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First all-in-one global system integrates card, expense management, and travel in one app, automating receipt collection and approvals, eliminating expense reports
SAN FRANCISCO, March 22, 2023 /PRNewswire/ -- Brex today announced Brex travel, a premium travel management experience that delivers comprehensive booking and management capabilities, all in the Brex dashboard and mobile app, with unbiased global inventory, self-service trip changes, and 24/7 agent support. Budget for travel with Brex Empower. With the addition of travel, Brex is extending Empower to provide the first, all-in-one global system that integrates card, expense management and travel in one app. Brex has partnered with Spotnana, to build its travel capabilities from the ground up on top of Spotnana's modern, cloud-based Travel-as-a-Service platform. Empower was designed to address the needs of companies as they grow, from startups through enterprise-level companies. With business travel picking up, modern companies need an effective solution to manage global travel end-to-end. Brex delivers an integrated experience providing employees with a self-serve solution to book and manage trips. Automated receipt capture and approvals drive higher compliance and real-time visibility for finance teams. Live budgets allow them to proactively provision and track spend in real time to keep everyone accountable, within policy and on budget. Manage travel budgets in one place. With Brex Empower's integrated card, spend and travel management system, finance teams can create budgets and policies to manage travel across the entire company. Brex travel enables finance teams to roll out customized travel budgets across an organization, enabling individuals and teams to book travel compliant with spend policies. When all trip expenses are managed in the same budget, there is real-time visibility into how spend is trending, giving leaders the ability to manage travel spend proactively, putting travel dollars to where they have the most impact. Employee experience drives compliance. Brex travel delivers a consumer-grade booking experience, with an unbiased global inventory that provides employees with the most comprehensive choices and gives companies access to preferred rates. This reduces the need to book travel outside of the system, increasing adoption and improving policy compliance. With automatic approval of expenses that are in policy, managers can focus only on the exceptions while employees book their flights, swipe their card at restaurants, and check out from the hotel. And, a modern UI and easy-to-use mobile app increases employee adoption, helping keep travel in policy and in budget. "Most employees find it hard to comply because they don't know what the policy is, and it takes a lot of effort to collect receipts and memos for every purchase," said Henrique Dubugras, co-Founder and co-CEO of Brex. "With Brex travel, you can easily see the right policy on the mobile app at the time of booking, and we automate receipt collection, memos and approvals on trips." "Our previous solution was clunky and slow. Brex's easy-to-use platform takes the hassle out of booking business travel with built-in controls to ensure total compliance. The difference has been night-and-day." – Jeff Cullinane, Vice President of Strategy, Integration, & PMO at Satellite Healthcare
A global travel platform. As a truly global solution, employees can book travel to anywhere in the world and access 24/7 customer support wherever they are. Brex's travel inventory is unbiased and not impacted by commissions, a common practice in the business travel industry. Brex travel increases trust and adoption by providing the most comprehensive inventory and range of choices to a business traveler — including global distribution system (GDS) fares, direct API integrations with airlines, basic economy seats, local and low-cost airlines (often left out of most travel systems), as well as hotels and car rentals in all major countries. "Brex is an innovator that shares our passion for delivering superior customer experiences," said Sarosh Waghmar, Founder and CEO of Spotnana. "We are excited to partner with Brex and provide the core travel infrastructure that enables them to expand the Empower platform and create an end-to-end travel and expense solution." Brex travel builds on the momentum of the Empower platform. Since launching in 2022, Empower has experienced rapid growth, onboarding hundreds of thousands of employees globally and adding hundreds of new capabilities and integrations. Empower is supported in more than 100 countries and used by companies like DoorDash, Coinbase, Indeed, Superhuman, SeatGeek, Built Technologies, and Scale AI to manage their global spend on one platform. Travel customers on Empower include GoGuardian, Miso Robotics, FMX, Satellite Healthcare, and more. About Brex
Brex is the first fully unified global spend platform — with corporate cards, expense management, reimbursements, bill pay, and travel, all in one place. Brex makes it easy for finance teams and founders to manage every aspect of global spend at scale by empowering their employees anywhere to make better financial decisions. Brex proudly serves tens of thousands of businesses, from enterprises to startups. About Spotnana
Spotnana powers unparalleled global travel experiences. We are modernizing the infrastructure of the travel industry in order to bring freedom, simplicity, and trust to travelers everywhere. Our Travel-as-a-Service Platform makes travel simpler and more affordable for corporations, while enabling our ecosystem of agency, supplier, and technology provider partners to increase operational efficiency, unlock new revenue sources, and accelerate innovation. For more information, visit www.spotnana.com . SOURCE Brex

