Search results for "travel"
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82Cross-border PaymentsVisa’s Bill Sheley: Eliminating FX Uncertainty Boosts Cross Border Commerce
August 07, 2020Global travel may be down, and border restrictions remain in-place, but that doesn’t mean cross-border payment volumes have taken a hit. The...
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77EarningsUber Counters Ridesharing Slump With Delivery Double-Up
August 07, 2020Before Q2 2020, Uber was the innovator that launched the concept of a digitally backed ridesharing business with a growing side hustle...
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329Travel PaymentsRural Properties See Surge In Airbnb Bookings
August 06, 2020As U.S. vacationers look to get away for a while, they’re increasingly turning to rural Airbnb listings where they won’t be as...
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704Partnerships / AcquisitionsMicrosoft Eyes Deal For All Of TikTok As Pressure Builds
August 06, 2020Microsoft’s initial interest in TikTok’s U.S. operations has dramatically expanded, with the software giant now seeking a blockbuster deal to buy the...
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963B2B PaymentsDeem’s New Software Aims To Boost Corporate Travel Booking Services
August 05, 2020Deem, which works in mobile and cloud technology, has launched corporate travel booking software Deem Rise, according to a press release. The...
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908CoronavirusNYC Quarantine Violators Could Face Fines Of Up To $10K
August 05, 2020Visitors to New York City who are caught coming from states with high rates of COVID-19 could be assessed a hefty fine...
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1.2KB2B PaymentsThe Corporate Card Goes Contactless
August 05, 2020As B2B FinTechs explore the value of the commercial card, they’re integrating card payment capabilities across more scenarios, from vendor payments to...
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1.3KB2B PaymentsMaintaining Control When Employee Spend Looks More Like Procurement
August 05, 2020The expense report has come a long way since the days of paper spreadsheets and stapled receipts. In the last decade, automation...
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1.6KEarningsWestern Union CFO On Q2 And The New-To-WU Consumers’ Big Digital Shift
August 05, 2020Western Union (WU) reported Tuesday (Aug. 4) that while second-quarter revenues fell for much of its business, WesternUnion.com’s average monthly active customers...
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1.3KMobile ApplicationsEuropean Pizzeria Introduces Virtual Ordering From The Table
August 04, 2020And now, something to make tipping in European restaurants even more confusing for Americans: a virtual waiter in Spain. A restaurant called...
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1.5KTravel PaymentsBooking.com To Cut Workforce By 25 Pct
August 04, 2020Booking Holding Inc., the Connecticut-based company that owns travel website Booking.com, plans to reduce its workforce by as many as 4,250 positions...
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3.0KB2B PaymentsJPMC: Why Working-Capital Trade Finance Is On The Rise
August 04, 2020Although the 2008 financial crisis jolted the world economy, the financial conditions leading up to the disruption had been a long time...
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2.0KVoice Activation5 Ways Voice Technology Is Increasingly Making Itself Heard
August 03, 2020Voice technology is among the things that have gotten a big boost from the global pandemic as consumers shift to buying things...
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2.3KANTITRUSTBig Tech And The Optical Illusion Of Monopoly
August 03, 2020The most interesting thing about Big Tech’s Fab Four tour of Capitol Hill last Wednesday (July 29) wasn’t the perfunctory lawmaker grandstanding,...
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2.0KSecurity & FraudTravel Management Firm CWT Pays $4.5M In Bitcoin To Hackers
July 31, 2020Corporate travel manager CWT paid $4.5 million worth of bitcoin in ransom this week to hackers who said they seized control of...
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1.3KDigital BankingMonzo CEO Hopes New Accounts Can Blunt Pandemic’s Impact
July 30, 2020New Monzo CEO TS Anil said the U.K. company, badly damaged by the pandemic, is hinging on new products to survive, the...
