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 Risk Suppliers

Most Surveyed BCD Travel Clients Expected Corporate Travel Recovery This Year

When will business travel start to rebound? It’s one of the biggest current questions in travel management circles, and answers mostly are guesswork. A recent…

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Posted in Distribution Reporting Suppliers

TravelBank CEO: ‘Strategic Conversations Are Very Difficult’

TravelBank is doubling down on expense management, which CEO and co-founder Duke Chung called “the only software you can justify purchasing at this time.” During…

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Posted in Productivity Risk

GBTA Supports But U.S. Travel And ASTA Oppose Trump Administration Move To Exclude New York Residents From Trusted Traveler Programs

The Global Business Travel Association expressed support for the U.S. Department of Homeland Security’s decision to suspend enrollments and renewals in Global Entry and related…

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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 Distribution Suppliers

NuTravel, Delta Build Out Direct Business Travel Booking

When ARC this week announced its investment in nuTravel, the latter’s CEO referenced a new “global airline” customer. Looks like it’s Delta. “At the end…

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Posted in Suppliers

More Lodging Industry Data Shows Slowing Travel Growth

Lodging industry performance reports and forecasts published this week by research firms showed continued weakness. They are the latest data points reflecting or predicting a…

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