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The Company Dime delivers essential insights into the rapidly evolving world of corporate travel payments. Our in-depth reporting illuminates the complex ecosystem of payment solutions, helping subscribers understand this critical aspect of travel management.
Readers can expect a thorough analysis of emerging technologies and payment landscape trends. From the rise of virtual cards and contactless payments to the potential of blockchain and artificial intelligence, we closely track the innovations transforming how companies pay for travel.
Subscribers also benefit from our scrutiny of the regulatory environment and its impact on corporate travel payments. We monitor developments such as the European Union’s Strong Customer Authentication rules and India’s payment tokenization requirements, providing timely updates and expert analysis.
Check out our case studies and success stories showcasing how leading companies leverage innovative payment solutions to drive efficiency and cost savings. These real-world examples offer valuable lessons.
We also illuminate the darker corners of the payment world, exposing hidden costs, fraud and other potential pitfalls, and arm subscribers with the knowledge they need to avoid common traps.
Our coverage features insights from thought leaders across the payment ecosystem, including banks, fintech startups and travel management companies. These expert perspectives help readers stay ahead of the curve in a fast-moving field.
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San Diego – Industry players are working to smooth out the rough spots in virtual payment for managed travel. Even without commonality across all the players, many travel program managers are finding the benefits of virtual payment too good to pass up. Reducing fraud, streamlining reconciliation and making things easier for travelers without corporate plastic…
Released last month, Grasp Technologies’ latest version of the GraspPay virtual payment system integrates with online booking tools via XML connections. Aside from SAP Concur’s work to integrate virtual payment with its Compleat mid-office system, no parties had accomplished seamless online booking tool integration, Grasp vice president Dave Lukas claimed. Lukas said Grasp’s “prominent integrations” are…
AirPlus International and Cornerstone Information Systems are working together on virtual card programs. According to an AirPlus official, the companies are piloting with select customers back-office integration through Cornerstone’s iQCX system. The official said clients would not need a virtual payment intermediary like Conferma. AirPlus first brought its virtual payment solution to the U.S. market…
[UPDATE, Jan. 9, 2019: The airline working with ARC and Blockskye is United Airlines. Find more information here.] Blockchain startup Blockskye is running a proof of concept with the Airlines Reporting Corp. and also working with an unnamed airline and Fortune 100 corporate account to build a robust direct-booking and payment program. Blockchain would not enable…
UATP for the first time will allow travel management companies to issue their own payment accounts. The program is starting in the United States as a means to accelerate UATP’s growth in the market. The payment network expects to announce the first TMC issuers later this quarter or next. UATP is a payment plan created…
Conferma relaunched its TripPay Android and iOS mobile app with a new name and some new features. Now called Conferma Pay, it is “the first app to support creating and receiving of virtual cards for business on a mobile device across multiple banking partners,” according to the company’s website. As with pre-existing virtual cards, the app…
Online payments company Stripe announced Stripe Issuing, a platform for creating and managing physical and virtual cards. This includes creating “employee expense cards with dynamic spending limits.” Physical cards “can feature customizable designs, and ship in a few days,” according to a Stripe blog post. Virtual cards “can be used instantly through mobile wallets.” Admins…
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