WEX

Technology

WEX | April 27, 2022

WEX, the global commerce platform that simplifies the business of running a business, announced the launch today of Flume, a digital payment platform designed to enable fast, transparent payments for small and medium businesses (SMBs). The brainchild of the company’s incubator WEX Ventures, Flume is a unique digital wallet specifically designed to support the 30 million U.S. businesses currently relying primarily on slow, analog payment methods. Unlike most payment platforms focused on dig...

TECHNOLOGY, BUSINESS STRATEGY

WEX | August 01, 2022

WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, is announcing today that it has plans to acquire the Exxon Mobil Business Card program. The acquisition will be contingent upon certain conditions and subject to closing. Upon completion of the acquisition, all of ExxonMobil’s commercial card portfolio will be consolidated and administered by WEX. “The ExxonMobil Team at WEX is very excited by the prospect of...

Sentinelandenterprise.com | January 13, 2020

Bay Colony Development Corp., a Waltham-based company, presented a $10,000 check to NewVue Communities on Thursday to boost the organization’s efforts to support local small businesses, said Executive Director Marc Dohan. Dohan said the money will support the NewVue Communities Small Business Technical Assistance Program, which aims to help businesses in the region. “This funding will help NewVue assist more small businesses in the area and allow us to reach out to different types of...

Business Wire | January 14, 2020

Today, Alibaba.com, the B2B business unit of Alibaba Group (NYSE: BABA), shared the results of its brand new “Alibaba.com U.S. Small and Medium Business (SMB) Confidence Survey” and introduced “B2B Tuesday,” a major new awareness initiative to spotlight, celebrate and support B2B-focused U.S. SMBs, highlight their contributions to the U.S. economy and help them capture the global ecommerce opportunity. B2B Tuesday will be celebrated every Tuesday by Alibaba.com and other ...