Press Release

MineralTree CEO to Speak on the “Commercial Cards: Charging Toward Growth” Panel at Aite Group’s Cash Management and Payments Forum, New York City

The Commercial Payments Card Market Continues Undergoing Dynamic Change and Steady Growth

Cambridge, MA, December 10, 2018 – MineralTree CEO BC Krishna will share his experience in a panel discussion titled, “Commercial Cards: Charging Toward Growth” at the inaugural Cash Management and Payments Forum, hosted by Aite Group, on December 11 in New York City.

In an in-depth, 55-minute session, attendees will learn about:

  • Commercial cards and automation, and how commercial cards are helping businesses  drive process modernization
  • Meeting shifting demands from small and midsize businesses and the midmarket
  • Innovation and new product development, from virtual cards to Level 3 card data
  • Rebates, proprietary interchange, and supplier enablement challenges

Commercial cards have undergone significant transformations in the payments market, emerging as data-driven offerings that are far from obsolete. As organizations of all types undergo their own digital transformation strategies, commercial cards are poised to meet these evolving payment needs and provide significant growth for issuers well into the future.

“The commercial card market has a tremendous set of advantages, and MineralTree has seen this first-hand with our virtual card program that reduces fraud, eliminates paper checks, and improves working capital, among other things,” said BC Krishna, CEO of MineralTree. “I look forward to having a lively discussion around these advantages, but also discussing the challenges that come with card programs and ways to think about overcoming them.”

Moderated by Gilles Ubaghs, a senior analyst with Aite Group’s Wholesale Banking & Payments practice, Krishna will be joined on the panel by Seth Goodman (Director, North America Product Head Citi Commercial Cards, Citibank), Kareem Chouli (Vice President of Sales – Americas & EMEA, Fraedom), and Geoff Dean (Managing Director, Head of Commercial Card, MUFG Union Bank N.A.).

Additional Panel Details:

  • Title: Commercial Cards: Charging Toward Growth
  • When: Tuesday, December 11, 2018, 2:50 PM – 3:45 PM
  • Where: Andaz Wall Street, 75 Wall Street, New York, NY  10005

About MineralTree

MineralTree is transforming corporate accounting by fully automating Accounts Payable (AP) and B2B Payments for middle-market companies. MineralTree’s easy-to-use cloud-based application seamlessly integrates with many standard accounting packages in order to automate accounts payable and efficiently make electronic B2B payments.

With this award-winning AP and Payment Automation solution, MineralTree has helped more than one thousand businesses transform accounts payable from a source of inefficiency and fraud risk to a secure and strategic profit center that provides deep visibility into the cost drivers of the business.

Founded in 2010 and based in Cambridge, MA, MineralTree sells its solution directly to customers and through value-added partners consisting of financial institutions, consultants, payment processors, and credit card issuers.

For more information visit www.mineraltree.com.

CONTACT:
Stephen Williams
stephen.williams@mineraltree,com
(617) 299-3399 Ext. 167