Travel Payments

  • Serving Up Local Life, On Demand, Around The World

    June 6, 2019 Serving Up Local Life Around The WorldThe world has become so flat that it is impossible to have a truly local experience, because “local” no longer exists. At least not in major world destinations, if a ...
  • Data Leak Discovered In Marriott’s Management Company

    May 31, 2019 Data Leak Discovered In Hotel Management NetworkA cybersecurity research team at vpnMentor has discovered that The Pyramid Hotel Group, which manages Marriott and other hotel brands, underwent a data leak exposing vulnerabilities that could potentially be ...
  • Stepping Into 21st-Century Hospitality With Short-Term Tech

    May 31, 2019 apartment shareSome entrepreneurs are inspired to start companies because they spot unmet needs in the market: Frontdesk Co-Founder and Chief Growth Officer Jesse DePinto, for instance, saw the amateur nature of ...
  • Chinese Travelers Stop Coming To US

    May 28, 2019 Chinese Tourism To US Down After Years Of GrowthChinese tourism in the U.S. declined at a fast clip last year, ending what had been years of growth. According to a report in the AP, citing the National Travel and ...
  • Customer Service Can Be A Competitive Advantage For Digital Platforms

    May 24, 2019 Customer Service As An Advantage For PlatformsThe crux of the Payments and The Platform Economy Playbook is that with 162 million workers in the U.S. and Europe currently involved with the gig economy, projected to be ...
  • Travel Managers Battle Growing Fraud Threats

    May 24, 2019 Travel managers are battling against card skimming and other types of fraud — and the instances of fraud are on the rise, according to a recent study. Elsewhere, the U.S. ...
  • Why AI Could Be Fashion Rental Platforms’ Next Big Thing

    May 23, 2019 Technology may be changing, but the level of service consumers want from businesses is not. With a growing number of consumers around the globe now participating in the sharing economy, customer ...
  • Data Dive: New Ideas, Expected And Not, Edition

    May 20, 2019 Data Dive: New Ideas, Expected And Not, EditionSome changes, advances and adjustments are expected – they are clearly part of a long-term strategy playing out, or an obviously useful pivot that expands what a brand can do. And ...
  • Amazon India Now Sells Airline Tickets

    May 17, 2019 Amazon Pay In India Now Offers Airline TicketsAmazon Pay in India, which already allows customers to do things like pay bills and borrow money, has added the ability to book airline tickets, according to reports. The eCommerce giant ...
  • GetYourGuide Closes $484M Round Led By SoftBank

    May 17, 2019 Travel booking platform GetYourGuide announced that it has raised $484 million in Series E funding, led by the SoftBank Vision Fund. The round also saw participation from co-investors Temasek, Lakestar, Korelya ...
  • Taco Bell To Open ‘The Bell’ Hotel

    May 16, 2019 QSR Taco Bell To Open 'The Bell' HotelTo provide consumers with an immersive way to experience its brand, Taco Bell is launching The Bell: A Taco Bell Hotel and Resort in Palm Springs, California for a limited ...
  • Startups Merge To Take On Airbnb

    May 15, 2019 Four Short-Term Stay Startups Form New CompanyA group of four short-term stay startups in Europe have teamed up to create a new company and take on leader Airbnb. Earlier on Wednesday (May 15), BNBbuddy, The London Residents ...
  • Google Makes It Easier To Plan Trips

    May 15, 2019 Google is launching a product that will make it easier for users to plan and organize their travel plans. The new product will integrate flight and hotel search functions, as ...
  • Tapping Into Apps To Make Business Travel Easier

    May 14, 2019 Tapping Into Apps To Make Business Travel EasierBusiness trips can inspire entrepreneurs to create new lodging options. William Lucas was inspired to start Mint House based on his choices in finding a place to stay for work. ...
  • What Does Innovation Mean For Small Hospitality And Food Service Businesses?

    May 9, 2019 Small businesses might be optimistic about the future. In the accommodation and food services industries, they are also ready to innovate. According to the PYMNTS Retail Innovation Readiness Index, powered by ...
  • Can Air Travel Ticketing Subscriptions Take Off?

    May 7, 2019 airplaneTravelers have purchased individual airline tickets for years, but digital innovators are allowing them to buy a set number of one-way trips ahead of time. Take Wanderift, which provides this ...
  • NCR Acquires Restaurant POS Firm

    May 6, 2019 Payment Technology Company NCR Acquires Texas P.O.S In Bid To ExpandNCR, an Atlanta-based payments technology company, has acquired Texas P.O.S., a Houston-based provider of point-of-sale (POS) solutions for restaurants and merchants, according to a press release. The move is a bid ...
  • Taking The Pain Out Of Vacation Planning

    May 6, 2019 lake-front vacation houseThe weather is warming, school years nationwide are winding down and the summer vacation season is creeping up. Somewhere between 50 and 70 percent of Americans will take some kind of ...
  • EU Regs Hear More Calls For Commercial Card Swipe Fee Caps

    May 6, 2019 As European Union (EU) authorities continue to combat interchange fees charged by credit card companies Visa and Mastercard, some are now calling on such regulatory action to apply to corporate ...
  • How Online Platforms Bring Creative Combinations To Hotel Reservations

    May 3, 2019 hotel roomTo provide consumers with less expensive and more flexible booking options, eCommerce innovators are taking new approaches to hotel reservations. Splitty Travel, for instance, allows consumers to combine two rate ...
  • OYO Acquires Leisure Group For Europe Expansion

