WEX

Outage Persists For WEX Fleet Fuel Cards
Outage Persists For WEX Fleet Fuel Cards
February 06, 2020  |  B2B Payments

Truckers were left with unfilled gas tanks nationwide after an outage to WEX commercial fleet fuel cards, reports indicated on Thursday (Feb. 6). The WEX...

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WEX Expands B2B Footprint With eNett, Optal Buys
WEX Expands B2B Footprint With eNett, Optal Buys
January 24, 2020  |  Partnerships / Acquisitions

FinTech payments firm WEX is closing a deal to acquire business-to-business (B2B) travel payments startup eNett and B2B optimization company Optal, WEX announced on Friday...

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WEX Broadens Fleet Card Portfolio With Valero
WEX Broadens Fleet Card Portfolio With Valero
December 16, 2019  |  B2B Payments

Commercial payments technology company WEX announced on Monday (Dec. 16) that it has reached an agreement to manage Valero Energy‘s fleet fuel card program, according...

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Accounts Receivable Begins To Tackle Payables Friction
Accounts Receivable Begins To Tackle Payables Friction
November 26, 2019  |  B2B Payments

Accounts payable (AP) automation is beneficial, and even necessary, for many businesses still bogged down by paper. But as the latest PYMNTS Next-Gen AP Automation Tracker...

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WEX Links Corporates To Billtrust’s AP Solutions
WEX Links Corporates To Billtrust’s AP Solutions
November 19, 2019  |  B2B Payments

Commercial payments company WEX has announced a partnership with order-to-cash solution provider Billtrust in an effort to address accounts payable (AP) friction for its clients....

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Commercial Cards, B2B Payments Get A Lift During Earnings Season
Commercial Cards, B2B Payments Get A Lift During Earnings Season
November 04, 2019  |  B2B Payments

Earnings results showed continued uptake in commercial card issuance and use, here and abroad, as WEX, Mastercard and Visa reported earnings and strong B2B growth....

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WEX Posts Double-Digit Growth In Corporate, Travel Payments
WEX Posts Double-Digit Growth In Corporate, Travel Payments
October 31, 2019  |  Earnings

WEX posted earnings results on Thursday (Oct. 31) that met expectations, while the firm showed payments volumes that were up double-digit percentages. Management pointed to...

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WEX: Getting To B2B Payments’ Innovation Core — And Beyond Legacy Systems
WEX: Getting To B2B Payments’ Innovation Core — And Beyond Legacy Systems
October 29, 2019  |  B2B Payments

The pace of payments innovation continues to accelerate, and corporate payments are no longer an exception to this trend. But to understand where B2B payments...

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WEX CEO Prepares For Outcome Of 2020 Election
WEX CEO Prepares For Outcome Of 2020 Election
October 21, 2019  |  B2B Payments

CEO Melissa Smith of commercial payments company WEX said that the firm is “bracing for volatility” in 2020. In an interview with Bloomberg, Smith noted...

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