05 Mar 2019
In January 2018, the process of surcharging – extra fees of up to 20% that businesses levied on card payments – was banned under the European Payment Services Directive (PSD2). The roll out of the new regulation has forced companies across all industries to absorb the additional cost from transactions or redirect the cost back to the consumer. Co...
19 Jun 2018
Travel and tourism now accounts for a staggering 10.2 percent of global GDP . And, where there is money, criminals will follow. Add to that the specific nature of travel transactions – high value one-off payments, rapid consumption and the sheer number of suppliers across the globe – and the travel sector is a huge target for fraud. Our new resea...
23 May 2018
Thanks to the fintech revolution, today’s consumers have more choice than ever in how they pay. This is especially true in Asia. In India, for example, there are already around 60 non-banking providers offering digital payment services, including Paytm, MobiKwik and Amazon Pay, which have grown in popularity since the country’s announcement of dem...
09 Feb 2018
The effects of the political and economic uncertainty that we witnessed in 2017 – such as the fluctuating Pound – are sure to continue to feature throughout the coming year. There’s no rest for travel companies. They must be discerning when it comes to managing their businesses effectively to ensure they remain in the black and can continue to pr...