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<title>Industry News Brought to You by Institute of Commercial Payments</title>
<link>https://www.iocpnow.com/news/default.asp</link>
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<lastBuildDate>Tue, 21 Jul 2026 14:59:46 GMT</lastBuildDate>
<pubDate>Thu, 16 Jul 2026 19:31:00 GMT</pubDate>
<copyright>Copyright &#xA9; 2026 Institute of Commercial Payments</copyright>
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<title>Participate in Mastercard and SAP Taulia Survey of Virtual Cards and Artificial Intelligence</title>
<link>https://www.iocpnow.com/news/news.asp?id=731336</link>
<guid>https://www.iocpnow.com/news/news.asp?id=731336</guid>
<description><![CDATA[<p>Join more than 100 participating peers in a survey conducted by Mastercard and SAP Taulia to identify the everyday challenges you face managing Virtual Card operations, and how AI could streamline your toughest tasks.&nbsp;<br />&nbsp;<br />No one knows the pains and promise of B2B Virtual Cards better than you. You’ve witnessed what’s worked well, what’s manageable, and … let’s say, what could use refining. With the meteoric rise of AI, you’re also eager to understand how the day-to-day administration of Virtual Cards will evolve in the near future.<br />&nbsp;<br />The survey is open to end-users only and will take roughly 20 to 30 minutes. Respond by July 31, 2026.<br />&nbsp;<br />Mastercard and SAP Taulia will present their findings in a fall webinar for the IOCP community. Survey respondents will receive the added benefit of receiving the full report ahead of the webinar.</p><p>&nbsp;</p><p><a href="https://questionpro.com/t/AXgMCZ9R4K" class="formbutton" target="_blank" style="color: #ffffff; background: #113366; outline: 0px; text-decoration: none; box-shadow: rgba(72, 72, 72, 0.28) 0px 0px 20px 0px; transform: translateY(-5px);">respond now</a></p>]]></description>
<pubDate>Thu, 16 Jul 2026 20:31:00 GMT</pubDate>
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<title>China Expands Digital Yuan Cross-Border Payment Network</title>
<link>https://www.iocpnow.com/news/news.asp?id=729936</link>
<guid>https://www.iocpnow.com/news/news.asp?id=729936</guid>
<description><![CDATA[<p data-start="68" data-end="561" class="PDq2pG_selectionAnchorContainer"><span style="font-size: 16px;">China has added 26 financial institutions to its cross-border digital yuan (e-CNY) payment platform, expanding direct participation in its international settlement network. The initiative aims to improve payment efficiency, support cross-border trade and promote wider use of the yuan in global transactions. The move is part of China's broader effort to build alternatives to traditional international payment systems and strengthen the yuan's role in global commerce.<br /><br /></span></p><p><a href="https://www.iocpnow.com/page/ChinaExpandsDigitalYuan" class="formbutton" target="_blank">members READ MORE</a></p><p><span style="font-size: 34px; color: #113366;"></span><a href="https://www.iocpnow.com/page/join" class="formbutton">not a member? jOIN NOW</a></p>
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<pubDate>Wed, 24 Jun 2026 19:02:00 GMT</pubDate>
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<title>Digital Euro Clears Key EU Hurdle</title>
<link>https://www.iocpnow.com/news/news.asp?id=729789</link>
<guid>https://www.iocpnow.com/news/news.asp?id=729789</guid>
<description><![CDATA[<span style="font-family: Lato;"></span>
<p><span style="font-size: 18px;">The European Parliament’s economic committee has approved key legislation supporting the digital euro, a major step toward creating a central bank digital currency (CBDC) for the eurozone. The initiative aims to provide a secure digital payment option, strengthen Europe’s payments sovereignty, and reduce dependence on international card networks and foreign payment providers. The European Central Bank plans further testing before a potential pilot in 2027, with a full rollout targeted for 2029. For businesses, the digital euro could improve payment efficiency, increase competition in payments, and support innovation in commercial and cross-border transactions.<br /><br /></span></p><p><a href="https://www.iocpnow.com/page/DigitalEuroClearsKeyHurdle" class="formbutton" target="_blank">members and subscribers READ MORE</a></p><p><span style="font-size: 34px; color: #113366;"></span><a href="https://www.iocpnow.com/page/join" class="formbutton">not a member? jOIN NOW</a></p>
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<pubDate>Tue, 23 Jun 2026 17:25:00 GMT</pubDate>
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<title>AI Moves Deeper Into Accounting Operations</title>
<link>https://www.iocpnow.com/news/news.asp?id=729100</link>
<guid>https://www.iocpnow.com/news/news.asp?id=729100</guid>
<description><![CDATA[Ramp launched an AI platform for accounting firms designed to automate tasks such as reconciliations, transaction coding, and month-end close processes. The move reflects a broader trend of firms using AI to address staffing shortages and shift resources toward higher-value advisory work.<br /><br />
<p><a href="https://www.iocpnow.com/page/AIaccountingoperations" class="formbutton" target="_blank">members and subscribers READ MORE</a></p>

