Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 33 n° 244

Posts Tagged ‘wex’

WEX Establishes Netherlands EMI

Posted by fidest press agency su venerdì, 22 novembre 2019

WEX (NYSE:WEX), a leading financial technology service provider, announced today that it obtained a second EMI licence in Europe to support its growth across the continent.In addition to its existing UK-based EMI, WEX, has obtained an EMI licence in the Netherlands which enables WEX to provide services as a payment institution to WEX’s European customers from the Netherlands.This move underpins WEX’s European growth strategy. The company will serve customers across EU and non-EU countries from both their UK and Netherlands offices.“It’s an extremely exciting time at WEX, as we have our eyes firmly set on reaching out further into Europe,” announced Anant Patel, Vice President for WEX’s Corporate Payments and Travel business across EMEA and APAC. “We are thrilled to announce that our growth strategy is now supported by our new Netherlands-based EMI. It strengthens our commitment to working across Europe and enables us to continue delivering a seamless international payments experience.”

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WEX to Present at the Citi 2019 Financial Technology Conference

Posted by fidest press agency su venerdì, 8 novembre 2019

New York City on Wednesday, November 13, 2019 at approximately 9:20 AM EST (6:20 AM PT) WEX Inc. (NYSE:WEX), a leading financial technology service provider, announced today that its Chief Financial Officer, Roberto Simon, and Senior Vice President of Investor Relations, Steve Elder, will present at the Citi 2019 Financial Technology Conference.
Powered by the belief that complex payment systems can be made simple, WEX (NYSE: WEX) is a leading financial technology service provider across a wide spectrum of sectors, including fleet, travel and healthcare. WEX operates in more than 10 countries and in more than 20 currencies through more than 4,900 associates around the world. WEX fleet cards offer 14 million vehicles exceptional payment security and control; purchase volume in its travel and corporate solutions grew to approximately $34.7 billion in 2018; and the WEX Health financial technology platform helps 343,000 employers and more than 28 million consumers better manage healthcare expenses. For more information, visit

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WEX and Jean Chatzky Lead National Initiative to Help Americans Tackle the Rising Cost of Healthcare

Posted by fidest press agency su giovedì, 10 ottobre 2019

WEX (NYSE: WEX), a leading financial technology service provider, today announced its Health division will host a free live-streamed panel discussion aimed at educating Americans on the uses, benefits and tax advantages of health savings accounts (HSAs). The discussion will take place at 3 p.m. ET on National Health Savings Account Awareness Day (HSA Day), Tuesday, October 15. Jean Chatzky, renowned financial expert and 2019 HSA Day education ambassador, will moderate the panel.The HSA Day live-streamed panel discussion will take an in-depth look at how HSAs can be used for everyday healthcare expenses such as doctor visits, co-pays, prescriptions and even orthodontia, as well as a long-term retirement plan and safety net. A wide spectrum of HSA participants will comprise the panel along with Chatzky, who will serve as an expert source of advice and best practices. WEX and Chatzky look forward to hosting thousands of viewers for this inaugural livestream event, as WEX’s national partners, including providers, employers, financial institutions, fintechs and more, will livestream the panel discussion to their audiences. All are also invited to participate in a Twitter chat on October 14 at 1:00 pm EDT focused on debunking myths and misconceptions about HSAs. You may join in the Twitter conversation using #LoveMyHSA.WEX announced the launch of its new HSA awareness initiative earlier this year, following the release of its annual consumer research report, “Paying for Healthcare in America: Challenges, Missed Opportunities & What We Can Do.” According to recent research from Aite Group, three quarters of Americans who are offered an HSA do not enroll and take advantage of the opportunity to save substantially on healthcare costs and taxes. One of the primary reasons for this is due to healthcare benefits jargon being complex and confusing. HSA Day aims to bring clarity, understanding and a human element to the conversation on healthcare benefits.

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WEX Health Strengthens Position as an Industry Leader

Posted by fidest press agency su mercoledì, 28 febbraio 2018

WEX Health, a WEX Company and an award-winning healthcare financial technology platform provider, further solidified its leadership position in 2017 in terms of growth and services:WEX Health Cloud processed more than 350 million transactions, all with an uptime of 99.99 percent over the past five years.Product releases delivered more than 350 key enhancements, extending WEX Health’s unique leadership position.Our Partner ecosystem connects us to more than 300,000 employers, ultimately helping us serve more than 25 million consumers across the United States and Canada.
WEX Health continues building key relationships with industry-leading third-party administrators, health plans, financial institutions, exchange partners, payroll providers and multiple Taft-Hartley union and labor funds. In 2017, growth was driven by the addition and/or renewal of numerous notable partners including American Benefit Administrators, ASI Flex, Benefitfocus, Compusys/Erisa Group, Kaiser Permanente, PIOPAC, and Tri-Star Systems. Additionally, we added several notable COBRA and advanced billing partners.
Growth continues across all categories of employers choosing WEX Health Cloud as their technology platform for administering healthcare benefit accounts. Among Fortune 1000 companies, forty-four percent (44%) are on the WEX Health Cloud platform.
WEX Health remains a leader in the HSA market with nine of the top 20 HSA providers powered by WEX Health, and more HSAs utilizing WEX Health technology than any other. Additionally, HSA Bank, a WEX Health Partner, grew beyond 2.4 million accountholders in 2017.
WEX Health executives shared thought leadership, insight, and expertise by speaking at industry conferences and by being featured in industry trade and national media, including: Barron’s, Employee Benefit News, HR Technologist, BenefitsPro, SHRM and Health Leaders Media. WEX Health’s announcements and press releases were featured in national and regional outlets, such as the Miami Herald, Pittsburgh Post Gazette, International Business Times, and the Star Tribune.
We continue to receive industry awards and accolades, including being named a Paybefore 2017 Pay Awards Winner in the Health Care Payments Innovation category and a “Best of 2017” award winner in MobileVillage’s Mobile Star awards. Additionally, Jeff Young, president of WEX Health, was named a Technology Innovator Award winner by Employee Benefit News and Employee Benefit Adviser, and Jeff Bakke, chief strategy officer of WEX Health, was named a 2017 Eureka! Innovation award winner by the Minneapolis/St. Paul Business Journal.
“Our growth and achievements reflect the ongoing need for innovative technology and integrated solutions that help organizations streamline administrative and regulatory changes,” said Young. “At WEX Health, we remain committed to investing in technology and investing in our partners to help them grow and succeed. Our tremendous success is a result of our partners’ hard work, dedication, and determination to simplify the business of healthcare.”

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