Articles with tag: travel industry

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US Exim to support Boeing with SCF guarantee

News | E-invoicing, SCF & E-procurement | 27 Nov 2020

The Export-Import Bank of the United States (US Exim) has granted two authorisations in support of the aviation industry and its supply chain, according to gtreview.com.

US Exim, Boeing, US, SCF, supply chain finance, Citi, travel industry, lockdown, pandemic, payments

A research commissioned by Amadeus reveals how technology can boost traveller confidence

News | Payments General | 17 Nov 2020

Amadeus has commissioned a research to learn more about traveller’s top concerns and what types of technology would help them feel safe and comfortable enough to travel.

Amadeus, research, travel industry, contactless payments, mobile payments, Google Pay, PayPal, Venmo, COVID-19, biometrics, digital identification

Strong Customer Authentication in travel payments: what happens when the booking includes products from multiple travel suppliers?

Voice of the Industry | Payments General | 13 Nov 2020

Jean-Christophe Lacour from Amadeus provides insight into the steps taken by travel agencies when performing SCA on behalf of several travel suppliers in a multi-merchant scenario

Amadeus, Jean-Christophe Lacour, SCA, travel industry, travel agency, travel payments, Strong Customer Authentication, Merchant Initiated Transaction, merchant, OTA, 3DS 2

Strong Customer Authentication in travel payments: what happens when the travel agent processes the payment?

Voice of the Industry | Payments General | 05 Nov 2020

Alessandro Monge, on behalf of Amadeus, is examining how authentication works when the travel agency processes the payment as the Merchant of Record

Amadeus, Alessandro Monge, Merchant of Record, SCA, travel industry, travel agency, travel payments, Strong Customer Authentication

66 percent of companies from travel industry not ready for SCA deadline

News | Ecommerce | 30 Oct 2020

A new research conducted by Amadeus has found that COVID-19 related delays have set SCA implementations back by an average of six months for airlines, hotels, and travel agencies.

Amadeus, research, COVID-19, merchant, SCA implementation, airlines, travel agencies, travel industry, Strong Customer Authentication, Payments Services Directive II, ecommerce, Merchant Initiated Transactions

Onyx CenterSource rolls out contactless virtual card solutions

News | Payments General | 04 Aug 2020

US-based B2B payments provider Onyx CenterSource has announced the launch of virtual credit card payment solutions to its hospitality and travel clients worldwide.

Onyx CenterSource, contactless, virtual cards, virtual credit card payments, card payments, virtual payments, payment method, travel industry, hospitality industry, accounts payable, automation

Fly Now Pay Later secures EUR 39 million for travel payments app

News | Payments General | 19 May 2020

UK-based travel fintech, Fly Now Pay Later, has raised EUR 39.2 million in funding for developing an app to finance travel in a post COVID-19 world.

Fly Now Pay Later, travel, fintech, funding, travel payments app, buying tickets, covid-19, pandemic, travel industry

Expedia raises USD 3.2 bln funds during COVID-19 pandemic

News | Ecommerce | 27 Apr 2020

US-based online travel shopping company Expedia has raised USD 3.2 billion in new capital as the COVID-19 pandemic causes travel to stop around the world.

Expedia, travel shopping, funding, Apollo Global Management, Silver Lake, financial flexibility, travel industry, Covid-19

Airbnb receives USD 1 bln from Silver Lake and Sixth Street Partners

News | Ecommerce | 07 Apr 2020

Airbnb has unveiled it will receive USD 1 billion from investors Silver Lake and Sixth Street Partners, as it struggles with a massive drop in business.

Airbnb, Silver Lake, Sixth Street Partners, investment, bookings, travel industry, policy, equity securities

Meeting the challenge of changing customer behaviour in travel payments

Interviews | Online Payments | 03 Mar 2020

The Paypers interviewed Stephane Druet, CellPoint Digital, to learn more about the challenge represented by changing customer behaviour in travel payments

CellPoint Digital, Stephane Druet, interview, travel payments, payment methods, travel industry

Perseuss rolls out customer validation service for small and midsize travel agencies

News | Digital Identity, Security & Online Fraud | 13 Nov 2019

Perseuss has launched Perseuss LITE, a global fraud-mitigation tool for small and midsized travel agencies, made stronger by the combined intelligence of its participants.

Perseuss LITE, Perseuss, product launch, travel industry, chargebacks, false positives, fraud prevention, AI, airlines

Sabre and Visa expand B2B virtual payments

News | Payments General | 03 May 2019

US-based travel tech company Sabre Corporation and Visa have announced a partnership to support B2B virtual payments in the travel industry.

Sabre Corporation, Sabre Travel Network, Visa, partnership, US, B2B payments, B2B virtual payments, corporate cards, travel industry, multi-bank account, multi-card account, credit accounts, prepaid accounts

Who survives in times of change? The most able to adapt

Voice of the Industry | Expert Opinion | 16 Apr 2019

Regulatory initiatives create opportunity, but also complexity for travel companies. The way through? Cut through the complexity. Jeremy Dyball from Amadeus tells us how

Amadeus, Jeremy Dyball, PSD2, payments, payment services, travel industry, thought leader insights

IBM teams up with Further Network to transform payments in MENA travel industry

News | Cryptocurrencies | 15 Feb 2019

IBM partner SevenGates has been working with Further Network a blockchain startup in Turkey to build a blockchain based payment and settlement platform for a travel agency.

IBM, blockchain, payments, tokens, settlement, travel industry, SevenGates, Further Network

Wirecard enables digital payments for Qixxit

News | Online Payments | 11 Jan 2019

Wirecard has announced it is enabling digital payments for the Qixxit mobility platform, driving the digitalisation of the travel industry.

Wirecard, Qixxit, digital payments, mobility platform, digitalisation, travel industry, Deutsche Bahn Digital Ventures, in-app payments, Apple Pay, payment method

The payments preferences and developments that shape the travel industry

Interviews | Interviews | 04 Oct 2018

We interviewed Jean-Christophe Lacour, Head of Product and Offer at Amadeus, to understand the payments preferences and developments that shape the travel industry

Amadeus, Jean-Christophe Lacour, travel payments, travel industry, WeCaht Pay, payment method, PSD2, SCA, Asia, Achina, credit card, mobile wallet, mobile payments, Alipay,

Over 20,000 Air Canada customers data breached

News | Digital Identity, Security & Online Fraud | 30 Aug 2018

Air Canada has announced that 20,000 of the people who use Air Canada mobile app were affected by the possible breach.

Air Canada, data breach, mobile app, customer data, online security, travel industry, Canada

Travel industry to drive payment innovation with a more personalised experience, study shows

News | Online Payments | 26 Jul 2018

A new study commissioned by Amadeus shows that the travel industry is eager to drive payment innovation to deliver a more personalised experience.

Amadeus, travel industry, payments, Travel Payments Study 2018, payment method

Sabre launches Virtual Payments for Corporate Travel Management Singapore

News | E-invoicing, SCF & E-procurement | 20 Jun 2018

Sabre has launched Sabre Virtual Payments for Corporate Travel Management (CTM) Singapore to provide secure transaction channels between travellers and suppliers.

Sabre, Virtual Payments, travel industry, Singapore, online transactions

There and (charge)back again: retaining revenue from travel payments

Voice of the Industry | Expert Opinion | 19 Jun 2018

Stefano Petrazzoli, Director of Travel Relations at The Chargeback Company, explores how modern customer behaviour has outgrown payment dispute systems in the travel industry

travel industry, chargeback, The Chargeback Company, Stefano Petrazzoli, payments disputes,