Payment & Expense

Visa CEO Resigns & Board Names Alfred Kelly as SuccessorBy JoAnn DeLuna

Visa's board of directors has appointed Alfred Kelly to succeed outgoing CEO and board member Charlie Scharf, who has resigned effective Dec. 1. Kelly... KEEP READING

Coupa IPO raises $153 millionBy JoAnn DeLuna

Spend management software provider Coupa closed its initial public offering on Oct. 5. It sold 8.5 million shares at $18 each, bringing in a total of... KEEP READING

Abacus Expense Tool Can Pull In Salesforce DataBy JoAnn DeLuna

Joint customers of Salesforce and Abacus can pull Salesforce data into the expense management tool. That includes expenses related to new and existing... KEEP READING

Oracle Now Offers Merchants EMV Acceptance Through FreedomPayBy JoAnn DeLuna

Oracle's Opera property management system and Micros point-of-sale system now can accept chip-and-PIN—or EuroPay, MasterCard and Visa—and allow... KEEP READING

Hickory Global Adds GraspPay Virtual Cards as Payment OptionBy JoAnn DeLuna

The Hickory Global Partners consortium of more than 200 travel agencies has selected GraspPay as its preferred virtual card solution. GraspPay... KEEP READING

Wex Brazil Adds Virtual Cards to Argo OBTBy JoAnn DeLuna

Wex will provide a virtual card solution for the 3,000 corporate and travel management company clients of Argo, one of Brazil's largest online booking... KEEP READING

UATP Merchants Can Accept China UnionPay CardsBy JoAnn DeLuna

UATP merchants now can accept more than 300 alternative forms of payment—including UnionPay, China's national card network—through a partnership with... KEEP READING

Companies Are Trying to Keep Up with Consumer Tech by Upgrading T&E ToolsBy JoAnn DeLuna

Corporate travel managers and their companies are not naive. They know their employees have access to savvy technology and mobile apps that simplify... KEEP READING

Amex GBT Acquisition of KDS ClosesBy Amanda Metcalf

American Express Global Business Travel’s acquisition of T&E technology provider KDS has closed. The KDS management team and office locations will... KEEP READING

Amex Wins Appeal of Antitrust DecisionBy Amanda Metcalf

Merchants who accept American Express still cannot influence their customers to use other forms of payment that cost the merchants less. Amex long has... KEEP READING

Expense Startup Captio Raises €1 MillionBy JoAnn DeLuna

Spanish expense management startup Captio has raised €1 million (US$1.1 million). Banco Sabadell contributed €500,000, while VenturCap, Bankinter,... KEEP READING

Abacus Can Access Amex Card Data Without Third-Party AggregatorsBy JoAnn DeLuna

Expense-reporting software maker Abacus now can ingest American Express corporate card data without third-party intervention, Abacus co-founder and CEO... KEEP READING

SAP Launches Native Integration with ConcurBy JoAnn DeLuna

Concur Expense now offers native integration with SAP's enterprise resource planning solution, according to a blog post by SAP Cloud for Travel and... KEEP READING

Coupa IPO Likely Will Fund More AcquisitionsBy JoAnn DeLuna

While Coupa has not revealed how it will use the funds from its planned initial public offering, the exposure and the new pool of cash from a successful... KEEP READING

Scaling an SME Corporate Card ProgramBy JoAnn DeLuna

At some point, small and midsize enterprises reach a level of revenue and spend that compels them to implement a corporate card program for the first... KEEP READING

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