[UPDATE, June 14, 2019: Starting June 17, users of Southwest Airlines’ Swabiz corporate booking portal must insert their credit card’s three- or four-digit security code. According to the airline, that includes those using a “Swabiz ghost card” (when card info wasn’t stored before June 17), those using a stored personal card (for the first purchase…
You’d be hard-pressed to find a bigger business travel headache than handling passport and visa applications. That’s why travel managers outsource faster than you can say “red tape.” But with hundreds of providers even in a particular city, how do program managers know which to select? There are many considerations. For functions that are often…
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…
Now that’s a mega. American Express Global Business Travel today announced plans to acquire Hogg Robinson Group in an all-cash deal. Both are among the top four global travel management companies. Publicly traded HRG also announced it would sell its Fraedom software business to Visa for 142 million pounds ($198 million). Depending on conditions related to…
It was a long time coming, but standardized, global credit card reporting on ancillary airline spending is finally in place — at least for United Airlines’ corporate accounts using Visa cards. The airline in April began sending data through Visa using defined category formats that identify things like bag fees, upgrades and inflight WiFi. Using…
A liability shift in October will transfer responsibility for covering U.S. card payment fraud to the party with less secure payment technology. Cards with chips are considered safer because they generate a unique code for each transaction, making counterfeiting seemingly impossible. Merchant locations without terminals capable of reading chip cards will be on the hook…
[UPDATE, April 8, 2016: We published new information related to this article here.] Some travel managers and TMCs are fielding questions about when Apple Pay will be available for corporate card users, but don’t trust the website. At press time, Apple showed five institutions as providers of corporate cards supporting Apple Pay. They weren’t exactly commercial payment heavyweights, but it…
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