WEX Inc., a global leader in intelligent payment solutions, has entered a new partnership with fintech platform Extend. The partnership enables WEX corporate card customers to generate and settle vendor payments using virtual cards directly inside Concur Invoice, fully automating the process without requiring users to leave the SAP Concur platform.The integration specifically targets the traditionally manual, check-driven Accounts Payable (AP) process by transforming it into a fully integrated, card-based w ...

The proxy battle at payments company and fuel card provider WEX is over, with the company bringing on board members backed by investor activist Impactive Capital. CEO Melissa Smith will stay in her role, according to a statement released by WEX (NYSE: WEX). But she will no longer be board chair. Smith also will stay on the board and also continue to be president. While Impactful pushed for the addition of outside directors and a change in the role of chair, it did not specifically call for Smith to be o ...