American Express Company

Growth In Contactless Payment Acceptance Creates Opportunity For Virtual Cards

The sharp increase in U.S. merchant contactless payment capability during the pandemic is increasing the appeal of virtual payment by tackling one of its many challenges. For all their well-documented strengths in terms of controls, fraud prevention, data quality and velocity, compliance, reduction in manual processes, ease of distribution and support for infrequent travelers, virtual…

Leading The Recovery And Inundated With Spend Management Options, U.S. SMEs Get One From Amex GBT

The largest player is after the market’s smallest accounts, which by many accounts are leading the business travel recovery. Continuing a customer segmentation strategy, American Express Global Business Travel last week brought to the United States an employee spend management solution for small and medium-sized enterprises first introduced last year in the United Kingdom. With…

Big Airlines, Card Companies Build ‘Airport Lounges Of Tomorrow’

With unruly passengers, fears of virus transmission and understaffed airport concessions, a quiet place to sit, work and eat can go a long way. American, Delta and United airlines within the next few months will reopen nearly all domestic airport lounges. Card companies Chase and Capital One are preparing brand new airport clubs, competing with…

Polls Show Signs Of Optimism As Corporate Travel Remains Off By Roughly 70 Percent Versus 2019

The latest in a recurring survey by the Global Business Travel Association showed growing optimism among corporate travel buyers regarding their colleagues’ willingness to travel. Seventy-five percent of 290 buyer members from around the world last week indicated their companies’ employees were “very” or “somewhat” willing to travel for business “in the current environment,” according…

Some Corporate Travel Providers Join The Fray Over New Voting Laws

Growing activism around controversial laws passed in recent weeks and seen by many as restricting voting prompted hundreds of business leaders across the country to condemn voter suppression. Some corporate travel service providers were among them, including American Airlines, American Express, Delta Air Lines, JetBlue, Lyft, Marriott, Mastercard, SAP Concur, Uber and United Airlines. Pro-voting…

Expensify, Kayak Embark On Latest Of So Many Attempts To Reach Small To Medium-Sized Businesses

The pandemic stopped most business travel, but it did not end the relentless and historically futile quest for an online-first intermediary that attracts and keeps loads of small-to-midsized business clients. While many such companies use local corporate travel agencies and some use global ones, a lot of them book with suppliers or consumer-oriented online travel…

Tripbam Data: Hilton Passed Marriott In Corporate Travel Share

In January and February of last year, Tripbam clients made about 80 percent more bookings with Marriott properties than they did with Hilton brands. In April, Hilton surpassed Marriott as the top hospitality company booked in the United States by corporations that use Tripbam, and it’s been that way ever since. During January 2021, Tripbam…

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