ReportWire

Tag: Travel Program Digitization u0026 Personalization

  • Amex GBT Sees Opportunity Beyond Clients with Guest Travel Platform

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    With the recent launch of its new guest travel and expense
    platform, American Express Global Business Travel has its sights set on both
    broad and niche customer growth, adapting the tool to more specific use cases
    but also opening its use beyond just Amex GBT customers.

    Amex GBT announced
    the platform
    —which lets event organizers and managers create events, invite
    guests, set parameters around travel and manage expenses—last month, on the
    heels of the launch of two competing independent platforms also focused on
    managing guest travel: Juno
    and EmPath.
    All that activity demonstrates a broader need in the market for tackling guest
    travel, Amex GBT chief product and strategy officer Evan Konwiser said.

    Prior to the launch of Amex GBT Guest T&E, the travel
    management company helped clients with guest travel via “a few different
    solutions that were baked into our existing platforms,” adapting the
    managed travel workflow to handle guest capabilities, he said.

    “That solved some use cases, but we’ve been hearing
    from customers that those solutions weren’t meeting their needs,” Konwiser
    said. “The standards and expectations of guests were going up, whether
    it’s a contractor or a recruit or an intern class, and some of those use cases
    required more specific design and user experience around those.”

    Amex GBT built the new guest platform on its
    small-and-midsized-business-focused Neo1 platform
    , which already had some
    of the needed parameters such as setting budgets and enforcing that budget
    through a central pay and virtual card program, he said. “We adapted that
    piece of software very well and very easily and invested in making it fit for
    purpose for this solution for guest travel,” according to Konwiser.

    At its launch, the platform was available for all Amex GBT
    clients at U.S. points of sale, with the added benefits of servicing from the
    TMC, he said.

    “Everybody’s booking and changing and doing what they
    need digitally, but if you did need somebody to support your trip, that’s all
    available out of the box,” Konwiser said. “If you need data to flow
    into your broader TMC environment, that happens organically, so it has the best
    of both worlds.”

    Eventually, Amex GBT is considering opening up the platform
    further to non-clients. It would be an opportunity “to showcase our
    capabilities” on a platform for which they could sign up in minutes, he
    said.

    “We are an industry that has gotten used to long,
    complicated implementation times, but very nature is that users—whether you are
    HR or guest traveler yourself—are not professional business travel
    professionals,” Konwiser said. “They don’t want an instruction
    manual, they don’t want weeks-long implementations and they don’t want to
    attend webinar after webinar on how to use it.”

    Following their respective launches, both Juno
    and EmPath
    announced specialization strategies for specific types of travel, such as media
    and sports. Konwiser said Amex GBT is looking at additional enhancements to
    integrate more tools into the workflow that solve for niche needs—such as for
    health care professionals—building on the knowledge it already has from its
    current clients in those areas.

    As such, the tool stands to not only bring the TMC new
    customers but also can increases business within current customers by reaching
    out to different parts of the organization, he said.

    “If you think about a professional services customer,
    you have all these stakeholders within the organization that are very different
    and that are interfacing with the travel team today, and they have needs that
    are similar but also a little different,” Konwiser said. “Having a
    tool that can deliver what each of them need, and the travel program can give
    it to their stakeholders and say you can do what you need to do easily,
    efficiently and get a higher satisfaction and delight from your user group,
    it’s a win all around.”

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    mbaker@thebtngroup.com (Michael B. Baker)

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  • Mastercard Restructures Leadership Organization

    Mastercard Restructures Leadership Organization

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    Chief commercial payments officer Raj Seshadi
    Chief AI and data officer Greg Ulrich
    Chief AI and data officer Greg Ulrich
    Chief services officer Craig Vosburg
    Chief services officer Craig Vosburg
    Chief product officer Jorn Lambert
    Chief product officer Jorn Lambert

    Mastercard is restructuring its leadership team to three
    “interdependent areas,” with commercial cards grouped with “new
    payment flows” and the development of a new data and AI organization in
    another area, the company announced.

    The commercial and new payment flows area will be led by
    newly named chief commercial payments officer Raj Seshadri and will include
    commercial cards, B-to-B accounts payables and receivables, non-carded bill
    payments, remittances and disbursements. Mastercard said payments and data
    flows beyond the consumer side is a “scalable opportunity” for the
    company.

    Seshadri has been with Mastercard for eight years and most
    recently was president of data and services.

    The new data and AI organization, led by Mastercard
    executive Greg Ulrich as chief AI and data officer, will focus on
    commercializing the technology for both internal and external applications and
    governing those functions across the entire company. That organization will
    fall under Mastercard’s services area, which also includes cyber and
    intelligence, data and services and open banking teams.

    Craig Vosburg, most recently Mastercard’s chief product
    officer, will lead that area as chief services officer.

    Jorn Lambert, a longtime executive who has been Mastercard’s
    chief digital officer since 2020, is taking the role of chief product officer
    and will lead the core payments area for Mastercard. That area includes core
    payments, products and platforms, real-time payments capabilities and
    acceptance innovation, according to Mastercard.

    The new organization “will reinforce our strategy and
    competitive advantage to drive long-term growth, diversify our revenue streams
    and differentiate our products and solutions,” Mastercard CEO Michael
    Miebach said in a statement.

    The new organizational structure will take effect on May 1,
    though the leadership changes announced with the restructuring are effective
    immediately, according to Mastercard.

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    mbaker@thebtngroup.com (Michael B. Baker)

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  • Capital One Adds Lounge Capacity Tracking, Waitlist to Mobile App

    Capital One Adds Lounge Capacity Tracking, Waitlist to Mobile App

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    Capital One has introduced capacity monitoring and a virtual
    waitlist for its airport lounge network to better manage lounge capacity, the
    company announced.

    The features enable Venture X Business and Venture X
    cardholders to see the capacity of the lounges within the Capital One mobile
    app and join a waitlist when a lounge is at capacity. Once the lounge is
    available, travelers are notified and will have 15 minutes to arrive, with the
    capability within the app to let the lounge know if they are running late or
    decided not to come. Travelers can still join the waitlist in person at the
    lounge if they prefer.

    Capital One said the features are now available to “a
    majority of eligible cardholders” and will be available to the rest over
    the coming weeks.

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    mbaker@thebtngroup.com (Michael B. Baker)

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