Payments Blog

Everything You Want to Know About FinTech, AP Automation, and B2B Payments

Future-proof Your Business with Technology: from Programmatic Buying to Accounts Payable

If you’re using software algorithms to help you more effectively buy ads, why not use technology to optimize your accounts payable, too? The formula for success in business is simple, the value of your output must be greater than the cost of your input. In other words, the less you spend to run your agency, […]

With Cashless Payments, Hotels are Making Strides Towards Recovery

Dirty money has more than one connotation and given the current state of the world, we mean germs! Cash is known to host all types of viruses and bacteria. Depending on the germ, some can even live up to 17 days on cash. The hotel industry is mindful of this, and as travel starts to […]

The New Normal…How to Prepare your AP Department for the Next Unknown Event

As the country begins the slow process of reopening businesses, schools, and social activities, it’s a good time to reflect on the lessons learned over the past few months. As individuals, we learned to value time spent with loved ones and appreciate the ability to come and go as we please. And for businesses, many […]

The New Normal, Post-COVID-19 for the Three Main Travel Industries: Air, Car, and Hotel

As coronavirus numbers begin to spike again for 23 states in the U.S. after most of the mandatory restrictions have been lifted, the travel industry will continue to be altered to prevent a greater risk of exposure. The daily lives of so many have been affected because of the coronavirus pandemic. Birthday celebrations, family vacations, […]

Payments Automation: Taking it to the Next Level

More businesses are realizing the benefits of automating their accounts payable (AP) processes. The increase in efficiency and productivity, along with the added security and opportunity for new income have convinced companies to rethink their strategies and make automation a top priority. Just how far can automation take your business? In today’s economy, reducing costs […]

Technology, Innovation, and Automation for Buyers and Suppliers

In these unprecedented times, companies globally are rethinking, re-educating, and retooling their organizations to grow and thrive in the state we’re currently living in. Although this could take many forms, technology, innovation, and automation play a big part in this transformation. Just a few months ago, no one realized how much we take for granted […]

Automation to Reboot your Business

Over the past several weeks, we’ve all seen an abundance of stories on the declining economy. Although the current news does not seem promising, as businesses reboot they will need to determine what key elements will add value to the business and meet the immediate and future needs of their organization. An obvious answer is […]

Coronavirus has driven WFH (Work From Home) and the related Connectivity Considerations

Assure Functionality, Productivity, and Security   Given the current state of the COVID-19 coronavirus pandemic, first and foremost our thoughts are with the individuals and families affected. Clearly, a top priority for all is the health and well-being of employees, including moving many work functions from the office environment to home to minimize the spread […]

Cloud Payment Management for Mid-Market and Large Enterprises

Keep the Board of Directors and C-Suite Smiling For 2020, the messaging from Boards of Directors and the C-Suite may vary, but in general, the expected deliverables are to ‘grow revenue and increase profitability’. Related to technology management, and more specifically cloud infrastructure and applications, well-defined strategies, clear objectives, and measured outcomes are required. According […]

Corporate Distancing: Virtual Alternatives to Tradeshows

As the coronavirus pandemic continues to spread across the globe, various industries are beginning to take a hit. The effects on the tradeshow industry and businesses relying heavily on revenue generated by these events are playing out in unfortunate ways. The majority of show organizers are either canceling or postponing their events. While that decision […]

3 Simple Ways to Protect Against Corporate Travel Fraud

Card skimming, data breaches and other types of fraud are on the rise, and travel programs—with multiple vendors and travelers handling sensitive information and high transaction volumes—are an easy target. In fact, according to a 2019 survey of 144 travel managers and buyers, 69 percent reported a payment data breach within the last year which […]

How Payments Innovation is Shaping the Evolution of Data Security

With the ease and lower cost of electronic payments come new security considerations and uncharted regulatory waters. The first generation of wireless cellular technology (1G) brought us basic mobile voice communication—think Gordon Gekko’s Motorola DynaTAC. Then 2G came along with the addition of texting functionality. 3G introduced basic mobile computing, and 4G ushered in the […]

Making updates to your Club? Don’t forget the back office.

