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But many consumers see no difference between the commercial card products and the ones consumers use.
Mrs. Brewer, 36, is a director of marketing in the commercial card group at American Express in New York.
Mr. Smith, 48, has spent his entire career, more than 25 years, at American Express, including the last two as head of the global commercial card group.
In another move, American Express is buying G.E.'s commercial card and corporate purchasing business unit for $1.1 billion in cash.
The volume of travel and entertainment charges has increased by 20 to 30 percent from the fourth quarter of 2009, when recession-related declines first began to reverse, according to Kevin Phalen, a commercial card executive at Bank of America Merrill Lynch.
The Global Transaction Services division provides cash and liquidity management, trade finance and commercial card products and services.
Similar(47)
(Many commercial cards from MasterCard and others already work like this).
Twitter also offers commercial cards, such as these for lead generation.
Much of Visa's growth in recent years is owed to smart bets Pascarella made on debit cards and commercial cards.
Much of Visa's growth in recent years is owed to smart bets that Pascarella made on debit cards and commercial cards.
The Commercial Banking product offerings include the provision of receivables financing services, payments and cash management, international trade finance, treasury and capital markets, commercial cards, insurance, cash and derivatives in foreign exchange rates, online and direct banking offerings.
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