Eighty years ago a group of major airlines implemented the first commercial cards. Since then, cards have evolved from addressing expenses for traveling employees to eliminating friction across the business-to-business (B2B) financial supply chain. Banks are collaborating with B2B fintech firms to deliver innovative procure-to-pay solutions, bringing consumer digital experiences into traditional procurement, finance, and treasury processes.

Contributing to the adoption of commercial cards are four forces: working capital optimization, regulatory and compliance, fraud and control, and technology and innovation.