Fintech PR
Checkout.com enables first virtual card integration for Holiday Extras, slashing payment processing time by more than 1.5 days per week
- Checkout.com’s virtual card platform cuts Holiday Extras’ manual processing time by more than one and a half days per week
- This integration brings financial rewards through interchange fees and improved security with MCC-locked virtual cards
- This marks the first time Holiday Extras has implemented virtual cards, revolutionizing their payment processes and enhancing efficiency across the board
LONDON, Sept. 4, 2024 /PRNewswire/ — Checkout.com, a leading global digital payment solutions provider, has helped Holiday Extras streamline and increase the performance of their payment processes through the use of virtual cards, resulting in increased automation, improved operational efficiency, and positive financial outcomes.
Holiday Extras, the market leader in holiday extras, is used by more than 11 million travelers every year to book airport parking, airport hotels, airport lounges, travel insurance, car hire, airport transfers and more. By integrating Checkout.com’s issuing platform, Holiday Extras has automated their booking and payment systems, significantly reducing manual processing and simplifying their robust error-checking systems.
Before partnering with Checkout.com, Holiday Extras relied on entirely manual payment processes with their hotel, hospitality, and airline business partners, which caused inefficiencies. Manual batch bank wire transfers were previously required between Holiday Extras and their partners to confirm bookings and make payments, an area in which the two companies worked together to identify opportunities for technical improvements and significant efficiencies.
Successful implementation of this automated booking and payment system across the business is expected to reduce manual processing time by at least 12.5 hours per week, leading to substantial savings. Furthermore, the ability to lock virtual cards to specific Merchant Category Codes (MCCs) has also added an extra layer of security, reducing decline rates and enhancing overall customer and partner satisfaction.
Checkout.com provides a comprehensive virtual card issuing platform that seamlessly integrates into the booking system of partners. This integration allows Holiday Extras to issue virtual cards automatically to secure room bookings and make automatic payments to partners as soon as a customer makes a reservation on their website.
Holiday Extras is excited to use Checkout.com’s travel card proposition, which leverages virtual card technology as part of the Mastercard Wholesale Program, to pay their hotel partners. These cards enhance the partner payment experience, and offer a simpler cost structure as well as more card product and currency flexibility.
“Partnering with Checkout.com has transformed how we manage payments. The integration of virtual cards has not only streamlined our booking and payment processes but also enhanced security and efficiency. We’re excited to expand this solution further, improving the experience for partners and the performance of our customer journey.”, said Michelle Taylor, Account Payable Team Leader at Holiday Extras.
“At Checkout.com, we are committed to empowering businesses with innovative payment solutions that enhance the performance of payments and fuel growth. Our Issuing platform is designed to simplify complex payment processes, and we’re thrilled to see Holiday Extras benefiting from the automation and security. This collaboration enables Holiday Extras to provide an even smoother booking experience for its customers, ensuring secure and efficient transactions every time” said Antoine Nougué, Chief Revenue Officer at Checkout.com.
About Checkout.com
Checkout.com processes payments for thousands of companies that shape the digital economy. Our global digital payments network supports over 145 currencies and delivers high-performance payment solutions across the world, processing billions of transactions annually.
With flexible and scalable technology, we help enterprise merchants boost acceptance rates, reduce processing costs, combat fraud, and turn payments into a major revenue driver. Headquartered in London and with 16 offices worldwide, Checkout.com is trusted by leading brands such as Sony, Shein, Sainsbury’s, Wise, Patreon, GE Healthcare, Rail Europe, and The Financial Times.
Checkout.com. Where the world checks out.
About Holiday Extras
Holiday Extras is the UK market leader in airport parking, airport hotels, worldwide airport lounges, destination car hire, airport transfers and holiday insurance. Established in 1983, Holiday Extras makes bookings for over 8 million travellers each year. When booking with Holiday Extras, if plans change, no matter what the reason, Flextras ensures it will always be easy and free to cancel the booking and reschedule for another date. The company has been listed eleven times in The Sunday Times 100 Best Companies to Work For.
View original content:https://www.prnewswire.co.uk/news-releases/checkoutcom-enables-first-virtual-card-integration-for-holiday-extras-slashing-payment-processing-time-by-more-than-1-5-days-per-week-302237070.html
ST JULIANS, Malta, Nov. 14, 2024 /PRNewswire/ — MJ Foundation Fundacja Rodzinna, a company related to Mateusz Juroszek, Board Member and primary insider of Gentoo Media Inc. (Gentoo) has today acquired 115,604 shares in Gentoo at a price of SEK 24,996 per share. After this transaction, close associates of Mateusz Juroszek hold 24,027,766 shares in Gentoo.
