Corporate Travel news and trends

Navigating the Future of B2B: Collaboration, Innovation and Risk Management

November 08, 2024
DGN Thredd
Mastercard and NatWest Launch Mobile Virtual Card Partnership
Partnerships // November 04, 2024

Mastercard and NatWest partnered to introduce a mobile virtual card payment tool for businesses in the United Kingdom. Approval2Buy is the first service in Europe to use Mastercard’s mobile virtual card app, according to a Tuesday (Nov. 5) news release. “New payments technology presents new...

Expense Management Is Undergoing a Revolution, but Legacy Systems Hold Firms Back
B2B Payments // October 30, 2024

Every dollar of working capital matters to today’s businesses. That makes tracking and managing expenses important, as evidenced by “Grubgate,” where tech giant Meta fired more than 20 employees for abusing the company’s meal expense system. Yet effectively tracking and managing employee business travel and...

US Airlines, Hotels Lean Into Digital Tools Amid Uptick in Corporate Travel
Travel Payments // October 25, 2024

As business travel rebounds in the United States, airlines are reaping the benefits of renewed spending from corporate clients. Consider that 62% of CEOs expect their companies to increase travel budgets this year, according to a TravelPerk-commissioned report. This resurgence is fueled by the recognition...

Delta’s Q3 Earnings Show 7% Growth in Corporate Travel
Earnings // October 10, 2024

Delta Air Lines continues to demonstrate resilience in the business travel sector, building on strong performance from previous quarters as it reported third-quarter financial results Thursday (Oct. 10). Corporate travel sales rose 7%, driven by the airline’s focus on premium offerings, which have consistently outperformed main...

Interviews & Exclusives
Navigating the Future of B2B: Collaboration, Innovation and Risk Management

November 08, 2024
Teamwork makes the dream work, especially when that dream is better B2B payments. With FinTech innovators increasingly pairing up with secure and reliable financial institutions, the future looks bright. Tribh Grewal, head of FinTech partnerships at Discover® Global Network, and Jonathan Vaux, head of propositions and partnerships at Thredd, discussed with PYMNTS how FinTechs and […]

After the July Fourth Fireworks, Look for Business Travel to Ignite

July 05, 2024
The barbecues will die down to a few flickering embers. The fireworks’ booming will echo and fade. And the summer getaways during the work-shortened week will give way to the...

How Supplier-Friendly Card Solutions Improve Business Cash Flow

July 02, 2024
Innovation is coming to the B2B space, providing businesses with streamlined and efficient payment solutions. Increasingly, these innovative B2B payment solutions are having a positive impact across both sides of...

Business Travel Reporting Starts With Central Expense Management

April 02, 2024
It’s a new era for business, and that means it’s a new era for business travel. And against today’s backdrop, where every dollar of working capital matters, travel spend management...

Quick Reads
Mastercard and NatWest Launch Mobile Virtual Card Partnership

November 04, 2024
Mastercard and NatWest partnered to introduce a mobile virtual card payment tool for businesses in the United Kingdom. Approval2Buy is the first service in Europe to use Mastercard’s mobile virtual card app, according to a Tuesday (Nov. 5) news release. “New payments technology presents new ways for businesses to progress and grow,” NatWest Managing Director […]

Citizens and Navan Partner on Travel Management Platform

September 10, 2024
Rhode Island-based regional bank Citizens has partnered with travel and expense (T&E) technology provider Navan to offer a travel management platform to Citizens’ clients. The travel platform includes technology that connects policy...

JetBlue Focuses on Leisure Routes on Road to Restore Profits

July 30, 2024
JetBlue is focusing on its East Coast leisure routes as it works to return to profitability. The airline released quarterly earnings Tuesday (July 30) showing a $25 million profit, and said it plans...

Global Business Travel Spending to Surpass 2019 Record

July 22, 2024
Global business travel spending is expected to reach a record high in 2024, exceeding the current record that was set in the pre-pandemic year of 2019. The Global Business Travel Association...