Boost And Mastercard Find Blue Skies And White Spaces In The Caribbean B2B Market

02.14.2018 in #News

February 14, 2018  | Beyond the stereotype of the piña colada on the beach and tropical climates, the Caribbean beckons as a hot spot for B2B payments through virtual commercial cards. Boost Payment Solutions, a New York-based FinTech focused exclusively on B2B payments, announced late last month that they’d signed a strategic alliance with Mastercard to bring straight-through processing — via the company’s Boost Intercept platform — to the Caribbean. In an interview with PYMNTS’ Karen Webster, Boost Payment Solutions’ CEO Dean Leavitt said the agreement brings virtual card payments to nascent markets, where tens of billions of dollars flow between buyers and suppliers, and where many verticals — such as auto dealerships, hospitality services and pharmacies — rely heavily on imports to get goods on the shelves. “The Caribbean is truly embryonic when it comes to B2B electronic payments … so we’ve partnered with Mastercard to attack that marketplace and eliminate any ...

Leading Brands Use CashStar to Power Gift Card Promotions for Father’s Day and Commencement Season

06.7.2017 in #News

CashStar, the industry-leading provider of prepaid commerce solutions, today announced that a number of renowned brands are using the expansive capabilities of its best-in-class prepaid commerce platform, CashStar Commerce, to offer gift card-based marketing promotions this Father’s Day and graduation season.

Coupa Rounds Out Offering With Launch Of B2B Payments Capabilities

05.17.2017 in #News

Spend management company Coupa has entered the realm of B2B payments. The company announced the launch of Coupa Payments Tuesday (May 16), a tool that aims to streamline cross-border payments for its corporate customers. The solution digitizes payment operations to ensure companies can pay their suppliers electronically, the company said in its announcement.

Municipal Credit Union Selects Payveris’ Digital Payments Platform

01.10.2017 in #News

  ROCKY HILL, Conn., January 7, 2017 – Payveris, a provider of next generation API centric digital payment solutions designed to empower U.S. banks and credit unions to stay relevant with their customers by transforming the way they deliver digital payment and money movement services, announces $2.5 billion New York-based Municipal Credit Union (MCU) has selected and launched Payveris’ digital payments platform to support its digital payment and money movement strategy. MCU selected Payveris’ digital payments platform for its complete line of services including consumer bill pay, business bill pay, external or account-to-account transfers, P2P and digital commerce. MCU will integrate the Payveris digital payments platform into all its digital channels, including desktop, tablet and mobile devices. Payveris’ cloud-based open API digital payments platform will enable MCU to not only enhance their member experience for traditional digital payment services like bill payment and P2P transfers, but the platform will also position ...

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