Truevo, Mastercard & Actuary Advance Travel Data Intelligence
September 23, 2024
T&E Risk Monitor enables Truevo to unlock cashflow, mitigate exposure, and optimize merchant terms
Monday 23 September – Truevo, a leading payment service provider, today announced a collaboration with Mastercard and actuary.aero to provide transaction-level visibility through enhanced data insights for its travel merchant customers.
Leveraging the T&E Risk Monitor, a digital platform combining secure and permissioned payment, booking, and service data, Truevo gains end-to-end visibility into merchant payments. This enables more confident fund management, improved release decisions, and stronger collateral negotiations based on data-driven insights.
The solution bridges the gap between merchants and acquiring banks by providing a single source of truth on risk exposure. This supports proactive engagement, maintains commerce flow, strengthens merchant liquidity, and contributes to a more resilient travel payments ecosystem.
Executive Commentary
Lewis Clark, VP & Head of Sales at Truevo, commented: "We are committed to providing our customers with the tools they need to succeed. The T&E Risk Monitor helps boost growth and minimize risk. This collaboration benefits stakeholders across the travel ecosystem, enabling greater transparency, confidence, and resilience."
Chiara Quaia, Senior Vice President, Travel Industries at Mastercard, said: "The travel industry is dynamic and fast-paced. Payment technologies must not only support but accelerate commercial relationships. Mastercard is strengthening trust across the travel payments value chain by co-creating secure, transparent, and scalable solutions that power sustainable growth."
Building on its long-term relationship with Mastercard, actuary.aero integrates acquirer transaction data and merchant booking data to provide enhanced visibility and control over travel risk exposure.
Livia Vite, CCO of actuary.aero, added: "We believe in the power of data-driven insights. By embedding advanced analytics into the T&E Risk Monitor, the platform not only manages risk but unlocks growth opportunities and operational efficiency. This collaboration marks an important step toward a more transparent and resilient payment ecosystem."
Truevo’s customers will benefit from advanced analytics including daily risk exposure updates, customized payout solutions, and enhanced chargeback management.
About Truevo
Truevo is a multinational payment service provider delivering fast, secure, and seamless payment solutions for businesses worldwide. The company supports merchants with a broad range of payment methods, including credit cards, debit cards, and alternative payment options, enabling growth in the digital economy.
Press Contact
Dominic Russell
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