Posted in Payment Suppliers

American Express CEO: Global Card Market May See Fewer Players

American Express sees opportunity to capitalize on competitors potentially backing away from the corporate card business. When it comes to business travel, “CFOs and CEOs…

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Posted in Payment Reporting Risk

Contact Tracing Scales In Asia, Faces Privacy And Political Hurdles In Europe And The United States

Questions about where people have been, whom they’ve seen and how they’re feeling are becoming commonplace. So are mobile apps that track potential coronavirus exposure….

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Posted in Payment Policy Reporting

Trump Suggests Reversal On Recent Limits To Meal, Entertainment Deductions

President Donald Trump said Sunday he wanted to restore deductibility for corporate meal and entertainment costs, potentially reversing some regulations he signed into law in…

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Posted in Payment Productivity Suppliers

Ongoing Expensify Episode Puts To The Test That Age-Old Business Travel Question: Who Is The Customer?

Multiple Expensify clients are planning to find a replacement as complaints about the expense software company’s card program marketing to individual employees continued into a…

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Posted in Payment Suppliers

Wex To Acquire Enett, The Virtual Payment Firm Majority-Owned By Travelport

Wex agreed to buy fellow business-to-business payments firm eNett and transaction optimization company Optal for a combined $1.7 billion. That includes $1.275 billion in cash…

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Posted in Payment Suppliers

Aggressive Marketing Of New Card To Individual Users Upsets Expensify Clients

Corporate travel and expense management administrators sometimes feel uneasy when suppliers contact company employees directly. Managers get really annoyed when employees receive confusing or misleading…

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Posted in Payment Suppliers Sustainability

Calling Out Points Programs As A Ruse, Expensify Enables ‘Instant’ Karma

Expensify founder and CEO David Barrett on Monday evening announced an ambitious program for social change that, among other measures, directs 10 percent of revenue…

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