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Stockholm, Sweden, February 3, 2025 – PRECISION, a leading risk management solution built from travel, and FinMont, the global payment orchestration platform for the travel industry, have partnered to tackle one of the travel sector’s biggest challenges: payment fraud. According to an MRC report, payment fraud costs airlines an alarming 3.1% of their annual global e-commerce revenue, underscoring the urgent need for advanced, tailored payment solutions in the travel industry.
This collaboration addresses these challenges by integrating PRECISION’s proven fraud prevention technology into FinMont’s platform, creating a next-generation payment ecosystem tailored to address the unique complexities of travel payments.
FinMont was founded by the owners of Hahn Air, a German airline with over 80 years of industry experience. This extensive expertise has given them deep insights into the sector’s need for streamlined payment solutions. Unlike other available options, FinMont offers…
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