COVID-19 has undoubtedly provided the travel industry with its greatest challenge in modern times. Most businesses in the industry, particularly those based in Europe and America, are now well and truly in the eye of the storm, seeing the long-term impacts of lockdown and quarantine measures on operations. However, we are beginning to see some clouds breaking away – and optimism is still in tact. Against  this backdrop, there is a crucial role for technology providers in the payments sector in travel’s resurgence.

Finance has always been something of a traditional sector. Even as other industries have abandoned formal dress codes and introduced flexible working, many businesses in financial services have stuck to a 9–5 working day, usually centred around a traditional office space. But all of that changed earlier this year when the COVID-19 pandemic led to an unprecedented lockdown, spurring firms to adapt their operationsto facilitate remote working at very short notice.

ADYEN (AMS: ADYEN), the global payments platform of choice for many of the world’s leading companies, announced today the support of Amazon Pay as a payment method. Amazon Pay enables Adyen to provide its merchants’ shoppers with a familiar, fast, and secure way to pay online.

ComplyAdvantage, a global technology company transforming how institutions manage their financial crime risk and compliance, has today been named a Technology Pioneer by the World Economic Forum.

Founded in 2014, ComplyAdvantage has rapidly made its mark on the compliance industry globally in combating money laundering and terrorism financing. The company applies proprietary algorithms and ontology to data sets using data science and machine learning in the development of the first global, connected database to tackle financial crime.

Leading chargeback remediation and dispute technology specialist, Chargebacks911, has launched its revolutionary new brand, Fi911, to provide financial institutions with a suite of next generation chargeback and merchant lifecycle management technology.

Temenos (SIX: TEMN), the banking software company, was ranked the market’s leading software provider in digital banking, core banking, payments and risk management product categories according to the IBS Intelligence Sales League Table 2020 (SLT). Temenos was also named a regional leader in both Europe and Americas.

Relying on Enfuce’s turnkey service, indó can develop and scale “the world’s least powerful bank”.