PYMNTS

DECEMBER 28, 2020

Travel and cost management company Navisteps has notched $1 million in a pre-seed round, with investment originating from angel investors, Phocuswire reported. While expense and travel management solutions are not new, they traditionally target large enterprises. Those in the sector, however, aren’t sitting quietly by the sidelines.

Management 251

Management Report Data Innovation 251

PYMNTS

JANUARY 24, 2021

British travelers age 55 and older buoyed by confidence in newly approved COVID-19 vaccinations are driving a powerful surge in trip bookings, the Financial Times reports. The Financial Times said Kjellberg also attributed some increase in domestic travel to the elimination of some travel-abroad options.

Operations 260

Operations Groups Lending National 260

PYMNTS

JANUARY 15, 2021

According to Delta Airlines CEO Ed Bastian, while pre-COVID volumes and travel practices may never fully return, the road to recovery has begun. At the same time, just 7 percent of Delta’s large business travel customers said they would never return to pre-COVID levels. many people are going to now travel by car.

New York City 270

New York City United States Florida National 270

Payments Dive

AUGUST 8, 2019

The travel indsustry is moving towards removing friction from the payments process, as consumer and business travel increasingly becomes more global in nature.

Payments 321

Payments 321

PYMNTS

JANUARY 21, 2021

When it comes to predicting the return of business travel , the conventional wisdom is simply all over the map right now, ranging from this summer to 2023 to maybe never. While the timing of the rebound remains hard to predict, experts say business travel 2.0

Survey 217

Survey Software Strategy Conference 217

PYMNTS

DECEMBER 28, 2020

With an eye on the future of travel, J.P. This investment demonstrates our commitment to deliver exceptional travel benefits at-scale to our large and rapidly growing customer base,” Marianne Lake, CEO of Consumer Lending at J.P. Morgan Chase, said in a press release.

Connecticut 282

Connecticut Groups Customer Experience Cards 282

Payments Dive

JULY 9, 2019

Innovations in the payments space are driving significant changes in the global travel industry. Airlines, travel agencies, payments processors and card issuers all need to recognize the role that speed, reliability and efficiency must be top of mind to maintain strong relationships with your customers.

Innovation 329

Innovation Payments Cards Industry 329

Accenture

MAY 17, 2021

The event went off without a hitch and was a welcome re-entry into travel in a safe, vaccinated, face-to-face environment. The post What post-pandemic business travel teaches us about the new normal appeared first on Accenture Banking Blog. The event was great—and thought-provoking for me, as it was one….

Alabama 221

Alabama US Regional 221

BankBazaar

APRIL 13, 2023

Let’s help you figure out the pros and cons of both when travelling abroad , along with a few pro tips on using Credit Card s overseas. Additional Reading: 4 Ways You Could Get Robbed While Travelling Abroad Hard to curb your shopping impulses? Travel insurance is key if you’re in a foreign land. Business or leisure?

Cards 148

Cards ATM US Payments 148

PYMNTS

JULY 31, 2020

Corporate travel manager CWT paid $4.5 A CWT representative told the news service: “While the investigation is at an early stage, we have no indication that personally identifiable information/customer and traveler information has been compromised.” ” Reuters said the hackers used software called RagnarLocker.

Bitcoin 262

Bitcoin Management Minnesota Security 262

PYMNTS

JULY 16, 2020

Admittedly, it might seem like a strange time to be launching an innovative travel insurance product given how much the tourism industry has contracted in the wake of the global pandemic. Weyl said Koala aims to make travel insurance a new journey toward reliability as tourism attempts to get on the road to recovery.

Policies 254

Policies Examples Innovation Customer Experience 254

PYMNTS

JANUARY 11, 2021

Crypto.com has put in an early bet that 2021 will see a rebound in the battered travel market. In particular, Crypto.com users who make travel reservations through Booking.com using the Crypto.com app can shave up to 25 percent off the cost of their accommodations.

cryptocurrency 186

cryptocurrency ATM Cards Bitcoin 186

PYMNTS

NOVEMBER 17, 2020

Microsoft Co-Founder Bill Gates said he sees big changes on the horizon for business travel once the pandemic is over, with drastic reductions for most companies now that people can work from home, CNBC reported. Microsoft executives have predicted that air travel will eventually recover from its troubles, according to CNBC.

