By 2028, Travel and Tourism are forecasted to dominate online sales, constituting 76% of the total.
The entire travel industry is anticipated to achieve a volume of USD 1.74 trillion by 2026.
Curve
Recognizing the pivotal role of virtual cards in boosting
operational efficiency, online travel agencies (OTAs) are actively forming
strategic alliances to streamline their business operations.
Worldline has chosen Visa as its global scheme partner, with
the goal of equipping OTAs with a specialized B2B virtual card program. This
collaboration aims to facilitate swift and secure payments to suppliers,
leveraging significant investments from both entities.
Rising Demand for Efficient Payment Solutions
In the rapidly expanding OTA market, the demand for
efficient payment solutions is on the rise. Industry projections indicate that
Travel and Tourism will contribute a substantial 76% of total online sales
revenues by 2028. Moreover, the entire travel industry is expected to reach a
volume of USD 1.74 trillion by 2026.
Currently holding a 40% share of the global travel market,
OTAs are set to exert increasing influence across various sectors, including
airlines, hotels, packaged tours, rail, and cruises.
Guillaume Tournand, VP of Growth at Worldline Merchant Services, Source: LinkedIn
Guillaume Tournand, VP of Growth at Worldline Merchant
Services, said: “We are delighted to announce this significant partnership with
Visa, a global influential and respected brand. It will transform the way
online travel agencies handle payments by offering a unified solution that
combines payment performance and cost effectiveness."
"By leveraging our strong
travel footprint, this initiative unlocks significant market expansion for
Worldline, propelling us as the leading payment solution for travel agencies
and driving sustainable revenue growth.”
Merchant Services Integration Improves Cash Flow
The partnership merges Worldline's Merchant Services
Acceptance capabilities with its Financial Services Card issuing platform. By
combining acceptance and issuing capabilities, the alliance aims to assist OTAs
in effectively managing cash flows and overcoming operational hurdles.
Leveraging its experience and understanding of the online
travel sector, Worldline tries to develop an advanced solution that connects
acceptance with issuing.
Ed Chandler, Senior Vice President, Visa Commercial and
Money Movement Solutions, commented: “At Visa, we obsess about working with
partners to deliver innovative, secure and reliable payment solutions. We are
excited to partner with Worldline, to streamline, unify and enhance how online
travel agencies are paid and pay their suppliers seamlessly.”
Recognizing the pivotal role of virtual cards in boosting
operational efficiency, online travel agencies (OTAs) are actively forming
strategic alliances to streamline their business operations.
Worldline has chosen Visa as its global scheme partner, with
the goal of equipping OTAs with a specialized B2B virtual card program. This
collaboration aims to facilitate swift and secure payments to suppliers,
leveraging significant investments from both entities.
Rising Demand for Efficient Payment Solutions
In the rapidly expanding OTA market, the demand for
efficient payment solutions is on the rise. Industry projections indicate that
Travel and Tourism will contribute a substantial 76% of total online sales
revenues by 2028. Moreover, the entire travel industry is expected to reach a
volume of USD 1.74 trillion by 2026.
Currently holding a 40% share of the global travel market,
OTAs are set to exert increasing influence across various sectors, including
airlines, hotels, packaged tours, rail, and cruises.
Guillaume Tournand, VP of Growth at Worldline Merchant Services, Source: LinkedIn
Guillaume Tournand, VP of Growth at Worldline Merchant
Services, said: “We are delighted to announce this significant partnership with
Visa, a global influential and respected brand. It will transform the way
online travel agencies handle payments by offering a unified solution that
combines payment performance and cost effectiveness."
"By leveraging our strong
travel footprint, this initiative unlocks significant market expansion for
Worldline, propelling us as the leading payment solution for travel agencies
and driving sustainable revenue growth.”
Merchant Services Integration Improves Cash Flow
The partnership merges Worldline's Merchant Services
Acceptance capabilities with its Financial Services Card issuing platform. By
combining acceptance and issuing capabilities, the alliance aims to assist OTAs
in effectively managing cash flows and overcoming operational hurdles.
Leveraging its experience and understanding of the online
travel sector, Worldline tries to develop an advanced solution that connects
acceptance with issuing.
Ed Chandler, Senior Vice President, Visa Commercial and
Money Movement Solutions, commented: “At Visa, we obsess about working with
partners to deliver innovative, secure and reliable payment solutions. We are
excited to partner with Worldline, to streamline, unify and enhance how online
travel agencies are paid and pay their suppliers seamlessly.”
United Fintech Scores Sixth Backer Days After Barclays Deal
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
