Buoyed by "the resurgence of corporate travel," payment network UATP announced record transactions and charge volume during 2011.

It processed about $13 billion during the year, up 23 percent from 2010, and signed five new airline issuers: Aeromexico, Malaysia Airlines, Qatar Airways, Shandong Airlines and Turkish Airlines. The company also cited "significant" growth for its DataStream product line that allows airline issuers to provide corporate clients with a "data-rich, multilingual and multi-currency travel management system." CEO Ralph Kaiser indicated UATP expects to set new records this year.