Boston, September 5, 2018 – Commercial cards are emerging as a data-driven offering that is integrating into enterprise business processes, improving the customer experience, and growing issuer revenue. Do the growth of and renewed interest in commercial cards represent a significant opportunity for issuing banks of all sizes and any geographic reach to expand their existing card portfolios, develop new product and service lines, and deepen their relationships with their customers?
Based on a series of seven Aite Group interviews conducted in Q1 2018 with North American commercial card executives at regional and super-regional issuing banks, this report (produced by Aite Group in conjunction with Fraedom) highlights five key insights on the current state of the commercial card market.
This 18-page Impact Note contains one figure and one table. Clients of Aite Group’s Wholesale Banking & Payments service can download this report, the corresponding charts, and the Executive Impact Deck.