Concurrence

Steve Singh and Renowned Group of Investors Acquire Leading Travel Management Company, Direct Travel

Retrieved on: 
Tuesday, April 2, 2024

DENVER, April 2, 2024 /PRNewswire/ -- Direct Travel, Inc., a market leader in corporate travel management, today announced its acquisition by Steve Singh, prominent venture capitalist and founder of the world's largest travel and expense management company, Concur, joined by leading growth investors including Durable Capital Partners, Madrona Ventures, Top Tier Capital Partners, and Blackstone Credit & Insurance. Singh will serve as Executive Chairman of Direct Travel, and Christal Bemont will assume the role of CEO.

Key Points: 
  • Singh will serve as Executive Chairman of Direct Travel, and Christal Bemont will assume the role of CEO.
  • Consistently ranked on Travel Weekly's annual Power List, Direct Travel is one of the world's largest travel management companies, serving over 4,500 mid-market and enterprise clients.
  • Direct Travel has built a reputation as a world class travel management company that delivers an unparalleled client experience.
  • We are delighted to invest in and partner deeply with what we believe will be the market leading travel management company," said Steve Singh, Executive Chairman, Direct Travel.

TAL Services Digital Transformation Strategies Report 2023: Analysis of Accelerators, Incubators, and Other Innovation Programs

Retrieved on: 
Thursday, January 11, 2024

DUBLIN, Jan. 11, 2024 /PRNewswire/ -- The "TAL Services - Digital Transformation Strategies" company profile has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 11, 2024 /PRNewswire/ -- The "TAL Services - Digital Transformation Strategies" company profile has been added to ResearchAndMarkets.com's offering.
  • This report provides insight into TAL's tech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, its estimated ICT budget, and its major ICT contracts.
  • TAL Services (TAL) a subsidiary of Dai-ichi Life Holdings, is a life insurance specialist.
  • TAL leverages huge amounts of data in its risk analysis to cater to the unique needs of each fund's membership profile.

Extend Announces Virtual-Card-As-A-Service Integration with Concur Invoice

Retrieved on: 
Tuesday, December 5, 2023

Extend , a leading virtual card and spend management platform, today announced it has embedded its virtual card functionality into Concur Invoice.

Key Points: 
  • Extend , a leading virtual card and spend management platform, today announced it has embedded its virtual card functionality into Concur Invoice.
  • This is the first fully embedded virtual card experience that keeps customers immersed in Concur Invoice from registration through payment.
  • It also represents the first time SAP Concur customers can register for virtual card services within Concur Invoice while keeping their existing corporate or purchasing card.
  • Leveraging Extend’s virtual-card-as-a-service capabilities, Concur Invoice automatically generates a virtual card linked to the user’s registered Corporate Card, complete with a distinct 16-digit number, spend limit, validity date, and invoice number corresponding to the invoice.

CANAL INSURANCE COMPANY APPOINTS NANCY LYONS CALLAHAN TO BOARD OF DIRECTORS

Retrieved on: 
Thursday, November 9, 2023

GREENVILLE, S.C., Nov. 9, 2023 /PRNewswire/ -- Canal Insurance Company is pleased to announce that Nancy Lyons Callahan will join the company's Board of Directors, effective January 1, 2024.

Key Points: 
  • GREENVILLE, S.C., Nov. 9, 2023 /PRNewswire/ -- Canal Insurance Company is pleased to announce that Nancy Lyons Callahan will join the company's Board of Directors, effective January 1, 2024.
  • Ms. Callahan is a global strategy and technology executive with more than 25 years of experience in the insurance, financial services and technology sectors.
  • Ms. Callahan also serves on the board of Midwest Holding, a life and annuities company, where she chairs the Nominating and Governance Committee.
  • "Canal Insurance Company is extremely pleased to have Nancy Callahan join our Board of Directors.

Madrona Venture Labs Raises $11 Million to Power The Next Wave of AI Founders

Retrieved on: 
Wednesday, June 21, 2023

Madrona Venture Labs (MVL) , a Seattle-based startup studio, today announces $11 million for its fifth fund.

Key Points: 
  • Madrona Venture Labs (MVL) , a Seattle-based startup studio, today announces $11 million for its fifth fund.
  • Madrona led the financing round and was joined by a group of successful founders and operators.
  • "MVL is the 'day one' in Madrona's continuum of supporting founders over the long run of their startup journey," said Hope Cochran, Managing Director of Madrona.
  • "Founders building a company with MVL get the full support of the Madrona team and the experienced builders joining their fund."

MoveEV Launches ReimburseEV™, an Innovative and Seamless Solution for Reimbursing Employees for Charging Electric Fleet Vehicles at Home

Retrieved on: 
Tuesday, May 9, 2023

This innovative solution has been designed to make reimbursing for charging at home simple and hassle-free for employees and their employers.