    May 1, 2019 OYO Acquires Leisure Group For Europe ExpansionIndian budget hotel startup OYO, which is backed by companies like Airbnb, SoftBank and Didi, has acquired @Leisure Group from Axel Springer for around $415 million (€369.5 million), according to ...
  • ‘Apart-Hotels’ And Turning Apartments Into Boutique Lodging

    May 1, 2019 Apart-Hotels Turn Apartments Into Boutique LodgingSome entrepreneurs are inspired to start companies that stem from their passions: Nitesh Gandhi, founder and CEO of “apart-hotel” company Locale, was drawn to design, architecture and spaces while growing ...
  • Visa Powers Virtual Payments For Sabre

    April 30, 2019 airportGlobal travel industry technology provider Sabre announced a partnership with Visa, the payments company, to support business-to-business virtual payments in the travel industry. In a press release, Sabre and Visa said ...
  • Marriott Takes On Airbnb

    April 29, 2019 Marriott Plans Homesharing BusinessTo compete with Airbnb along with other homesharing companies, Marriott International is reportedly starting a business for home shares. Unnamed sources claim the firm could soon debut details for the ...
  • Why Hostelz.com Stopped Accepting Payments

    April 29, 2019 Why Hostelz.com Stopped Accepting PaymentsThe hostel industry has rapidly grown since the first one opened in Altena, Germany in 1912. The market now serves millions of international travelers and is worth $5.5 billion. Dozens ...
  • SoftBank To Take Part In Investment Round For GetYourGuide

    April 29, 2019 GetYourGuide, the German startup that lets people find and book travel tours based on a catalog of more than 35,000 activities, may have raised €500 million in venture funding. According to a ...
  • Airbnb To Produce TV Shows Ahead Of Upcoming IPO

    April 24, 2019 AirbnbHome-sharing and hospitality online marketplace Airbnb will expand into show business with a variety of new original travel shows, Reuters reported.   The plan is being heavily touted for the $31 ...
  • Selina Raises $100 Million In Funding For Expansion

    April 24, 2019 digital nomad hospitalitySelina, the hospitality startup, announced Wednesday (April 24) that it raised $100 million in a round of funding. In a press release, Selina said the Series C round of funding was ...
  • Startups Look To Disrupt $120B Online Travel Sector

    April 23, 2019 Travel Startups Personalize Airport PickupsA group of startups is setting its sights on the travel activities industry, which is the fastest growing segment in the tourism market. The startups are targeting millennials around the world, ...
  • Spring Break Goes High-Tech

    April 20, 2019 Spring Break Goes High-TechFrom smart bags to social media, spring break is becoming a surprisingly digital and high-tech travel period in the U.S. The words “spring break” evoke all kinds of mental images. Beaches, ...
  • Study: Hotels Often Leak Guest PII

    April 10, 2019 data breachA study by Symantec, a cybersecurity company, showed that two out of every three hotel sites have leaked personal data, which could include credit card and passport information, according to ...
  • Can Platforms And Payments Solve Restaurants’ 73 Percent Turnover Problem?

    April 8, 2019 Good waiters are hard to find. According to the Bureau of Labor Statistics, they are even harder to keep, as the restaurant worker turnover rate is 73 percent every single year. This was ...
  • OYO Teams Up With Softbank For Japanese Expansion

    April 4, 2019 OYOOne of India’s largest hospitality companies, OYO, is expanding into Japan with the help of its biggest investor — Softbank. The joint venture will cover rentals for homes and hotel ...
  • Travel Startups Take A Personalized Approach To Airport Pickups

    April 2, 2019 Travel Startups Personalize Airport PickupsTravel companies often tackle the odyssey from home to destination and back, but Welcome Pickups is taking a different approach. The Greece-based company focuses squarely on transportation and other services ...
  • Deep Dive: Competition Brings Innovation Into Focus

    April 2, 2019 Merchants in both the food and accommodation space are interested in investing innovation to stay competitive. However, these merchants offer relatively few in-store features. The following Deep Dive examines how ...
  • easyJet: Drawn-Out Brexit Could Impact Earnings

    April 2, 2019 Amid the pending withdrawal of the U.K. from the European Union (EU), easyJet noted that travelers are more reserved with their ticket bookings as the the future relations between Britain ...
  • Logistics Scores Another Unicorn For B2B Startups

    March 29, 2019 Equity investments reigned this week, thanks to backing for accounts payable (AP) automation firm MineralTree and treasury management company Kyriba, but it was the logistics market that saw the largest ...
  • Why Hotels And Restaurants Struggle With POS Innovation

    March 26, 2019 When it comes to implementing innovation, trying and succeeding are two different things. This is a fact that hotels and restaurants know all too well. As much as 77.4 percent of ...
  • Data Dive, Big Launches Edition: Google, Sephora And PayPal

    March 18, 2019 Mid-March is more famous for spectacular endings than big beginnings – likely because one of the more high-profile political assassinations (and BFF break-ups) in history is forever associated with the ...
  • How Digital Verification Creates Seamless Experiences For Shoppers

    March 18, 2019 How Digital Verification Creates Seamless Experiences For ShoppersIn the digital age of subscription boxes and rideshares, consumers expect seamless experiences, whether they are ordering clothes for their wardrobes or hailing rides to their destinations. And the onboarding ...
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