Adam Perrotta
Business Travel News
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Expensify Adds Booking Service to Payment Card Platform: Product Name
With business travel projected to begin re-emerging over the coming months, expense management and corporate payment provider Expensify is getting into the booking game, rolling out a virtual assistant through which travelers can book flights, hotels and rental cars via chat or email. → Read More
TripActions Bolsters Reserves with $125 Million in Financing:
As travel management providers continue navigating stiff headwinds amid the ongoing shutdown of corporate travel, TripActions has added another $125 million in financing to its coffers to help the company wait out the storm. → Read More
Reed & Mackay Adds Air, Hotel Cleanliness Data:
With information on supplier hygiene and safety processes expected to be in high demand as travel begins to re-emerge from its Covid-19-induced hibernation, U.K.-based travel management company Reed & Mackay is adding airline and hotel safety data to its online booking tool. → Read More
Virus-Tracking Services Could Help Fuel Corporate Travel's Comeback:
While most corporate travel remains on pause due the global Covid-19 pandemic, suppliers have busied themselves developing the services necessary for client companies to safely and confidently send their employees back onto the road as travel re-emerges. Among the tools that could be some of the most vital during the early stages of travel's recovery are virus trackers designed to give travel… → Read More
Oversight Revamps Transaction Monitoring Platform:
Spending management and auditing technology provider Oversight has updated its spend optimization platform, adding new capabilities designed to mitigate financial and compliance risk in corporate card programs. → Read More
Conferma, Visa Ink Mobile Virtual Card Pact:
Eighteen months after initially rolling out its mobile wallet-based virtual card service, Conferma Pay is seeking to scale up the service via a new deal with Visa. The global agreement enables bank issuers to make Visa corporate virtual cards available through the Conferma Pay app for use by corporate travelers. → Read More
Amex Q1 Commercial Card T&E Spending Down, Q2 Plummet Ahead:
Global first-quarter travel and entertainment spending volume on American Express corporate cards plummeted 21 percent year over year, the company said Friday. Airline-related global spending volume declined even more, coming in 32 percent lower than a year ago. → Read More
Amex GBT Says It Reaches 2019 Business Travel Carbon Neutrality:
American Express Global Business Travel offset 100 percent of carbon emissions generated by its employees' 2019 business travel, according to the travel management company, which also committed to expanding carbon neutrality across its entire global operations. → Read More
TravelPerk Launches Carbon Mitigation Program:
A new service from TravelPerk gives corporate clients the ability to offset their entire travel-related carbon emissions, according to the Europe-based travel management provider → Read More
Delta, Latam To Offer Loyalty Reciprocity, Expand Codeshares:
Latam Airlines and Delta Air Lines for flights beginning April 1 will enable reciprocal frequent-flyer benefits, the carriers announced. Latam Pass and Delta SkyMiles members will be able to earn and redeem miles on each carrier's flights. → Read More
Wyndham Unveils New Meeting Booking Services:
Wyndham Hotels & Resorts has launched a pair of new web-based tools designed to cater to corporate travel buyers planning small and midsize meetings, the company announced Wednesday. → Read More
Hotel Wholesaler Integrates Troovo For Virtual Payments:
Hotel room wholesaler WebBeds will use Troovo Technologies' virtual payment card generation tools to make payments to hotel suppliers, the companies announced. Under the partnership, WebBeds will use Troovo's robotic process automation-driven platform to route and process payments for rooms, which the company subsequently resells to such parties as travel agents, OTAs, airlines and tour… → Read More
TripActions Launches Payment Card, Promising Travel Spending Controls:
TripActions has launched a payment card designed to work directly with its travel management platform, according to the company. Dubbed Liquid, the new product features a virtual card for such pay-ahead bookings as flights, as well as a Visa-branded plastic credit card for expenses incurred by business travelers during trips. → Read More
Advito Partners with Edgar, Dunn for Payments Consulting Service:
BCD Travel consulting arm Advito has partnered with consultancy Edgar, Dunn & Co. to launch a new payments consulting service, according to the companies. Services will include assessment of corporate clients' payments situation, counseling in trends and best practices and identifying opportunities and solutions to improve payment processes. → Read More
Grasp Extends Reach in U.K., EMEA with Uniglobe Pact:
Travel data and virtual payments specialist Grasp Technologies has partnered with Uniglobe Travel British Isles and EMEA, making Grasp a preferred supplier for Uniglobe, according to the companies. Under the deal, Grasp will offer its products and services at a discounted rate to Uniglobe's network of member travel agencies in those two regions, which together comprise more than 120 locations. → Read More
Center Latest to Offer Expense, Corporate Card Combo:
Card provider Center on Monday became the latest company to offer a combined corporate payment card and expense system under one roof. Center's new platform features the Visa-branded CenterCard corporate debit card along with the companion Center Expense tool. The two components are designed to work together, with purchases made on the card flowing directly into the expense tool. → Read More
Wex M&A Chief Talks $1.7B eNett, Optal Buy:
Wex Inc.'s January agreement to acquire virtual travel payments provider eNett for $1.7 billion from majority owner Travelport—along with related financial technology specialist Optal—marked the latest major travel payments move for the company, which over the past several years has steadily expanded into new markets and corporate payments verticals. Wex chief corporate development officer… → Read More
Emburse Adds Payment Card To Abacus:
Recently rebranded corporate expense firm Emburse is integrating corporate payment cards directly into its Abacus expense management service, according to the company. The physical and virtual cards are built upon the platform of payments startup Emburse, which was acquired last year by the company formerly known as Certify and Chrome River. In January, the company adopted Emburse as its… → Read More
Certify: Ride-Hailing Bumps Meals as Most-Expensed 2019 Spending Category:
Ride-hailing services were the most-expensed business spending category in 2019, according to a new Certify report, the first time since 2015 that meals didn't top the list. → Read More
Possible Visa Interchange Fee Hike Could Mean Costlier Online, Virtual Bookings:
Visa is overhauling its interchange rate structure, according to a published report, a move that could mean higher fees for some types of corporate travel bookings made with Visa cards. → Read More