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Leading The Recovery And Inundated With Spend Management Options, U.S. SMEs Get One From Amex GBT

The largest player is after the market’s smallest accounts, which by many accounts are leading the business travel recovery. Continuing a customer segmentation strategy, American Express Global Business Travel last week brought to the United States an employee spend management solution for small and medium-sized enterprises first introduced last year in the United Kingdom. With…

Op Ed: Stefan Wälde On Why ‘Request To Pay,’ Europe’s Answer To PayPal, Apple And Google, Will Change Payment Processes

In this guest post, Stefan Wälde of AirPlus offers a primer on Request to Pay and highlights its potential for commercial transactions. In the digital age, customers have many options for paying for their products and services. For this reason alone, it was important and right that the European Payment Services Directive (PSD2) was implemented…

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Startup TravelBloc To Leverage Blockchain, Artificial Intelligence In Business Travel Marketplace For Small And Medium-Sized Firms

A startup that checks some of the buzzy boxes is looking to create a business travel marketplace without much of the traditional distribution infrastructure. TravelBloc will target the unmanaged and small and medium-sized business segments. It plans to enlist travel management companies for support and use a global distribution system, but direct connections to airlines…

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‘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 Roadmap. At a time when corporate travel remains mostly dormant, the forward-looking stories of these deals mirror classic business tales of challenge and opportunity. “These are two companies that built…

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

[UPDATE, July 8, 2021: Claypool on Wednesday was sentenced to three years in federal prison. He agreed to forfeit $7.8 million in “criminally derived proceeds” after already paying more than $8 million in restitution.] The U.S. Attorney for the District of Oregon charged former grass seed company executive Christopher Claypool with multiple counts of wire…

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UATP Helped Solve The Unused Ticket Dilemma, But Airline Policies Vary

As the pandemic emerged and unused airline tickets piled up, UATP became a popular way to store the credit for future use. If you’re confused about the timeframes, fees and minimum funds required, you are not alone. They vary from one airline to the next. For its program, United will reintroduce fees starting next month….

Op Ed: Jean-Christophe Lacour On The Potential Impact Of Strong Customer Authentication For Payment

Amadeus recently conducted research to assess the travel industry’s readiness for new payment security rules in Europe. Jean-Christophe Lacour, the company’s head of merchant services for payments, explains what is changing and when, and discusses the implications. The way consumers make payments in Europe will enter a new era from Dec. 31, 2020, (September 2021…