Booking.com SVP of Fintech, Daniel Marovitz - Building a Global Travel Payments Platform
Description
In today’s episode, lead host Djavaneh Bierwirth speaks with Daniel Marovitz, Senior Vice President of Fintech at Booking.com. Daniel shares his journey from studying East Asian languages to leading fintech innovation at one of the world's largest travel e-commerce companies. We explore the complexities of cross-border payments, the evolution of digital payments in the travel industry, and the strategies Booking.com employs to enhance the travel experience.
Timestamps:
0:00 - Introduction
1:27 - Daniel's career journey
7:53 - Challenges of cross-border payments in travel
12:17 - Booking.com's payment innovations
16:58 - Partnering with local payment methods
21:31 - Balancing payment method complexities
29:26 - Evolution of Booking.com's fintech strategies
37:26 - Connected trip concept
38:37 - Build vs. partner decisions in fintech
45:04 - Advice for aspiring fintech entrepreneurs
47:26 - Closing thoughts
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