In the final part of this interview we gain an insight into the trends being seen in the virtual space which is offering benfits in areas such as audit control and cost control. Moreover, the ever-present topic of mobile is discussed with examples currently being used and in the pipeline with Corporate Pay’s currency products.
“We have an app called Octane in the US today which gives fuel pricing indications and comparisons in the area. This is being replicated in Australia as well. There’s a lot going on in the space and it’s very dynamic.” Said David Maxsmic.
Barclays has signed contracts with six of the fintech startups that just graduated from its second New York accelerator programme.
Company card killer Pleo has raised $3m in new funding as it prepares for public launch in the UK and Denmark.
Cheques are become less and less common in the UK according to new research from global market research firm Mintel which claims contactless card use has overtaken cheque payments in the UK for the first time.
Payments for digital and physical goods made mobile operating system-based payments platforms like Apple Pay and Android Pay are expected to boom in the next few years according to new analysis from Juniper.