Ostensibly About Expense, Amex-Concur Has Travel Aftershocks

As part of an investment and marketing deal announced this week, American Express Company's commercial card division will "exclusively" sell and promote Concur's Expense software, but not its travel-booking or other services. Rearden Commerce CEO Patrick Grady said he believes Amex's stated positioning, and BCD Travel said its arrangements with Concur are unchanged because "the Amex-Concur agreement solely revolves around expense management and doesn't include Concur's booking engine, Cliqbook.