09:00 EDT
Brex Launches Integrated Travel Solution

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Wealth management business is part of evolution to deliver integrated advisory1, planning, and investment services across people’s full financial lives
As the nation’s second largest retirement provider, Empower brings a leading digital-first planning experience that combines proprietary financial technology with human advice1
Seasoned Empower executive Carol Waddell named president of Empower Personal Wealth business
GREENWOOD VILLAGE, Colo. — Empower, a titan of the retirement planning industry, has announced its ambitious expansion in consumer wealth management with the launch of its Personal Wealth division to make money management simpler, clearer, and more accessible. We apologize, but this video has failed to load. Try refreshing your browser, or
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With $1.3T in defined contribution assets under administration2, the strategic move is the next step in the company’s evolution following its acquisition of pioneering digital wealth manager Personal Capital in 2020. A challenger brand focused on improving how people plan, save and invest, Empower rapidly scaled to serve over 17 million Americans through the combination of Great-West Financial, J.P. Morgan Retirement Plan Services, Putnam Investments, and purchases of the MassMutual and Prudential Financial retirement businesses.2 A financial solutions provider, Empower continues to expand its offerings to meet the needs of individuals and employers, and through partnerships with independent financial advisors. Answering the call: modernizing wealth management
Managing money is a fragmented experience for many Americans, whose finances are typically spread across many different institutions, and 54%3 say they wish they’d gotten financial advice sooner. Empower’s technology and comprehensive financial dashboard creates clarity and confidence, bringing together everything people have and owe – from credit cards and cash, to loans, investments, and retirement accounts – with the power of human advice. With its deep understanding of retirement savings, Empower identified a need to harmonize people’s long-term savings with all aspects of their wealth planning: among Empower plan participants, those who integrate their accounts on its financial dashboard have a retirement savings rate nearly double those who don’t.4
Additionally, its Personal Strategy+ offering delivers a breakthrough solution for monitoring and rebalancing accounts held at other institutions, such as 401(k)s, for a truly seamless approach to managing wealth across all the places clients have and wish to keep their money. Its product lineup also includes Empower Personal Cash™, a high-yield cash account and joint account option to simplify family finances and budgeting.5
Edmund Murphy III, president and CEO of Empower says: “Personalized, comprehensive, and intuitive digital experiences are creating explosive progress in the way Americans can plan and manage their money. We’re magnifying the power of tech-driven advisory combined with real-live, objective advice to fundamentally change the game for the better.”
According to Empower research, only 57% 6 of Americans have some form of retirement savings. Carol Waddell, president of Empower Personal Wealth says: “Saving for retirement is the bedrock to a secure financial future, but we won’t stop there. Empower Personal Wealth represents the next generation of advice through people and technology. We’re here to help answer people’s money questions, so they can take on what’s next in life, work, and play.”
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As part of its mission to advance financial freedom for all, Empower serves people across the financial spectrum including mass market, mass affluent, and high net worth customers. It offers financial tools free on its digital experience at Empower.com , the App Store and Google Play, and as a place to connect with skilled fee-based financial professionals. The company launched a new personal finance news site and newsletter, The Currency™, and a brand campaign, “Empower What’s Next” with TV commercials airing nationwide . ABOUT EMPOWER
Empower, a leader in financial planning, investing, and advice, is dedicated to creating financial freedom through people and technology. It administers approximately $1.3 trillion in assets for more than 17 million retirement plan participants and is the nation’s second-largest retirement plan recordkeeper by total participants.2 Connect with us on Empower.com . 1 Advisory services are provided for a fee by either Personal Capital Advisors Corporation (“PCAC”) or Empower Advisory Group, LLC (“EAG”) depending on your specific investment advisory services agreement. Both PCAC and EAG are registered investment advisers with the Securities and Exchange Commission (“SEC”) and subsidiaries of Empower Annuity Insurance Company of America. Registration does not imply a certain level of skill or training. Investing involves risk. Past performance is not indicative of future returns. You may lose money. 2 As of January 31, 2023. Assets under Administration (AUA) refers to the assets administered by Empower pursuant to service contracts, including recordkeeping, for retirement plans and participants, IRAs and other pension accounts. On August 1, 2022, Empower announced that it is changing the names of various companies within its corporate group to align the names with the Empower brand. For more information regarding the name changes, please visit http://www.empower.com/name-change . 3 Survey of 2,000 Americans commissioned by Empower, April 2022
4 Empower analysis of approximately 4.3 million active plan participants as of 9/30/22. 5 Empower Personal Cash™ is offered through Personal Capital Services Corporation (“PCSC”). PCSC is not a bank. Bank deposit products provided by UMB Bank n.a., Member FDIC. To participate in the program, you must open an account at UMB Bank, through which your funds will be placed in accounts at participating program banks. The advertised interest rates are paid by participating program banks, not by UMB. Your funds will be FDIC insured up to applicable limits while in transit through UMB Bank. PCSC receives a fee from each program bank in connection with the program that is based on the aggregate daily closing balance of deposits held in program accounts by such program bank. The fee may vary from program bank to program bank and will generally increase as the aggregate amount of funds held in program accounts with the program bank increases. Advertisement 4
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The information provided in your account application is being provided by you to UMB Bank and PCSC simultaneously. Each of UMB and any EMPOWER company or affiliate may use this information in accordance with its respective privacy policy. Upon acceptance of the application, an account will be opened with UMB Bank. 6 Survey of 2,000 Americans commissioned by Empower, October 29 to November 3, 2021
Any reference to the advisory services refers to either Personal Capital Advisors Corporation (“PCAC”) or Empower Advisory Group, LLC (“EAG”). Advisory services are provided for a fee by either Personal Capital Advisors Corporation (“PCAC”) or Empower Advisory Group, LLC (“EAG”) depending on your specific investment advisory services agreement. Both PCAC and EAG are registered investment advisers with the Securities and Exchange Commission (“SEC”) and subsidiaries of Empower Annuity Insurance Company of America. Registration does not imply a certain level of skill or training. Investing involves risk. Past performance is not indicative of future returns. You may lose money. The information contained herein is being provided for discussion purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy or sell securities. All visuals are illustrative only. © 2023 Empower Annuity Insurance Company of America. All rights reserved. “EMPOWER” and all associated logos, and product names are trademarks of Empower Annuity Insurance Company of America. View source version on businesswire.com: https://www.businesswire.com/news/home/20230308005032/en/
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Empower Launches Personal Wealth Division With Digital-First Planning Experience to Help Americans Achieve Financial Freedom