This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.
For further information, contact:
Tore Formo, Group CFO, [email protected], +47 91668678
About Gentoo Media
Gentoo Media is a market-leading affiliate connecting operators and players in the online gambling and sports betting industry. Gentoo Media offers an array of iGaming affiliate solutions, such as paid marketing expertise and quality traffic through our prominent industry sites including AskGamblers, Time2Play, CasinoTopsOnline, WSN and Casinomeister. In 2024, Gentoo Media (formerly GiG Media) became Gentoo Media Inc. following a legal split separating the Media and Platform and Sportsbook business in Gaming Innovation Group (GiG) into two independently listed companies. Gentoo Media Inc. is dual listed on the Oslo Stock Exchange (ticker “G2MNO”) and Nasdaq Stockholm (ticker “G2M”). www.gentoomedia.com
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PARIS, Nov. 13, 2024 /PRNewswire/ — Newmark announces the firm has advised Unibail-Rodamco-Westfield (URW) in the €172.5 million sale of the 140,846 square-foot (13,085 square-meter) office portion of Les Ateliers Gaîté, a mixed-use property in the prominent Montparnasse district of Paris. Newmark Deputy Chief Business Officer Emmanuel Frénot arranged the transaction between URW and buyers Swiss Life Asset Managers and Norges Bank Investment Management.
“Advising URW on the sale of this asset, with its exceptional location and exemplary environmental approach, just a few months after the opening of our Paris office makes us particularly proud and highlights our ongoing momentum,” said Frénot. “This transaction confirms the recovery signals we have been sensing since the end of the second quarter of 2024 and suggests an increase in activity in the office segment for 2025.”
Les Ateliers Gaîté, delivered in 2022, includes around 100 retail shops, restaurants and services, as well as a hotel, offices, housing and a public library. The office space is leased long-term to coworking operator Wojo, establishing its Parisian flagship.
Newmark opened its flagship Paris office in March, hiring several of the city’s most respected brokers, including Francois Blin and Frénot to lead the team, Antoine Salmon and Vianney d’Ersu as Co-Heads of Retail Leasing, Managing Directors Jérôme De Laboulaye, Nicolas Coutant and Alexandre Gotti as President, France. The office is now home to nearly 40 leading French commercial real estate professionals, including a market-leading research team.
About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the twelve months ended September 30, 2024, Newmark generated revenues of over $2.6 billion. As of that same date, Newmark’s company-owned offices, together with its business partners, operated from nearly 170 offices with more than 7,800 professionals around the world. To learn more, visit nmrk.com or follow @newmark.
Discussion of Forward-Looking Statements about Newmark
Statements in this document regarding Newmark that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company’s business, results, financial position, liquidity, and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark’s Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.
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OSLO, Norway, Nov. 13, 2024 /PRNewswire/ — Aker ASA (“Aker”) has today carried out its employee share purchase program for the year. Participants in the share purchase program were offered a discount of 20 per cent on the closing share price as of 13 November 2024. Hence, each participant paid NOK 443.20 per share. All shares will be locked in for a period of three years from delivery of the shares, during which the employees will not be able to sell the shares.
The following persons discharging managerial responsibilities in Aker have purchased shares:
– Svein Oskar Stoknes has acquired 1,400 shares. Mr. Stoknes’ total shareholding in Aker after the acquisition will be 11,400 shares.
– Lene Landøy has acquired 1,000 shares. Mrs. Landøy’s total shareholding in Aker after the acquisition will be 1,911 shares.
– Charlotte Håkonsen has acquired 500 shares. Mrs. Håkonsen’s total shareholding in Aker after the acquisition will be 2,493 shares.
– Christina Chappell Schartum has acquired 162 shares. Mrs. Schartum’s total shareholding in Aker after the acquisition will be 795 shares.
– Fredrik Berge has acquired 250 shares. Mr. Berge’s total shareholding in Aker after the acquisition will be 630 shares.
Please see attached notifications for persons discharging managerial responsibilities in Aker in accordance with Regulation EU 596/2014 (MAR) article 19.
Aker sold a total of 10,480 own shares in connection with the program. Following the transactions, Aker will hold 14,745 own shares.
Investor contact:
Fredrik Berge, Head of Investor Relations Aker ASA
Tel: +47 45 03 20 90
E-mail: [email protected]
This information is subject to the disclosure requirements in Regulation EU 596/2014 (MAR) article 19 number 3 and the Norwegian Securities Trading Act § 5 -12.
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