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Payments in the travel industry are more demanding and challenging than in other verticals. Not only is travel cross-border and ever-changing, it also involves complex supply chains (and thus payment chains) spanning hotels, airlines, car rentals and a wide range of other transport and travel servic
There was a time when handling business payments usually meant working with banks. But today, thanks to the growth of fintech and open banking, there are many payment service providers (PSPs) who can offer B2B and B2C solutions for all types of enterprise. Because the payments industry is highly com
The global gig economy offers companies access to an ever-expanding pool of skills and knowledge. The race for this talent is intensifying in the remote work era, as more highly skilled professionals turn to independent contracting, and businesses shift their perceptions of outsourced skills and exp
Over the past decade the gig economy has rapidly expanded worldwide, due to increasing digital innovation, lower costs for employers, and flexibility for workers. Countries are now beginning to update their regulations in response, as they attempt to work out how to regulate a new economic sector. T
Published Jun 24, 2020 Global payments are at an all-time high with revenues expected to hit $2 trillion by the end of 2020, according to McKinsey [1]. Per capita international transactions have risen to 0.7 annually from 0.5 in 2014. However, large enterprises, mid-sized corporations and financial
Published Aug 24, 2020 Picture this: a beautiful, cosy house, in a great neighbourhood — trimmed lawns, neighbours that mind their business, peace and quiet, but no roofing above the house. Sounds absurd, right? Now imagine again: an active, global-reaching marketplace with quality sellers and buyer
Published Aug 25, 2021 Company Pelikin is a Travel Fintech start-up based in Melbourne, Australia. It’s committed to helping young travelers manage their money overseas, easily and transparently. Challenge Pelikin launched in December 2019 with a local bank handling their card issuance. When the pan
Published Sep 1, 2021 Payment systems are often described as ‘rails’, which means platforms or networks that facilitate the movement of money between payers and payees. When a payment is initiated, and it’s not a simple cash transfer, the transaction will be completed via a complex flow of informati
Published Oct 1, 2021 Company TransferGo is a UK-based Fintech startup on a mission to shake-up the international money transfer sector. Frustrated by poor customer service, large fees and no online service options, its founders launched the firm in 2012 with the goal of making global money transfer
Published Aug 24, 2021 Online travel agents (OTAs) face many challenges – economic uncertainty, geopolitical fluctuations, airline strikes and climate issues are just some of the things that can hit their profit margins. Needless to say, the impact of Covid-19 is the biggest risk at the moment. Whil
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