Travel Weekly Group Ltd

💳 TerraPay and XanderPay partnered to simplify international hotel payments. Hotels can now centralize operations on a single platform, reducing costs and improving cash flow management. This collaboration empowers hoteliers with control over collection, settlement, and reconciliation processes, optimizing financial operations and unlocking growth in the digital tourism economy. The partnership shifts payment strategies to centralised models, reducing reliance on traditional systems like SWIFT, and enhancing guest-centric payments for seamless experiences in the hospitality sector.

💰 Corpay launched Corpay Complete in the UK to streamline finance operations. The platform unifies accounts payable, FX, expenses, and payments. According to Deloitte, 63% of UK CFOs prioritize cost control, but only 36% have real-time cash flow visibility. 67% of global CFOs cite disconnected tools as a barrier to automation. Only 5% of finance teams are fully automated. Corpay Complete aims to address these issues, enhancing efficiency and reducing risks in finance operations.

🛫 Traxo expands its Marketplace with six new partners, enhancing corporate travel data integration. Over 400 companies use Traxo's solutions, improving safety, ESG tracking, and cost management. New partners include AlertMedia for emergency communication, Alō Index for ESG data, Elements for travel ROI, Fare Audit for fare accuracy, Restrata for risk management, and Travlr ID for data control. These integrations allow real-time access to Traxo clients’ bookings, ensuring smarter and more secure travel experiences.

🛳️ Vertical Systems collaborates with Carnival Cruises to automate cruise bookings and itinerary management for P&O, Cunard, and Princess. In partnership with Dreamlake, phase two of their integration enhances back-office efficiency using Tarsc software. This week, new functionality reaches Vertical Travel Group, Holiday Elite, and Your Holiday Booking. Lewis Johnston notes the reduced manual input and improved after-sales process. Previous integrations include easyJet, Jet2, and Olympic Holidays. CTO David Becker emphasizes creating an effortless booking ecosystem.