With cash flow constraints dominating the headlines, financial service providers are introducing a slew of new products and services to help small businesses strengthen their financial standings amid the coronavirus crisis. The commercial credit card is increasingly viewed as a critical tool for these small...
From back-office spend analytics to autonomous vehicles, fleet payment service providers are exploring a multitude of opportunities to address friction and enhance the payments experience for fleet drivers and fuel merchants. Innovators have a lot of friction points to choose from, too. Some of the...
A lawsuit filed this week by Gas Pos, a fuel station point-of-sale startup, is accusing fleet card company FLEETCOR of anticompetitive behavior and adding to the growing controversy over fees associated with processing and using fleet cards. According to documents obtained by Bloomberg Law, Gas...
After posting better-than-expected fourth-quarter earnings results, commercial payments firm WEX announced plans to acquire the fuel card assets of EG Group, Go Fuel Card. In a press release on Monday (March 25), WEX said it will acquire Go Fuel Card, the fuel card operations of...
November 02, 2017
FLEETCOR Technologies, the provider of commercial payment solutions, saw its stock jump in after-hours trading action on Wednesday (Nov. 1) after announcing it inked an agreement with Walmart relating to two payment initiatives. In a press release in conjunction with its third-quarter earnings, FLEETCOR said Walmart will begin accepting FLEETCOR commercial payment cards at all […]
May 10, 2017
BP announced in a press release that more than 200,000 BP and Aral fuel card customers across Europe will now benefit from a new international fuel card. The new co-branded...
November 08, 2015
Commercial card and payments company WEX has welcomed a new chief financial officer to its group. The company announced late last week that Roberto Simon has been appointed CFO and...
October 26, 2015
The U.K. has a new fleet card product on the market, and according to its issuer, it gives fleet managers access to the largest fixed-price fuel network in the nation....
