Payment & Expense

Credit Card Networks Propose Global Digital Payment StandardBy JoAnn DeLuna

American Express, MasterCard and Visa this month unveiled an initial proposal for developing a global standard for online shopping, designed to "enhance... KEEP READING

UATP Exploring Ways To Expand ReachBy JoAnn DeLuna

In an effort to further broaden its reach into non-airline travel categories, payment supplier Universal Air Travel Plan is exploring "multiple... KEEP READING

Aiming 'To Close Data Gap,' New MasterCard Virtual Card Tech Uses API For TMC ConnectionsBy Amon Cohen

MasterCard is piloting its own virtual card number technology and aims for a full global release in early 2014, according to group head for global T&E... KEEP READING

MasterCard agreed to acquire Turkish payment provider Provus,

Visa Europe Signs With Conferma For Virtual CardsBy Amon Cohen

Visa Europe signed a deal with Conferma to provide to all of its issuing banks technology to furnish virtual card numbers to pay for travel bookings,... KEEP READING

HRS Integrates AirPlus Mobile AIDA Virtual Card SolutionBy JoAnn DeLuna

HRS last week announced that it integrated the AirPlus Mobile AIDA virtual payment solution for hotel bookings. The solution is available immediately... KEEP READING

MasterCard and Visa agreed to reduce to 0.28 percent their interchange fees for domestic payment transactions in France, effective November 1.

Ryanair agreed to accept American Express cards for a fee "of 2 percent of the total transaction value" on top of other booking fees.

Ron DiLeo Departs AirPlus, Joins Partnership Travel ConsultingBy Chris Davis

After less than nine months as CEO of AirPlus International North America, Ron DiLeo left the business travel payment company to join Partnership Travel... KEEP READING

Axis Bank will provide to its corporate clients the MasterCard Purchase Control solution,

Online booking tool provider nuTravel now integrates with expense management systems offered by Sudisoft and Chrome River,

Survey: Buyers Use Approvals, Audits To Limit Expense Report ShenanigansBy JoAnn DeLuna

The most common way corporate travel buyers safeguard against fraud is to require manager approval of all expense reports, according to a new AirPlus... KEEP READING

BMO Restructures, Preps For Canadian Government ImplementationBy JoAnn DeLuna

Bank of Montreal is busy preparing the Government of Canada for its scheduled April 2014 deployment date of a new travel, payment and expense program.... KEEP READING

Cutting-Edge Expense Tech? Not YetBy JoAnn DeLuna

While the travel and expense industry has made strides in easing the management and reporting of expenses while collecting valuable data, many... KEEP READING

AirPlus: Cost Control Is Top Consideration For Travel ProgramsBy JoAnn DeLuna

Cost control unsurprisingly is the most important consideration for corporate travel programs while environmental concerns continue to take a back seat,... KEEP READING

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