Fintech in travel is on fire: Travel Weekly Asia


Source: travelweekly-asia.com travelweekly-asia.com

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Nine in 10 leaders in the travel industry now view fintech and payments as a high priority, with 80% of companies expecting to match or surpass their 2019 fintech investment levels this year. According to Amadeus' Travel Fintech Investment Trends 2022 report, which surveyed over 70 senior leaders from large airlines and travel sellers, a third of firms plan to match 2019 levels while a significant 50% plan to increase investment. When questioned more broadly on company-wide investment, 70% of participants plan on investing through 2022 to capture an expected rebound in travel, with only 30% opting for a more...