Wex/page/2 news and trends

WEX Debuts AI-Powered Enhancements to Benefits Admin Tool
artificial intelligence // November 25, 2024

Commerce platform WEX says it is launching new AI enhancements to its benefits administration offering. With open enrollment season set to begin, the company on Monday (Nov. 25) announced it is working with select employers to pilot a pair of artificial intelligence (AI)-powered tools: Benefit Assistant and BeneFITwise Premier....

WEX Introduces Digital Commerce Solution for Medicare Platform
eCommerce // November 21, 2024

Global commerce platform WEX added a digital shopping solution to its Medicare Advantage supplemental benefits platform. The Medicare Advantage marketplace expands the brick-and-mortar merchant network to which Medicare Advantage members already have access, according to a Thursday (Nov. 21) press release. Now, members can buy...

How B2B Firms Can Capitalize on the $7 Billion Embedded Finance Opportunity
B2B Payments // October 29, 2024

There’s a multitrillion-dollar opportunity that’s rewriting the B2B playbook, and it starts with two words: embedded finance. The consumer payments buzzword is steadily making headway into the B2B space, and it is beginning to drive real change for buyers and suppliers across sectors by integrating...

WEX: Navigating Near-Term Headwinds While Investing in Digital Growth
Earnings // October 24, 2024

The contemporary operating landscape is increasingly defined by both resilience and vulnerability. These two themes were central to WEX Inc.’s third-quarter 2024 earnings call on Thursday (Oct. 24). The company, which provides payment processing, fleet management and benefits solutions, told investors it continues to navigate...

Interviews & Exclusives
WEX Sees Embedded Experiences Impacting Supply Chains

October 23, 2024
When it comes to payments, innovation is the name of the game, and “embedded” is the prefix in most of the names being bandied about. The trend, driven by technological innovation and changing end-user behaviors, has already been embraced in the consumer landscape via apps like DoorDash and Uber. However, it’s the B2B sector where […]

WEX: How Companies Are Slashing Costs by Optimizing Business Payments

September 24, 2024
Choice can be both a necessity and a paralyzing paradox. Particularly in the world of business payments, finding the optimal mix of payment methods has become a critical challenge for...

Three Hidden Assets That Define Modern Business Payments

August 01, 2024
B2B payments have traditionally been defined by legacy versus electronic mechanisms. But in today’s nuanced and dynamic landscape, the ongoing evolution of B2B payments is increasingly marked by solutions and...

Are Retail Media Networks Financial Services’ Next Big Move?

June 03, 2024
This year more than 5 trillion digital ads will be shown globally. It’s a staggering number and a testament to the desire of companies from ad giants like Coca-Cola to...

Quick Reads
WEX and Qmerit Bring EV Charging to Fleet Drivers’ Homes

December 05, 2024
Commerce platform WEX has launched a partnership with electric vehicle (EV) charger installation provider Qmerit. This collaboration is designed to streamline the installation of EV chargers at commercial fleet drivers’ homes, the companies said Thursday (Dec. 5). “With electricians and other tradespeople in increasing demand, WEX’s partnership with Qmerit is meant to streamline the charger […]

WEX Debuts AI-Powered Enhancements to Benefits Admin Tool

November 25, 2024
Commerce platform WEX says it is launching new AI enhancements to its benefits administration offering. With open enrollment season set to begin, the company on Monday (Nov. 25) announced it is working with select...

WEX Introduces Digital Commerce Solution for Medicare Platform

November 21, 2024
Global commerce platform WEX added a digital shopping solution to its Medicare Advantage supplemental benefits platform. The Medicare Advantage marketplace expands the brick-and-mortar merchant network to which Medicare Advantage members...

WEX Engages Indie Truckers With Fuel Discount App

October 04, 2024
WEX is rolling out a new app to give independent truckers access to benefits normally only available to larger companies. The free mobile app, 10-4 by WEX, offers owner-operators and...