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Commercial cards: old rails, new tricks

Renewed interest in commercial card programmes has led to a flurry of innovation in the space, ultimately giving corporates more flexibility.
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Commercial card programmes are seeing a popular resurgence among corporates, encouraging banks and card issuers to develop new products and services.

Corporates want to solve a number of issues to better weather the tough economic environment, including shortening working capital cycles, protecting supply chains, increasing efficiency while cutting costs, and significantly improving reconciliation, which has long been a pain point on both sides of the transaction.

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