travel industry

Digital Tools Streamline Payments for Budget-Conscious Travelers
Digital Tools Streamline Payments for Budget-Conscious Travelers
October 12, 2023  |  Travel Payments

Despite ongoing economic uncertainty and inflationary pressures, travel saw a significant rise this summer. According to findings detailed in “The Credit Economy: How Consumers Financed...

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Booking.com Joins Affirm’s Network to Offer Installment Payments
Booking.com Joins Affirm’s Network to Offer Installment Payments
September 07, 2023  |  Travel Payments

Online travel platform Booking.com has partnered with payment network Affirm to provide travelers with flexible payment options when making travel bookings. Through this partnership, Affirm will be available at...

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Report: EU Regulators Expected to Veto Booking’s Acquisition of Etraveli
Report: EU Regulators Expected to Veto Booking’s Acquisition of Etraveli
September 01, 2023  |  Acquisitions

European Union (EU) regulators are reportedly poised to block Booking Holdings’ 1.63 billion euro purchase of Sweden’s Etraveli Group. The decision comes as concerns arise about the...

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Reeco Raises $10 Million to Grow Hospitality Procurement Marketplace
Reeco Raises $10 Million to Grow Hospitality Procurement Marketplace
March 28, 2023  |  B2B Payments

Reeco has raised $10 million in seed funding and expanded the availability of its hospitality procurement marketplace. The marketplace, which connects hospitality buyers and suppliers, uses...

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Russian Regulator Alleges Booking.com Broke Anti-Monopoly Law
Russian Regulator Alleges Booking.com Broke Anti-Monopoly Law
December 22, 2020  |  International

Russia’s federal anti-monopoly service (FAS) has accused Booking.com of reportedly violating antitrust laws in the country and abusing a dominant market position, according to Reuters...

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Travel’s Long Journey Back To Normal
Travel’s Long Journey Back To Normal
April 15, 2020  |  Travel Payments

While there are very few industries that have not been affected by the COVID-19 outbreak in some way,  travel as a vertical has been hit...

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COVID-19’s Chilling Effect on Summer Vacation Rentals
COVID-19’s Chilling Effect on Summer Vacation Rentals
March 23, 2020  |  Travel Payments

The travel industry is being decimated by the coronavirus. The cascade effect of multi-state lockdowns has had a chilling effect on any number of verticals,...

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Today In Payments: BoA Mortgage Customers Can Defer Payments; India’s Proposed Rules Will Force Big Tech To Turn Over Data
Today In Payments: BoA Mortgage Customers Can Defer Payments; India’s Proposed Rules Will Force Big Tech...
March 20, 2020  |  News

In today’s top news, Bank of America will offer mortgage, credit card and other loan deferments to customers impacted by the coronavirus, and India is...

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Coronavirus’ Contagion Spreads Across Travel Ecosystem
Coronavirus’ Contagion Spreads Across Travel Ecosystem
March 13, 2020  |  Coronavirus

New travel curbs imposed by President Donald Trump as the coronavirus spreads will send seismic shudders throughout the travel ecosystem — and by extension, the...

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