Amex Seeks Prepaid Revolution Through BuyBy Michael B. BakerAmerican Express this month completed a $300 million acquisition of online payment service provider Revolution Money, giving the network a new platform... KEEP READING
GAO: Interchange Regulation No PanaceaBy Michael B. BakerA U.S. Government Accountability Office report issued late last year noted that interchange fees place an increasing financial burden on merchants but... KEEP READING
BMO Bets On Diners RevivalBy Michael B. BakerBMO Financial Group's agreement to acquire Diners Club's North American franchise from Citigroup potentially could reinvigorate Diners Club's waning... KEEP READING
Payment Systems Join To Help Buyers Track New Air FeesBy Jay Boehmer & Seth HarrisPayment systems AirPlus International and MasterCard Worldwide are developing a solution that would enable travel buyers to report ancillary airline... KEEP READING
BMO Financial To Buy N. American Diners Club OperationsBy Seth HarrisBMO Financial Group today announced that it has agreed to acquire Citigroup's Diners Club North America franchise, giving BMO exclusive rights to issue... KEEP READING
Cos. Globalize ExpenseBy Michael B. BakerSmall and midmarket companies are finding more opportunities to globalize expense reporting programs, particularly with upper management and travelers... KEEP READING
MasterCard, Mtgs. Tools PartnerBy Michael B. BakerMasterCard Worldwide in recent weeks has partnered with two meetings technology suppliers to boost its meetings offerings and create new integration... KEEP READING
The Expense Report: American Express Tops J.D. Power Card StudyBy Michael B. BakerJ.D. Power and Associates' 2009 Credit Card Satisfaction Study, released in September, showed a three-year low in credit card customer satisfaction. The... KEEP READING
Expense Suppliers To Align With Payment, Booking ToolsBy Michael B. BakerExpense reporting tool suppliers CyberShift and ExpenseWatch.com in recent weeks have announced agreements to integrate with other suppliers in both the... KEEP READING
ExpenseWatch.com Partners With Travelocity, EgenciaBy Michael B. BakerExpense management supplier ExpenseWatch.com is partnering with both Travelocity Business and Egencia to link travel booking and approval with expense... KEEP READING
Concur, Starwood To Announce Folio Data LinkBy Michael B. BakerConcur and Starwood Hotels & Resorts plan to announce on Wednesday an agreement for Starwood to provide electronic folio data directly to Concur's... KEEP READING
BOA Sells Automated Payment ToolBy Michael B. BakerBank of America this month announced that it is selling its PayMode payment automation tool to Bottomline Technologies, a company focused specifically... KEEP READING
Concur Buys Etap-On-LineBy Michael B. BakerExpense management technology supplier Concur this month announced that it has acquired European competitor Etap-On-Line, doubling its European... KEEP READING
Travelex, MasterCard Launch Prepaid International CardBy Michael B. BakerForeign exchange and international payments supplier Travelex has launched a prepaid card product with MasterCard processing capabilities that it says... KEEP READING
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