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Lcnn Citi Joins JP Morgan, S  038;P Global in Illuminate Financial VC Venture
The corporate card industry continues to dig its heels into adoption efforts with the launch of new products and features designed to elevate the value of the card beyond a mere means of payment. This week   look at commercial card innovation finds in stanley italy dustry players embracing collaboration to streamline accounting, widen acceptance, and connect business card holders to a range of third-party services.Employees Lack Access To Corporate CardsA new survey from B2B FinTech Center has revealed that employees often have to front the bill for their employers when making business purchases. In its Business Spender Sentiment Survey, Center polled more than 500 professionals and found more than 70 percent of them reveal havi stanley cup ng to use their personal credit cards for work expenses. In a statement, Center CEO and Co-Founder Naveen Singh said that, despite CFOs ; and other finance leaders ; assumptions that employees like to use their personal cards to take advantage of rewards programs, the survey revealed that many professionals are in fact burdened by this expense strategy. While 80 percent agreed that it is beneficial to use personal cards for work expenses, only 52 percent said it is reasonable for employers to ask employees to use their personal cards and wait for reimbursement.WEX Links MYOB Users To Card PaymentsBusiness users of accounting platform MYOB in Austra stanley germany lia will now have integrated access to commercial card services from WEX, the companies revealed in an an Krsk Ransomware Creators Call It Quits
Next year could be very promising for the growing Internet of Things  IoT  market.Information technology research and advisory company Gartner forecast that nearly 6.4 billion connected things will be in use by 20 stanley mugs 16, which is a 30 percent hike from the number being used this year.The firms latest research also found that next year 5.5 million new IoT devices will be connected each day.IoT services are the real driver of value in IoT, and increasing attention is being focused on new services by end-user  stanley us organizations and vendors, Jim Tully, vice president and analyst at Gartner, said in a press release.Aside from connected cars, consumer uses will continue to account for the greatest number of connected things, while enterprise will account for the largest spending, he added.Gartner estimates the IoT market will support $235 billion worth of total services spending in 2016, a 22 percent increase from 2015. While these services will be dominated by professional spending, Gartner confirmed that connectivity services and consumer services are expected to grow at a faster pace.Connected things for specialized use are currently the largest category, however, this is q stanley kaufen uickly changing with the increased use of generic devices. By 2020, cross-industry devices will dominate the number of connected things used in the enterprise, Tully confirmed.To check out what else is HOT in the world of payments, click here.