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WEX Inc. Ranks 19th on 2015 InformationWeek Elite 100
WEX’s Mobile Payments Technology Receives Business Innovation Award
Additionally, WEX’s Mobile Payment Gateway Enabler received InformationWeek’s 2015 Business Innovation award in the technology-enabled new product category. WEX developed this solution to solve the complicated and costly challenge that fleet managers face when adapting fleet credit cards to a mobile wallet. With a fleet card, there are multiple drivers using one card because the card is effectively tied to a vehicle, rather than an individual – and there could be thousands of vehicles. The individual users, each with their own mobile wallet, wouldn’t be able to register so many cards and/or know which one to use for any given transaction. Therefore, WEX’s Mobile Payment Gateway Enabler solution issues a virtual token that can be used like a WEX fuel card on a mobile device. The transaction is secure and seamless, as WEX determines the appropriate card to utilize for the transaction and vehicle.
“We believe strongly in the power of technology in the payments industry, and we focus on solving the right challenge for our customers,” said Crowley. “The WEX Mobile Payment Gateway Enabler Solution is an example of how we balance the technology opportunity with the need to provide our customers with better controls and data to make smart business decisions.”
"Gone are the days IT could run as an entity unto itself. If IT isn't
part of product development, or marketing, or customer service, your
company risks falling behind in the era of digital business,” said
This is InformationWeek’s 27th year identifying and honoring the nation's most innovative users of information technology and the fifth consecutive year WEX has made the list. The InformationWeek Elite 100 research tracks the technology-based investments, strategies, and results of some of the best-known organizations in the country. Unique among corporate rankings, the InformationWeek Elite 100 spotlights the power of business technology innovation. Additional details are available online at http://www.informationweek.com/elite100.
For more than 30 years, InformationWeek has provided millions of IT executives worldwide with the insight and perspective they need to leverage the business value of technology. InformationWeek provides CIOs and IT executives with commentary, analysis and research through its thriving online community, digital issues, webcasts, proprietary research and live, in-person events. InformationWeek’s award-winning editorial coverage can be found at www.informationweek.com. InformationWeek is produced by UBM Tech.
News media contact:
Jessica Roy, 207-523-6763