The Middle Market’s Expense Management Conundrum
Expense management technology is now a saturated market, particularly for the small business space – which is notoriously difficult to serve, because they are too small for large, enterprise-grade...
View ArticleExpedia Embraces Alternative Corporate Travel Payments With UATP
Top players in the online travel booking space are collaborating with UATP, an alternative global payment solution accepted by airlines and travel merchants, to support the use of the payment tool for...
View ArticleBalancing User Convenience, Data Collection In Corporate Travel Payments
In just two years, the U.S. will see 483 million domestic business trips, according to Audrey Hendley, SVP of Global Products at American Express. Hendley recently spoke at a corporate travel event...
View ArticleWestern Union Powers Certify Mass Payments
Corporate T&E company Certify is integrating payment capabilities provided by Western Union to enhance its global reimbursement and supplier payment offering. The companies announced in a press...
View ArticleSpend Management’s Rocky Road To Better Analytics
Software turned business management into a whole new ball game. For Andrew Hoag, CEO and founder of corporate spend management startup Teampay, the advent of software has been wildly beneficial for his...
View ArticleThe Key To Changing Employee Travel Booking Behavior? Don’t Fight It
Between rogue employee spending and fraud, money is flying out of small businesses’ windows. It’s difficult to assess just how much is lost to professionals spending company money without approval...
View ArticleToday In Data: Employees Steal, Earnings Reports Wow And Subscriptions Boom
Today in PYMNTS data, employees are stealing tens of billions from their employers every year, earnings reports show growth for tech and payments firms, business-to-consumer (B2C) subscription...
View ArticleAltFin Shines As Investor Interest In B2B FinTech Continues
Toward the start of 2018, analysts began to highlight the potential for venture capital (VC) to embrace the B2B business model. American Banker reported last December that Silicon Valley Bank Head of...
View ArticleHappay Lands HDFC Partnership For Expense Management Services
Happay, a business expense management company based in India, has landed a partnership with HDFC Bank, reports in Business Standard said on Monday (March 5). The company will link HDFC small business...
View ArticleBank-FinTech Collaboration Wins Over Investors
With B2B FinTech a rising star among investors, two trends in particular are surfacing from the industry. One is the ongoing focus on alternative small business (SMB) lenders, and another is the...
View ArticleThe Reverse Side Of Lackluster T&E: Employees Stuck With The Bill
When it comes to spend management, the conversation is often steered toward the issue of employee overspend — and, in some cases, deliberate fraud — with heightened visibility and efficiency in expense...
View ArticleAmex Virtual Cards Land In Conferma Travel Platform
American Express Canada and Conferma announced a partnership this week to continue their push of virtual card technology in the corporate travel market. A press release on Thursday (March 15) said...
View ArticleB2B FinTechs Get Creative With Enterprise Data
This week’s B2B FinTech venture capital roundup is all about data, and, as investors showed, there’s more than one way to offer data services for the enterprise. Some companies focus on analytics,...
View ArticleBusiness Trip Data Analytics Reaches Beyond T&E Spend
Corporate travel is a major spend category for the enterprise. The U.S. Travel Association recently estimated that U.S. businesses spent more than $307 billion on business travel in 2016. It’s a...
View ArticleSMBs: The Next Frontier In Travel Tech
The corporate travel and expense management space is a bit of a conundrum. A surge in FinTech innovation, new industry players and the embrace of cutting-edge technologies – like artificial...
View ArticleAlt Lending, Artificial Intelligence Startups Lead Investment Activity
This week’s VC Investment Roundup demonstrates investors’ varied appetite for B2B FinTech. Funding targets this time around included blockchain, logistics, alternative finance, artificial intelligence...
View ArticleMastercard Survey Links Commercial Cards To Savings
A new report from Mastercard links use of commercial cards to cost savings for businesses, according to reports in Verdict. Mastercard and Kaiser Associates surveyed 26 medium-sized businesses across...
View ArticleAmEx Business Survey Finds 30 Percent Of CFOs To Increase T&E Spending
A new survey shows that finance executives are optimistic about the economy, and as a result expect to spend more on travel & entertainment (T&E). “Countries and businesses globally expect...
View ArticleSodexo Collaboration Launches T&E Mobile App Rydoo
Travel and expense management mobile app Rydoo has made its market debut as a result of a collaboration between Sodexo, Xpenditure and iAlbatros, the companies announced Tuesday (June 5). Sodexo, a...
View ArticleAmex Expands Expense Management In India
American Express (Amex) announced it is expanding its expense management services for corporate customers in India, aimed at addressing maverick spend and increasing expense transparency, according to...
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