fintech

Integration between Mastercard and SAP Concur echoes a growing interest in payment-first controls.
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Providers Seek New Ways To Use Payment For Spend And Travel Policy Controls

With the potential to reshape corporate travel policies, a Mastercard-SAP Concur integration gaining traction among customers reflects an interest in the sorts of payment-first controls typical of virtual card programs and championed by fintech startups. “Purchases made on Mastercard corporate cards are captured and automatically populated in Concur Expense,” SAP announced in March. “Users are…

Q&A: Emburse CEO Marne Martin

Q&A: Emburse CEO Marne Martin

Few companies have made as dramatic a C-suite housecleaning as quickly as travel and expense software firm Emburse. Save for its CFO, the company’s leadership page is entirely different than it was at this time last year. Emburse is the product of several acquisitions, going back nine years to private equity owner K1 Investment Management’s…

Dispatch 12
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Dispatch 12

After announcing a few in March, SAP Concur added several enhancements to the roadmap for its upgraded online booking tool, including the ability to change ticketed air trips in Sabre, scheduled for release during the quarter ending in September. Planned for the current quarter is the capability for reservation holds on EDIFACT-based Sabre bookings. The…

New Emburse CEO Aims To Double Revenue
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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….

Mike McCormick
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Op Ed: Mike McCormick On Misconceptions, Trends And The Canary In The Coal Mine

For former Global Business Travel Association executive director and veteran corporate travel executive Mike McCormick, there’s no fighting the changes travel management now faces and no avoiding uncertainty. The American Airlines NDC-powered pricing mandate beginning now is signaling a major inflection point in the travel industry. It is the canary in the coal mine. However,…

Michael Sindicich
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As Navan (Née TripActions) Releases Trojan Horse, Clients Say Branding Isn’t The Problem

During its eight years, TripActions required some administrative work for clients to sign up. They would need contact with a representative and a contract. With its rebranding, that’s gone and non-client travel managers face the prospect of fending off employees who sign up on their own, agree to terms and policies on their company’s behalf,…

||around the web
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Dispatch 1

We start with some good news.  ARC president and CEO Lauri Reishus told attendees to The Beat Live in December that the pandemic caused fewer travel agency closings than ARC had anticipated.  Back in 2020, Reishus said during our live teleconference interview that ARC was bracing for a reduction in TMC locations of as much…

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