Expense Management stories
Businesses may see credit card rewards shrink as the Reserve Bank of Australia's surcharge ban and lower fees prompt banks to trim offers.
The recognition highlights growing insurer demand for tools that curb building repair claim inflation, with users reporting 10% to 12% savings.
Half of business travellers admit bending expense rules, as unapproved AI use and weak approvals add to finance teams' compliance worries.
Corporate travellers could face fewer manual steps as booking data and expenses flow between the two platforms in real time.
Customers could gain more choice over travel, payments and expense tools as Emburse adds new partners and broadens its Mastercard tie-up.
Travel managers will get real-time programme visibility and travellers more self-service options as Amex GBT broadens AI across its products.
Most finance chiefs still lack a clear AI plan as poor data quality and governance delay automation across North American finance teams.
New transparency rules will force customer-facing AI tools to disclose themselves, while banks and SMBs face tougher oversight of models and data.
Mid-market finance teams in Australia and New Zealand can now cut manual work as ProSpend adds Archa's credit-backed virtual cards to its platform.
Tighter fraud controls and easier integration are aimed at banks and corporate users as Citi becomes the first issuer to use the new tools.
Businesses will get tighter spend limits and transaction checks as Mastercard rolls out new virtual card controls, with Citi first to go live globally.
Travel managers could cut front-desk payment failures as virtual card details are verified before travellers arrive, reducing support and reconciliation work.
Lower purchasing costs and stronger finance income lifted Westcon Group NZ's annual profit to NZD $9.8 million, even as sales slipped.
Cash-flow pressures are mounting for Canadian small firms, with Xero data showing sales fell 0.6% year on year in the June quarter.
The move gives UK accountants and small businesses a single workflow for supplier, expense and payroll payments as late invoices strain cash flow.
Approved AI agents can now create controlled virtual cards for company spending, targeting procurement, travel and advertising workflows.
Canadian firms can now handle cards, expenses and bill payments in one system, as Ramp targets businesses beyond the US.
The overhaul has already triggered nearly 3,900 workflows and onboarded more than 10,000 suppliers, tightening controls across campus operations.
Small businesses can now access automated expense tracking and cash back as Intuit ties the new card directly to QuickBooks accounts.
A gap in company controls is pushing many Canadian staff to use unauthorised AI for travel planning, expenses and rebooking.