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Jeddah - Yasmine El Tohamy - RIYADH: Saudi Arabia’s Public Investment Fund has announced the launch of Halal Products Development Co. aimed at localizing the halal production industry in the Kingdom. The launch of the new firm is expected to help promote Saudi Arabia as a global halal hub, according to a press release. It further noted that HPDC will help enable local players; small and medium-sized enterprises, in particular, to grow and expand across global halal markets. It will also help develop the halal production industry in Saudi Arabia through partnerships with key local and international players, along with creating job opportunities. “HPDC aims to localize knowledge, technology, and innovation for the development of halal products including foods, cosmetics, and pharmaceuticals. The company also aims to promote investment and economic opportunities for the industry by introducing various services, including specialized advisory,” said PIF in the press release. It further added that the company will also help PIF and its portfolio companies to access a variety of collaboration and investment opportunities across global halal markets. The launch of the new firm comes in line with the goals outlined in the Kingdom’s Vision 2030, aiming at diversifying Saudi Arabia’s economy away from oil, along with developing key sectors including goods and retail, and food and agriculture. The PIF is one of the world’s largest sovereign wealth funds, with assets valued at $620 billion, according to data released by Sovereign Wealth Fund Institute in April. Earlier in October, PIF Governor Yasir Al-Rumayyan revealed a strategy detailing plans for the fund’s assets to reach between $2 to $3 trillion by the end of this decade. “We want to reach $1 trillion by 2025. And we are almost now less than $700, we need close to $400 billion to reach this size of assets,” said Al-Rumayyan, during an interview given to the Thmanyah podcast. He added: “We have a complete plan from now till 2030, on how to reach a trillion and reach between $2 to $3 trillion, and His Highness Crown Prince is determined to reach it.”
In September, PIF launched the National Real Estate Registration Services Co. to digitize and develop the local real estate sector through a comprehensive digital platform. In a press release, PIF noted that the new platform will help build a comprehensive digital database of all public, residential, commercial, and agricultural units of property across the Kingdom, along with ensuring transparency in the real estate sector. These were the details of the news Dubai to offer 10% of Empower in fourth state-linked IPO this year -Gulf News for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new. It is also worth noting that the original news has been published and is available at Arab News and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.

