Tag Archives: Conferma

Teleconference 9: Payment

Payment May 11, 2017, at 12 pm EDT Download the recording here. Gift the recording here. Get the slides here. Payments underpin travel management. Ease-of-use for travelers and data for employers are vital. To delve into this topic, we talked one-on-one with Citi managing director Gonca Latif-Schmitt, head of the bank’s commercial card business in North America.… Read More »

Conferma Virtual Card Advance Isn’t The End Game

Much work is needed for email authorizations to supplant old-fangled faxes as the de facto standard for virtual card authorizations. That is, if the industry cannot first dispense with both. Conferma last month described its new encrypted email solution as a PCI-compliant “breakthrough.” The company says it is cheaper than sending faxes and approved by… Read More »

GBTA Speakers Attempt To Answer Virtual Payment’s Questions

Denver – Despite its headaches, travel management pros who use virtual payment say it’s too beneficial to pass up. Speakers here during the Global Business Travel Association convention last month raised, and attempted to answer, the many questions. Virtual payment is a popular option for travelers without corporate cards. It cuts accounting reconciliation times and… Read More »

New Head Of Sabre Corporate Products Enacts Integrated Booking, Mobile And Payment Strategy

Company veteran Yannis Karmis left Sabre in January as the firm reorganized its approach to the corporate market. Led by newcomer Clinton Anderson, the ambitious strategy includes a new path for GetThere but ditches TruTrip. It seeks to solve the tricky issue of out-of-program spend. It aims to deliver heretofore untapped potential in payments and mobile. It’s benefiting from… Read More »

Riot Games Coping With Corporate Travel’s Virtual Card Adolescence

Virtual cards are still a work in progress, but Riot Games travel wizard Sean Parham isn’t ready to give up on them. He’s now on his second try. The intended benefits — reduced fraud, easier reconciliation and a seamless traveler experience including an easier expense process — are just too tempting. Last year Parham pulled the… Read More »

Virtual Payment Attracts Competition In Cindy Allen’s PayForTrip

[UPDATE, Feb 3, 2017: We published new information related to this article here.] Late of Concur, Cindy Allen and Kathy Burns are looking to cash in on growing interest in the benefits of virtual cards. Their newly unveiled firm, PayForTrip, is the first startup from Allen’s Team Catalyst Holdings. Burns is PayForTrip’s chief commercial officer. PayForTrip will… Read More »

Sabre GetThere Latest On Corporate Travel Virtual Card Bandwagon

[UPDATE: Dec. 2, 2016: Sabre announced that it added a virtual payment option for airline bookings within the Sabre Red Workspace, furnished with payment firm Conferma. Sabre described the new “standard form of payment” at the agent point of sale as an industry first. The integration “eliminates the need for mid/back-office providers and online corporate… Read More »