Payment & Expense

City National Debuts Mobile V-Card Service with ExtendBy Adam Perrotta

As payment card-issuing banks eye a larger role in the virtual corporate card space, City National Bank has launched a new service that enables client... KEEP READING

Concur Q4 Revenue Drops 20 Percent Year-Over-YearBy Chris Davis

Travel booking and expense system SAP Concur's fourth-quarter revenue declined about 20 percent year over year to €341 million, though that drop is 15... KEEP READING

Conferma Names Former Sabre V-Payments Leader Fyfe as North America HeadBy Adam Perrotta

Virtual card specialist Conferma Pay has tapped former Sabre virtual payments chief Neil Fyfe to lead the company's expansion efforts in North America.... KEEP READING

Amex Corporate Cards Show Continued Spend Recovery in Q4By Adam Perrotta

Spending on American Express corporate cards continued to slowly recover during the fourth quarter of 2020, the commercial payments giant revealed on... KEEP READING

Concur Debuts VAT Reclaim, Fraud Detection ServicesBy Adam Perrotta

SAP Concur has unveiled two new Concur Expense add-on services designed to help corporate finance departments and budget managers navigate challenges... KEEP READING

TripActions CEO Says $155M Funding Signals Industrywide RecoveryBy Adam Perrotta

TripActions has landed yet another major round of investment financing, securing $155 million in Series E funding to bring the travel management and... KEEP READING

Conferma Adds Automated Option to Virtual Payment PlatformBy Adam Perrotta

Virtual payment specialist Conferma Pay is offering a new option for organizations making virtual card payments to hotels within its Connect platform,... KEEP READING

Serko Continues N. America Push with Another TMC Zeno Reseller DealBy Adam Perrotta

After racking up a series of U.S. TMC reseller parterships in 2020, New Zealand-based booking and expense management provider Serko is continuing that... KEEP READING

U.S. Regulators Examining Amex's Small Business Card MarketingBy Adam Perrotta

U.S. federal officials are reviewing practices used by American Express to market its small business credit cards, including the potential use of... KEEP READING

TripActions Liquid Adds ERP IntegrationsBy Adam Perrotta

The TripActions Liquid payment and expense platform now can be integrated directly with several enterprise resource planning systems, including Oracle... KEEP READING

IRS Lowers 2021 Tax-Deductible Mileage RateBy Chris Davis

The U.S. Internal Revenue Service on Tuesday announced the 2021 rate used to calculate the deductible costs of operating a car, van, pickup or panel... KEEP READING

Wex to Buy eNett at Lower Price, Lawsuit SettledBy Chris Davis

Payment solutions provider Wex Inc. has finalized the purchase of virtual travel payments providers eNett and Optal at a price far lower than it agreed... KEEP READING

Amtrak Enables Digital Wallet Payments via Web, AppBy Adam Perrotta

Amtrak passengers now can pay for tickets via digital wallet services Apple Pay, Google Pay and PayPal, each of which have been made available as... KEEP READING

Virtual Cards Extend Mobile Presence with New Mastercard ServiceBy Adam Perrotta

The combination of virtual payment cards and mobile wallets gained further ground with the launch of a new service from Mastercard and digital card... KEEP READING

Amadeus, Citi Unveil Currency Conversion Optimization Tool for SuppliersBy Adam Perrotta

Amadeus has launched a new tool designed to enable suppliers, including travel agencies, airlines and hotels, to realize incremental revenue in their... KEEP READING

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