Month: July 2015

Price Assurance Firms Go Global, Add Features

Price assurance remains an active area of development for corporate travel. Madrid-based Trappit now is challenging Yapta on the global stage for airfares. It’s got a hotel product in the works, too. Hotel-only provider TripBam, meanwhile, rolled out some significant enhancements during the past few weeks. The basic idea is to continually check already-purchased seats or rooms against newly published rates, and cancel/rebook if appropriate. There are several considerations. TripBam’s…

What To Know About The Chip Card Shift

A liability shift in October will transfer responsibility for covering U.S. card payment fraud to the party with less secure payment technology. Cards with chips are considered safer because they generate a unique code for each transaction, making counterfeiting seemingly impossible. Merchant locations without terminals capable of reading chip cards will be on the hook when fraud occurs. If issuers…

Despite Published Info, Apple Pay Still Not Available For Corporate Cards

[UPDATE, April 8, 2016: We published new information related to this article here.] Some travel managers and TMCs are fielding questions about when Apple Pay will be available for corporate card users, but don’t trust the website. At press time, Apple showed five institutions as providers of corporate cards supporting Apple Pay. They weren’t exactly commercial payment heavyweights, but it appeared to be a start….

Digging Deeper For Fare Bundles

JetBlue last week began selling bundled fares in a new three-tier structure. The content is accessible in global distribution systems, but most corporate self-booking tools don’t yet fully display the options. AmTrav last week claimed its homegrown booking tool was first. Hooking up the new content isn’t about connecting to an API or building an alternative mechanism, said AmTrav CEO Jeff Klee….

Airbnb Plans Better-Curated Business Listings

Airbnb has set up a pilot program in San Francisco to “help hosts tailor their listings to business travelers.” It’s now gathering “business-ready” property information. Among the qualifications, the property must be listed in its entirety, keys must be available at all hours on check-in day, pets and smoking are not allowed and the host must have accepted at least three bookings in…

Coupa, Chrome River Bag Millions

June was a huge month for two of Concur’s California-based competitors. Coupa raised $80 million at a valuation of $1 billion. Chrome River picked up $100 million, declining to disclose its assessed worth. Enterprise tech is attracting venture capital as established and new providers exploit mobile and cloud technology. The moves also reflect a competitive expense management software marketplace following SAP’s $8 billion deal last…

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