Payment & Expense

SMEs Are Finding Better Deals Across Most Supplier CategoriesBy Michael B. Baker

Small and midsize enterprises have strengthened their negotiating position across most supplier categories over the past year.... KEEP READING

Visa Inc.'s Acquisition of Visa Europe Clears Regulatory HurdlesBy JoAnn DeLuna

The European Commission approved Visa Inc.'s acquisition of Visa Europe, and the €21.2 billion (US$23.3 billion) deal is on track to close by the end of... KEEP READING

Concur in Europe: Big Growth, Plus SAP IntegrationBy Amon Cohen

Europe was Concur's fastest-growing region in 2015, almost doubling its 2014 revenue, according to Concur executive vice president and EMEA general... KEEP READING

Malaysian Bank CIMB Launches Corporate CardBy JoAnn DeLuna

CIMB Group and MasterCard released corporate, purchasing and virtual card products for CIMB Bank's Malaysian clients and will extend to other markets... KEEP READING

Chrome River Integrates with VAT-Recovery ServiceBy JoAnn DeLuna

Chrome River clients, regardless of where they're based, now can reclaim value-added tax through a partnership with Quipsound, a United Kingdom-based... KEEP READING

Concur Rolls Out ExpenseIt in U.K. After a Two-Year DelayBy Amon Cohen

Concur is finally rolling out its ExpenseIt app to large customers in the United Kingdom. The product translates photographed receipts into... KEEP READING

Banks Can Offer Virtual Cards Powered by TSYSBy JoAnn DeLuna

TSYS, whose payment systems process 85 percent of commercial card transactions, is using its technology to power a new virtual card solution. TSYS—known... KEEP READING

CSI Partners with MacNair Travel ManagementBy JoAnn DeLuna

MacNair Travel Management clients now can pay for air and hotel transactions with CSI's globalVcard virtual cards, joining 15 other travel management... KEEP READING

Walmart Sues Visa for Requiring Signatures for Card VerificationBy JoAnn DeLuna

Walmart has objected to Visa's requirement that the retail giant use the "more fraudulent-prone" signature verification for "certain debit card... KEEP READING

Coupa Will Integrate with SabreBy JoAnn DeLuna

By the third quarter, Coupa client bookings made through Sabre's GetThere travel booking tool will pre-populate into Coupa's expense management... KEEP READING

Travelers Say They Want to Book Everything on One Platform but Don't Do SoBy JoAnn DeLuna

A 40 percentage point chasm separates business travelers who say they prefer to book all travel through one platform and those who actually book on a... KEEP READING

Conferma Appoints Former MasterCard Exec as North America GMBy JoAnn DeLuna

Conferma has appointed Luis Yofe as general manager of North America. Yofe, who was hired in March, will be based in the Dallas/Forth Worth area and... KEEP READING

SAP Business Network Revenue Increased 21 Percent in Q1By JoAnn DeLuna

First-quarter revenue for SAP's Business Network segment, which now includes procurement management system Ariba, travel and expense tool Concur and... KEEP READING

Survey: Senior-Level Employees Still Most Frequent Expense Fraud OffendersBy JoAnn DeLuna

Executives and upper management account for more incidents of expense reimbursement fraud than any other type of employee, according to a new study from... KEEP READING

Uber for Business Adds Expense Management FeaturesBy Michael B. Baker

Uber for Business has added two new features aimed at easing expense management with the ride-sharing service.... KEEP READING

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