Year-over-year spending growth by American Express international customers continued to outpace that of U.S. customers in the third quarter, Amex reported in its earnings on Friday. Travel and…
Read more Amex: Q3 Int’l Customer Spending Grows Amid Domestic ‘Stability’Navan will offer its travel and expense management tools to Citizens Financial Group corporate cardholders under the terms of a new agreement, the companies announced Tuesday. Navan’s Connect technology will…
Read more Navan to Offer Travel, Expense Tools to Citizens ClientsPayments and expense app Expensify reported a year-over-year drop in revenue and users during the second quarter, but executives expect its new app and travel booking capabilities to…
Read more Expensify Looks to 3Q for ‘New Expensify,’ Travel Revenue BoostVirtual card provider Conferma is partnering to issue virtual cards through digital corporate card issuer Pliant’s app. Pliant, which was founded in 2020, lets companies issue physical and…
Read more Conferma, Pliant Partner on Virtual Payments OfferingDan Skaggs U.S. Bank head of middle market commercial card product Dan Skaggs is adding the title of head of product for TravelBank to his plate, with plans…
Read more U.S. Bank Exec Skaggs Takes Additional Role at TravelBankTravel and entertainment spending by American Express U.S. commercial customers increased 4 percent year over year in the first quarter even as the company reported “soft” spending trends…
Read more Amex Commercial Client T&E Spending Grows to $28B in Q1Chief commercial payments officer Raj Seshadi Chief AI and data officer Greg Ulrich Chief services officer Craig Vosburg Chief product officer Jorn Lambert Mastercard is restructuring its leadership…
Read more Mastercard Restructures Leadership OrganizationHilton and American Express are introducing a “newly refreshed” Hilton Honors American Express Business Card with a higher annual fee than its current card but accelerated points-earning capabilities,…
Read more Hilton Amex Business Card Ups Fee, Increases Point Accrual RateAmerican Express has integrated into American Express Global Business Travel’s small-and-midsized-enterprise-focused Neo1 platform to provide U.S. clients a new set of features including virtual card issuance, the companies…
Read more Amex Cards Integrate into Amex GBT Neo1 PlatformCapital One has introduced capacity monitoring and a virtual waitlist for its airport lounge network to better manage lounge capacity, the company announced. The features enable Venture X…
Read more Capital One Adds Lounge Capacity Tracking, Waitlist to Mobile AppIndia-based travel and expense management platform Itilite has launched a card product, providing both physical and virtual cards for payment of travel spending, the company announced. The company,…
Read more Itilite Adds Card ProductEmburse CEO Marne Martin discusses: The durability of expense management services Strategies in taking on the ‘Goliath’ Concur Potential acquisitions Travel and expense software provider Emburse recently announced…
Read more New Emburse CEO Ready for ‘Goliath’ ShowdownTravel and entertainment spending by American Express’ U.S. commercial customers increased 4 percent year over year to $26 billion in the fourth quarter even as overall spending for…
Read more Amex Commercial Client Q4 T&E Spending Outpaces Overall GrowthFinancial services and technology company Brex laid off 282 employees, about 20 percent of its workforce, and restructured its management organization on Tuesday as it seeks to “increase…
Read more Brex Cuts Workforce by 20 PercentAbout four in 10 European companies are exploring the introduction of new payment methods, according to an AirPlus survey of 534 purchasing managers in the region. The survey—which…
Read more Survey: European Cos. Exploring New Payment MethodsAs far as merger and acquisition activity in the business travel industry goes, 2023 won’t be remembered as particularly frenzied. But while the sheer number of tie-ups may…
Read more Who Bought Whom in 2023Navan has promoted Michael Sindicich to CEO of Navan Expense, Sindicich posted Tuesday on LinkedIn. He has been with Navan since April 2016 and most recently had been…
Read more Michael Sindicich Promoted to CEO Navan ExpenseAs hotels continue to seek ways to improve the process for accepting virtual payments, agreements platform Sertifi is reporting progress via a platform it developed for card authorization.…
Read more Sertifi Grows Travel Customer Base for Hotel Payment AuthorizationThe U.S. Internal Revenue Service on Thursday announced the 2024 rate used to calculate the deductible costs of operating a car, van, pickup or panel truck for business…
Read more IRS Hikes 2024 Tax-Deductible Mileage RateSpend management platform Airbase in recent weeks announced new generative AI capabilities it says provides a “touchless expense report creation experience.” Airbase—which offers an AP automation platform expense…
Read more Airbase Expands AI Capabilities
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