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Published Aug 25, 2021 Company Pelikin is a Travel Fintech start-up based in Melbourne, Australia. It’s committed to helping young travelers manage their money overseas, easily and transparently. Challenge Pelikin launched in December 2019 with a local bank handling their card issuance. When the pan
Published Sep 1, 2021 Payment systems are often described as ‘rails’, which means platforms or networks that facilitate the movement of money between payers and payees. When a payment is initiated, and it’s not a simple cash transfer, the transaction will be completed via a complex flow of informati
Published Oct 1, 2021 Company TransferGo is a UK-based Fintech startup on a mission to shake-up the international money transfer sector. Frustrated by poor customer service, large fees and no online service options, its founders launched the firm in 2012 with the goal of making global money transfer
Published Aug 24, 2021 Online travel agents (OTAs) face many challenges – economic uncertainty, geopolitical fluctuations, airline strikes and climate issues are just some of the things that can hit their profit margins. Needless to say, the impact of Covid-19 is the biggest risk at the moment. Whil
Published Sep 24, 2021 The growing gig economy generates £1.9 trillion worth of transactions every year – but with expansion, new challenges have begun to arise. Amongst them are these three key hurdles, which will businesses have to overcome to make their gig economy strategy successful. 1. High cr
Published Sep 8, 2021 Most valuable feature of the gig economy is the short-term commitment to employer and employee relationship – but this feature also creates challenges for employers/businesses. can hurt businesses by eroding company culture, removing valuable experience and delivering inconsis
The growth of online payments and digital commerce has led to the widespread adoption of virtual cards, a trend accelerated by COVID-19 and the increase in card-not-present payments. As a convenient and secure form of digital payment, virtual cards have much to offer both private users and businesse
Published Sep 13, 2021 Online travel agents (OTAs) operate on thin profit margins and must optimise their operations to protect and grow their businesses. One way is through payments, as inefficient payments systems can be costly and jeopardise customer experience – both of which will damage the bot
Published Oct 6, 2021 Being able to timely raise invoices and receive payments are the cornerstone of any successful business. Digital transformation and rapidly growing e-commerce have ushered enterprises into a new era where cash flow stability for speedy products and services restocking, and reve
Published Sep 27, 2021 Payment networks are going through a transformation; the growth in cross-border sales is driving a surge in global payments to keep up with the demands of the modern economy. A global payment footprint not only helps businesses unlock new revenue opportunities but also deliver
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