FEATURES AND ADVICE
prnewswire | April 13, 2023
Sabre Corporation a leading software and technology provider to the global travel industry, and United Airlines, today announced the availability of United's NDC offers through Sabre's global distribution system (GDS).
Sabre-connected travel buyers, agencies and developer partners will be able to shop, book, and service United's NDC content through Sabre's Offer and Order APIs, the agency point-of-sale tool, Sabre Red 360, and the online booking tool, GetThere.
"We are so pleased to launch United Airlines' NDC content this week, marking the 10th airline with whom we have completed integration and made content available through NDC to agencies around the world," said Kathy Morgan, vice president, NDC and airline supply, Sabre Travel Solutions. "In delivering a suite of NDC solutions and enabling air content in our NDC channels, we are helping airlines go from where they are today to a new modern approach to travel retailing – a key step in the evolution of retailing and distribution in the travel industry."
Travel buyers connected to the Sabre GDS will be able to choose enhanced offers from United such as United's continuous pricing content with the lowest fares available in these channels. They will also have access to more descriptive information on United's flight offers as well as seat selection enabled in the booking path. NDC offers from United are currently available in over 70 countries, with more coming soon.
Sabre Offer and Order APIs are the foundation of a modern retailing marketplace that allows airlines to dynamically create and distribute tailored offers across any channel, while being seamlessly fulfilled and delivered as orders. Sabre Red 360 unlocks a full spectrum of bookable content and insightful information to efficiently create tailored trip experiences that travel buyers can sell and service.
About Sabre Corporation
Sabre Corporation is a leading software and technology company that powers the global travel industry, serving a wide range of travel companies including airlines, hoteliers, travel agencies and other suppliers. The company provides retailing, distribution and fulfilment solutions that help its customers operate more efficiently, drive revenue and offer personalized traveler experiences. Through its leading travel marketplace, Sabre connects travel suppliers with buyers from around the globe. Sabre's technology platform manages more than $260B worth of global travel spend annually. Headquartered in Southlake, Texas, USA, Sabre serves customers in more than 160 countries around the world.
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FEATURES AND ADVICE
prnewswire | April 25, 2023
Notabene has published its second comprehensive State of Crypto Travel Rule Compliance Report, which provides insightful results from their 2023 global Travel Rule compliance survey. This report follows the successful inaugural report, which provided the industry's first-ever comprehensive analysis of Travel Rule compliance.
"This year's report highlights that Travel Rule compliance is becoming increasingly global, with nearly a quarter (23%) of the surveyed companies needing to comply with Travel Rule requirements in more than one jurisdiction. These findings suggest that the Travel Rule is becoming more global in nature, underscoring the need for a solution to the common cross-border challenges posed by the Travel Rule," says CEO Pelle Braendgaard.
The State of Travel Rule report includes survey results from financial institutions and crypto companies worldwide on how prepared they are for upcoming regulatory deadlines. Sixty-nine companies completed the survey, representing broad global coverage.
The report includes real-world feedback on differences in Travel Rule adoption across jurisdictions, approaches to implementation, components of compliance, and summarizes adoption pitfalls. Key findings show that 84% of companies are already complying or plan to by the end of 2023, and 75% of respondents impose some restrictions on transactions with self-hosted wallets. The report also found that of those who comply, 37.5% perform the travel rule post-transaction, not fulfilling today's FATF requirements.
"Our global and diverse respondents have reinforced the global nature and the various levels of Travel Rule compliance." says Lana Schwartzman, Head of Regulatory and Compliance at Notabene. "VASPs are asking for a unified and interoperable global approach for reaching their counterparties and transmitting Travel Rule messages. As a result, regulators must work together with industry to develop a unified approach to Travel Rule compliance that addresses the needs of the entire industry. We are already seeing this in the EU and UK and hope other regions will follow."
This year's report includes a comprehensive illustration of the current global state of Travel Rule adoption, showcasing key information regarding jurisdictional enforcement, including information on the enforcement status of each jurisdiction, as well as the threshold amount and self-hosted wallet obligations. This information is crucial for businesses seeking to comply with the Travel Rule.
About Notabene
Notabene is crypto's only pre-transaction decision making platform. We enable customers to identify and stop high-risk activity before it occurs.
Notabene's SafeTransact platform helps financial institutions and crypto businesses unlock their full potential in the digital economy. With a focus on security, privacy, and end-user experience, Notabene customers can use our multi-source data and software to automate real-time decision-making, perform counterparty sanctions screening, identify self-hosted wallets, and complete the smooth roll out of Travel Rule compliance, all in line with global and local regulations.
