Week in Review
Catch up on the latest business travel news for the week of Sunday, January 21.
Catch up on the latest business travel news for the week of Sunday, January 21.
Each year, companies spend millions of dollars on travel expenditures across a number of payment methods. While corporate cards, Central Travel Accounts (CTAs) and an employee’s personal card are currently the most popular payment methods, alternatives, like virtual payments, for corporate travel are making their way onto the scene as options with less upfront control…
Today’s guest blog post comes from Brad Bennett, product marketing manager, corporate solutions, at Sabre. Are you prepared to be tomorrow’s travel manager? None of us know what the future holds, but we do know that the life of a travel manager in 2020 will be different than it…
Today, the GBTA Foundation released a new study on virtual payment solutions sponsored by U.S. Bank. The following press release went out announcing the new report: Majority of Suppliers Accepting Virtual Payments About 20 percent of American businesses today pay for travel using cardless single-use “virtual” accounts, up from 13 percent last year, according to a…
Alexandria, VA (April 25, 2019) – Nearly 70 percent of travel buyers say their business travelers have been affected by a payment-related data breach from an outside vendor such as an airline, hotel or retailer in the past year, according to new research out today from the Global Business Travel Association (GBTA) in partnership with AirPlus International. The research also reveals that travel buyers believe the risk of fraud is growing, with two-thirds (68 percent) saying travel programs face a greater risk of fraud today than they did two to three years ago.
For this week’s episode, The Business of Travel talks business travel payment trends. Earlier this year, GBTA released a new research project, in partnership with AirPlus International, identifying key trends around travel payment. For the podcast, Kathy Cantwell of AirPlus and the GBTA Payment Solutions Committee joined GBTA Senior Research Analyst Mark Sharoff to talk…