Key Points: 
  • This innovative solution has been designed to make reimbursing for charging at home simple and hassle-free for employees and their employers.
  • The popularity of electric vehicles (EVs) is on the rise as they are better for the planet, require less maintenance, and cost less to drive.
  • While a company fuel card allows EV drivers to refuel on the go, MoveEV saw a need for a new solution to reimburse employees for the real costs of charging their fleet vehicle while at home.
  • “Any organization that wants fleet drivers to be driving electric vehicles should be compensating them for charging at home as part of the program.

Groupize Launches HCP Digital Sign-In Solution, Expanding its Total Meetings Management Platform

Retrieved on: 
Wednesday, May 3, 2023

BOSTON, May 3, 2023 /PRNewswire-PRWeb/ -- Groupize, the Total Meeting Management platform, today launched 'HCP Digital Sign-In,' its newest module designed to complement their Speaker Bureau Travel and Meetings Management solutions for the Life Sciences industry. With this expansion, Pharmaceutical and Medical Device field representatives can seamlessly maintain compliance with US Federal Open Payments (Sunshine Act) while engaging with Healthcare Professionals (HCPs). This includes a wide range of event types, such as office visits, speaker bureaus, dinner meetings and clinical trials.

Key Points: 
  • This includes a wide range of event types, such as office visits, speaker bureaus, dinner meetings and clinical trials.
  • Coupled with its SAP Concur Expense import feature, HCP Digital Sign-In streamlines the expense management process and reduces errors and time-consuming manual tasks.
  • "We see this as a valuable addition to our comprehensive event platform," said Charles de Gaspe Beaubien, CCO at Groupize.
  • "The HCP Digital Sign-In is the perfect complement to the comprehensive Groupize Event Platform," said Ron Strauss, Vice President Compliance at MiMedx.

Motive Bolsters Its Executive Team with the Addition of Chief Human Resource Officer and First Chief Marketing Officer

Retrieved on: 
Thursday, March 23, 2023

Motive, the leading Automated Operations Platform for the physical economy, today announced the expansion of its executive team, with the addition of Carolyn Patterson as the company’s Chief Human Resource Officer and Robson Grieve as its first Chief Marketing Officer.

Key Points: 
  • Motive, the leading Automated Operations Platform for the physical economy, today announced the expansion of its executive team, with the addition of Carolyn Patterson as the company’s Chief Human Resource Officer and Robson Grieve as its first Chief Marketing Officer.
  • Patterson comes to Motive from SeatGeek where she was the Chief People Officer and built and scaled the HR team in preparation for its public offering.
  • “Motive has created incredible value for its customers, but what really sets the company apart is its people,” said Carolyn Patterson, Chief Human Resource Officer at Motive.
  • “The team that started Motive and that is building the company today has an authentic customer orientation,” said Robson Grieve, Chief Marketing Officer at Motive.

Electrolux Group has received a Statement of Objections from the French Competition Authority

Retrieved on: 
Wednesday, February 22, 2023

A Statement of Objections is a formal step in an investigation whereby the investigation services of the French Competition Authority (Autorité de la Concurrence) inform the concerned parties of its preliminary findings (before the case is presented to the judging panel of the French Competition Authority).

Key Points: 
  • A Statement of Objections is a formal step in an investigation whereby the investigation services of the French Competition Authority (Autorité de la Concurrence) inform the concerned parties of its preliminary findings (before the case is presented to the judging panel of the French Competition Authority).
  • The Statement of Objections does not prejudge the final outcome of the case.
  • As previously disclosed in press releases and annual reports, the company became in 2013 the subject of an investigation by the French Competition Authority regarding possible violations of antitrust rules.
  • In the French Competition Authority's Statement of Objections it is alleged that various parties within the home appliance sector have breached the antitrust rules.

Electrolux Group has received a Statement of Objections from the French Competition Authority

Retrieved on: 
Wednesday, February 22, 2023

A Statement of Objections is a formal step in an investigation whereby the investigation services of the French Competition Authority (Autorité de la Concurrence) inform the concerned parties of its preliminary findings (before the case is presented to the judging panel of the French Competition Authority).

Key Points: 
  • A Statement of Objections is a formal step in an investigation whereby the investigation services of the French Competition Authority (Autorité de la Concurrence) inform the concerned parties of its preliminary findings (before the case is presented to the judging panel of the French Competition Authority).
  • The Statement of Objections does not prejudge the final outcome of the case.
  • As previously disclosed in press releases and annual reports, the company became in 2013 the subject of an investigation by the French Competition Authority regarding possible violations of antitrust rules.
  • In the French Competition Authority's Statement of Objections it is alleged that various parties within the home appliance sector have breached the antitrust rules.