Articles tagged “financial services”

Loyalty programs are more important than ever – but travelers are moving beyond status tiers and points to seek relevance, reassurance, and value. As expectations rise, credit cards have emerged as a key force in the loyalty ecosystem, offering the flexibility, personalization, and protection travelers now demand.

Worldia wants to help travel agents book several parts of a trip through a single platform, and Travel.win is curating travel products that credit card companies can use for their loyalty programs.

Mastercard is planning to make a minority investment in Conferma Pay, a fintech company acquired earlier this year by Sabre Corporation.

Booking Holdings is hiring rapidly at its new engineering office in Bengaluru, India, to work on new projects such as how to verify guest identification with machine learning and new…

This deal with MakeMyTrip is likely to be the first among several tech agreements that Hopper will make with rival online travel agencies. This potentially could become a big side of Hopper's overall operation.

The pandemic caused massive disruption for travel industry financials, decimating balance sheets and driving large debt loads. Yet travel demand is coming back more quickly than expected, and companies that take advantage of strategic financial opportunities now will be in a position to control their own destinies through the recovery and beyond.

Bookings Holdings Fintech boss Daniel Marovitz says payments is arguably the world's largest industry. Across the online travel universe, look for payments to eventually become a line item — and very material to companies' financials.

Running an airline isn't easy, and neither is launching ridesharing, financial services, and delivery businesses from scratch. AirAsia has its work cut out for it in terms of the required investments and trying to be everything to everyone in Southeast Asian markets with entrenched incumbents.

Like Traveloka in Indonesia, Argentina's Despegar is making strides in financial services. Amsterdam-based Booking.com is busy building a payments platform, and Grab Taxi in Southeast Asia has a lending and insurance arm. Megatrend, yes.