Wex news and trends

Banyan to Add Item-Level Data Capabilities to WEX Virtual Payments
Data // May 02, 2024

Banyan has announced a new partnership with WEX. “As a B2B FinTech whose purpose is to simplify the business of running a business, WEX helps solve operational complexities and streamline business payments,” Banyan said Thursday (May 2) in a post on LinkedIn and in a...

Booking.com Forms Virtual Card Partnership With WEX
Travel Payments // April 25, 2024

Global commerce platform WEX has launched a virtual card partnership with Booking.com. The new arrangement, announced in a news release Thursday (April 25), expands on the two companies’ 11-year-old partnership, with WEX becoming Booking.com’s virtual card provider and WEX’s payment solutions supporting Booking.com’s travel-related products and services sales. “Building...

Green Dot Names Marqeta Vet Renata Caine as BaaS Lead
Personnel // April 15, 2024

Green Dot has named payments industry veteran Renata Caine as its new Banking-as-a-Service (BaaS) general manager. Caine previously worked at Marqeta and at the commercial payments division of WEX, the digital bank/Fintech firm said in a Monday (April 15) news release. “Renata is an impressive leader whose deep experience driving strategy...

WEX to Add Field Service Management Solutions With Payzer Acquisition
Acquisitions // October 26, 2023

WEX, a global commerce platform, has signed a definitive agreement to acquire Payzer, a cloud-based field service management software provider. This move is in line with WEX’s growth strategy of expanding its product suite and creating cross-sell opportunities, the company said in a Thursday (Oct. 26) press...

Interviews & Exclusives
Digital-First Firms Must Take Page From FinTech Payments Playbook

April 07, 2021
At first, the claim seems to be a bit outlandish. How could every company eventually become a FinTech? But unpack the statement a bit, and it goes from exaggeration to a sense of reality. After all, FinTechs understand consumer trends and are able to pivot quickly to meet end users’ demands. They manage money in […]

Collaborations Help B2B Payments Avoid Future Shock

March 09, 2021
One of the most effective conduits toward future proofing an organization and creating agile B2B payments is through partnerships. Kara Szostek, director of Product Management at WEX, told PYMNTS in...

How Digitizing B2B Payments Leads To New Revenues

February 03, 2021
When it comes to B2B payments and accounting processes, paper is the enemy. But like any formidable foe, it’s not going down without a fight. It’s a battle Dylan Jones,...

Partnerships Drive B2B Payments Digital Transition

December 28, 2020
The question is seemingly an eternal one in the business realm: build vs. buy. And as FinTechs continue to challenge banks, but also offer new opportunities within the B2B space, they’re advancing...

Quick Reads
Banyan to Add Item-Level Data Capabilities to WEX Virtual Payments

May 02, 2024
Banyan has announced a new partnership with WEX. “As a B2B FinTech whose purpose is to simplify the business of running a business, WEX helps solve operational complexities and streamline business payments,” Banyan said Thursday (May 2) in a post on LinkedIn and in a blog post. “Merchant partners of WEX will benefit from the […]

Booking.com Forms Virtual Card Partnership With WEX

April 25, 2024
Global commerce platform WEX has launched a virtual card partnership with Booking.com. The new arrangement, announced in a news release Thursday (April 25), expands on the two companies’ 11-year-old partnership, with WEX becoming Booking.com’s...

Green Dot Names Marqeta Vet Renata Caine as BaaS Lead

April 15, 2024
Green Dot has named payments industry veteran Renata Caine as its new Banking-as-a-Service (BaaS) general manager. Caine previously worked at Marqeta and at the commercial payments division of WEX, the digital bank/Fintech firm said in...

WEX to Add Field Service Management Solutions With Payzer Acquisition

October 26, 2023
WEX, a global commerce platform, has signed a definitive agreement to acquire Payzer, a cloud-based field service management software provider. This move is in line with WEX’s growth strategy of expanding...