expense management

Kayak Eyes Managed Corporate Travel As Its Parent Company Invests In Serko, A Potential Enabler

Meta search company Kayak as early as last year began exploring a business travel gateway to supplier sites and online travel agencies which could include negotiated corporate rates. The company last month announced a free service including a number of business travel functions, but it also revealed greater managed-travel ambitions. After first applying certain policies…

TripActions Puts Its Millions To Work On Payment, Expense

[UPDATE, Feb. 25, 2020: TripActions announced partnerships with Comerica Bank, Goldman Sachs, Silicon Valley Bank and Visa for the Liquid initiative. The program, using cards issued by Stripe, offers clients a 1.5 percent rebate, integrates with the booking process to support policy compliance and delivers unified payment and booking reports.] At the GBTA convention in…

St. Louis Sales Exec Indicted For Fake Expense Claims

Authorities on Friday arrested a senior sales director for St. Louis-based cheese wholesaler Swiss American Inc. on three counts of wire fraud related to use of a company credit card. According to a U.S. Department of Justice complaint, Tara Sabatini during 2017 and 2018 used her card for personal expenses including flights and hotel rooms…

Considering Raising More Capital, Expensify Capitalizes On Silicon Valley’s Fervor For FinTech

Expensify’s new payment product is not what comes to mind for most people when they think “corporate card.” While technically it’s a credit card, effectively it’s a debit card with the controls of a pre-paid card. It doesn’t seem to be an idea that could replace T&E cards at large companies. For small firms, it…

U.S. Bank To Bring All-In-One Mobile Travel And Expense App To Frequent Travelers, Building On A Solution For Infrequent Ones

U.S. Bank and Chrome River will add travel booking and features for road warriors to their mobile app that unites virtual payment and expense reporting.  Announced in May and still in testing, the Expense Wizard app initially targets infrequent travelers, non-employees like job candidates and contractors, and anyone else without individual corporate cards. Travel management…

Op Ed: Vanessa Zeiher-Kaya On What To Consider When Choosing A Travel Technology Partner

Vanessa Zeiher-Kaya is the global principal corporations segment marketing manager for Sabre. In this guest post, she reviews the key points travel managers should keep in mind as they seek out the right travel tech partners. There are dozens of technology providers, which often makes the process of finding the right one drawn out and…

Why Use AI For Audits? ‘The Mind Gets Trained To Have A Positive Bias’

The number of fraud examiners using artificial intelligence and machine learning to detect and deter fraud is expected to triple in the next two years. It doesn’t take a supercomputer to understand why manual processes can fall short: complacency is a human trait. “When you are eyeballing transactions and trying to make judgments about any…

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