Posted September 18, 2017

European Air Payment Is In Flux On Multiple Fronts

The Beat reported this month that airline members of the International Air Transport Association will vote in November on whether to accept travel agencies' own payment cards for tickets. It's one of several major issues transforming how travel management companies handle air payments, especially in Europe. Read More »
Posted by: Amon Cohen | More by Amon Cohen
Posted September 6, 2017

IATA Airlines Will Vote On Lifting Ban On Agency Card Payments

Travel agents accredited by the International Air Transport Association could be allowed to pay airlines using their own cards for the first time if carriers approve a significant change to the association's contentious Resolution 890. Read More »
Posted by: Amon Cohen | More by Amon Cohen
Posted July 5, 2017

TMC Hotel Reservations Are Among Those Compromised In Sabre Synxis Breach

Sabre has completed an investigation into the unauthorized access of its Synxis Central Reservations system, which is used by more than 36,000 hotel properties worldwide, according to a statement from the company this week. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted May 18, 2017

How Many Trip Options Do Bookers Need? One Will Do For Daimler

Many travel buyers obsess over supplier deals and policy compliance as they try to keep a lid on travel costs. Yet, "the real cost driver is the fact that we are generating a lot of administrative efforts with our travelers," Daimler head of global travel management Bernd Burkhardt said in a recent interview. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted March 2, 2017

Concur Co-Founder Steve Singh's Corporate Card Startup To Launch This Month

Concur co-founder Steve Singh has made no attempt to keep hush-hush on his latest business endeavor, a company called Center ID that touches on corporate payment, digital wallets, identity management and small business spend controls. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted September 29, 2016

Appeals Court Reverses DOJ's Antitrust Win In Favor Of Amex

A U.S. court of appeals this week ruled in favor of American Express and reversed an earlier U.S. district court decision that had sided with the U.S. Department of Justice to prohibit Amex's "non-discrimination provisions" on merchants. Read More »
Posted by: JoAnn DeLuna | More by JoAnn DeLuna
Posted October 12, 2015
Greg O'Hara

INTERVIEW: Certares Founder, American Express GBT Chairman Greg O'Hara

Arlington, Va.—Last year, a group led by Certares and its founder, Greg O'Hara, invested $900 million in American Express Global Business Travel, establishing a 50-50 joint venture with American Express. Now, the longtime industry power broker is chairman of American Express Global Business Travel; sits on the board of Travel Leaders, in which Certares also has invested; and is looking far and wide for more places in travel and related sectors to inject capital. Previously chief investment officer of JPMorgan Chase's Special Investments Group and managing director of JPMorgan private equity arm, One Equity Partners, he has held executive roles at Worldspan and Sabre and has sat on the boards of Carlson Wagonlit Travel, Travelport, Worldspan and others. O'Hara sat down with The Beat Editor-in-Chief Jay Boehmer at The Beat Live conference here last week for an on-stage interview. An edited transcript follows. Read More »
Posted June 18, 2015

Amex Stay Lifted, Southwest Eager To Steer To New Payment Platform

An appeals court this week denied American Express' motion to wait until the end of its appeal before amending merchant provisions deemed unlawful. Instead, a previously issued court order to alter those agreements will go into effect next month, freeing merchants to steer customers from Amex to preferred forms of payment. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
Posted May 20, 2015

Federal Court Denies Amex’s Request For Stay On Merchant Rule Changes

A U.S. district court on Tuesday denied American Express' request to wait until its appeal is over to amend merchant provisions the court had deemed unlawful. Instead, the court gave Amex 30 days to seek a longer stay from an appeals court, during which time the merchant deals will remain in place. Read More »
Posted by: JoAnn DeLuna | More by JoAnn DeLuna
Posted April 17, 2015

Southwest Pans Amex Merchant Pact Revisions, Pines For Chance To Steer

Southwest Airlines in a court filing this week blasted American Express' court-ordered proposal to amend the unlawful merchant agreements that prevent the airline and others from steering consumers to other forms of payment. Read More »
Posted by: Jay Boehmer | More by Jay Boehmer
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