Over the last several years, golf and country clubs nationwide have been under pressure to deliver higher levels of service with facilities that are attractive and competitive in the eyes of a very discerning clientele. The importance of keeping pace with the latest trends and holding the interests of current and future generations can’t be […]

Why Consumer Trust in Fintech Continues to Grow

In case you hadn’t heard, financial technology companies are officially saturating the B2B payments landscape and in many cases giving banks a run for their money on innovative options. The mission of every fintech we know is to change B2B payments processing for the better by removing friction from the buyer to supplier payment experience. […]

How Technology Trends in the Hospitality Industry Are Winning Guests Over

The demands and expectations of the average consumer are at an all-time high and this couldn’t be more relevant than in the hospitality industry. Hotel guests aren’t just looking for a place to stay anymore, they want an experience; one that’s not only memorable, but also safe and hassle free. The ability of hoteliers to […]

Why the Construction Industry Should Embrace Accounts Payable Automation

The construction industry is everchanging. New technologies are quickly emerging on the scene, improving the day-to-day tasks of contractors, developers, site managers, and labor workers. While the industry has started to embrace technology in the field, the accounts payable departments at construction companies have traditionally been left to manage B2B payments using outdated, manual processes. […]

Be Thankful for Virtual Cards This Holiday Season

This holiday season, we have a lot to be grateful for, and the development of smarter, more secure corporate travel payments is on the top of our list.  With yet another hotel data breach making recent headlines, corporate travel managers are desperately searching for a more secure payment alternative that will mitigate the risk of […]

The Worst Advice About AP Automation We’ve Ever Heard

If you have made the decision to invest in AP automation, you’re probably already familiar with the many benefits it can bring to your organization, such as increased productivity, reduced costs, and greater workflow efficiency. While these benefits are pretty straightforward, you will likely develop questions as you continue down the path of implementation. Eliciting […]

How to Overcome Unethical Behavior in the Workplace

Most of us will face an unethical behavior in the workplace at some point in our careers. In fact, nearly half of workers in the United States acknowledge having witnessed ethical misconduct in the workplace within the past year. Although there are varying degrees of unethical behavior, the potential consequences can be damaging – not […]

Secrets to Staying Healthy During Business Travel

Traveling for business can be difficult, with abnormal travel times, busy schedules, and jet lag. Not only are you dealing with the usual pain points of travel, you have the added pressure of making a good impression in front of colleagues and clients. You barely have time to sleep, let alone think about where you […]

FAQS About AP Automation

You may have heard about Accounts Payable automation, but if you still have FAQs about AP automation, you’ve come to the right place. We’re all about transforming AP departments into automated powerhouses that lead with electronic payments, so we likely have the answers to your most burning questions. Below are the most common FAQs about […]

Excel Tips for AP Professionals

As an AP Professional, you probably rely on Microsoft Excel for much of what you do in a typical workday. As helpful and essential as Excel can be, it’s many features and functions can be overwhelming. There are countless commands and shortcuts within Excel designed to help streamline your spreadsheets, but you may not know […]

Corporate Travel – Virtual Credit Card Payments 101

It’s important for every company to have an efficient and secure travel and expense management practice in place, which is what virtual credit card payments can provide. Traditional corporate credit cards may have worked well to control travel spend and offer flexibility for employees in the past, but evidence shows us that these traditional methods […]

What Visa Ready Means and Why It Matters

Being Visa Ready for Visa Business Solutions means we have the applications, tools, services, and product specifications required to meet the highest level of payment standards set by one of the premier authorities in the credit card payments space. We’ve been schooled in best practices directly by Visa and we can offer the same resources […]

The Evolution of Our Brand – Corporate Spending Innovations

Corporate Spending Innovations. CSI then. CSI now. Deciding to rebrand a company is a huge undertaking with no guarantees that it will deliver desirable results. There are many things to consider, especially when your brand is already resonating with clients and partners and has been for nearly three decades. At CSI we’ve always embraced the […]

Year in Review: 2017 Highlights

As the year comes to a close, it’s not just personal reflection that gives us pause. We are a company founded on innovation and to be that we must consistently assess our business practices and milestones to ensure we are on the right path. Our 2017 year in review proves that we are certainly headed […]

