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April 26, 2021

Business Travel + Payments News for the Week: April 26

Samantha Shankman
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News
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Spring is here and people around the world are finally booking those long-awaited trips. Anticipated reunions among colleagues and clients are being organized for the first time in more than a year.

While the TripActions team is excited by our week-over-week growth in bookings, we’re hard at work ensuring that travel and spend management is ready for the coming new era.

To that end, TripActions last week announced a new sustainability suite to help organizations get back to business travel as consciously as possible. TripActions customers can now track and reduce their carbon emissions while accessing critical insights to realign their travel program with their environmental goals. The news came shortly after TripActions also announced the opening of a new office in Austin, Texas, to tap into the city’s growing tech talent pool.

On the payments side, TripActions Liquid revealed its partnership with Visa, which will support the growth of its next-generation corporate card offering, especially for large enterprise organizations.

The TripActions team showed grit and commitment to building the future of business travel one year ago when the product was quickly adapted for COVID-19. Now it’s time to travel again and the fun is just beginning.

Now, here’s what’s happening across the industry today. Check out past weekly news roundups here.

Europe to Allow Vaccinated Americans to Travel to Continent This Summer [New York Times]

The fast pace of vaccination in the United States, and advanced talks over how to make vaccine certificates acceptable as proof of immunity for visitors, will enable the European Commission to recommend a switch in policy that could see trans-Atlantic leisure travel restored.

Visa’s New Deal with TripActions Signals Renewed Interest in Travel [Skift]

TripActions has extended its partnership with payments technology giant Visa, in a further sign of travel and expense management moving closer together.

Greece Reopens to International Tourism [CNN]

As of April 19, travelers who have been inoculated or present a negative PCR test up to 72 hours prior to arrival are free to enter Greece. The move has so far been unmatched by any other major tourist destination in Europe.

Pack Your Bag. Business Trips Are Coming Back [Bloomberg]

The outlook for business travel is only getting brighter the longer the pandemic drags on. After what feels like gazillions of virtual conversations, we’re gaining a new appreciation for the value of in-person interaction.

The New Art of Booking Travel to Bring Together Remote Workers [Skift]

The methods for booking a suitable corporate retreat these days still feel very experimental, with many nuances to consider. But the rewards will be there for the platforms that get it right.

For rich commentary on the trending stories and research in B2B fintech, sign up for Exchange: A B2B Fintech Newsletter Powered by TripActions.

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