CWT

Amex GBT to Acquire Business Travel Solutions Provider CWT for $570 Million
Amex GBT to Acquire Business Travel Solutions Provider CWT for $570 Million
March 25, 2024  |  Acquisitions

American Express Global Business Travel (Amex GBT) agreed to acquire global business travel and meetings solutions provider CWT for $570 million. The planned acquisition would offer CWT’s 4,000 customers access...

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Business Travel Costs Expected to Keep Climbing
Business Travel Costs Expected to Keep Climbing
August 10, 2023  |  Travel Payments

Global business travel and events costs are expected to keep climbing through the remainder of 2023 and into 2024. However, lingering economic uncertainty and a...

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Mobile-First Mindset More Important Than New Tech in Boosting Faster, Simpler B2B Payments
Mobile-First Mindset More Important Than New Tech in Boosting Faster, Simpler B2B Payments
February 28, 2022  |  B2B Payments

Payments executives and chief financial officers want more from their business payments than just making them digital: They expect an experience that mimics the ease...

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Travel Management Firm CWT Pays $4.5M In Bitcoin To Hackers
Travel Management Firm CWT Pays $4.5M In Bitcoin To Hackers
July 31, 2020  |  Security & Fraud

Corporate travel manager CWT paid $4.5 million worth of bitcoin in ransom this week to hackers who said they seized control of 30,000 company computers...

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Why Optimism Persists For Corporate Travel Industry Stakeholders
Why Optimism Persists For Corporate Travel Industry Stakeholders
June 04, 2020  |  B2B Payments

With business trips all but wiped from corporate expense reports, corporate business travel industry stakeholders have been thrust into an unprecedented scenario. Uncertainty is at...

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