FinTech 101

The Financial Technology (FinTech) revolution is changing finance for the better globally. Driven by innovative business models designed to make handling finances more secure and efficient, start-up FinTechs are offering services that were once almost exclusively the business of banks. FinTech companies around the world are working in “tech hubs” to develop ground-breaking new technologies […]

Accounts Payable Automation 101

If you’re finding your Accounts Payable (AP) team bogged down in paperwork, manual processes, and hours of reconciling against invoices and employee travel expenses, now is the time to explore ways of simplifying and automating your business operations to bring in additional revenue. What Is AP Automation? Accounts Payable (AP) Automation is essentially eliminating paper-intensive […]

Best Company to Work for in Bonita Springs

The best company to work for in Bonita Springs could quite possibly be CSI Enterprises, Inc. (CSI). Headquartered in Bonita Springs, FL alongside other big names like Chico’s FAS, Arthrex, and Hertz, CSI is quickly becoming the company to watch not only for product innovation, but also for a work environment reminiscent of a Silicon […]

Delicious Nutritious Markets, CSI Kick Start and Rocket Lounge Host Wellness@Work Event on March 8

Event to Showcase Healthy Food Tasting and Education about Healthy Workplace Eating Habits   Bonita Springs, FL (January 25, 2017) – Delicious Nutritious Markets, CSI Kick Start and The Rocket Lounge will host a Wellness@Work event on March 8 at 5:30 p.m. to highlight the importance of fresh, healthy food in the workplace. This educational […]

Meet the Team – Introducing globalVCard’s Rylee Grear

So Rylee, tell me a little about yourself! I live in Cape Coral, Florida with my boyfriend, Chris, my stepson, Cody, and our two big baby Rottweiler’s, Woody and Zeke. In my free time, I am usually found curled up with a good book, beating my family at game night, in the kitchen cooking up […]

Meet the Team – Introducing globalVCard’s Juliann Pless

As an SVP at CSI globalvCard, Juliann oversees the sales and operations of globalVCard Travel. Juliann has successfully managed the team responsible for the growth of the solution by establishing strategic partnerships, building brand awareness and increasing customer engagement. She frequently shares her expertise in corporate travel payment solutions through national speaking engagements. In 2014, […]

Meet the Team – Introducing globalVCard's Kirk Lucarelli

So Kirk, tell me a little about yourself! I’m from a mixed heritage including the English, Irish, Scottish (meaning they must’ve gotten along at one point) and Italian. I grew up in an average family with two older sisters in Wisconsin, and moved to Florida when I was eight years old. I went to public […]

2016: Year in Review

CSI KickStart CSI Kick Start, Inc., a FinTech startup incubator founded by leading corporate payments innovator CSI Enterprises, announces that its application for FinTech startup funding is now open. Aspiring entrepreneurs seeking to revolutionize key areas of B2B payments including virtual cards, FX, ACH, checks or security concerns may apply online. The CSI KickStart model […]

CSI globalVCard’s Secret Ingredient: Happy Employees

  A recent study by economists at the University of Warwick found that happiness led to a 12% increase in productivity. As the research team put it, “We find that human happiness has large and positive causal effects on productivity. Positive emotions appear to invigorate human beings.” The research showed that happier workers used their […]

All I Want for the Holidays are Comfort, Joy and Peace of Mind

Tis’ the season – for holiday parties, vacations, travel, and time with family and friends. However, business continues on and your employees continue to travel for work as well. Unfortunately, many travel managers end up having to put in extra work on their time off to resubmit credit card authorizations to hotels or correct reservations. […]

CSI-backed Yoke Payments Opens New Market Opportunities for Micro Markets in Small Businesses

CSI Kick Start and Yoke Payments announce that their innovative self-checkout payment technology is opening new opportunities for small businesses to benefit from in-house micro markets. Traditionally, the initial investment to bring healthy vending options to the workplace can reach $20,000 upfront and require a large section of prime real estate to house bulky coolers […]

CSI-Backed Yoke Payments Advances Data Sharing Between Vending and Micro Market Technology Systems

