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How The Gig Economy Is Igniting Spend Management Innovation

PYMNTS

PEX issues Visa -branded debit cards, paired with a spend management app, to small businesses (SMBs) that need a solution for the part of workforce spend that is anything but predictable — related to specific tasks and, by its very nature, usually ad hoc. Lately, Grant noted, prepaid has seen a bit of resurgence in the U.S.

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How Truckers Keep On Transacting

PYMNTS

However, transporting shipments from coast to coast presents a host of challenges. PYMNTS recently caught up with nonprofit Women in Trucking Association , and several truck drivers, to discuss what it takes to ease on-the-job expense management. Trucking is a major American job sector, as 3.5 On The Road As A Company Driver.

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CIBT Partners With Conferma Pay On Virtual Cards For Business Travel

PYMNTS

CIBT corporate customers will now be able to access automatic reconciliation and better spend management tools like data insights. “CIBT customers will be able to leverage the same secure controlled payment method utilized across air, hotel and ground transportation today.

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How Stanley Steemer Scrubs Complexity From Employee Reimbursement

PYMNTS

While fleets are essential, operating a network of vehicles can be messy for many SMBs, especially when it comes to reimbursing employees for on-the-job spending. Workforce and spend management tools are being deployed to scrub the inefficiencies from SMBs’ reimbursement processes. About The Playbook.

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Card Incentives Jump On Businesses’ Shift Away From Cash

PYMNTS

. “This enables [corporates] to uncover valuable spend data, simplify processes, and make smart decisions,” said SAP Concur India Managing Director Mankiran Chowhan in a statement. Transportation Drags WEX’s Fleet Card Segment. Center Expands Beyond Cards For T&E. Reports in Pulse2.0

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Banking-As-A-Service, B2B eCommerce Lead Busy Week For B2B FinTech Funding

PYMNTS

In an interview with the publication, CEO Itai Damti pointed to a range of use cases for the technology, including transportation companies collaborating with their fleet of contractor drivers or accounting platforms working with clients. Fairmarkit.

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B2B Startup Investors Go After The Niche Markets

PYMNTS

In India, where investors have shied away from alternative nonbank financial companies as of late, one small business (SMB) lender managed to secure an impressive funding round. Other investment targets included a Chinese B2B eCommerce platform with a niche focus, an InsurTech startup targeting gig workers and corporate spend management firm.

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