Travel Payment Disintermediation: Opportunity, Threat, or Just Hype?

Wed, Oct 10, 2018 2:00 PM EDT{LOCAL_TZ}

Through application programming interfaces (APIs) and distributed ledger technologies, suppliers are evaluating ways to take advantage of efficiencies and cost reductions gained by disintermediating traditional financial institutions from the payment ecosystem. But what are the benefits and potential drawbacks of direct payments from buyers to suppliers via such emerging technologies?

Register now for this BTN Group “In the Know” webinar, sponsored and developed by UATP,  to learn about the heightened interest in disintermediation that is driving the rapid deployment of technologies such as blockchain. The panel will begin with an explanation of how these technologies have the potential to revolutionize travel procurement with a focus on payments.

Key Takeaways:

  • What is blockchain
  • Pros and cons of direct payments in managed travel
  • Realities vs. hype

About the Speakers

Steve Glenn
Chairman and CEO
Executive Travel
Steve Glenn founded Executive Travel 31 years ago and currently serves as Chairman of the Board and CEO. He is a pioneer of online travel fulfillment, virtual agents and zero online fees. Inc. magazine ranked Executive Travel as the fastest growing Travel Management Company in its 2013 Inc. 500|5000 ranking of the nation’s fastest-growing private companies. Glenn also has been named Entrepreneur of the Year and Business Owner of the Year.
Johnny Thorsen
Vice President of Travel Strategy & Partnerships
Johnny Thorsen is Vice President of Travel Strategy and Partnerships of Mezi, a strategic advisor to several startups and board member of the Association of Corporate Travel Executives. A passionate innovator who enjoys disrupting the status quo, Thorsen has been a fixture in travel technology for more than 25 years. Previously, he cofounded conTgo Ltd. mobile messaging and served as its Chief Strategy Officer & CEO  before the company was sold to Concur SAP. During his career, Thorsen has worked for SAP, Travelport, GetThere and HRG.
David Holmes
Chief Commercial Officer
K. David Holmes III joined UATP in July of 2002 and currently serves as Chief Commercial Officer. He leads the development of the company’s commercial, marketing and business partnership strategies for its charge card and alternative form of payment processing business divisions. Previously, he led development and execution of UATP’s sales strategy, which focuses on providing unique and cost-effective travel payment solutions for issuers, merchants and corporate customers.

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  • Association of Corporate Travel Executives (ACTE)
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  • Institute for Supply Management (ISM)
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