Nick Pedersen, Managing Director of EQ Global has been confirmed to speak at World Travel Market 2017, taking place at the London ExCel, Royal Victoria Dock, 1 Western Gateway, from Monday 6th of November to Wednesday 8th November.
Pedersen will speak about the regulatory changes facing travel businesses, and the risks they present to operating profit. In his presentation, he’ll also tackle the main changes affecting cross-border payments processes under new PSD2 regulation, commenting on both the challenges and opportunities for companies in the travel sector.
Furthermore, Pedersen will also give guidance on how to remain relevant to customers and markets, how to maximise profits between customer receipt and supplier payment and lastly, how travel businesses can create efficiencies in their global payment processes.
Now in its 37th year, World Travel Market is the leading global event for the travel industry, generating more than £2.8 billion of business contracts between attendees. Taking place over three days, the event will bring almost 5,000 exhibiting destinations, technology and private sector companies together with 51,000 travel professionals, key industry buyers, journalists, digital influencers, students and tourism ministers.
Pedersen will deliver his presentation on Tuesday 7th of November between 12.15pm and 12.45pm at the Travel Tech Theatre. Pedersen has also been invited to speak as a guest at the World Travel Market’s sister show, Card Not Present, where he will take part in a panel discussion in the Travel Tech Theatre about payments and fraud within the travel industry.
Nick Pedersen, Managing Director of EQ Global said: “I am thrilled to be given the platform to share my views and industry insights around how travel businesses can utilise cross-border payments to gain a market edge against their competitors.
“There will be major regulatory shifts just around the corner for thousands of travel businesses throughout the UK. Some will be in a position where they understand these changes, but many others are still to engage with how these regulations could impact them. However, there are many opportunities that travel businesses can capitalise on in terms of their global payments processing, including the ability to open up new revenue streams and mitigate the risk of currency fluctuations.”