After seven years with Egencia, $2.3 billion U.K.-based multinational events and research company Informa is targeting February to implement TripActions for workers in 28 countries. After the well-capitalized new entrant caught the eye of Informa’s travel manager of nearly 10 years, Melissa Willock, it bested four competitors in a roughly four-month bake-off involving six divisions…
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…
Chicago — New regulations in the European Union governing payments there with locally issued cards are set to take effect next month. Part of Europe’s second Payment Services Directive, they require strong customer authentication for many types of purchases. To the relief of many in corporate travel, lodge cards and virtual cards currently are exempt….
Online payments company Stripe announced Stripe Issuing, a platform for creating and managing physical and virtual cards. This includes creating “employee expense cards with dynamic spending limits.” Physical cards “can feature customizable designs, and ship in a few days,” according to a Stripe blog post. Virtual cards “can be used instantly through mobile wallets.” Admins…
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