the annual NAPCP Commercial Card & Payment Conference.
Although one in three people say
The majority of consumers (71 percent) find good credit card offerings important when choosing a financial institutions for everyday banking needs, according to a recent consumer survey by Austin, Texas-based Kasasa.
“The death of plastic.” Apple Pay’s launch in 2014 invited headlines touting the digital payments revolution, but in the years since, plastic has thrived. Consumers swiped, they dipped and now they’re beginning to tap
— all with a physical card. Some argue that the proliferation of tapping a physical card at checkout will increase comfort tapping one’s phone. However, a new issue of Auriemma Research’s Mobile Pay Tracker suggests that contactless cards may have some mobile-friendly consumers reverting from digital to physical payments.
20 percent of businesses plan to automate accounts payable within one year.
Corporate finance departments continue their unrelenting push to automate manual functions, according to the fourth annual State of Accounts Payable Report, based on a survey conducted by AP and payment automation solution provider MineralTree.