PYMNTS-MonitorEdge-May-2024

spend management

Mastercard and EedenBull Collaborate on SMB Spend Management Tool
Mastercard and EedenBull Collaborate on SMB Spend Management Tool
November 01, 2023  |  SMBs

Mastercard and EedenBull, a FinTech focused on digital payment management solutions, teamed up to introduce a card and spend management solution for small- to medium-sized...

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From Tradition to Transformation: B2B Enterprises Hit Generational Inflection Point 
From Tradition to Transformation: B2B Enterprises Hit Generational Inflection Point 
November 01, 2023  |  B2B Payments

A generational change is coming for the B2B landscape. But from employees to ERP (enterprise resource planning) systems, it doesn’t have to be out with...

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Truist Bank Partners With Trovata to Enhance Liquidity Management
Truist Bank Partners With Trovata to Enhance Liquidity Management
October 24, 2023  |  News

Truist Bank has partnered with Trovata, a provider of bank application programming interfaces (APIs) and enterprise cash management services, to enhance cash forecasting and liquidity...

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Virtual Cards Among Top 3 Working Capital Solutions
Virtual Cards Among Top 3 Working Capital Solutions
October 23, 2023  |  Spend Management

In today’s corporate landscape, as companies navigate the challenges of hybrid work arrangements and business travel, the demand for virtual cards has surged. These innovative...

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Virtual Cards Help Businesses Solve Legacy Spend Management Silos 
Virtual Cards Help Businesses Solve Legacy Spend Management Silos 
October 23, 2023  |  Spend Management

The more archaic and manual a system, the riper it is for abuse.  Just take, for example, the news of Citi firing a senior analyst for inflating his...

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Galileo Debuts Corporate Credit Solution for Expense Management
Galileo Debuts Corporate Credit Solution for Expense Management
October 17, 2023  |  Spend Management

Galileo Financial Technologies introduced a corporate credit tool designed to control expense management. “Traditionally, managing thousands of employee charge cards and their individual credit limits...

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PNC Financial Group Begins Reducing Workforce by 4%
PNC Financial Group Begins Reducing Workforce by 4%
October 13, 2023  |  Personnel

PNC Financial Group began staff reductions that will decrease its workforce by 4%. The move is expected to reduce the company’s 2024 expenses by $325...

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Report: 40% of CFOs Cut Spending Due to Rate Hikes
Report: 40% of CFOs Cut Spending Due to Rate Hikes
September 28, 2023  |  CFO

A new survey finds a growing number of CFOs trimming spending due to higher interest rates. The survey, issued earlier this week by Duke University’s Fuqua School of...

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American Express Adds External Accounts Integration to Digital Cash Flow Management Hub
American Express Adds External Accounts Integration to Digital Cash Flow Management Hub
September 26, 2023  |  Spend Management

American Express has added external accounts integration to its digital cash flow management hub, American Express Business Blueprint. This is one of several new updates and enhancements...

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