AJ Blackston & Associates, LLC’s Post

6 Fintech Innovations To Bolster Personalisation Within Your Hospitality Firm LINK: https://lnkd.in/epFedpRv Hashtags: #BankingAndFinanceNews #Finance #Technology #FinTech Please LIKE & REPOST

Property owners should stay informed and adapt to the changing payment ecosystem. Our MD, Theresa Emerick, suggests embracing fintech solutions, mobile-first payment options, virtual cards and transparent pricing models to position your business for success. Find out which five payment trends you should currently be aware of >> https://lnkd.in/ds7cBKzY #NightsBridge #HomeGrown #WorldClass #AllinOneSolution #fintech #virtualcards #contactlesspayment #PaymentTechnology

What are we reading today at Kantox? 📚 An article about the 'fintechisation' of Travel (*). Kantox's Marc Padrosa Cabello dissects the seemingly unstoppable 'fintechisation' of the Travel industry. Some of the key points: - What lies behind this trend? To better serve customers —and to generate new sources of revenue —businesses are forced to collaborate with one another, offering products and services that individual companies could not create as effectively on their own. - Payments. Marc singles out Mews, Hopper, Booking.com and the French retailer C-Discount as examples of Travel-Fintech collaboration with a focus on payments. It's mostly about controlling the transactional flow while embedding solutions like Buy-Now-Pay-Later. - Behind the scenes. The author also discusses HBX Group and its 'Bed Bank' operator Hotel Beds. Behind the scenes and with less glitz, Fintech companies —in this case: Kantox— create solutions that allow firms to save on FX costs, while confidently 'embracing currencies'. - Testing the waters. Finally, Marc draws on his #CurrencyCast interview with Mario Gavira (Kiwi.com) and Mauricio Prieto to show how some participants are partnering with Fintech firms to have new payments solutions thoroughly tried and tested. (*) Marc Padrosa Cabello: "The 'Fintechisation' of Travel: glitz or reality", Travolution, March-April 2024.

FinTech and other applications of technology and finance are important to the hospitality industry, particularly in the conversations surrounding distributions. The goal of this tech is to further efficiency and automation, which is valuable for insights as well as planning and strategy. It's not about being an expert with tech or even with finance, but with using all that's available to us and merging the old with the new. #HospitalityIndustry #HotelFinance https://lnkd.in/gyP9j4d7

"While there’s no way to know for certain what tipping will look like in the future, it’s very clear in my mind that technology will be the key to connecting our digital and physical worlds." - The need for an end-to-end digital (cashless) tip payout solution is essential for operational efficiency to manage cash over/short challenges due to the volume of credit card tips being 85% or higher. Operators need to pay attention to the details though. There are multiple vendors that pass the cost of their solutions directly to the employee which reduces their payout below 100% of earning with a "nominal fee" of $0.75 to $0.99 per transaction. Don't subject your employees to any fees. #digitaltips, #cashlesstips, #Instanttips

🚀 Is the future of the Travel industry moving towards a full fintechisation? Our very own Global Travel Industry Director, Marc Padrosa Cabello, explores this question in a thought-provoking guest post for Travolution.com! Read the full article here 👉 https://bit.ly/3xBjcOh In this insightful piece, Marc examines: - The impact of fintech on Travel payments, customer experience, and risk management. - Whether this trend is just hype or a genuine game-changer for the industry. - How Travel companies can leverage financial technology to be more competitive and provide better user experience. ✈ Gain valuable insights and discover how your Travel business can thrive in the era of fintech! #fintech #traveltech #travelindustry #travolution #payments #customerexperience

In this collaboration, Nium will incorporate Thredd APIs into its single platform for instant global payments, accelerating its transaction speed to 200 milliseconds for issuing and loading virtual cards in nearly 30 countries around the world. Jim McCarthy, chief executive officer at Thredd, said, "APAC presents a substantial opportunity for global travel intermediaries that will in turn spur robust competition, a boon for consumers, and accelerated growth for the global travel ecosystem.” Spencer Hanlon, global head of travel payments at Nium, also said, "With a world of travel options now available in the palm of your hand, travel intermediaries and their hotel partners are under increasing pressure to reduce costs whilst maintaining a compelling customer experience.” #virtualcards #fintech #asiapacific ------ -[Awards] MARKETECH APAC is launching its inaugural "Marketing Technology Awards" where we recognise the groundbreaking achievements in marketing technology, uniting the brands and tech organisations within the region’s marketing community. Learn how your brand can be a part of it by checking it more details HERE: https://bit.ly/3SVtoIa -[Newsletter] To learn more about the latest news, trends and insights in the technology industry, subscribe to UpTech Media’s newsletter by filling out this form: https://lnkd.in/eKr8Se4y

🌊 The tide of change is upon us in the world of distribution and hospitality. From fintech to emerging trends, the landscape is evolving faster than ever. How will we adapt to stay ahead of the curve? Join the conversation as we explore the future of hospitality together. Read more: https://lnkd.in/ei6Y9H_u #HSMAIHawaii #DistributionTrends #FutureForward

A round up about how more Hospitality & Services businesses using tech platforms to enable more timely, frictionless gratuities which is increasing convenience but also concerns about "tipflation" #payments #financialservices #fintech

We’re excited to share more payments insights from our latest report on Travel Technology Investment Trends.  Here are some key findings: 🚀 Top Investment Driver: "Improving the user experience" is the leading reason for investment in payments, cited by 75% of travel payments leaders. 🌐 Top Challenges: "Orchestrating global payments flows" is a top five challenge cited by 40% of travel payments leaders.  "Managing multiple connections to payments partners" is the biggest challenge when handling cross-border payments, cited by 51%.  "Difficulty switching to new payments partners as needed" is a challenge for 36%. 📅 Upcoming Implementations: 30% of travel payments leaders plan to implement payments orchestration within the next 12 months.  21% of organizations already offer "embedded finance” services.  29% plan to offer embedded finance services in the coming year. At Outpayce, we're dedicated to empowering travel companies with cutting-edge fintech innovations aimed at simplifying the payment process. Dive into the full report to discover how payment leaders are investing to support growth: https://lnkd.in/e5Zs62Cy      #AmadeusTechTrends2024 #Payments  #Orchestration #EmbeddedFinance