Dubai to offer 10% of Empower in fourth state-linked IPO this year -Gulf News

Norton’s November 1, 2022 keynote will highlight the role of solar in creating resiliency and social equality; will touch upon the importance of distributed energy through his conservation work in Kenya. Free, virtual event on November 1-2, 2022 will feature sessions discussing innovations, ideas, and technologies influencing the digital future of the solar industry. Download
In support of the Maasai Wilderness Conservation Trust, Aurora Solar will donate five dollars for every person who registers for Empower 2022, up to $25,000, and will match donations, up to an additional $25,000, made to this cause through the Aurora/MWCT GoFundMe page: https://gofund.me/2ed85acf (Photo: Business Wire)
In support of the Maasai Wilderness Conservation Trust, Aurora Solar will donate five dollars for every person who registers for Empower 2022, up to $25,000, and will match donations, up to an additional $25,000, made to this cause through the Aurora/MWCT GoFundMe page: https://gofund.me/2ed85acf (Photo: Business Wire)
October 24, 2022 09:00 AM Eastern Daylight Time
SAN FRANCISCO--( BUSINESS WIRE )-- Aurora Solar , a cloud-based platform creating a future of solar for all by powering industry professionals to make solar simple and predictable, today announced Edward Norton as a keynote speaker at its third annual Empower event. In addition to being a Golden Globe winner and Academy Award nominee, Norton has participated in numerous solar advocacy efforts over the past 25+ years and serves as US Board President of the Maasai Wilderness Conservation Trust (MWCT), which operates a range of programs where solar plays an important role in helping protect the ecosystems and biodiversity of East Africa. “Edward has a long history with the solar industry and as a conservationist,” said Chris Hopper, co-founder and CEO, Aurora Solar. “His passion for and views on solar closely align with our mission to create a future of solar for all. We’re thrilled to add Edward to Empower’s roster of world-class speakers who are collectively advancing the solar industry and creating a more sustainable, resilient future.”
During his keynote titled “The Importance of Solar for All,” Norton will share his views on the role of solar in creating resiliency and social equality. He will also discuss the importance of distributed energy and how it has come to life through the MWCT’s Chyulu Carbon Project, which he has been supporting for the past 20+ years. One of the organization's newest projects focuses on building energy storage and solar infrastructure to power electric vehicles in remote parts of Kenya to help protect wildlife. In support of this cause, Aurora Solar will donate five dollars to this initiative for every person who registers for Empower 2022, up to $25,000, and will match donations, up to an additional $25,000, made to this cause through the Aurora/MWCT GoFundMe page; donate here . Empower is open for anyone to attend and features 35+ solar experts as part of its speaker lineup. From solar professionals seeking to earn NABCEP CEUs to industry advocates who are passionate about accelerating the clean energy future, Empower offers something for everyone. To learn more about Empower 2022, view the full agenda, and register for the event, visit https://aurorasolar.com/empower-2022-agenda/ . About Aurora Solar
Aurora is creating a future of solar for all. The company is putting the power of data and technology into the hands of every solar professional to make solar adoption simple and predictable. The cloud-based platform uses data, automation, and AI to streamline workflows and grow solar businesses faster. More than 7,000 of the industry's top organizations rely on Aurora and over 10 million solar projects have been designed with the platform globally. The San Francisco-based company was the only climate tech business named to the 2022 Forbes AI 50 and was voted the best solar software by Solar Power World in 2021. For more information, visit www.aurorasolar.com and follow on Twitter @AuroraSolarInc . Contacts

Edward Norton — Award-Winning Actor, Filmmaker, and Conservationist — Joins Aurora Solar’s Speaker Lineup for Empower 2022, a Premier Virtual Event for the Solar Community

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Empower builds a plastic waste ecosystem to solve the problem of plastic waste. It offers rewards for depositing plastic waste to stop the leakage of plastic into the environment. It was founded in 2018 and is based in Oslo, Norway.

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Name	Josse Kunst
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Work History	Leading a purpose driven start-up focused on connecting entrepreneurs in Europe, Africa and Asia-Pacific to implement business that is fully circular and profitable for all people involved. 25 years of global business experience, always working on the interface of materials science and market needs. Quick reasoning and flexible 'out of the box' thinker.
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