Page 11 - gs250602
P. 11

IndustryUpdate





          2032, growing at a 7.40 percent CAGR. This antici-
          pated growth is fueled by increased demand for
          AI-powered property management, contactless guest
          services and robust cloud infrastructure. Property
          management software leads in market share, while
          central reservation tools and hybrid deployment
          models are the fastest-growing segments. Hotels
          dominate by end use, but restaurants and bars are
          adopting software rapidly. North America currently
          leads, while  Asia-Pacific is expanding fast. Major
          players include Oracle, Microsoft, Cloudbeds, Mews
          and StayNTouch, with recent innovations enhancing
          automation and personalization.
          Visa reports on digital
          remittances adoption 2025

          Visa's Money Travels: 2025 Digital Remittances Adoption
          Report revealed a strong shift toward digital remit-
          tance apps in North America, favored for their conve-
          nience, reliability and security. In the United States.,
          69 percent of respondents prefer apps for sending
          remittances, and 61 percent for receiving. Similar
          trends were seen in Canada. Traditional methods
          like cash and checks continue to decline. While users
          value ease of use and privacy, high fees remain a con-
          cern, particularly with hidden charges in non-digital
          transactions. Visa highlighted the growing role of
          digital  tools—including  stablecoins—in  improving
          remittance  speed,  affordability  and  transparency  as
          demand for global money transfers continues to rise.

        PARTNERSHIPS


          Axxess, Rellevate team up on fintech services            bluu™ Tab Order is designed to

          Axxess, a provider of healthcare-at-home technol-        help restaurants improve efficiency,
          ogy, partnered with Rellevate to provide innovative      reduce labor costs, and boost
          digital banking and instant payment solutions for
          the healthcare workforce. This collaboration allows      customer experience.
          Axxess clients to offer faster wage access, improving
          financial wellness, job satisfaction and staff retention
          while easing administrative burdens, the partners
          stated, adding that Rellevate's platform delivers
          secure, modern financial tools tailored to the needs
          of frontline caregivers, helping healthcare organiza-
          tions attract and retain talent. Leaders from both
          companies emphasized the shared mission to sup-
          port the healthcare sector with convenient, impactful
          solutions that recognize and enhance the daily lives
          of dedicated care professionals.
          FlightLogger, BlueSnap ease
          aviation training payments

          FlightLogger, a flight training management soft-
          ware provider, selected global payment orchestra-
          tion platform BlueSnap as its international payments
          partner. Serving over 200 flight schools in 50+ coun-

                                                                                                                11
                                                                                                                11
   6   7   8   9   10   11   12   13   14   15   16