New York 170

New York Conference Video Survey 170

PYMNTS

JULY 21, 2020

Loews Hotels CEO Jonathan Tisch does not expect a return to significant national, international or business travel anytime soon, according to an interview he gave on CNBC ’s “Closing Bell.”. When asked if working from home will continue to chill business travel, Tisch said surveys are indicating as much. It’s a challenge,” he said. “We

Taxes 189

Taxes Survey New York Security 189

PYMNTS

JANUARY 14, 2020

Things are really taking off in the travel and hospitality sector, where everything from foreign exchange to foreign language is now being addressed in-app. Payments are at the heart of connected commerce for travel. Winners and losers in the next couple of years will be determined by how well they understand travel payments.

Meeting 141

Meeting Millennials Branding Mobile 141

PYMNTS

JANUARY 26, 2021

Hong Kong’s travel and leisure booking platform Klook has closed a $200 million Series E funding round led by Aspex Management , with participation by Sequoia Capital China , SoftBank Vision Fund, Matrix Partners China and Boyu Capital , according to a press release.

Capital 241

Capital Maine Regional Innovation 241

PYMNTS

APRIL 30, 2020

Spend management company Coupa has acquired business travel app company ETA, according to reports. The company is looking to add more travel tech to its profile, alongside its larger agreement to acquire Yapta , the rate assurance provider. ETA CEO and Co-Founder Choon Hong Peck confirmed that the transaction had gone through.

Strategy 161

Strategy Company Management Innovation 161

PYMNTS

MAY 21, 2020

While the travel industry remains decimated due to the pandemic, with businesses just beginning to tiptoe toward some semblance of normalcy, the shift to digital processes is gaining traction. The new reality will be marked by low bookings; tight margins; financial pressures on online travel agents; and the need for cost management.

Industry 237

Industry Payments Online Cards 237

PYMNTS

SEPTEMBER 4, 2020

A rural rebound may continue to power Airbnb, even as it changes the ways we travel and where we trek. Of the things that may be gone, or at least relatively muted: business travel and loyalty programs. But travel to (at least some) cities will survive. To that end, as reported by Bloomberg , Friday (Sept.

Course 215

Course Community National Trends 215

PYMNTS

JUNE 24, 2020

Travelers booked for cruises that have been canceled are receiving refund options. All travelers scheduled for the cruise will get a complete reimbursement or 125 percent future cruise credit that can be used up to the end of next year, per the website of Celebrity Cruises , according to the report.

Report 195

Report Payments 195

PYMNTS

JUNE 16, 2020

Payments firm Flywire has released new research showing that travel agents, as well as operators, receive high marks for handling interruptions the pandemic has caused but that travelers also have “suggestions for improvement,” according to an announcement. These are experiences uniquely offered through travel.”.

Guidelines 173

Guidelines Survey Operations Industry 173

PYMNTS

NOVEMBER 23, 2020

Qantas CEO Alan Joyce says international travel likely won't be able to get back to normal without compulsory vaccinations, a report from 9Now says. For international travelers. we will ask people to have a vaccination before they get on the aircraft," he said, according to the report.

Survey 195

Survey Report Company 195

PYMNTS

DECEMBER 23, 2019

An artificial intelligence (AI)-powered travel bot called Eddy Travels has raised about $500,000 in a pre-Seed funding round, according to reports. Eddy Travels was launched in 2018, and the company said it has more than 100,000 users around the world. Eddy Travels’ founders are CEO Edmundas Bal?

America 130

America Capital Branding Company 130

PYMNTS

MAY 29, 2020

The first half of 2020 has been particularly grueling for the travel industry. Jeff Cavins , CEO of recreational-vehicle rental site Outdoorsy , likens it to the entire planet “getting hit by a meteor” in terms of what it did to consumer interest in travel. And where they can social distance easily.”.

Industry 156

Industry Video Community Groups 156

Payments Source

JANUARY 22, 2021

COVID-19’s impact on travel has been dramatic, and it has forced both consumers and travel executives to re-imagine what travel will look like going forward.