Notabene is SOC-2 security certified since 2021. Over 85 companies leverage our software to manage real-time regulatory and counterparty risk in virtual asset transactions, including Copper, Luno, Crypto.com and Bitstamp. Headquartered in New York, Notabene is a global company with presence in Switzerland, Singapore, and the United Kingdom.
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TRAVEL TECHNOLOGY
businesswire | March 31, 2023
GigNet, a Digital Transformation company that provides high-speed broadband and advanced value-added services to enterprise clients and residential communities based on its extensive fiber-optic network from Cancun to Tulum, announced today the signing of a Collaboration Agreement with the State of Quintana Roo Ministry of Tourism to enhance the tourism experience in the Cancun region. The signing took place at the 47th annual edition of the Tianguis Turistico México, an international showcase for the Mexico tourism industry. Quintana Roo Governor María Elena Lezama Espinosa attended the ceremony and signed the agreement as a Witness of Honor. Quintana Roo enjoys connectivity to more than 120 cities around the world through its three international airports, hosting more than 30 million passengers at the Cancun Airport in 2022.
The overall purpose of the Collaboration Agreement, signed by State Secretary of Tourism Bernardo Cueto Riestra on behalf of the Quintana Roo Ministry of Tourism (SEDETUR) and Mark Carney, OBE and President of GigNet Mexico, is to promote tourism-related technological development in the Mexican Caribbean. The agreement establishes a framework for the deployment of advanced, secure broadband locations in the State of Quintana Roo to improve the tourist experience of visitors and promote tourism development in the region through world-class Internet services and information technologies. The signing ceremony was also attended by Ana Patricia Peralta de la Peña, President of Benito Juárez (Cancun Municipality) where the first GigNet-sponsored special public Wi-Fi Internet access areas will be located, as well as various leaders from the Mexico national tourism sector.
The first phase of this Agreement will establish public Wi-Fi zones in tourist destinations in the Mexican Caribbean starting with Cancun, Playa del Carmen and Tulum. The commitment to the technological development by GigNet is expected to cover, in subsequent phases, not only all the municipalities of the Mexican Caribbean in their tourist areas but also in commercial and administrative centers in multiple cities, fostering a true digital transformation in the region. With this Collaboration Agreement, GigNet will provide visitors and residents the opportunity to access Wi-Fi to find and shop at local businesses and for enhanced public safety and security.
This Collaboration Agreement is also recognition that technology will be a primary driver for the next generation of travelers to the Mexican Caribbean. According to the Quintana Roo Tourism Promotion Council (CPTQ), 64% of tourists who visit the Mexican Caribbean are under 39 years of age and almost 50% of them are Millennials. These tourists travel with between 5 and 10 electronic devices that allow them to be connected to the Internet while traveling. Through their phones, tablets and personal computers, they search for routes, promotions and activities to do before and during their trip.
Mr. Carney stated, “With one of the best climates and natural environments in the world, incredible and innovative restaurants and shopping malls, a youth destination culture, and thousands of new smart home units for residents and digital nomads, we truly believe the quality of life of the Mexican Caribbean has all the elements to attract investment, businesses, and now - with access to GigNet high-speed Internet - tech entrepreneurs and established technology companies seeking to relocate to this attractive business environment.”
GigNet’s “Silicon Maya” vision is to make Quintana Roo the leading state in Mexico for digital transformation, technological innovation, and Smart Cities – and a model for all of Mexico and Latin America. High-speed broadband access has been proven around the world to increase economic growth and opportunities for all segments of society. GigNet's “Silicon Maya” initiative can provide tremendous social benefits like online learning, improved healthcare, remote work opportunities, a diversified economy, and increased access to public services. For more information, see GigNet - Silicon Maya
ABOUT GIGNET
GigNet is the Mexican Caribbean brand of GigNet, Inc., a U.S. based international Digital Transformation company specializing in Fiber-to-the-Home (FTTH) services for Smart Homes and Smart Communities, and Fiber-to-the-Premises (FTTP) value-added services for enterprise customers including hotels, resorts, retailers, offices, large commercial operations, governmental offices, and medical and educational facilities, as well as fiber-optic transport services for mobile phone operators and carriers. Through its Mexico operating subsidiaries, GigNet, S.A. de C.V., and Sanalto Redes Peninsular, S.A.P.I. de C.V., the Company is a fully licensed telecommunications provider in Mexico. GigNet is actively adding clients and additional products and services in the Mexican Caribbean, one of the largest and fastest growing tourism and new residential development destinations in the world with over 30 million annual airport passengers achieved in 2022. GigNet is a leader in the Digital Transformation of the region.
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