Press Article

Protected Trust Services reports surge in membership

Protected Trust Services reports surge in membership

Protected Trust Services has reported a surge in popularity in the trust account model with 37 new members joining in the last three months of 2018. This represents double the number of members who joined the travel industry protection firm in the last quarter of 2017. Members pay a fee to join PTS and in…

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Travel fraud database stops six criminals in first six months

Travel fraud database stops six criminals in first six months

Six criminals within six months have been prevented from “consortia-hopping” thanks to the trade’s first industry-wide fraud intelligence database. The Fraud Intelligence Network (Fin) is a database of more than 1,000 criminals. After a soft launch in June, it officially launches this week, at the culmination of the Prevention of Fraud in Travel (Profit) cybercrime…

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