In today’s corporate landscape, as companies navigate the challenges of hybrid work arrangements and business travel, the demand for virtual cards has surged. These innovative payment solutions offer a range of benefits, from improved cash flow and simplified spending controls to data tracking and fraud...
The more archaic and manual a system, the riper it is for abuse. Just take, for example, the news of Citi firing a senior analyst for inflating his meal expenses and later lying about it, which became widely reported on last week (Oct. 15). But reimbursement fraud is no joke, and businesses relying...
Galileo Financial Technologies introduced a corporate credit tool designed to control expense management. “Traditionally, managing thousands of employee charge cards and their individual credit limits has been a complex and time-consuming task for companies,” the company said in a news release Tuesday (Oct. 17). “The...
American Express has added external accounts integration to its digital cash flow management hub, American Express Business Blueprint. This is one of several new updates and enhancements added to the hub, aimed at helping small business card members gain a better understanding of their cash flow trends...
Finance automation platform Tipalti has debuted Tipalti Expenses, an expense management and automation solution. The tool integrates with Tipalti’s platform, which automates accounts payable (AP), procurement, cards and mass global payments “to improve financial visibility and reduce errors and fraud,” according to a Thursday (Sept....
Construction payment provider Billd is working with software platform STACK to improve working capital access. The companies announced in a news release Wednesday (Sept. 6) that Billd’s financing solutions are now part of the STACK Takeoff and Estimating platform, letting subcontractors instantly access working capital ahead of construction. “We encourage all...
Expense management app Expensify has debuted a revenue-sharing program for its accounting partners. Starting next month, members of the company’s ExpensifyApproved! Accountants partnership program will get a 0.5% revenue share on every client’s Expensify Card purchases, Expensify announced in a Wednesday (Aug. 23) news release. When the program...
Brex has added a group events feature to its global spend platform. This expansion of Brex travel enables businesses to create and manage large scale corporate events for their employees, the company said in a Monday (Aug. 14) press release. “Corporate travel has made a strong comeback, but...
Payments platform Airwallex says it is helping FinTech Brex with its worldwide expansion. “In today’s economic climate, every business is navigating two competing interests: expanding operations and saving costs,” Jack Zhang, co-founder and CEO of Airwallex, said in a Wednesday (July 19) news release. “Traditional...
