Pre-pandemic forecasts for virtual card market growth are pushing 12% in the middle market segment, where virtual spend is set to outstrip plastic spend by 2024, Reza Satongar shares his insights on customer trends as this ecosystem evolves.
Staffs Web Meet Up November 19 - Review
Dataflexnet are a proud sponsors of the Staffs Web Meetup, a stafford-based local group comprising of web-developers, marketers, software developers, academics and technologists (to name a but a few) who meet on the third Wednesday of every month to discuss, collaborate and network.
Global Summit @ New York
Dataflexnet is presenting at the Global Summit in New York to show how the Dataflexnet virtual card system and related services have solved problems in the commercial payments space, filling critical gaps for business and financial institutions alike.
According to the Business Travel Magazine (August/September 2019 edition, on the money), virtual cards are enjoying significant growth, varying by country, fuelled by specific use-cases, such as, where eligibility of corporate credit is an issue, leveraging a central account instead. The report suggests virtual cards are anticipated to benefit from general declines in card based corporate credit with double digit growth figures being witnessed today.
Michael Cliffe, CTO at Dataflexnet, will be presenting at the Fintech showcase on Tuesday 17th September @ 3.45pm and then joining the panel for a series of quick fire questions.
Dataflexnet, as a long term Sponsor of the Commercial Payment Summits, looks forward to the Global Summit: New York event at the Convene events venue.
Portishead Soapbox Race Raised £20,122
Dataflexnet sponsored the Portishead Soapbox Race 2019 to help fundraise £20,122.
For the those not in the know, a soapbox race is down hill race, riding a gravity powered go-cart, no motors allowed, whilst navigating a series of jumps, slaloms, and water obstacles, where the quickest wins, with additional points for showmanship, design, and so on. You can reach 30+ miles per hour, fly over jumps, and as we found, bend serious steel when crashing, so it is not for faint of heart.
It was an experience for sure, watched by over 14,000 people locally, and televised, read more about how our two teams go on … here.