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Articles tagged “credit cards”

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Travel Booking

Reassessing the State of Loyalty for Travel and Lifestyle Credit Cards in 2023

As the demand for travel keeps growing, consumers expect more from loyalty programs. To help providers increase cardholders’ engagement, iSeatz has released the new “State of Loyalty: 2023 Credit Card Rewards Report,” uncovering point-redemption strategies, trends, and gaps in the North American travel loyalty space.

iSeatz + Skift | 1 year ago

Reassessing the State of Loyalty for Travel and Lifestyle Credit Cards in 2023

Tourism

Mastercard Warns Travel Demand Will Hit a Peak Slowing Revenue Growth

A looming worldwide recession will likely put a dent in the pent-up demand for travel that many experts had believed wasn't going to decrease in the near future.

Niket Nishant, Reuters | 1 year ago

Mastercard Warns Travel Demand Will Hit a Peak Slowing Revenue Growth

News Blog

Sonder’s Data Breach Exposes Guest Records

Hospitality company Sonder Holdings said that it has been investigating a data breach involving unauthorized access to some guest records. The company believes that guest records created prior to Oct. 1, 2021 were involved in this incident. The information that has been accessed includes username and encrypted password, credit card information. Additionally, Sonder believes that…

Peden Doma Bhutia | 1 year ago

Travel Booking

Mastercard’s Weak Forecast Overshadows Upbeat 3rd Quarter Boosted by Travel

While credit card companies continue to benefit from the travel rebound, Mastercard's earnings call might be a reality check for industries that rely on discretionary spending.

Manya Saini and Niket Nishant, Reuters | 2 years ago

Mastercard’s Weak Forecast Overshadows Upbeat 3rd Quarter Boosted by Travel

Tourism

Visa’s Profits Get a Pop From Travel Payments

Travel companies say they have not seen any slowdown in demand despite prognosticators calling for an economic slowdown. So no surprise then that the credit card companies are riding that upswing.

Mehnaz Yasmin, Reuters | 2 years ago

Visa’s Profits Get a Pop From Travel Payments

Business Travel

American Express Preps for Downturn Despite Boost From Travel Spending

Concerns about economic headwinds are real for American Express, but it is still forecasting a great full-year — thanks to surging leisure and business travel.

Mehnaz Yasmin and Niket Nishant, Reuters | 2 years ago

American Express Preps for Downturn Despite Boost From Travel Spending
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Business Travel

Skift Global Forum: Capitalizing on a More Seamless Travel Payments Ecosystem

In this video from Skift Global Forum 2022, we hear from Jeni Mundy, global head of merchant sales and acquiring at Visa, about the rise of contactless technology, enhancing traveler touchpoints, and the future of digital payment innovations.

Visa + Skift | 2 years ago

Skift Global Forum: Capitalizing on a More Seamless Travel Payments Ecosystem
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Travel Agents

Skift Global Forum Video: High-Touch Service in an Era of Change

In this video from Skift Global Forum 2022, we hear from Audrey Hendley, president of American Express Travel, about how the company is tailoring its services to capitalize on the latest travel trends while continuing to build trust with customers.

American Express + Skift | 2 years ago

Skift Global Forum Video: High-Touch Service in an Era of Change

Business Travel

U.S. Companies Are Cutting Budgets for Business Trips by 25 Percent

Tighter, leaner policies could put the brakes on the surge in travel that we've seen in recent months, a warning sign of economic trouble ahead and more bad news for business travel's full recovery.

Matthew Parsons | 2 years ago

U.S. Companies Are Cutting Budgets for Business Trips by 25 Percent

Tourism

American Express Gets a Boost From Increased Travel Spending

American Express raising its annual revenue forecast, in large part due to increased travel spending, is a major sign a possible recession won't dent travel's recovery.

Mehnaz Yasmin and Manya Saini, Reuters | 2 years ago

American Express Gets a Boost From Increased Travel Spending