Redwood City, CA—Nov. 2, 2011—i2c, Inc., a provider of payment processing, loyalty and transaction settlement solutions, announced today that InsperityTM Expense Management has selected i2c as the processor for its new network-branded reloadable prepaid card for InsperityTM ExpensAbleTM Corporate customers, which will launch in early 2012.
Insperity ExpensAble provides one of the most efficient expense management solutions in the market to more than 5,000 companies nationwide. The prepaid card, issued by Insperity in conjunction with its banking partner, will allow companies to better control, track and manage employees’ travel and entertainment expenses. Companies using the cards can easily integrate the prepaid card accounts with their corporate banking and ExpensAble Corporate applications to streamline loading, payment and expense management.
Mark Breuer, Insperity Expense Management’s Director of Growth and Market Development, said the prepaid card will offer companies more visibility into employee payment transactions. “Our goal is to provide the most accurate, convenient and efficient solution for companies to manage employee expenses. i2c’s robust Application Programming Interface and flexible system architecture will support this by delivering real-time transaction data directly to our customers’ ExpensAble Corporate applications,” he said.
“This card is yet another example of how prepaid can enhance business operations,” said Steve Diamond, Vice President, Client Account Management at i2c. “We look forward to working closely with Insperity as they bring the value of prepaid to their customers across the country.”
About i2c Inc.
An award-winning global financial technology innovator powering credit, debit, prepaid, core banking, and money movement solutions, i2c unifies banking and payments in an all-in-one platform, transforming product personalization with a customer-centric architecture and accelerating speed-to-market with composable building-block solutions. Financial institutions and fintechs globally trust i2c to help them quickly and efficiently configure and scale differentiated financial offerings in an evolving, competitive market. Powered by innovation and driven by trust for more than 24 years, i2c blends modern ingenuity with expert reliability to supercharge exceptional banking and payments experiences for millions of users and billions of transactions worldwide.
For more information, visit i2cinc.com and follow us at @i2cinc.
About Expensable
InsperityTM ExpensAbleTM provides one of the most efficient expense management solutions on the market. Insperity ExpensAble automates a company’s expense reporting, enforces corporate spending policies, handles receipt imaging needs, integrates with a company’s back office systems, automates the reimbursement process and provides extraordinary visibility into a company’s expenditures through advanced expense report software. For more information, visit http://www.insperity.com/solutions/expense-management.
About Insperity
Insperity, a trusted advisor to America’s best businesses for more than 25 years, provides an array of human resources and business solutions designed to help improve business performance. InsperityTM Business Performance Advisors offer the most comprehensive Workforce OptimizationTM solution in the marketplace that delivers administrative relief, better benefits, reduced liabilities and a systematic way to improve productivity. Additional offerings include MidMarket SolutionsTM, Performance Management, Expense Management, Time and Attendance, Organizational Planning, Recruiting Services, Employment Screening, Retirement Services, Insurance Services and Technology Services. Insperity business performance solutions support more than 100,000 businesses with over 2 million employees. With 2010 revenues in excess of $1.7 billion, Insperity operates in 56 offices throughout the United States. For more information, visit www.insperity.com.