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1.6KEarningsContactless, Digital Drive Mastercard Q2 Earnings
July 30, 2020Mastercard reported Q2 earnings results on Thursday (July 30) that in many ways mirrored what rival Visa reported the day before. Like Visa, Mastercard delivered...
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1.5KEarningsYum! Brands Digital Sales Reach Record $3.5B Amid Pandemic
July 30, 2020Yum! Brands, Inc. reported on Thursday (July 30) that digital sales grew to an all-time high of $3.5 billion for the second...
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1.4KCoronavirusUnited Chatbot To Help Ease COVID Concerns Among Jittery Passengers
July 30, 2020Getting ready to fly and fretting, as the coronavirus rages on, about how safe the air inside the plane will be? Wondering...
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1.1KInvestmentsAUTO1 Group Raises $300M To Ramp Up Retail Platform
July 30, 2020Berlin-based AUTO1 Group said on Thursday (July 30) it has raised $300 million from investors and plans to put the new funding...
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1.3KRetailDunkin Earnings Go Light On Digital Acceleration
July 30, 2020The digital shift is coming late to Dunkin’ Brands. The company’s Q2 earnings, announced Thursday morning (July 30), showed an expected drop...
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2.4KDeliveryHow Cloud Kitchens Are Reinventing Hotel Room Service, As A Service
July 30, 2020Putting the “hospital” in Butler Hospitality, the New York-based hotel room service startup found itself this past spring in a city overrun...
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1.5KB2B PaymentsUpside To Integrate TravelBank For Better Control Of Corporate Business Spend
July 29, 2020Two tech companies – one that helps companies travel more efficiently and another that helps companies track and process expenses – are...
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1.6KMarketsCan Kodak’s (New) Moment Last?
July 29, 2020With a share price soaring hundreds of percentage points (so far) this week alone, Eastman Kodak is having a moment. But: Will...
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1.3KCoronavirusCoronavirus Refunds: Norwegian Cruise Line To Provide Travelers With Credits, Reimbursements
July 29, 2020As the coronavirus pandemic continues to disrupt everyday life the world over, many consumers want compensation for things they paid for but aren’t able...
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1.9KPayments InnovationAdvancing With Collaboration, Cooperation And Innovation
July 29, 2020“Digitization has helped support remittance market continuity in the face of reduced mobility. We also believe money transfers relying on informal or...
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1.7KB2B PaymentsIndustry Tie-Ups Brace For Corporate Card Adoption Wave
July 29, 2020With more B2B financial service providers embracing commercial cards as a preferred payment tool for corporates making the shift to digital payments,...
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1.7KVISAVisa Sees Gains In Online and Contactless Transactions In Q2
July 29, 2020Visa reported Tuesday (July 28) that its second-quarter results suffered from plummeting consumer spending amid COVID-19, although the pandemic did boost online...
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2.1KSpend ManagementHow To Decentralize Vendor Spend Without Losing Control
July 29, 2020Optimism continues to dwindle for the globe’s corporate travel sector, with industry heavyweights expecting business trips to remain on pause for at...
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1.4KTravel PaymentsJune Air Travel Volume Off 86 Pct From Last Year
July 28, 2020The latest forecast from the International Air Transport Association (IATA) has airlines grappling with reduced demand until at least 2024 – and...
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1.9KB2B PaymentsAirwallex Teams With Deutsche Bank For Foreign Exchange, Collections
July 28, 2020Deutsche Bank will allow FinTech firm Airwallex to offer foreign exchange services powered by application programming interface (API) in Hong Kong and virtual account...
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2.0KTravel PaymentsLuxury Hotelier Eyes Private Clubs As New Business Model
July 28, 2020As the coronavirus devastates the hospitality industry, hotelier to the stars André Balazs is gearing up for his next act: private clubs....
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1.9KDigital BankingRevolut Launches In App Price Comparison Service In UK
July 28, 2020FinTech Revolut is working with Decision Tech, a price-comparison technology company, to launch a new service to help users compare — and switch...
