Leveraging T&E Risk Monitor the collaboration empowers Truevo to unlock cashflow, mitigate exposure, and negotiate better terms with their travel merchants.
Monday 23 September – Truevo, a leading payment service provider, today announced a collaboration with Mastercard and actuary.aero to provide Truevo with transaction level visibility through enhanced data insights for their travel merchant customers.
Leveraging T&E Risk Monitor, a digital platform that combines secure and permissioned payment, booking and service data to provide greater end-to-end visibility into merchant payments, Truevo will now more confidently be able to manage and release funds and negotiate collateral conditions through data driven insights.
The solution bridges the gap between merchants and their acquiring bank, providing a single source of truth on risk exposure so that the partners can proactively engage to keep commerce flowing, supporting merchant liquidity, and helping to secure the future health of the travel ecosystem.
Lewis Clark, VP & Head of Sales, Truevo, comments: “We are committed to providing our customers with the tools they need to succeed, and the T&E Risk Monitor will help them to boost growth and minimise risk. The collaboration is a win-win for the entire payment industry, and benefits stakeholders across the travel ecosystem, who can now operate with greater transparency and confidence, ultimately contributing to a more flexible and resilient market.”
Chiara Quaia, Senior Vice President, Travel Industries, Mastercard said: “The travel industry is dynamic and fast paced by nature, so the technologies and processes that travel organizations rely on must not only keep up and support but accelerate commercial relationships. Mastercard is advancing an ecosystem of trust, strengthening connections across the travel payments value chain, and co-creating payment solutions that increase security, visibility and control, while driving sustainable growth – ultimately ensuring that payment solutions continue to power the travel economy.”
Building on a long-term relationship with Mastercard to scale industry reach and impact of the T&E Risk Monitor, actuary.aero integrates transaction data from acquirers and booking data from merchants to offer unparalleled visibility and control over risk exposure.
Livia Vite, CCO Of actuary.aero comments: “At actuary.aero, we are passionate about the power of data-driven insights. By embedding our analytics into the T&E Risk Monitor, the platform is designed to not only manage risk but also unlock new opportunities for growth and operational efficiency. The collaboration scales the solution across Truevo’s customers, and marks a significant step toward in fostering a more transparent and resilient payment ecosystem for all stakeholders.”
The solution will enable Truevo’s customers to benefit from actuary.aero’s advanced data analytics, including daily updates on risk exposure, customised payout solutions, and enhanced chargeback management.
To find out more about how this partnership can benefit you, get in touch with our team today.
About Truevo:
Truevo is a multinational payment service provider committed to delivering fast, secure, and seamless payment solutions for businesses worldwide. We empower merchants by offering a wide range of payment methods, including credit and debit cards, as well as alternative payment options, to help drive growth and customer satisfaction. Our dedicated team works closely with clients to streamline the payment process, ensuring reliable and efficient transactions that meet the evolving needs of the digital economy.
About actuary.aero:
Actuary.aero provides mutual visibility of shared payment data and risk exposure via a secure communication platform between deferred delivery merchants, acquirers, schemes and other financial providers. Our AI powered dashboards transform existing payment data into actionable insights, empowering merchants, and financial providers’ treasury, risk, and customer teams to make decisions on credit risk management, sales and treasury that grow their business.
An independent and trusted 3rd party provider, actuary.aero has over 15 years of experience handling data, payments, and working with deferred delivery merchants in the travel and ecommerce sectors.
