Wex news and trends

WEX: Navigating Near-Term Headwinds While Investing in Digital Growth
Earnings // October 24, 2024

The contemporary operating landscape is increasingly defined by both resilience and vulnerability. These two themes were central to WEX Inc.’s third-quarter 2024 earnings call on Thursday (Oct. 24). The company, which provides payment processing, fleet management and benefits solutions, told investors it continues to navigate...

WEX Sees Embedded Experiences Impacting Supply Chains
B2B Payments // October 23, 2024

When it comes to payments, innovation is the name of the game, and “embedded” is the prefix in most of the names being bandied about. The trend, driven by technological innovation and changing end-user behaviors, has already been embraced in the consumer landscape via apps...

Unlocking Innovation Beyond Payments Tops Week in B2B
B2B Payments // October 10, 2024

Innovation is no good to the businesses that fail to embrace it. But as advanced technologies to streamline payments and financial data management reshape competition in commercial payments, the transformation of business-to-business (B2B) payments is taking center stage this month as PYMNTS, together with industry...

WEX Engages Indie Truckers With Fuel Discount App
Mobile Applications // October 04, 2024

WEX is rolling out a new app to give independent truckers access to benefits normally only available to larger companies. The free mobile app, 10-4 by WEX, offers owner-operators and small trucking companies access to fuel discounts, according to a Friday (Oct. 4) news release....

Interviews & Exclusives
WEX Sees Embedded Experiences Impacting Supply Chains

October 23, 2024
When it comes to payments, innovation is the name of the game, and “embedded” is the prefix in most of the names being bandied about. The trend, driven by technological innovation and changing end-user behaviors, has already been embraced in the consumer landscape via apps like DoorDash and Uber. However, it’s the B2B sector where […]

WEX: How Companies Are Slashing Costs by Optimizing Business Payments

September 24, 2024
Choice can be both a necessity and a paralyzing paradox. Particularly in the world of business payments, finding the optimal mix of payment methods has become a critical challenge for...

Three Hidden Assets That Define Modern Business Payments

August 01, 2024
B2B payments have traditionally been defined by legacy versus electronic mechanisms. But in today’s nuanced and dynamic landscape, the ongoing evolution of B2B payments is increasingly marked by solutions and...

Are Retail Media Networks Financial Services’ Next Big Move?

June 03, 2024
This year more than 5 trillion digital ads will be shown globally. It’s a staggering number and a testament to the desire of companies from ad giants like Coca-Cola to...

Quick Reads
WEX Engages Indie Truckers With Fuel Discount App

October 04, 2024
WEX is rolling out a new app to give independent truckers access to benefits normally only available to larger companies. The free mobile app, 10-4 by WEX, offers owner-operators and small trucking companies access to fuel discounts, according to a Friday (Oct. 4) news release. The move widens WEX’s total addressable market by expanding its […]

WEX Sees AI, Commercial EVs as Growth Opportunities

July 25, 2024
Global commerce platform WEX is looking to artificial intelligence (AI) and commercial electric vehicles (EVs) as opportunities for growth after reporting record quarterly revenue. “We are expanding our position as...

WEX Appoints Jason Hancock Managing Director of International Payments Division

June 14, 2024
WEX has appointed Jason Hancock as managing director of its international payments division. Hancock has been with the global commerce platform since 2021, serving as senior director strategy, WEX Travel, and...

Banyan to Add Item-Level Data Capabilities to WEX Virtual Payments

May 02, 2024
Banyan has announced a new partnership with WEX. “As a B2B FinTech whose purpose is to simplify the business of running a business, WEX helps solve operational complexities and streamline...