Yoke Payments, the innovative startup company backed by payments incubator CSI Kick Start, is alleviating a major pain point in the vending industry with its latest technology innovation. For several years, the Vending Data Interchange (VDI) Task Force has been attempting to implement standards that guide data sharing among competing technology systems for vending operators. […]

Meet the Team – Introducing globalVCard’s Mary Beth Fisher

Mary Beth Fisher joined our globalVCard family in 2014 as a National Sales Executive. Since that time, she has branded herself as the “heart and soul” of the company – providing a cheery disposition and warm hug to every new team member who joins us. Today, Mary Beth is sharing her story. So Mary Beth, […]

Meet the Team: Introducing globalVCard’s Andrea DeBenedictis

Andrea brings more than 10 years of product management experience to CSI globalVCard as the new head of product. She is passionate about building innovative products that create value. She is excited about infusing that passion into CSI globalVCard’s product strategy and roadmap. So Andrea, tell me a little about yourself! I am first and […]

Meet the Team – Introducing globalVCard’s Nan Dawson

Nan joined CSI in 2012 and has continued to play a pivotal role in the company’s culture of excellence in the areas of customer and partner support, system implementation and strategic vendor enrollment. With 25 years of progressive leadership in the areas of customer service and support, Nan provides the experience and knowledge needed to […]

CSI globalVCard Joins the Global #GivingTuesday Movement by Hosting an Angel Tree

What is #GivingTuesday? Celebrated on the Tuesday following Thanksgiving (in the U.S.) and the widely recognized shopping events Black Friday and Cyber Monday, #GivingTuesday kicks off the charitable season, when many focus on their holiday and end-of-year giving. In 2015, the event brought together over 45,000 partners in 71 countries and helped raise nearly $117 […]

CSI globalVCard is Thankful this Thanksgiving Season

In celebration of Turkey Day, CSI globalVCard would like to give thanks to the people and things that keep us moving forward and continually evolving the way businesses pay around the globe: our customers, our partners, our employees, coffee, and laughter. Customers We understand that changing the way you do business isn’t always easy. But […]

Meet the Team: Introducing globalVCard’s Liane Sanson

Liane Sanson joined CSI globalVCard in 2008 as a regional sales manager. She has since elevated her position multiple times to her current role of Senior Vice President, Global Sales and Operations – Advertising. Liane’s long history with the company has yielded many accomplishments for both CSI and its partners, including record sales and revenue […]

Virtual Payments and Hotel Check-Ins: How to Create Seamless Transactions

If your business pays travel expenses for your workers, you’ve likely already discovered that traditional credit cards can be problematic. Not only can they easily be compromised by physical theft or a data breach, but employees are tasked with carrying them around. As personal payments gradually shift toward mobile, demand will increase for a credit […]

Meet the Team: Introducing globalVCard’s Nikole Hargrave

So Nikole, tell me a little about yourself! I am a wife, a mother of a 5 year old little boy, and a pet lover. I enjoy family time, cooking, music, watching football (usually the Fighting Irish but let’s not go there this year), boating, going to the beach, and yoga. What do you do […]

How Small & Mid-Sized Banks are Driving Electronic AP Payments

Electronic Accounts Payable (AP) payments can be a win-win solution for all, including banks, banking customers—and even outsourced IT vendors! Writing paper checks is a skill that’s dwindling. Ask a young millennial or teen how to properly fill out a check, and they may not even know. It’s no surprise that we’re veering sharply towards […]

Are You a Target? Safeguarding Your AP Department through Automation

To a criminal exploring ways to steal from a business, the accounts payable department often looks like the equivalent of a poorly guarded cashbox. The 2016 AFP Payments Fraud and Control Survey found that 73 percent of all U.S. companies experienced payments fraud last year. Technology and automation take the slack out of manual processing, […]

Happy Halloween from globalVCard!

