The travel industry was one of the biggest pandemic losers. Now that the world has largely reopened, business is booming again. Business travel is a big part of it. In the second quarter, business travel accounted for roughly two-thirds of Hilton Worldwide’s revenue mix and...
Let’s say you were the chief financial officer of a company that has 200 employees, each with 5 different subscriptions and licenses to things like Outlook, Zoom and other software or cloud-based service that require a monthly payment. Historically, over the course of a year, those 12,000 hypothetical...
TravelPerk and Divvy are teaming to provide a corporate travel and expense management experience with a tie-up between the two firms. TravelPerk attains the status of Divvy’s main travel partner via the collaboration, according to a Tuesday (June 29) announcement. “By [recognizing] each other’s strengths...
AmTrav, which helps companies book travel, and Emburse, a spend management technology and accounts payable (AP) automation firm, are advancing their partnership by rolling out an automatic receipts integration, according to a Thursday (June 24) announcement. “The word ‘integration’ gets thrown around a lot these...
April 23, 2021
The global pandemic shut business travel down a little over a year ago as workers relocated to their home offices and physical interactions between colleagues more or less rolled up the sidewalk for most of 2020. According to a business travel trade association, business travel reached a $1.4 trillion peak in 2019, and it took […]
January 21, 2021
At some point, though it may seem to be far away, air travel is going to resume. It may take a while. But businesspeople will want face to face meetings...
January 12, 2021
Historically, corporate travel and expense (T&E) management has been viewed as an entirely separate function from other B2B payment workflows. With employees seeking to use company cash in the same...
July 10, 2020
Although commercial card products can offer working capital benefits on both ends of the B2B transaction, adoption lags behind other digital payment methods in accounts payable (AP) departments. In Asia,...
October 19, 2023
Citi and Navan have launched a new travel and expense system for Citi Commercial Bank (CCB) cardholders, the companies said Thursday (Oct. 19). This collaboration combines Navan’s all-in-one solution with Citi’s leading commercial card solutions, utilizing Navan Connect’s card-link technology. The system aims to provide a seamless digital experience for Citi Commercial Bank cardholders and […]
January 14, 2021
NTT DATA Hong Kong Limited (NTT DATA) has teamed with Conferma Pay to bring digital payment communications to hotels, according to an announcement emailed to PYMNTS. “Partnering with Conferma Pay is...
October 19, 2020
Despite the economic damage inflicted by the pandemic, hoteliers expect sub-Saharan Africa to remain a hot market for big-time lodging development, the Wall Street Journal reported Sunday (Oct. 18). Global...
January 08, 2020
Delta Airlines has said that it’s looking into letting customers pay for Lyft rides by using airline miles, the latest move in a partnership between the two companies, according to...