Who says airlines and suppliers can't innovative? Every year, they file for many unusual patents to protect their intellectual property. The problem? Most of the ideas never hit the market.
We spoke with MasterCard SVP, Global Merchant Development Catharina Eklof about her experience at Skift Global Forum, Mastercard's evolution from payment provider to technology leader, and the eventual convergence of messaging and payments.
The Asia-Pacific region is continues to grow as a powerhouse of international travel destinations. But the global cities enjoying the most spending from international travelers remain the usual suspects.
These data points outlining massive amounts of visitor arrivals and spending should be enough to convince travel brands that the time has come to show these travelers that they matter.
Cities are the future of travel and if Africa wants to expand its offerings beyond safaris, beaches or Ancient Egyptian temples, it'll need to build its cities as gateways that travelers feel comfortable and excited about visiting.
If this index says anything it's that Muslim travelers are most comfortable traveling and spending on shopping in countries in Asia and where Muslims hold the majority of the population.
MasterCard and its credit card rivals can maintain their edge over insurgent payment systems only if they keep their focus on the consumer rather than what they can get out of the consumer.