TravelPerk said Tuesday (Jan. 28) that it took a step toward its goal of building an integrated travel and expense management platform by acquiring Yokoy. The move will add Yokoy’s spend management platform to TravelPerk’s business travel platform, the companies said in a Tuesday (Jan....
Citi and Navan have launched a new travel and expense system for Citi Commercial Bank (CCB) cardholders, the companies said Thursday (Oct. 19). This collaboration combines Navan’s all-in-one solution with Citi’s leading commercial card solutions, utilizing Navan Connect’s card-link technology. The system aims to provide...
The travel industry was one of the biggest pandemic losers. Now that the world has largely reopened, business is booming again. Business travel is a big part of it. In the second quarter, business travel accounted for roughly two-thirds of Hilton Worldwide’s revenue mix and...
Let’s say you were the chief financial officer of a company that has 200 employees, each with 5 different subscriptions and licenses to things like Outlook, Zoom and other software or cloud-based service that require a monthly payment. Historically, over the course of a year, those 12,000 hypothetical...
April 23, 2021
The global pandemic shut business travel down a little over a year ago as workers relocated to their home offices and physical interactions between colleagues more or less rolled up the sidewalk for most of 2020. According to a business travel trade association, business travel reached a $1.4 trillion peak in 2019, and it took […]
January 21, 2021
At some point, though it may seem to be far away, air travel is going to resume. It may take a while. But businesspeople will want face to face meetings...
January 12, 2021
Historically, corporate travel and expense (T&E) management has been viewed as an entirely separate function from other B2B payment workflows. With employees seeking to use company cash in the same...
July 10, 2020
Although commercial card products can offer working capital benefits on both ends of the B2B transaction, adoption lags behind other digital payment methods in accounts payable (AP) departments. In Asia,...
April 16, 2025
Onfly raised $40 million in a Series B funding round to support the expansion of its corporate travel and expense management platform into Mexico and other Latin American markets. The company was founded in 2018 and is one of the five largest corporate travel management firms in Brazil, with its platform serving more than 2,000 […]
January 28, 2025
TravelPerk said Tuesday (Jan. 28) that it took a step toward its goal of building an integrated travel and expense management platform by acquiring Yokoy. The move will add Yokoy’s...
October 19, 2023
Citi and Navan have launched a new travel and expense system for Citi Commercial Bank (CCB) cardholders, the companies said Thursday (Oct. 19). This collaboration combines Navan’s all-in-one solution with...
January 14, 2021
NTT DATA Hong Kong Limited (NTT DATA) has teamed with Conferma Pay to bring digital payment communications to hotels, according to an announcement emailed to PYMNTS. “Partnering with Conferma Pay is...
