One of the biggest fraud threats facing enterprises is also one of the oldest. And it, unlike the rise of artificial intelligence (AI)-driven attacks, comes from within their own company walls. That’s because, while corporate fraud comes in many colors, as the landscape of work...
Spending management company Brex has laid off 282 people — about 20% of the workforce — as part of a restructuring. “Today we’re restructuring Brex to become a high-velocity company,” Pedro Franceschi, founder and co-CEO of Brex, said in a message posted on the company’s website Tuesday (Jan. 23)....
Where a business spends money tends to define its go-forward strategy. But often where enterprise spend disappears to is opaque, with some departments sending checks to their vendors, others using electronic transfers, and employee reimbursements handled on an island. Fortunately, 2023 saw the rise of...
Uber for Business has integrated with expense management providers Brex and Ramp. With these integrations, receipt matching for Uber rides and meals will be automated, helping companies simplify expenses and save time, Uber for Business said in a Tuesday (Dec. 19) press release. “Our work with Brex and Ramp...
August 23, 2023
Business-to-business (B2B) transactions remain mired in a paper-based world where finance teams have their hands full. Quite literally — after all, paper checks and physical invoices won’t send themselves. That’s why PYMNTS sat down with Aaron Bright, new business development at Galileo, Karandeep Anand, chief product officer at Brex, and Herman Man, CPO at Bluevine, to […]
June 29, 2022
Digital services became table stakes for financial institutions (FIs) of all types when the pandemic shut down thousands of physical branches and forced countless more to reduce hours. The added...
July 08, 2019
The good old days of a two-year product development cycle are pretty much over. These days, no matter how creative, innovative and disruptive an idea a financial services player may...
April 23, 2024
Figure Technology Solutions has named Michael Tannenbaum as CEO and a member of the board of directors, effectively immediately. The company’s previous CEO, co-founder Mike Cagney, has assumed the role of executive chairman, Figure said in a Tuesday (April 23) press release. Tannenbaum was most recently chief operating officer at Brex and remains a member of that company’s board of directors, according […]
January 23, 2024
Spending management company Brex has laid off 282 people — about 20% of the workforce — as part of a restructuring. “Today we’re restructuring Brex to become a high-velocity company,” Pedro Franceschi,...
December 19, 2023
Uber for Business has integrated with expense management providers Brex and Ramp. With these integrations, receipt matching for Uber rides and meals will be automated, helping companies simplify expenses and save time, Uber...
September 20, 2023
Brex has launched an artificial intelligence-powered assistant to help employees simplify expense management. The spending platform said Brex Assistant, announced Wednesday (Sept. 20), is part of its larger Brex AI suite,...
