The neobank is seeking to cash in on a rebound in overseas travel with a booking product that includes 10% cashback—the launch will also let the company promote existing travel offerings and drive engagement with its app.

Business and leisure travelers have returned to what happens in Las Vegas, as the Las Vegas Convention and Visitors Authority (LVCVA) welcomes visitors back with a new motto that touts the city’s innovative and experiential offerings. Watch Industry Voices: Spotlight on Travel with LVCVA’s Kate Wik, CMO, to learn how the destination marketer is managing visitors’ pent-up demand and shorter booking windows.

eMarketer was pleased to moderate a Tech-Talk Webinar featuring Criteo's Rory Mitchell, executive managing director, Americas. He discussed how travel and retail advertisers can prepare for the increase in travelers, and flight, hotel, and car rental bookings.

The coronavirus has upended the US travel industry. Fears of infection, governmental measures restricting travel and access to public places, and the economic downturn will depress bookings, sales and ad spending in 2020 and beyond.

No industry has been as devastated by the coronavirus pandemic and its effects as travel. Airlines, car rental agencies, hotels and resorts, online booking services, cruises and destination marketing organizations, and business travel support services found their operations ground to a near-halt for much of Q2 2020, and the situation has barely improved in H2.

Other recent additions to its suite of consumer banking tools include travel booking and a slew of new benefits for its paid-account customers. The bigger picture: Payday could help Revolut make inroads with prospective business clients as well as consumer banking customers. Revolut’s early access features could help persuade customers to try out the neobank.

Standout features include cryptocurrency and stock trading, insurance, early salary access, subscription management, and travel bookings. Weakness: Lack of Full UK License. Revolut’s e-money license means that it can’t offer overdrafts, loans, or deposit accounts and doesn’t directly offer FSCS protection.

Has travel ad spending taken flight?

This inaugural study ranks eight leading premium travel credit cards offering 49 emerging features, weighted by demand from prospective customers.

Alerts for international debit card transactions will regain importance as travel picks up. In early July, the UK government began relaxing COVID-19 restrictions, and travel bookings are bouncing back. This makes international transaction alerts even more important for neobanks, many of which support travel- and exchange-related features to begin with.