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<pubDate>Tue, 9 Jun 2026 19:40:00 GMT</pubDate>
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<title>Mastercard Tests Instant Cross-Currency Settlement Model</title>
<link>https://www.iocpnow.com/news/news.asp?id=728484</link>
<guid>https://www.iocpnow.com/news/news.asp?id=728484</guid>
<description><![CDATA[Mastercard participated in a European central bank pilot that tested instant cross-border payments with simultaneous settlement in different currencies. The project offers a glimpse into how future payment infrastructure could reduce settlement risk and improve speed, transparency and efficiency in international money movement.<br /><br />
<p><a href="https://www.iocpnow.com/page/MCcrosscurrencysettlementmodel" class="formbutton" target="_blank">members and subscribers READ MORE</a></p>

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<pubDate>Thu, 4 Jun 2026 20:21:00 GMT</pubDate>
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<title>New Visa-Backed Solution Extends Working Capital on Supplier Payments</title>
<link>https://www.iocpnow.com/news/news.asp?id=728483</link>
<guid>https://www.iocpnow.com/news/news.asp?id=728483</guid>
<description><![CDATA[PingPong launched a Visa-backed payment solution that allows businesses to pay suppliers with Commercial Cards even when suppliers do not accept card payments. The model highlights a growing approach to extending working capital and optimizing cash flow while maintaining existing supplier payment processes.<br /><br />
<p><a href="https://www.iocpnow.com/page/workingcapitalonsupplierpayments" class="formbutton" target="_blank">members READ MORE</a></p>

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<pubDate>Tue, 2 Jun 2026 20:07:00 GMT</pubDate>
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<title>Coupa Expands AI Automation Push With Tonkean Acquisition</title>
<link>https://www.iocpnow.com/news/news.asp?id=727923</link>
<guid>https://www.iocpnow.com/news/news.asp?id=727923</guid>
<description><![CDATA[Coupa acquired workflow automation platform Tonkean to expand AI-driven orchestration across procurement, supplier management and payments. The move highlights growing interest in autonomous spend management tools designed to reduce manual processes and streamline buyer-supplier transactions.<br /><br />
<p><a href="https://www.iocpnow.com/page/AgenticIntakeGlobalTrade" class="formbutton" target="_blank">members READ MORE</a></p>

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<pubDate>Thu, 28 May 2026 18:13:00 GMT</pubDate>
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<title>UK Proposes Tougher Late Payment Rules for Large Firms</title>
<link>https://www.iocpnow.com/news/news.asp?id=727922</link>
<guid>https://www.iocpnow.com/news/news.asp?id=727922</guid>
<description><![CDATA[The UK government introduced legislation that would cap supplier payment terms at 60 days, require mandatory interest on overdue invoices and give regulators stronger powers to fine chronic late payers. The proposed reforms could reshape commercial payment practices and cash flow management for businesses working across corporate supply chains.<br /><br />
<p><a href="https://www.iocpnow.com/page/UKLatePaymentLaws" class="formbutton" target="_blank">members and subscribers READ MORE</a></p>

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<pubDate>Tue, 26 May 2026 18:09:00 GMT</pubDate>
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<title>Amex Adds ChatGPT Business Credit to Platinum and Gold Business Cards</title>
<link>https://www.iocpnow.com/news/news.asp?id=727741</link>
<guid>https://www.iocpnow.com/news/news.asp?id=727741</guid>
<description><![CDATA[American Express is offering Business Platinum and Business Gold Card Members up to $300 per year in statement credits for U.S. purchases of ChatGPT Business subscriptions, with enrollment required. The move highlights how Corporate Card benefits are increasingly being used to subsidize AI tools for productivity, analysis and workflow automation.<br /><br />
<p><a href="https://www.iocpnow.com/page/ChatGPTBusinessCredit" class="formbutton" target="_blank">members READ MORE</a></p>

