Travolution

💰 TMU Management and actuary aero are transforming payments risk management by integrating exposure intelligence and insurance protection. Actuary aero offers exposure intelligence for deferred delivery sectors, enabling banks to understand merchant exposure dynamics. TMU Management provides chargeback insurance to protect against merchant failures. This collaboration allows banks to better manage risk in sectors like travel, ticketing, and events, where payments and fulfilment are time-separated, improving the robustness of acquiring strategies.

💳 UK-based Hands In and UATP announced a global partnership, enabling split payments in the travel industry via UATP's Ceptor Platform. Airlines can now integrate Hands In's API to allow multiple cards and payment methods for a single purchase without changing existing systems. This helps mitigate lost travel sales due to insufficient funds or card limits. CEOs Samuel Flynn and Ralph Kaiser emphasize the ease of integration and enhanced flexibility for airlines and travelers.