Fraud is big business in Hospitality…Interesting article by Sabre
With a 19% year-over-year growth in fraud, the corporate travel industry faces serious challenges to its payment processes. In addition to this steady increase in fraudulent activity, today’s corporate travel mangers grapple with time-consuming credit card reconciliations and expensive out-of-policy travel. At the same time, changing traveler behavior encourages the adoption of alternative forms of payment. So will this trend impact your company’s future payment program?