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<pubDate>Thu, 21 May 2026 18:10:00 GMT</pubDate>
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<title>Stablecoin Payments: Tiny Today, Trillions Tomorrow?</title>
<link>https://www.iocpnow.com/news/news.asp?id=727550</link>
<guid>https://www.iocpnow.com/news/news.asp?id=727550</guid>
<description><![CDATA[A new May 2026 infographic from Windward Strategy shows dollar stablecoin purchases running at $390B annually—just 1% of total stablecoin flows and only 20 basis points of global payment volume. But forecasts project stablecoin payments could hit $2–$4T by 2030, raising big questions for banks, BaaS providers and B2B settlement models.<br /><br />
<p><a href="https://www.iocpnow.com/page/StablecoinPaymentNicheorJuggernaut" class="formbutton" target="_blank">members and Subscribers READ MORE</a></p>

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<pubDate>Tue, 19 May 2026 18:27:00 GMT</pubDate>
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<title>Amex Launches AI Upskilling and Scholarship Programs for Small Businesses</title>
<link>https://www.iocpnow.com/news/news.asp?id=727306</link>
<guid>https://www.iocpnow.com/news/news.asp?id=727306</guid>
<description><![CDATA[American Express announced two new AI education initiatives aimed at helping small businesses apply AI in daily operations, including a free global training program with Generation in English and Spanish. It also launched a U.S. scholarship program offering up to $1,000 for eligible small business employees pursuing AI certifications through June 10, 2026.<br /><br />
<p><a href="https://www.iocpnow.com/page/AIScholarship" class="formbutton" target="_blank">members and subscribers READ MORE</a></p>

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<pubDate>Thu, 14 May 2026 21:07:00 GMT</pubDate>
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<title>Highnote Expands Virtual Card Issuing Tools for Travel Supplier Payments</title>
<link>https://www.iocpnow.com/news/news.asp?id=727067</link>
<guid>https://www.iocpnow.com/news/news.asp?id=727067</guid>
<description><![CDATA[Highnote announced expanded Commercial Card issuing capabilities designed for online travel agencies and marketplaces, including single-use Virtual Cards tied to bookings, staged supplier capture and granular spend controls. The platform combines issuing, acquiring and real-time ledger visibility to improve reconciliation and supplier payments, with added access to wholesale travel BINs across both major card networks.<br /><br />
<p><a href="https://www.iocpnow.com/page/VirtualCardIssuingTools" class="formbutton" target="_blank">members READ MORE</a></p>

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<pubDate>Tue, 12 May 2026 18:14:00 GMT</pubDate>
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<title>New X9 Standard Targets Virtual Card Reconciliation Headaches</title>
<link>https://www.iocpnow.com/news/news.asp?id=726849</link>
<guid>https://www.iocpnow.com/news/news.asp?id=726849</guid>
<description><![CDATA[Accredited Standards Committee X9 has released X9.149, a new U.S. standard aimed at automating how suppliers receive and reconcile single-use Virtual Card payments, aligning with ISO 20022 remittance guidance. The standard addresses inconsistent issuer email formats that drive manual processing and errors and could improve cash application rates and interoperability for payment software providers.<br /><br />
<p><a href="https://www.iocpnow.com/page/X9virtualcardreconciliation" class="formbutton" target="_blank">members READ MORE</a></p>

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<pubDate>Thu, 7 May 2026 14:00:00 GMT</pubDate>
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<title>Visa and TikTok Launch UK “Creator Card” to Speed Up TikTok LIVE Payouts</title>
<link>https://www.iocpnow.com/news/news.asp?id=726848</link>
<guid>https://www.iocpnow.com/news/news.asp?id=726848</guid>
<description><![CDATA[Visa and TikTok have introduced the UK’s first debit “Creator Card,” designed to help TikTok LIVE creators access earnings faster and separate business and personal spending. The move targets common cash-flow pain points, with Visa research showing 49% of UK creators face late payments and 41% have turned down work due to payout delays.<br /><br />
<p><a href="https://www.iocpnow.com/page/TikTokCreatorCard" class="formbutton" target="_blank">members READ MORE</a></p>

