American Express hired Sprint Nextel prepaid group president Daniel Schulman to head its new enterprise growth business unit bit.ly/b8WT3h "to expand alternative mobile and online payment services,...

Concur co-founder Steve Singh’s startup Center has combined virtual card technology and traditional payment cards to offer CenterCard, touting itself as a corporate payment system that tracks spend...

Corporates funding their strategic meetings management programs entirely through commissions may want to create backup plans. This year could see one or two big players in the hotel industry lead the...

American Airlines has discontinued its group discount program, effective May 1, and has eliminated its group and meeting travel sales team as the company further integrates with merger partner US...

Cendant Corp. today announced the sale of its travel distribution services unit, Travelport, to an affiliate of The Blackstone Group for approximately $4.3 billion.

Two of Lufthansa Group's top sales executives—Lufthansa hub airlines SVP of sales Heike Birlenbach and Frank Naeve, who took over as VP of sales for the Americas this month—met recently with journalists...

JP Morgan and IBM announced plans to integrate their respective corporate card and expense reporting solutions bit.ly/9orrnn to help "companies improve visibility into business travel costs, better...

Marriott International will roll out Marriott Bonvoy next month to replace Marriott Rewards, The Ritz-Carlton Rewards and Starwood Preferred Guest. The last of those came under Marriott's corporate...

Rapid returns could easily be the theme of this issue of Procurement.travel as several stories detail the speed at which procurement buyers are transforming travel management policies, practices and...

Lyric, an apartment-style accommodation provider, has cut 25 people from its 150-person workforce and will close 179 of its 600 units nationwide amid a downsizing and restructuring, a company...