Travel Payments/page/4 news and trends

Expense Management Is Undergoing a Revolution, but Legacy Systems Hold Firms Back
B2B Payments // October 30, 2024

Every dollar of working capital matters to today’s businesses. That makes tracking and managing expenses important, as evidenced by “Grubgate,” where tech giant Meta fired more than 20 employees for abusing the company’s meal expense system. Yet effectively tracking and managing employee business travel and...

US Airlines, Hotels Lean Into Digital Tools Amid Uptick in Corporate Travel
Travel Payments // 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...

FinMont to Integrate The Payments Group’s Cash and eVoucher Solutions
Partnerships // October 24, 2024

FinMont partnered with The Payments Group (TPG) to provide more flexibility and improved payment capabilities for FinMont’s global network of travel industry merchants. With this collaboration, FinMont’s global payment orchestration platform will integrate TPG’s cash and eVoucher payment solutions, the companies said in a Thursday...

Brex and Navan Launch Integrated Business Travel and Payments Solution
Travel Payments // 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...

Interviews & Exclusives
74% of Travelers View Digital Wallets as Essential Gear for Vacations

September 23, 2024
The travel and hospitality sectors have long been anchored in traditional payment methods, like cash and credit cards. As consumers and employees voice their frustrations with outdated systems, adopting real-time payment solutions could revolutionize the industry. The PYMNTS Intelligence report “From Trips to Tips: How Faster Payments Can Elevate Travel and Hospitality” revealed that improved […]

After the July Fourth Fireworks, Look for Business Travel to Ignite

July 05, 2024
The barbecues will die down to a few flickering embers. The fireworks’ booming will echo and fade. And the summer getaways during the work-shortened week will give way to the...

How Supplier-Friendly Card Solutions Improve Business Cash Flow

July 02, 2024
Innovation is coming to the B2B space, providing businesses with streamlined and efficient payment solutions. Increasingly, these innovative B2B payment solutions are having a positive impact across both sides of...

PagBrasil Makes Its Move on International Payment Scene

June 24, 2024
Ultimately, it is the behavioral expectations of end-users that drive payments advances forward. And increasingly, what end-users want are streamlined, expedited and intuitive ways to pay for goods and services....

Quick Reads
Mastercard and NatWest Launch Mobile Virtual Card Partnership

November 04, 2024
Mastercard and NatWest partnered to introduce a mobile virtual card payment tool for businesses in the United Kingdom. Approval2Buy is the first service in Europe to use Mastercard’s mobile virtual card app, according to a Tuesday (Nov. 5) news release. “New payments technology presents new ways for businesses to progress and grow,” NatWest Managing Director […]

FinMont to Integrate The Payments Group’s Cash and eVoucher Solutions

October 24, 2024
FinMont partnered with The Payments Group (TPG) to provide more flexibility and improved payment capabilities for FinMont’s global network of travel industry merchants. With this collaboration, FinMont’s global payment orchestration...

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...

CellPoint and PayU Team to Provide More Travel Payment Options

October 02, 2024
Payments orchestration firm CellPoint Digital partnered with payment services provider PayU GPO. The collaboration is designed to provide more payment options to travel merchants that work with the two companies,...