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<pubDate>Mon, 4 May 2026 14:00:00 GMT</pubDate>
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<title>EnKash Updates Multi-Wallet Card to Match India’s New Tax Benefit Rules</title>
<link>https://www.iocpnow.com/news/news.asp?id=726057</link>
<guid>https://www.iocpnow.com/news/news.asp?id=726057</guid>
<description><![CDATA[EnKash updated its Tax Benefit Multi-Wallet Card to reflect India’s latest income tax reforms, including a major increase in meal allowance exemptions. The platform aims to help employers restructure employee benefits for higher take-home pay without raising payroll costs, using automated compliance controls and spend tracking via UPI or card.<br /><br />
<p><a href="https://www.iocpnow.com/page/IndiaTaxBenefit" class="formbutton" target="_blank">members READ MORE</a></p>

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<pubDate>Fri, 1 May 2026 14:00:00 GMT</pubDate>
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<title>Amex Moves Deeper Into Agentic Expense Management With Hyper Acquisition</title>
<link>https://www.iocpnow.com/news/news.asp?id=726056</link>
<guid>https://www.iocpnow.com/news/news.asp?id=726056</guid>
<description><![CDATA[American Express announced plans to acquire Hyper, an AI-driven expense management firm known for “agentic” tools that automate expense categorization, policy checks and reminders. The deal, expected to close in Q2 2026, signals growing competition to embed autonomous AI agents into Corporate Card and commercial expense platforms.<br /><br />
<p><a href="https://www.iocpnow.com/page/AI_expense_management" class="formbutton" target="_blank">members READ MORE</a></p>

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<pubDate>Wed, 29 Apr 2026 14:00:00 GMT</pubDate>
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<title>Amazon Shifts Business Card Program to U.S. Bank and Mastercard</title>
<link>https://www.iocpnow.com/news/news.asp?id=726055</link>
<guid>https://www.iocpnow.com/news/news.asp?id=726055</guid>
<description><![CDATA[Amazon is launching a new Prime Business Card and Amazon Business Card this spring, issued by U.S. Bank on the Mastercard network, with up to 5% back on Amazon purchases depending on Prime membership. The new program signals a major issuer/network move for Amazon Business customers and promises added off-Amazon rewards, flexible credit terms, and spend management features aimed at small businesses.<br /><br />
<p><a href="https://www.iocpnow.com/page/AmazonCardProgramShift" class="formbutton" target="_blank">members and subscribers READ MORE</a></p>

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<pubDate>Tue, 28 Apr 2026 14:00:00 GMT</pubDate>
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<title>EX.IO, Payment Asia Team Up on Hong Kong Regulated Stablecoin Payments</title>
<link>https://www.iocpnow.com/news/news.asp?id=725562</link>
<guid>https://www.iocpnow.com/news/news.asp?id=725562</guid>
<description><![CDATA[Digital asset exchange EX.IO and merchant acquirer Payment Asia signed an MOU to explore regulated stablecoin use cases in Hong Kong, including custody, trading and merchant acquiring/settlement. The partnership comes as Hong Kong moves forward with stablecoin licensing.<br /><br />
<p><a href="https://www.iocpnow.com/page/regulatedstablecoinpayments" class="formbutton" target="_blank">members READ MORE</a></p>

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<pubDate>Thu, 23 Apr 2026 14:00:00 GMT</pubDate>
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<title>Visa Launches ‘Intelligent Commerce Connect’ to Support AI Agent Payments</title>
<link>https://www.iocpnow.com/news/news.asp?id=725560</link>
<guid>https://www.iocpnow.com/news/news.asp?id=725560</guid>
<description><![CDATA[Visa introduced Intelligent Commerce Connect, a new integration layer designed to help merchants, agent builders and payment platforms support AI agent-initiated transactions with tokenization, authentication, and spend controls. The pilot aims to simplify acceptance of “agentic commerce” across multiple protocols and even non-Visa card rails through a single connection to Visa’s Acceptance Platform.<br /><br />
<p><a href="https://www.iocpnow.com/page/intelligentcommerceconnect" class="formbutton" target="_blank">members and subscribers READ MORE</a></p>

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<pubDate>Tue, 21 Apr 2026 14:00:00 GMT</pubDate>
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<title>Visa Launches New AI Dispute Tools as Global Chargebacks Rise</title>
<link>https://www.iocpnow.com/news/news.asp?id=725178</link>
<guid>https://www.iocpnow.com/news/news.asp?id=725178</guid>
<description><![CDATA[Visa says it processed 106 million disputes in 2025—up 35% since 2019—and is rolling out six new and upgraded dispute resolution tools aimed at reducing fraud losses and manual back-office work. The updates include AI-driven representment, document analysis, win prediction scoring and a centralized case management platform for issuers, acquirers, and merchants.<br /><br />
<p><a href="https://www.iocpnow.com/page/AIDisputeTool" class="formbutton" target="_blank">members and subscribers READ MORE</a></p>

