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March 23, 2021

Business Travel + Payments News for the Week: March 23

Samantha Shankman
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News
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TripActions is back in the news this week after revealing that industry veteran Simone Buckley joined the company as part of its momentous growth in Europe. As part of that growth, TripActions added three new major Europe-based enterprise clients to its roster of more than 700 new customers in the past year.

As the world gets back to travel TripActions is prepared to provide the best service and experience to teams both centralized and distributed. The company recognizes the nuances of traveling through the U.S. versus Europe and other regions, especially with detailed COVID requirements changing each day. It’s never been more prescient for companies to have a trusted corporate travel and spend tool.

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

3 Big Takeaways From Skift Business Travel and Future of Work Summit [Skift]

The message for the travel industry is clear: Engage with company travel managers, understand their organization’s culture and DNA, and help them redefine what business travel means after the pandemic.

Wall Street Is Betting You’ll Be Packing Your Bags Soon [Bloomberg]

Smart money is betting that the yearlong chill in travel is about to thaw. A spate of recent investment activities suggest confidence in a recovery of the leisure and hospitality industry as vaccine rollouts hold out hope for an end to pandemic restrictions.

Air France Testing ISOS-Developed Health Passport App [Business Travel News]

Over the next month, Air France is conducting a test of a mobile health passport, founded in part by International SOS, on flights from San Francisco and Los Angeles to Paris

The app allows travelers to upload COVID-19 test results from partner laboratories either as a PDF document or QR code, which they can use instead of a paper certificate during travel. In addition, the app confirms that the test is valid and complies with the requirements of the traveler's destination.

What We Lose If We Stop Traveling on Business [Financial Times]

Travel not only broadens the mind, it deepens understanding—business travel most of all. During interactions on a work trip, you deal with people as equals. You go into their workplaces, talk about what they are making and doing, and enter their lives.

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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