Travel Payments

Travel Payments
Travelex Teams With NCR Atleos to Overhaul ATM Network
November 11, 2024

Foreign exchange brand Travelex is updating its ATM system in partnership with NCR Atleos. The collaboration, announced Monday (Nov. 11), will see Travelex replace the hardware and software of its collection of 600 ATMs in eight countries, allowing for new features such as contactless cash withdrawals. “We are making it...

Travel Payments
Booking.com Parent Eyes Job Cuts Amid Larger Reorg Plan
November 10, 2024

Booking.com is conducting a companywide review that could lead to job cuts. The online travel agency’s parent said in a Friday (Nov. 8) regulatory filing that this review would include “an expected workforce reduction,” as well as cost reductions like looking for real estate savings...

Travel Payments
Payments Orchestration Plays Major Role in Meeting Travel Business Complexity
November 07, 2024

Airlines run on two things: schedules and exceptions to those schedules. For the travel industry, building the plane itself represents a more straightforward, even simpler, exercise than getting it into the air and landing it smoothly. To ensure reliable travel — aligning schedules across global...

Travel Payments
US Airlines, Hotels Lean Into Digital Tools Amid Uptick in Corporate Travel
October 25, 2024

As business travel rebounds in the United States, airlines are reaping the benefits of renewed spending from corporate clients. Consider that 62% of CEOs expect their companies to increase travel budgets this year, according to a TravelPerk-commissioned report. This resurgence is fueled by the recognition...

Travel Payments
Brex and Navan Launch Integrated Business Travel and Payments Solution
October 15, 2024

Brex and Navan have launched a new joint offering for enterprises that streamlines travel payments into one workflow when using the Navan travel management system. The new BrexPay for Navan provides an integrated business travel and payments solution by bringing together Navan’s travel services and...

Travel Payments
CellPoint Debuts Alternative Payments Hub for Travel Merchants
September 25, 2024

CellPoint Digital has launched a suite of alternative payment methods for the travel sector. The payment orchestration company’s APM Hub debuts as travelers are increasingly turning to alternative payment methods (APMs) like digital wallets. “The launch of the APM Hub underscores the growing importance of APMs...

Travel Payments
Travala Integrates Solana Blockchain With Crypto Travel Platform
September 23, 2024

Cryptocurrency-native travel platform Travala integrated the Solana blockchain network. As part of the integration, Travala will add SOL travel rewards as an option for loyalty program members, while also deploying its AVA token — used to access its loyalty program — on Solana, according to...

Travel Payments
Report: American Airlines Considering Making Citigroup Sole Credit Card Partner
September 20, 2024

American Airlines is reportedly considering consolidating its business with a single credit card partner, potentially by making Citigroup its exclusive partner and dropping Barclays. The airline’s talks with banks and card networks are ongoing and the timing of an agreement is unknown, CNBC reported Friday...

Travel Payments
Airbnb: Long-Term Stays Present ‘Huge Growth Opportunity’
September 19, 2024

With some cities suffering housing shortages, Airbnb is eyeing long-term stays. The vacation rental company is focused on expanding its long-term rental business, meaning stays of 28 days or more, CEO Brian Chesky said at a travel conference, Reuters reported Thursday (Sept. 19). “Stays of...