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<pubDate>Wed, 15 Apr 2026 14:00:00 GMT</pubDate>
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<title>SAP Taulia Targets the Biggest Virtual Card Adoption Roadblocks for Suppliers</title>
<link>https://www.iocpnow.com/news/news.asp?id=725186</link>
<guid>https://www.iocpnow.com/news/news.asp?id=725186</guid>
<description><![CDATA[SAP Taulia rolled out new “Supplier Acceptance” features aimed at fixing why many B2B Virtual Card programs stall—supplier fees, manual reconciliation and transaction limits that can block large payments. The update includes hands-free card-to-account processing via partners like Visa, Mastercard, Boost and ipaymy, plus multi-use Virtual Cards and invoice netting tools designed to reduce payment friction and speed supplier cash flow.<br /><br />
<p><a href="https://www.iocpnow.com/page/VirtualCardSupplierAcceptanceFeatures" class="formbutton" target="_blank">members READ MORE</a></p>

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<pubDate>Tue, 14 Apr 2026 14:00:00 GMT</pubDate>
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<title>Asia Pacific CFOs Turn to Cards and Digital Tools to Unlock Working Capital</title>
<link>https://www.iocpnow.com/news/news.asp?id=724771</link>
<guid>https://www.iocpnow.com/news/news.asp?id=724771</guid>
<description><![CDATA[A new report from Visa finds many Asia Pacific firms still lack effective working capital tools, even as liquidity pressures rise. Companies using digital payments and cards are reducing late-payment losses by about 10%, highlighting a shift toward using working capital as a growth lever.<br /><br />
<p><a href="https://www.iocpnow.com/page/DigitalToolsUnlockWorkingCapital" class="formbutton" target="_blank">members and subscribers READ MORE</a></p>

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<pubDate>Fri, 10 Apr 2026 14:00:00 GMT</pubDate>
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<title>Cardlay Enters U.S. with Embedded Commercial Card Platform</title>
<link>https://www.iocpnow.com/news/news.asp?id=724770</link>
<guid>https://www.iocpnow.com/news/news.asp?id=724770</guid>
<description><![CDATA[Cardlay has launched its first U.S. embedded Commercial Card and spend management program, aiming to help banks and fintechs modernize without replacing core systems. The rollout, in partnership with Conduiit, reflects growing demand for API-driven, white-label infrastructure to compete with digital-first card providers.<br /><br />
<p><a href="https://www.iocpnow.com/page/EmbeddedCommercialCardPlatform" class="formbutton" target="_blank">members READ MORE</a></p>

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<pubDate>Wed, 8 Apr 2026 14:00:00 GMT</pubDate>
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<title>Amex Expands Business Card Suite with AI and Cash Back Push</title>
<link>https://www.iocpnow.com/news/news.asp?id=724769</link>
<guid>https://www.iocpnow.com/news/news.asp?id=724769</guid>
<description><![CDATA[American Express has launched a new business cash back card and outlined a broader rollout of cards, expense tools, and AI features, including a ChatGPT-related statement credit. The expansion signals a push to combine Corporate Cards with integrated spend management and automation.<br /><br />
<p><a href="https://www.iocpnow.com/page/AI_CashBack_AMEX " class="formbutton" target="_blank">members READ MORE</a></p>

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<pubDate>Tue, 7 Apr 2026 14:00:00 GMT</pubDate>
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<title>J.P. Morgan Expands Virtual Card Push Into Europe</title>
<link>https://www.iocpnow.com/news/news.asp?id=724059</link>
<guid>https://www.iocpnow.com/news/news.asp?id=724059</guid>
<description><![CDATA[J.P. Morgan Payments is bringing its Virtual Card offering to Europe in partnership with Mastercard, extending B2B payment automation capabilities beyond North America. The move targets industries with complex supplier payments, as firms look to streamline reconciliation and improve working capital management.<br /><br />
<p><a href="https://www.iocpnow.com/page/JPMorganEUvirtualcards" class="formbutton" target="_blank">members READ MORE</a></p>

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<pubDate>Fri, 3 Apr 2026 14:00:00 GMT</pubDate>
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