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KAYAK Introduces Revolutionary Enterprise Solution for Business Travel

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KAYAK’s Innovative Enterprise Solution for Business Travel

KAYAK is revolutionizing the business travel sector with its new enterprise solution, KAYAK for Business. Senior Vice President Eva Fouquet highlights how the platform aims to resolve persistent industry challenges through interoperability across booking platforms and blockchain-based expense solutions.

Addressing Key Corporate Travel Pain Points

KAYAK for Business tackles several critical issues in corporate travel, including content management, servicing, data integration, and expense reporting. By partnering with major airlines and leveraging technologies like Blockskye Pay, KAYAK seeks to streamline the travel management process, enhancing the traveler experience and providing companies with robust compliance tools and data-driven decision-making capabilities.

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Content Management and Enhanced Servicing

One significant challenge in corporate travel is content management. Companies require control over available flight options, ensuring access to all flights, prices, and extras based on loyalty status. KAYAK addresses this by integrating new APIs from major airlines, enabling direct ticket purchases. This integration allows travelers to book and manage flights through various channels, including the platform, agencies, airline websites, apps, and even airports.

By simplifying the booking process and offering a user-friendly experience, KAYAK meets the needs of both corporations and employees. The platform consolidates content from various sources into a seamless interface supported by a consistent blockchain data model, facilitating easy travel plan changes.

Blockchain-Based Expense Solutions

Expense management is a critical issue in corporate travel, with 43% of US travelers struggling with expense management during business trips. KAYAK’s partnership with Blockskye introduces Blockskye Pay, eliminating the need for credit cards when booking trips and simplifying expense reporting. This solution saves time and money by removing manual reporting and providing instant expense confirmation. It also promotes the use of unused tickets, helping companies avoid financial losses.

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Enhancing Data Integration and Analytics

KAYAK’s platform emphasizes data integration, providing real-time tracking of travel plans and expenses for both companies and travelers. This capability transforms travel program management, enabling companies to move from descriptive analytics (analyzing past events) to prescriptive analytics (predicting and optimizing future events). Comprehensive data helps companies negotiate better deals with airlines and improve travel policy compliance.

Industry Shift and Competitive Landscape

KAYAK’s direct connections with major airlines signify an industry shift towards booking through direct channels, prioritizing loyal customers. KAYAK’s solution ensures compliance with duty of care, reporting, policy compliance, and other essential services. This trend is expected to continue, with users and suppliers favoring solutions that align with this strategy.

Real-time tracking and data integration capabilities enable companies to make informed decisions about their travel programs, improving employee satisfaction and compliance with corporate travel policies. KAYAK’s solution provides features such as access to all airline options, preferred seat selection, and luggage payment, ensuring a seamless experience for travelers.

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KAYAK’s enterprise solution represents a significant advancement in corporate travel. By addressing pain points such as content management, servicing, data integration, and expense reporting, the platform streamlines travel management for companies and employees. The integration of blockchain-based expense solutions and enhanced data analytics further strengthens its appeal. KAYAK’s focus on providing a consumer-grade experience for business travelers is set to positively influence employee satisfaction and corporate travel policy compliance, positioning the company at the forefront of a transformative shift in business travel management.

Source: cointrust.com

The post KAYAK Introduces Revolutionary Enterprise Solution for Business Travel appeared first on HIPTHER Alerts.

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Blockchain

Bybit Expands bbSOL Yield Opportunities Through Strategic DeFi Partnerships

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Blockchain

This Week in Finance News: 11 Stories You Need to See

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With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

  1. Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
    By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few.
  2. Cardinal Health announces two strategic additions to its portfolio
    Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash.
  3. BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
    This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems.
  4. Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
    “I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands.
  5. Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
    The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately.
  6. PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
  7. Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
  8. Finaya Unveils Nationwide Homeownership Platform
    From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient.
  9. GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
    Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too.
  10. GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
    This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics.
  11. Most US shoppers are encountering generative AI while shopping without realizing it
    A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.

For more news like this, check out all of the latest finance-related releases from PR Newswire.

Do you have a finance press release to distribute? Sign up with PR Newswire to share your story with the audiences who matter most.

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Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:

  • Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.
  • Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.
  • Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.
  • Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

The post This Week in Finance News: 11 Stories You Need to See appeared first on .

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Blockchain

Fintech as a Service Market: A Comprehensive Trends Analysis Predicts a USD 1,329.12 Billion by 2032 CAGR: 17.4% | PMR

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