Every dollar of working capital matters to today’s businesses. That makes tracking and managing expenses important, as evidenced by “Grubgate,” where tech giant Meta fired more than 20 employees for abusing the company’s meal expense system. Yet effectively tracking and managing employee business travel and...
As business travel rebounds in the United States, airlines are reaping the benefits of renewed spending from corporate clients. Consider that 62% of CEOs expect their companies to increase travel budgets this year, according to a TravelPerk-commissioned report. This resurgence is fueled by the recognition...
Delta Air Lines continues to demonstrate resilience in the business travel sector, building on strong performance from previous quarters as it reported third-quarter financial results Thursday (Oct. 10). Corporate travel sales rose 7%, driven by the airline’s focus on premium offerings, which have consistently outperformed main...
Rhode Island-based regional bank Citizens has partnered with travel and expense (T&E) technology provider Navan to offer a travel management platform to Citizens’ clients. The travel platform includes technology that connects policy with the booking process to allow the use of dynamic policies for each transaction, and...
July 05, 2024
The barbecues will die down to a few flickering embers. The fireworks’ booming will echo and fade. And the summer getaways during the work-shortened week will give way to the return of the road warrior. The stage has been set for that rebound. The Tech Connect PYMNTS Intelligence’s summer edition of the “Consumer Credit Economy […]
July 02, 2024
Innovation is coming to the B2B space, providing businesses with streamlined and efficient payment solutions. Increasingly, these innovative B2B payment solutions are having a positive impact across both sides of...
April 02, 2024
It’s a new era for business, and that means it’s a new era for business travel. And against today’s backdrop, where every dollar of working capital matters, travel spend management...
March 11, 2024
Kayak’s new chatbot lets users seek travel advice and discover flights via screenshots, in the latest sign of how artificial intelligence (AI) is driving the digital transformation of business and...
November 04, 2024
Mastercard and NatWest partnered to introduce a mobile virtual card payment tool for businesses in the United Kingdom. Approval2Buy is the first service in Europe to use Mastercard’s mobile virtual card app, according to a Tuesday (Nov. 5) news release. “New payments technology presents new ways for businesses to progress and grow,” NatWest Managing Director […]
September 10, 2024
Rhode Island-based regional bank Citizens has partnered with travel and expense (T&E) technology provider Navan to offer a travel management platform to Citizens’ clients. The travel platform includes technology that connects policy...
July 30, 2024
JetBlue is focusing on its East Coast leisure routes as it works to return to profitability. The airline released quarterly earnings Tuesday (July 30) showing a $25 million profit, and said it plans...
July 22, 2024
Global business travel spending is expected to reach a record high in 2024, exceeding the current record that was set in the pre-pandemic year of 2019. The Global Business Travel Association...
