VISA EXPANDS TRAVEL INDUSTRY PARTNERSHIPS: Visa announced a new partnership with Sabre, a provider of technology solutions for businesses in the travel industry, which will enable the integration of Visa’s CyberSource payment management platform with Sabre’s own payment system. In doing so, Sabre will be able to offer CyberSource’s Decision Manager platform to its customers, which allows companies in the travel industry to quickly identify fraud in airline, hotel, and travel agency payments. These fraud management solutions are crucial for companies in the online travel industry, where fraudulent activity is thriving — there will be roughly $1.5 billion in online airline ticketing fraud by 2020. As the digitized travel industry continues to grow with escalating numbers of fraud cases, there could be a paralleled rise in demand for fraud management platforms, such as Visa’s CyberSource. If Visa can capitalize on this pent-up demand, it could expand revenue gains in the digital travel space.


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