Tagged: spending

Accenture, Apptio Partner with PPL to Leverage Technology Spending Insights

Accenture (NYSE: ACN) and Apptio are working cooperatively with PPL Corporation, a U.S. energy firm offering electricity and natural gas to more than 3.6 million customers in the U.S., in order to transform how the company prioritizes and manages technology spending—all in support of “delivering… Read More

Interest Rate Cuts in Australia May Have Less Impact on Spending than Expected, Report Claims

Changes to interest rates may potentially have less of an impact on household spending than previously thought or forecasted, according to an update from Australia’s Commbank, which also noted that this means the reserve bank might have to lift or cut rates by more in… Read More

Business Decisions and Company Spending Being Influenced by AI Adoption : Research

Every business-related decision is ultimately a spend decision, according to an update from Zip. If we look more closely at spend, then we can get a snapshot of what matters most: the priorities, risks, as well as strategies that could shape the future. Zip’s ‘State… Read More

Fintech Brex Now a Global Issuer Enabling B2B Payments in Oracle Fusion Cloud ERP

Brex, a self-described intelligent finance platform, has announced that it is collaborating with Oracle, becoming the fintech issuer that has been embedded within Oracle Fusion Cloud Enterprise Resource Planning (ERP). Leveraging Oracle’s integration with Mastercard, Brex will now enable Oracle’s global, embedded B2B payments solution… Read More

Fintech Ramp Aims to Challenge Incumbents in Corporate Card Market

A recent report highlights fintech startup Ramp‘s seemingly aggressive push to disrupt American Express‘ current dominance in the $2 trillion U.S. corporate and small-business credit card sector. Founded in 2019 by Eric Glyman and Karim Atiyeh, Fintech firm Ramp has scaled to $1 billion in… Read More

Fintech Brex Teams Up with DoorDash for Business to Deliver DashPass to Corporate Cardholders

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Brex, the self-described intelligent finance platform, announced a partnership with DoorDash for Business, which is described as DoorDash’s solution for workplace meals and employee perks, in order to “provide DashPass membership to US-based Brex cardholder.” Through this colla, employers who offer Brex cards “to their… Read More

Commonwealth Bank of Australia (CBA) Continues to Support Investors, Digital Technology Advancements

The Commonwealth Bank of Australia (CBA) has recently announced significant updates that underscore its role in financial markets, investment accessibility, and economic analysis. From marking 30 years of transforming the investment landscape with CommSec to collaborating on a digital currency project with the Reserve Bank… Read More

Streamlining Corporate Spend and Expense Management : Payhawk Targets Operations for Corporations

In today’s fast-paced global economy, businesses face mounting pressure to streamline operations, enhance efficiency, and maintain tight control over finances. Payhawk, a spend management platform, is focused on this transformation, offering innovative solutions that empower companies to manage corporate spending effectively. Recent insights from Payhawk’s blog highlight… Read More

UAE Digital Spending Surge Expected in Coming Months : Checkout.com

As the UAE gears up for another season of Dubai Summer Surprises (DSS), new data from Checkout.com reveals a sharp increase in digital spending during last year’s campaign, with signals pointing to even greater momentum this summer. The number of daily digital transactions in the… Read More

Fintech Brex and Zip to Transform Modern Enterprise Finance Stack

Brex and Zip, a “procurement orchestration platform,” have announced Brex for Zip – a solution that integrates Brex’s global card capabilities directly into Zip’s procurement workflows. This partnership delivers end-to-end spend orchestration that “eliminates the traditional disconnect between procurement requests and payment execution.” This enables enterprises… Read More

CIBC Adapta Mastercard Introduced in Canada, Credit Card Adapts to Consumer Spending Behavior

CIBC announced its “no annual fee” CIBC Adapta Mastercard, which is reportedly the first credit card in Canada that automatically “determines the cardholder’s top three spend categories each month based on where they spend the most, and rewards them with 50% more points on those… Read More

Fintech Ramp Eyes Federal Contracts Amid Trump Administration Push for Government Efficiency

Just a few days prior to US President Donald Trump’s second inauguration, financial technology firm Ramp had released a detailed blog post titled “The Efficiency Formula,” outlining strategies to curb wasteful government spending. The 4,000-word blog post, authored by Ramp’s CEO and a key investor,… Read More

UK Fintech Wise Introduces ‘Spend With Others’ Feature for Spending with Friends and Family Members

UK Fintech Wise (LON: WISE), the global technology company building (what it claims to be) the best way to move and manage the world’s money, recently unveiled the launch of ‘Spend with Others’, a feature that has reportedly been designed to simplify shared spending for… Read More

Australia’s CommBank Household Spending Insights Index Rose 0.9% in March 2025 – Report

The CommBank Household Spending Insights (HSI) Index rose 0.9 per cent in March, buoyed by a lift in recreation and hospitality spending off the back of Melbourne Grand Prix and the return of the winter football codes. Modest gains were seen across all 12 spending… Read More

UK Finance Shares Update on Household Spending, Savings, Borrowing

UK Finance has released its latest Household Finance Review for Q4 2024, which explores trends in household spending, saving, and borrowing. UK Finance noted in the update that the mortgage market strengthened in Q4 2024, with both first-time buyers and home mover numbers “up by… Read More

Fintech Ramp Launches Treasury Product for Cash Management that Enhances Business Operations

Financial operations platform Ramp introduced Ramp Treasury, which is described as a new solution that radically improves how most businesses store and manage their operating cash. With Ramp Treasury, businesses can store cash in a business account that earns “2.5% or in an investment account… Read More

Australian Consumers Remain Cautious, Household Spending Declines in December – Report

The CommBank Household Spending Insights (HSI) Index fell by 1.8 per cent in December 2024 after a “strong” Black Friday sales spending boost in November of last year. As noted in the latest report from Australia‘s CommBank, the fall was driven by an “8.3 percent… Read More

US Retail Spending Increases Nearly 5% YoY During Holiday Season – Visa Report

Visa (NYSE: V), a global enabler of digital payments, announced its first Retail Spend Monitor from Visa Consulting & Analytics (VCA). This year, Visa’s preliminary insights indicate that the “overall holiday retail spend in the U.S. increased 4.8% year over year.” This is across all forms… Read More

US Consumer Spending Report: Retail Sales Increased Nearly 4% YoY

According to preliminary insights from Mastercard (NYSE: MA)  SpendingPulse, U.S. retail sales excluding automotive increased 3.8% YoY from Nov 1 through Dec 24. Mastercard SpendingPulse reportedly measures in-store and online retail sales, representing “all payment types and is not adjusted for inflation.” Michelle Meyer, chief… Read More

Consumer Spending in Ireland on the Rise Due to Relatively Low Inflation – Report

Bank of Ireland clients reportedly spent more in 2024 on Black Friday to Cyber Monday weekend, up a substantial 4.7% on the past year, while spending by Bank of Ireland customers for the month of November 2024 was up as well by a significant 5.6%… Read More

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