Posted in Productivity Risk Service

Global Immigration Law Firm Creates Tech Company For Visa Processing, Tax Compliance

Immigration law firm Fragomen Worldwide partially spun out a tech company whose visa processing and tax compliance services are now available to the corporate travel…

Continue Reading...
Posted in Distribution Negotiating Service Suppliers

Former American Airlines Strategist Envisions Shift In Corporate Travel Discounts And Agency Incentives

What if airline incentives paid to travel management companies don’t rebound? Former American Airlines head of global sales and distribution strategy Cory Garner thinks carriers…

Continue Reading...
Posted in Suppliers

Updating Assessments Of CWT’s Debt, Fitch Ratings Says Business Travel Will ‘Somewhat Normalize’ By 2024

As it published an evaluation of CWT’s creditworthiness, Fitch Ratings on Thursday said the travel management company had “limited financial flexibility” and “a level of…

Continue Reading...
Posted in Distribution Productivity Suppliers

Ticket Asset Management Represents Billions In Risk And Value

The pandemic forced BCD Travel to manage nearly half a billion dollars worth of unused, nonrefundable tickets during the year ending last month. During the…

Continue Reading...
Posted in Payment Productivity Reporting Suppliers

‘Scrappy’ Business Travel Entrepreneurs At DVI And Roadmap Join Emburse For Acceleration

Spend management company Emburse, parent of Chrome River and Certify, last month acquired data analytics firm Data Visualization Intelligence and last week bought app maker…

Continue Reading...
Posted in Distribution Policy Productivity

The Pandemic Slowed Growth In Online Booking Adoption

The share of business travel bookings made online by travelers relative to phone or email with an agent fell for many entities in 2020. It…

Continue Reading...
Posted in Payment Risk

Agro Exec In Washington State Accused Of Stealing Half A Million By Using Non-Preferred Travel Management Company

The U.S. Attorney for the District of Oregon charged former grass seed company executive Christopher Claypool with multiple counts of wire fraud and money laundering,…

Continue Reading...