Industry 201

Industry Fintech Payments 201

PYMNTS

DECEMBER 22, 2020

Almost half of Americans (46 percent) intend to travel for the December holidays amid the pandemic, according to press release from online automotive marketplace and solutions firm Cars.com. For most holiday travelers, the decision to drive is no longer primarily influenced by cost or convenience, but safety and security.”.

Survey 155

Survey Training National Trends 155

Qudos Bank

FEBRUARY 15, 2024

Whether you’re looking to travel for a short period or a long while, there are a lot of costs that can stack up when you’re booking in a holiday. Travelling on a budget is possible and you don’t have to break the bank to go on a trip that the whole family will remember. Travel in the off-peak season Want to save some money?

Taxes 52

Taxes Examples Groups Cards 52

PYMNTS

JUNE 21, 2020

Indiana-based travel insurer Seven Corners is beginning to adapt its offerings to the coronavirus era, with new packages addressing the needs people will have for the time being, CNBC reports. become the preferred method of vacation travel for now, compared to overseas trips or flights. Canada or Mexico.

Indiana 176

Indiana Conference Video Report 176

PYMNTS

APRIL 24, 2020

With travel bans in place and work-from-home orders implemented, business trip volume has all but plummeted to zero. That may initially seem like bad news for corporate travel and expense (T&E) management providers whose revenues are largely comprised of spend that occurs during business trips. Shifting Spend.

Management 206

Management Technology Strategy System 206

PYMNTS

JUNE 4, 2020

With business trips all but wiped from corporate expense reports, corporate business travel industry stakeholders have been thrust into an unprecedented scenario. Uncertainty is at an all-time high, but what is clear is that business travel management FinTechs aren’t sitting idly. ” Continuing Innovation.

Industry 139

Industry Fintech Management Meeting 139

PYMNTS

JUNE 16, 2020

To provide pandemic-related security functions and rescue services for corporate travelers, Expensify unveiled its Concierge Travel virtual travel assistant, according to a press release. Additionally, administrators can find travel summary reports to let them know the timing and location of staffer trips.

Resources 141

Resources Cards Security Policies 141

PYMNTS

SEPTEMBER 29, 2020

With business travel still in the dumps, the battered airline industry is hustling to fill empty seats with vacationers and others looking for a respite amid the ongoing coronavirus pandemic. In a sign of the seismic shift in travel patterns wrought by COVID-19, Denver became home to the busiest airport in the U.S.

Las Vegas 166

Las Vegas Denver Florida Nashville 166

PYMNTS

AUGUST 5, 2020

Deem , which works in mobile and cloud technology, has launched corporate travel booking software Deem Rise, according to a press release. The software will attempt to help small and medium-sized businesses (SMBs) with managing travel and saving money. Rise does away with the need to handle each segment individually. Deem CEO John F.

Software 157

Software Policies Compliance Management 157

PYMNTS

NOVEMBER 1, 2020

Andrew Cuomo is doing away with his policy of requiring travelers from COVID hotspots to quarantine, and will now instead be asking them to get tested for the virus before entering the state, CNBC reports. He said those who do have to travel should quarantine and get tested as soon as possible.

New York 176

New York New Jersey Connecticut Policies 176

Payments Dive

MAY 1, 2018

Nav Kullar, marketing manager for NCR Payments, cites a recent Visa study about this trend with consumers traveling abroad.

Payments 334

Payments Study Trends Management 334

PYMNTS

JANUARY 10, 2020

Hotels, airlines and homesharing platforms need strategies to satisfy the travel needs of four generations of jetsetters, who each have different booking and payment preferences. Some millennials, in one case, would abandon travel booking processes if their preferred payment method was not offered. 59%: Share of U.S.

Millennials 130

Millennials Technology Payments Data 130

PYMNTS

JULY 15, 2020

CIBT , which works in global immigration and visa services for both corporations and individuals, has announced an integration with Conferma Pay for virtual cards and streamlined business travel payments, according to a press release. Pete Fox , CIBT chief information officer, said the point is ease of access for travelers.

Cards 188

Cards Fraud Security Payments 188