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1.3KRetailDTC Collective Director Advocates For Digital Future
July 28, 2020As senior vice president of marketing for retail technology platform Bluecore, one of the best parts of Sherene Hilal’s job was gathering...
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1.4KPayment MethodsJ.P. Morgan Teams With Marqeta On Virtual Cards For Commercial Clients
July 28, 2020As the move toward virtual financial transactions grows, J.P. Morgan is eliminating plastic from some of its credit cards. The global financial...
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2.1KCredit UnionsWhat Happens When Credit Unions Let Members Drive Rewards
July 28, 2020Credit union (CU) members tend to be more loyal than their counterparts at big banks, and customer relationships play a more central...
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1.3KB2B PaymentsUS Firms Expected To Lower Cash Holdings Amid Pandemic
July 27, 2020Businesses have responded to the pandemic by tapping into their cash reserves, as around 32 percent of businesses plan to diminish their...
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1.3KB2B PaymentsCoupa Bolsters Controlled Spending, Risk Management Capabilities
July 27, 2020Coupa, which works in business spend management, is rolling out new capabilities to help with businesses’ spend visibility while lowering risk, through...
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3.1KDigital PaymentsIndia’s UPI Hits $1.34B In June Transaction Volumes
July 26, 2020India has embraced its model for digital payments so much that it intends to take it global. Since its debut four years...
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2.6KCoronavirusHow ‘Baseball In A Bubble’ Is Changing America’s Pastime
July 25, 2020After a long delay, lots of negotiations and millions of desperate fans becoming concerned that the season was headed toward being a...
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3.3KInvestmentsFinTech Startup Revolut Raises $80M At $5.5B Valuation
July 24, 2020London startup mobile bank Revolut Ltd. has secured $80 million in new funding at a $5.5 billion valuation as part of its...
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2.5KThe WeekenderOpen Banking, Synthetic ID Fraud, Supplemental Jobless Benefits Top This Week’s News
July 24, 2020It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the...
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1.9KB2B PaymentsDespite Business Travel Lull, B2B Ride-Hailing Lands Big Funding
July 24, 2020Venture capital is no guarantee in times of market volatility, but this week’s B2B venture capital breakdown finds several companies managing to...
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1.3KDigital-First BankingDeep Dive: How Banks Are Responding To The COVID-19 Crisis And Beyond
July 24, 2020The way banks and their customers are coping with the new realities brought on by the COVID-19 pandemic could be a bellwether...
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12.0KCoronavirusCoronavirus Refunds: Princess Cruises To Offer Credit With Bonus, Reimbursements For Canceled Cruises
July 23, 2020As the coronavirus pandemic continues to disrupt everyday life the world over, many consumers want compensation for things they paid for but aren’t able...
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7.2KEconomyLas Vegas Not Near Normal As Casinos Curtail Offerings
July 23, 2020In a sign that the Las Vegas Strip is not near its usual level of operations, Wynn Resorts Ltd. is positioned to...
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1.5KPersonnelSpreedly Fills Three Top Roles
July 23, 2020Payments orchestration software producer Spreedly is growing its leadership team and has named new heads of human resources, technology and marketing, the...
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2.8KSecurity & FraudFinablr Hires Firm To Investigate Potential Wrongdoing
July 23, 2020After discovering over $1 billion in hidden debt in May, Finablr has hired law firm Skadden to investigate potential theft and wrongdoing...
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2.6KB2B PaymentsOptimizing Order-to-Cash For A Growing Recurring Revenue Landscape
July 23, 2020The recurring revenue business model continues to gain traction as organizations embrace the value in consistent, predictable capital in-flows. The revenue model...
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1.8KPartnerships / AcquisitionsAirbnb Offered A Novel Way To Go Public
July 23, 2020Airbnb Inc. has been offered a unique opportunity to go public. Brian Chesky, CEO of the San Francisco-based vacation rental online marketplace,...