When witches go riding, and black cats are seen, the moon laughs and whispers, ‘tis near Halloween.   Halloween Costume Contest On Monday, October 31st, at our Annual Halloween Party, we’re holding a costume contest for all globalVCard employees! Winners will be selected in the following categories: Most Creative Costume, Funniest Costume, Cutest Costume, and […]

What is a Virtual Credit Card

In the Digital Era, everything is virtual—including our credit cards. Unlike traditional “plastic,” virtual credit cards feature a number generated at random that’s then linked to your physical credit card. Different credit card companies work differently, and some allow you to set maximum charges solely for that virtual number. This cap means even more protection […]

7 Tips To Manage Employees Traveling Expenses

In the world of global marketplaces, virtual offices, and where telecommuting is the norm, managing your employees’ traveling expenses is easier than ever (or at least it should be!). However, many small business owners are overwhelmed by the choices. You want to keep you, your business and your employee secure while traveling, but you also […]

10 Reasons to Attend the 2016 AP & P2P Conference & Expo

The 2016 AP & P2P Conference and Expo, sponsored by the Institute of Financial Management (IOFM), is the largest, most comprehensive event dedicated to Accounts Payable & Procure-to-Pay. The event is recognized as the must-attend event for accounts payable professionals, bringing together AP experts and practitioners to provide relevant information on critical topics such as […]

Where Will the “Payments” of AP Payments Be in Five Years?

The “payments” side of electronic accounts payable (AP) payments is evolving quickly. Where will it be in five years? We’ve become used to AP automation to some degree, optimizing workflow and invoicing scanning, but those approaches are far from high tech. Thanks to fintech, the combining of finance industry best practices and technology, banks and […]

Why Virtual Card Payments are an Essential Part of Managed Travel Programs

BTN’s Business Travel Buyers’ Handbook is “the industry’s definitive guide to building a managed travel program”. The 2016 handbook has just been released and showcases the increase in virtual card payments in the travel industry – primarily driven by security concerns. With that in mind, we sat down with Juliann Pless, Senior VP of globalVCard […]

Corporate Foreign Exchange: Pricing Stewardship

Finance executives are thoughtful and responsible stewards of their corporation’s finances.  They carefully evaluate service providers for quality, consistency and pricing. This is especially true when dealing with the strategic side of foreign exchange transactions. Rarely does a company enter into a sophisticated transaction such as a corporate foreign exchange (FX) forward, option or swap without fully […]

Ask an Expert: Driving Electronic Payments in Hospitality Industry

As we conclude our trip to HITEC 2016 – the world’s largest hospitality technology show – we sat down with Adam Parsons, Finance Account Director, and a member of CSI globalVCard’s hospitality team. With his long background in hospitality prior to joining CSI, we asked Adam to share his experiences driving electronic payments in hospitality. […]

Innovation and the Red Box: CSI globalVCard Launches Adobe Kickbox

Today we launched the Adobe Kickbox program at CSI globalVCard. Innovation is at the heart of CSI’s culture. It’s what has kept us at the forefront of the payments industry for over 25 years, with evolving technology that continually brings increased speed and security to every aspect of corporate payments. Our entrepreneurial environment is apparent […]

3 Reasons Why Vendors Love Accepting Virtual Card Payments by globalVCard

A common misconception about virtual cards is vendor acceptance. Our customers often come to us skeptical that their vendors will accept, and then find themselves pleasantly surprised by the enrollment numbers we are able to achieve. “I was so surprised that the CSI team achieved 50% enrollment during the initial campaign, and even more surprised […]

GBTA 2015: Convention Wrap Up

A look back at the GBTA 2015 convention The Global Business Travel Association (GBTA) took over I-Drive in Orlando last week for the 2015 GBTA Convention.  This year marked the 47th annual gathering of business travel leaders from across the globe.  Almost 7,000 business travel professionals came together to share and focus on the future […]

Virtual Card Acceptance is on the Rise in the Travel Industry

With the largest convention of business travel professionals coming up next week, a lot of talk is centered on the acceptance and benefits of single-use virtual cards. Global Business Travel Association (GBTA) recently released a whitepaper Buyer and Supplier Outlook on Virtual Payment Solution that dives into the hot topic of virtual card payments within […]

HITEC 2015 Wrap Up

The CSI globalVCard team had a wonderful time at HITEC 2015 in Austin, TX last month.  HITEC this year proved that the hospitality industry is getting more tech savvy with every year that passes. David Disque, managing director at CSI globalVCard, was excited to see the hospitality industry heading to a true no-touch process from […]

