August 20, 2010
American Express ranked highest among card issuers in
customer satisfaction, as overall satisfaction levels with credit cards rose
slightly from 2009 levels, according to the J.D. Power and Associates 2010 U.S.
Credit Card Satisfaction Study released Thursday.
August 19, 2010
American Express this week
launched traveler's checks in the Chinese yuan, which it calls the world's
first prepaid product in Chinese currency.
August 17, 2010
U.S. Bank next year will begin issuing corporate T&E
cards in Europe for companies that have operations in the region.
August 11, 2010
BMO Financial Group this week announced an alliance with IBM
to supply automatic card data feeds into IBM's Global Expense Reporting System.
August 10, 2010
Expense management supplier CyberShift on Monday launched a
selection of outsourced services to handle administrative tasks associated with
the expense reporting process.
August 09, 2010
Concur on Monday announced an agreement with Marriott
International in which Concur Travel & Expense users can receive folio data
and electronic receipts directly into their expense reports, as well as several
upgrades and new agreements related to its mobile expense and travel management
platform.
July 12, 2010
Corporate payment charge volumes in 2009 painted a clear picture of travel spending cuts, though issuers expect those volumes to rebound this year. In the meantime, corporate card vendors are enhancing data offerings and global performance capabilities in response to increased demand from travel buyers.
July 09, 2010
Bank of America Merrill Lynch is partnering with Singapore-based United Overseas Bank to issue corporate travel and entertainment and purchasing cards across the region beginning this month.
June 28, 2010
Concur on Monday released versions of its Concur Breeze expense reporting service compatible with Android, BlackBerry and iPhone devices.
May 11, 2010
JPMorgan Chase today announced single-use accounts and new reporting capabilities for its midmarket corporate clients as well as new tweaks to its rewards and executive card programs.