To recognize progress, sometimes it’s necessary to look back. That’s what researchers Dr. Mahendra Gupta and Richard J. Palmer did for their “P-card Benchmark Survey,” which surveyed purchasing card (p-card) program administrators about their firms’ commercial card adoption. In a recent report for Treasury & Risk, Gupta...
In Georgia, one Mohawk Industries employee allegedly scammed the company out of $766,000. In New York, a worker at Chevron Phillips Chemical Co. pled guilty to stealing $1.8 million from the firm. And in New Mexico, two Santa Fe government employees were placed on leave following...
Australian government agencies are reportedly plagued by company card fraud and misuse, according to new analysis from media company Fairfax Media. By certain accounts, some agencies are seeing more than $100,000 in misspend. Reports in the Sydney Morning Herald on Thursday (Oct. 12) said the...
B2B payments traditionally take longer than B2C to embrace innovative solutions, but when it comes to mobile wallets, even consumers took a bit longer to be convinced than some expected. Solutions like Apple Pay have struggled to gain traction, thanks to confusion over how it...
September 15, 2015
Businesses haven’t yet fully integrated digital payment methods into their operations, but firms are increasingly turning away from paper and toward plastic for at least one mechanism, whether it be employee expense management or payroll. A new solution from U.S.-based MUFG Union Bank, however, is designed for corporation’s all-around procure-to-pay needs, offing a suite of […]
September 08, 2015
An independent regulator in South Australia is looking into dozens of instances of alleged government and public sector corruption, the most common offense reportedly being misuse of government purchasing cards....
August 04, 2015
The Nilson Report has declared the year’s market leader in corporate cards. Reports published Monday (Aug. 3) revealed that Bank of America Merrill Lynch has claimed the top spot in...
April 20, 2015
Dubai is one of the world’s most progressive cities when it comes to providing startups and SMEs with alternative financing options. According to a recent report by the Dubai Economic...