Customer Success: Media Company Saves Nearly One Million Dollars Converting to Electronic Payments

Learn how our customer, PGR Media, has successfully saved time and paper, reduced costs and saved nearly one million dollars in the process, by switching to CSI globalVCard. The Problem Like many companies, PGR Media had been relying heavily on paper check payments. Controller Margaret Beatty grew frustrated by the high costs, inefficient manual labor, […]

Ask an Expert: Why Virtual Cards are Hot in Business Travel

Virtual cards have become a hot topic in the travel industry.  The Global Business Travel Association (GBTA) recently published a study, Buyer and Supplier Outlook on Virtual Payment Solutions, virtual cards are the topic of discussion for several education sessions during the upcoming GBTA 2015 and according to a BTN Group survey, travel buyers rate […]

What is a virtual credit card? We’re glad you asked.

Although virtual credit card technology has been available since 2009, many continue to ask “what is a virtual card?” In 2015, CFO Magazine reported on the growing need for more secure payments and cited virtual cards as the answer to many pains experienced by CFOs today, including security threats, costly paper checks and inefficient accounting […]

10 reasons to attend GBTA 2015 Convention in Orlando

Designed for specifically for business travel professionals. It is the world’s largest group of  business travel professionals gathered together.  This year’s convention includes over 400 business travel exhibitors and nearly 7,000 attendees. Expand your network. Over 24 hours of networking with like-minded professionals in the travel industry, both buyers and suppliers. Meeting like-minded people not only […]

Is Your Site Google Mobile Friendly?

Google’s “Mobilegeddon” has passed, and of course we made it! For many, the buzz about Google mobile friendly websites will raise a lot of questions. Being in the tech industry has its benefits and in this post, we’re passing along a few tips that will simplify the recent developments. “Google’s newest algorithm update doesn’t really […]

Customer Success: Luxury Hotel Gains New Revenue by Converting to globalVCard’s Electronic Payments

Efficiency is important in any business and your accounting department isn’t any different. Find out how our customer, LaPlaya Beach & Golf Resorts, has successfully saved time and money by implementing CSI globalVCard electronic payments. The Challenge: LaPlaya Beach & Golf Resort is a luxurious beachfront destination in Naples, Florida. Ranked among the world’s best […]

Ask an Expert: Women in Payments and Other Financial Leadership Roles

The payments industry is rapidly changing, and behind this change is a force of strong leaders who just happen to be women. Twenty of these executives were honored last month by PaymentsSource as The Most Influential Women in Payments, 2015. (See the full list of winners here.) To get an inside look at the significance […]

6 Reasons to Ditch the Paper and Move to Electronic Payments

Nearly half of US businesses still write paper checks.   But there are a number of reasons why companies should consider switching from paper checks to an electronic accounts payable solution.  Below are six simple ways to rationalize embracing the technology of today to have a paper-free future!   6.  Mother nature will thank you By switching […]

Ask an Expert: The Secret to Great Customer Service in Financial Services

My quest to resolve an issue with my bank this morning evolved from a phone call, a maze of recorded instructions to connect with the ‘right’ person, and a voicemail that told me appointments were required “but please leave me a message and I’ll get back to you by the end of the next business […]

Ask an Expert: What Do Apple Watch and Wearable Technology Mean for Business

The announcement of Apple Watch has been a hot trending topic this week. Wearable technology is indeed cool, but what implication – if any – does it have on business? To answer that question, I sat down with Jason Kolbenheyer, our managing director of globalVCard Spend Secure – our innovative B2B mobile payment app. Forbes recently […]

Trending Innovations to Embrace in Travel Management

Data security and mobile technology are two of the top trends impacting travel management this year.  To meet the needs of travelers and corporations, travel management companies need to embrace innovation. Data security is expected to have the greatest impact on this year’s travel programs worldwide.  To help address this, over 30% of travel managers […]

Why Virtual Credit Cards are Ideal for Event Management

If trade shows have a season, this would be it. We’re juggling the planning and logistics for nearly a dozen upcoming shows right now, which means we’re also contributing heavily to the $565 billion that Frost and Sullivan estimates that marketers spend on event marketing each year – 20% of their total spend. Managing those […]