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Business Travel News | 3.14.17


2016 was the year expense management players got more aggressive, strategic and intelligent. While the sector has unarguably consolidated, that hasn’t stopped new players, armed with intuitive technologies and consumer-style interfaces, from launching solutions that could turn into prime acquisition targets for established providers looking to leapfrog competitors.

BBC News | 3.7.17


New travel expenses app TravelBank helps workers book trips and file claims more efficiently, and allows employers to offer incentives for coming in under budget. TravelBank chief executive Duke Chung says: "Many companies are still using clunky expense reporting methods that don't hold employees to a budget or allow them to forecast spend accurately.

Business Travel News | 2.13.17


Expense management provider TravelBank has partnered with ground transport firms Cots Group, Lyft, and Uber and vacation rental company RedAwning to offer user incentives. TravelBank—which launched in October and claims about 500 corporate clients—goes beyond traditional expense management to provide trip estimates that that travelers can aim to beat. When they spend less than the estimate, they earn points.

CreditDonkey | 1.10.17


Two of the happiest words an employee can hear is when their boss says, "Expense account." Whether that means traveling for business, attending a conference or networking over food and drinks, many employees hear those words as a license to spend.

TechCrunch | 12.17.16


According to a 2014 study by Google, 74 percent of leisure travelers relied on the internet for travel planning. That’s not surprising; it’s generally understood that most consumers make travel plans online. But that same study found that 77 percent of business travelers also started their journey online.

Accounting Today | 11.21.16


A new expense account app will pay your people for underspending. It’s from TravelBank, and it claims it can predict what an employee should be spending on a business trip, help with the accounting and then give cash rewards if they come under budget.

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