During our Convention this summer, GBTA’s Nancy Tudorache caught up with Jennifer Swenson of U.S. Bank at the GBTA Broadcast Studio after she took part in an education session on virtual payments. Jennifer shared highlights from a GBTA Foundation research project conducted in partnership with U.S. Bank focusing on the benefits and barriers of virtual…
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…
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.
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