Citi, Dinova Partner for Dining Program OfferingBy Michael B. BakerCiti has added a preferred dining program for corporate card clients via a partnership with corporate dining program provider Dinova, Citi announced.... KEEP READING
Way2VAT to Acquire DevoluIVABy Michael B. BakerAutomated value-added tax recovery provider Way2VAT has signed an agreement to acquire Barcelona-based corporate expense management and VAT recovery... KEEP READING
Amex: Q2 SME Travel Spending Tops 2019 LevelsBy Chris DavisSecond-quarter travel and entertainment spending on American Express corporate cards by the small and midsize corporate segment exceeded pre-pandemic... KEEP READING
Amadeus: Payment Problems Prevalent Among Hotel GuestsBy Michael B. BakerPayment problems affect a significant portion of hotel stays, according to a study released by Amadeus on Tuesday. ... KEEP READING
Newly Acquired by JPMC, Frosch Goes Into Growth ModeTMC doubles down on payment innovation, now backed by solutions from banking giant. Execs said key buyers are already talking about changing the... KEEP READING
IRS Hikes 2022 Tax-Deductible Mileage RateBy Chris DavisThe U.S. Internal Revenue Service for the last six months of 2022 will increase by four cents per mile the standard rate used to calculate the... KEEP READING
UAE-Based OTA Musafir Signs with MastercardBy Michael B. BakerDubai-based online travel agency Musafir is partnering with Mastercard to digitize payment flows and launch "new innovative payment products" for both... KEEP READING
Conferma Pay Launches Carbon Reporting System with Thrust Carbon as PartnerBy Michael B. BakerConferma Pay has launched a new carbon reporting system that measures the environmental impact of business trips based on payment data from virtual... KEEP READING
Amadeus to Integrate AppZen Auditing Tool into CytricBy Michael B. BakerAmadeus is partnering with AI-powered auditing technology provider AppZen to integrate with its Cytric booking and expense platform for a "Smart Audit"... KEEP READING
Rydoo Sells Travel Tool to CDS GroupeBy Michael B. BakerFrench hotel booking platform CDS Groupe has acquired expense management provider Rydoo's travel platform, the companies announced. ... KEEP READING
AirPlus Integrates with Mazepay Spend Management PlatformBy Michael B. BakerAirPlus has partnered with Danish financial technology supplier Mazepay to enable AirPlus Virtual Cards to be used on the Mazepay spend management... KEEP READING
Expensify Adds Monthly Settlement OptionBy Michael B. BakerExpense and payment provider Expensify has added a new monthly settlement option for its card programs, the company announced. ... KEEP READING
T&E Spending in Amex Network Nears Pre-Pandemic LevelsBy Michael B. BakerSpending volume on American Express commercial cards grew to $136 billion in the first quarter, above 2019 levels, as large and global clients are... KEEP READING
Brex Launches New Spend Mgmt. Tool with Software PlatformBy Michael B. BakerFinancial services and technology company Brex has unveiled a new software platform, Brex Empower, that will launch with a new spend management tool.... KEEP READING
GlobalData: Payment Networks to Lose More Than $2B After Russian SuspensionBy Michael B. BakerThe major payment networks will lose about $2.4 billion as a result of Russia's invasion of Ukraine, according to data and analytics company GlobalData.... KEEP READING
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