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November 21, 2014 - 01:20 PM ET

Conferma's travel management clients now can create MasterCard virtual cards for supplier payments via a partnership with eNett International, the companies announced Thursday. All companies, regardless of size, can use virtual-card provider eNett to create virtual account numbers, but a Conferma spokesperson told BTN that the solution is geared toward small and midsize clients without "strong banking relationships" or bank credit lines. Conferma and MasterCard on Tuesday globally expanded their existing integration.

November 20, 2014 - 10:15 AM ET

Total revenue for Serko increased 50 percent year over year for the six months ending Sept. 30, the New Zealand-based online booking and expense software provider announced Thursday. Revenue increased to NZ$4.7 million (US$3.7 million), with revenue from travel bookings, Serko's "core revenue growth engine," up 36 percent year over year. Online transaction volume rose 32 percent. Serko's net loss widened to NZ$3.6 million (US$2.8 million) from NZ$347,000 (US$272,000) for the prior-year period, which CFO Tim Bluett attributed to "the planned investment we have made in growing our organization and operational capacity to support the pipeline of growth for the business."

November 18, 2014 - 01:30 PM ET

MasterCard and Conferma globally expanded their existing integration, Conferma announced Tuesday. The partnership, first signed in 2011 and dubbed In Control for Business Travel, previously was available only in Europe. With In Control, clients can create virtual card numbers for individual transactions and reconcile booking data. The integration gives In Control clients, including corporate clients and issuing banks, access to Conferma's network of travel management companies, global distribution systems, self-booking tools and online travel agencies to "streamline and modernize [clients'] travel payment and reconciliation processes" regardless of the booking platform used and across all payment categories, according to Conferma. 

November 13, 2014 - 10:20 AM ET

Deem on Thursday launched a new version of its travel and expense mobile app for Android and iOS devices. The app features a "refreshed, consumer-grade user interface with faster navigation," according to Deem. The app enables air, car and hotel bookings that incorporate corporate pricing and policy controls. For airline bookings, new features include airline seat map displays and details on inflight amenities, when available. For hotel bookings, the app includes TripAdvisor review integration and hotel property images. The expense module enables travelers to submit and managers to approve reports.

November 12, 2014 - 02:25 PM ET

Privately held expense management provider Coupa claimed a 100 percent increase in third-quarter revenue, year over year. The company, which did not release other financial metrics, reported on Wednesday that during the third quarter it completed 25 customer implementations throughout the world. Coupa now employs more than 300 people, according to the firm. Coupa in August opened a new customer service center in Dublin and in October partnered with NetSuite to build and jointly market SuiteApp, a procurement and expense management solution.

November 05, 2014 - 02:00 PM ET

U.S. Bank has introduced corporate purchasing cards in Europe and is the first bank in Europe to offer Visa Payables Automation to clients, the bank announced. Bank clients can use Visa Payables Automation to create single-use virtual card numbers to make payments in nine European currencies, including the euro. U.S. Bank indicated it initially will provide the solution to its U.S.-based multinational clients with European operations. In October the bank launched the Access Online mobile application, which offers many of the features of U.S. Bank's data-management and reporting tool of the same name.

November 04, 2014 - 02:45 PM ET

Meridian Global Services’ Expensflo audit and value-added tax solution now integrates with SAP Cloud for Travel and Expense, the companies announced Tuesday. Expense data will flow directly to Expenseflo to provide SAP clients the back-office receipt, audit and compliance services needed to fulfill the expense management requirements for domestic and foreign VAT, according to the companies. 

November 04, 2014 - 09:30 AM ET

American Express on Monday launched two security solutions, Token Service and host card emulation, for mobile, near-field communication and online transactions. Token Service automatically replaces card account numbers with digital "tokens" that avoid storage of cardholders' account details by merchants and mobile wallet operators, thereby protecting against fraud, according to Amex. Token Service, based on EMVCo's Payment Tokenization Specification and Technical Framework, is available in the United States and in 2015 will be rolled out internationally. With host card emulation, card issuers store card account details on a cloud server. When a transaction is performed, the card details are transmitted to an NFC-enabled mobile device and then to a point-of-sale terminal "in a fast, secure manner," according to Amex. HCE is available globally. 

October 29, 2014 - 04:20 PM ET

The U.S. government's federal court system signed a multi-year contract with travel management company National Travel, with Apptricity providing expense management services, the travel management company and expense firm jointly announced. Apptricity's mobile application offers "integrated access" to National's online booking tools, and the companies offer " secure interfaces to the courts' ERP system," according to the companies.

October 23, 2014 - 01:10 PM ET

U.S. Bank launched a mobile application that allows corporate travel and purchasing cardholders access to account information. The Access Online mobile app offers many of the features of U.S. Bank's data-management and reporting tool of the same name, such as the ability to display balances, transaction history and payment due dates. Future functionalities of the app will include security alerts, mobile receipt capture and payment capability, according to the company. The app is available to download for Android and iOS devices.

October 16, 2014 - 02:30 PM ET

Singapore-based global distribution system Abacus partnered with Conferma to provide travel management companies the ability to create virtual cards, the payment technology provider announced. Agents will be able to create single-use 16-digit virtual cards for individual travel bookings including air, lodging, car rental, rail "and more," according to Conferma. Each virtual card can be used for booking and payment of multiple transactions and will have a specified amount, expiration date and merchant to prevent against misuse by unauthorized users. Conferma already partners with Sabre. Sabre Pacific, which services the Asia/Pacific region, is wholly owned by Abacus.

October 10, 2014 - 04:30 PM ET

Commerce platform Deem unveiled a program meant to lure Concur Travel and Expense customers in light of Concur's proposed acquisition by SAP. Deem's program offers current Concur clients one free year-long subscription on a three-year agreement, no “standard” implementation fees and migration assistance. The offer ends Dec. 31. The offer by Deem—formerly Rearden Commerce—follows an offer issued last month by expense management supplier Expensify of free Expensify services for the duration of current Concur Expense clients' contracts. Expensify also unveiled a tool that enables Concur customers to upload receipts and expenses in Expensify, via a connection with Concur's API.