Commercial payment is a pillar of travel procurement and management. Whether using centralized billing accounts, travel and entertainment corporate cards, hotel billback or newer solutions like virtual cards, it’s all about convenience and data.

Some examples of our coverage
• The emergence and challenges of virtual cards
• The impact of fintechs
• Fraud-fighting features
• What is blockchain and what role might it play?

New Emburse CEO Aims To Double Revenue

Emburse has a new CEO and an ambitious goal. Owned by private equity firm K1 Investment Management, the purveyor of expense and travel management products by Chrome River, Tripbam, the former Roadmap and other brands, on Monday announced that longtime technology industry leader Marne Martin replaced Eric Friedrichsen as CEO.  Friedrichsen became a board member….

Blockskye’s Disruption Accelerates After Years In Stealth

Last week, American Express Global Business Travel’s CEO pointed to Blockskye as offering something “genuinely new.” He wasn’t the first leader in Amex’s orbit to recognize the emerging player. During a Skift event in September, Amex GBT chairman Greg O’Hara referenced, without naming all the names, PwC’s decision to move its North America travel program…

After Selling, Grasp Technologies Founder Mueller Drops CEO Post

Erik Mueller is no longer CEO of Grasp Technologies, the corporate travel data consolidator and analytics company he founded in 1996. Also a virtual payment provider, Grasp has been under new ownership for about two years. Waverock Software, which acquires, manages and grows enterprise software businesses, in December 2021 announced a “strategic investment” in Grasp. …

Notebook: Buyers Explain Challenges Of Managing Non-Employee Travel

How much to invest in support for recruits, board members, interns, consultants, contractors and other guest travelers can be a tough call, according to speakers at GBTA’s convention last month. BCD Travel and Fox World Travel are among the latest providers to come up with solutions for this headache of the non-profiled. The booking, payment,…

Amex GBT Wins Citi, Develops Its Services For Companies Across The Spectrum

Interviewing American Express Global Business Travel CEO Paul Abbott during a Sept. 7 investor meeting, Citi equities analyst Pete Christiansen referenced a “really good” financial services company that GBT had recently won. Turns out, it’s Citi. Implementation in multiple countries is due by year-end, sources said.  CWT, which declined to comment, has been Citibank’s primary…

Still Nigh: The Death Of Manual Expense Reporting

Expense software developers and corporate travel providers are progressing in their efforts to kill the manual work associated with expense reporting. The application of artificial intelligence appears to be accelerating what has been a slow and painful demise. Emburse on Tuesday announced AI-powered receipt scanning — “the next step in realizing Emburse’s vision of an…

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