Payment & Expense

Sobbott Will Leave Amex in FebruaryBy JoAnn DeLuna

American Express Global Commercial Services president Susan Sobbott will leave the company on Feb. 1. Amex Global Corporate Services president Steve... KEEP READING

Chrome River Scores Another $35 Million in FundingBy JoAnn DeLuna

Chrome River raised $35 million in December from its existing investors: Argentum Group, Bain Capital, First Analysis and Great Hill Partners. The... KEEP READING

IRS Increases Mileage Deduction Rate for 2018By Dawit Habtemariam

The IRS's business mileage deduction rate for 2018 has increased. Starting Jan. 1, U.S. taxpayers and companies will receive a deduction rate of 54.5... KEEP READING

Amex to Eliminate Signature Authorization Requirement for All Card TransactionsBy JoAnn DeLuna

Beginning in April 2018, American Express will no longer require Amex-accepting merchants globally to collect signatures for any purchases at the point... KEEP READING

New Concur Updates & IntegrationsBy JoAnn DeLuna

Concur has integrated with more suppliers to add accommodation choices for travelers and to simplify e-receipt capture for Chinese... KEEP READING

Marriott Strikes New Co-Branded Card Deals with Amex & JPMorgan ChaseBy JoAnn DeLuna

Marriott International has extended and negotiated new "multi-year" co-branded credit card agreements for its U.S.-issued cards with American Express... KEEP READING

Corporate Lodge & Virtual Cards Are Exempted from Final European Payment Security Rules, but Challenges Remain for Plastic CardsBy Amon Cohen

The European Commission has exempted corporate payments from its finalized requirements for payment security authentication. In so doing, the commission... KEEP READING

HRS Expands Virtual Card Offering to U.S.By JoAnn DeLuna

HRS clients now can use HRS’s Paperless Virtual Payment solution to book U.S. hotels on HRS’ portal. The solution, powered by AirPlus’ A.I.D.A. virtual... KEEP READING

MagicStay Booking Tool Enables Amex & AirPlus PaymentsBy Dawit Habtemariam

Corporate apartment provider MagicStay now allows users of its booking tool, Weezard, to pay with American Express and AirPlus cards. ... KEEP READING

Amex & Visa Implement Blockchain for B-to-B Crossborder PaymentsBy JoAnn DeLuna

And the blockchain payments race is on. Payments networks American Express and Visa have partnered with separate blockchain startups, Ripple and Chain,... KEEP READING

AirPlus & Conferma Extend Virtual Card Partnership to U.S.By JoAnn DeLuna

Payment providers AirPlus and Conferma have extended their partnership to the U.S. For eight years, they’ve partnered in the Asia/Pacific and EMEA... KEEP READING

Chrome River Enhances Invoice Interface ModuleBy JoAnn DeLuna

Chrome River rebuilt its invoice tool using HTML 5 and responsive design, making it mobile friendly, and incorporated the tool within its Mercury... KEEP READING

Databasics' Integration with NetSuite Is OfficialBy JoAnn DeLuna

Databasics is now available in NetSuite's app center. Databasics finished the technical buildout that allows expense data to flow to NetSuite last year,... KEEP READING

Despite Growth in Travel & Corporate Solutions & Segment Purchase Volume, Wex's Segment Revenue DipsBy JoAnn DeLuna

Payment solutions company Wex's travel and corporate solutions segment purchase volume increased 21 percent year over year to $8.7 billion, which Wex... KEEP READING

Deem Partners with Apptricity Expense ToolBy JoAnn DeLuna

Deem travel booking data now flows to supply chain and spend management company Apptricity's expense management tool and automatically creates an... KEEP READING

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