Technology

Travel Industry Solutions Launches Industry-First Fraud Prevention Tool for Travel Agencies

Published

11 months ago

May 27, 2025

First-of-Its-Kind AI-Powered Tool Helps Travel Advisors Prevent Fraud, Avoid Chargebacks, and Safeguard Payments in Real Time

ALTAMONTE SPRINGS, Fla., May 27, 2025 /PRNewswire-PRWeb/ — Travel Industry Solutions (TIS), a leading provider of contract templates and operational tools for travel advisors, today announced the launch of the travel industry’s first dedicated fraud prevention solution designed specifically for travel agencies.

“Our new fraud solution is designed for how travel advisors actually operate. It fits directly into the card collection process, requires no merchant account, and gives advisors the early warnings they’ve never had before—allowing them to better protect their clients, businesses, and reputations.”

The new TIS fraud prevention feature integrates real-time fraud detection at both the pre-authorization stage and the credit card vault level, empowering travel advisors to detect high-risk transactions before supplier payments are processed.

At the core of the solution is the TIS Fraud Score, a proprietary safety rating based on a comprehensive analysis of a wide range of transaction details, flagging potential risks in real time. Armed with a TIS Fraud Score, advisors can approve, deny, or request further verification before moving forward with the booking—greatly reducing the likelihood of financial loss or reputational damage.

The TIS fraud prevention feature was specifically designed to address the increasing concerns of fraud in the travel sector, which puts agencies of all sizes at risk. In 2023, more than 36% of transactions in the travel and leisure sector involved suspected fraud attempts—the second-highest rate in any industry globally. Since then, that number has only increased with the use of artificial intelligence by scammers. In fact, Booking.com reported a staggering 500 to 900% increase in travel scams over the past 18 months, largely attributed to the nefarious use of AI. The average chargeback rate also increased by 19% between Q4 2023 and Q1 2024, indicating a growing trend of contested transactions in the travel industry.

Travel advisors, who routinely process high-ticket, card-not-present transactions, are especially vulnerable to these risks—yet most available fraud tools are built for general retail, not the unique nuances of travel bookings.

“We built our fraud prevention feature specifically to address the needs of travel professionals, combining decades of machine learning and AI to deliver real-time, actionable risk scores,” said Sheila Folk, CEO and Founder of Travel Industry Solutions. “With this tool, advisors can make smarter decisions, reduce chargebacks, and protect their bottom line before fraud ever touches their business.”

One of the unique challenges travel advisors face is they typically don’t process payments through their own merchant accounts. Instead, they collect credit card information using secure vaults and then manually use those cards to pay suppliers. While vaults are secure for storage, they offer no built-in fraud detection features, such as screening for stolen cards, synthetic identities, or suspicious behavior. This leaves agencies exposed to losses, with suppliers often holding them responsible when fraud occurs.

“Our new fraud solution is designed for how travel advisors actually operate,” Folk added. “It fits directly into the card collection process, requires no merchant account, and gives advisors the early warnings they’ve never had before—allowing them to better protect their clients, businesses, and reputations.”

In addition to providing direct fraud detection, TIS is offering webinars, demonstrations, and consultation calls to host agencies, consortia, and travel businesses interested in rolling out this protection for their advisor networks.

For further information, please visit travelindustrysolutions.com or contact hello@travelindustrysolutions.com.

Media Contact

Sheila Folk, Travel Industry Solutions, 1 407-421-0333, sheila@travelindustrysolutions.com, www.travelindustrysolutions.com

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SOURCE Travel Industry Solutions

Technology

1-800Accountant Launches Tax Savings Services Designed for 1099 Workers

Published

39 minutes ago

April 22, 2026

New offering helps independent contractors structure their business to reduce their tax burden from day one

NEW YORK, April 22, 2026 /PRNewswire/ — 1-800Accountant, the nation’s leading virtual accounting firm for small businesses, announced the launch of a new service offering built specifically for 1099 workers and independent contractors. The service helps freelancers and self-employed professionals work with an accountant to select the right business setup for their income, with a focus on reducing taxes from the start.

Growth Is Outpacing Tax Readiness

Independent contractor work has grown significantly in recent years. 1-800Accountant’s client data shows sharp year-over-year growth across contractor-heavy industries, with Consulting up 17%, Construction up 10%, and Service-sector clients growing more than 200% compared to 2024. Despite this growth, many contractors continue to overpay their taxes because they operate without a formal business structure in place or the right tax election.

The gap is particularly visible in industries like Healthcare, Engineering, and Legal, where LLC adoption among 1-800Accountant clients sits at 81%, 72%, and 71%, respectively, well below the 90%-plus rates seen in higher-adoption industries like Construction and Real Estate. 1-800Accountant’s new business tax optimization service closes that gap by matching contractors with the right business type while ensuring their business is set up correctly before they file their first return.

“Independent contractors continue to be one of the fastest-growing segments of the American workforce, and they are also among the most underserved when it comes to strategic tax planning,” said Mike Savage, Founder and CEO of 1-800Accountant. “That lack of planning means that most 1099 workers don’t realize how much they’re leaving on the table. This service changes that. We’re giving contractors access to the same strategic advantages that established businesses have, ensuring the right business setup from the beginning.”

Tax Strategy Built In from Day One

These services walk clients through a structured process that includes accountant-recommended business types, registering with the appropriate state agencies, and coordinating with an accountant to ensure alignment between the structure and the client’s specific tax situation. 1-800Accountant integrates business setup for 1099 earners into a broader tax strategy tailored around each contractor’s income level, filing status, and long-term goals.

“What sets us apart is the tax strategy layer,” said Ryan Teeples, Chief of Strategy at 1-800Accountant. “What contractors and gig workers actually need are professionals to help them understand which tax setup makes the most sense for their income, their industry, and where they want their business to go. Then, we do the work to save on both their business and personal taxes. That’s what we’re delivering here.”

The service is available now to new and existing 1-800Accountant clients. Pricing starts at $19 per month (plus any government filing fees) and includes business setup evaluation, tax return preparation and filing, state registration, federal registration, simple-to-use AI bookkeeping software, and a consultation with a tax expert for onboarding and explanation of their individual tax situation.

About 1-800Accountant

1-800Accountant is the nation’s leading virtual accounting firm for small businesses and independent contractors. With a team of credentialed accountants and tax professionals, 1-800Accountant provides bookkeeping, tax preparation, tax planning, and advisory services to clients across all 50 states. The firm is committed to making professional accounting accessible and affordable for business owners at every stage.

Contact: Wyatt Johnson
Content Manager, 1-800Accountant
920-807-9159 | media@1800accountant.com

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SOURCE 1-800Accountant

Technology

9fin launches in APAC to expand global credit coverage

Published

39 minutes ago

April 22, 2026

With APAC playing a bigger role in increasingly complex global credit markets, 9fin brings the news, data and AI tools professionals need to navigate volatility

HONG KONG, April 22, 2026 /PRNewswire/ — 9fin, the AI-native information platform for global debt markets, has formally launched in the Asia Pacific region, giving credit professionals access to cutting-edge news, data and analysis across private and public bonds and loans.

As the 9fin team continues to grow quickly across APAC from its initial base in Hong Kong, it is supporting firms locally by providing proprietary credit intelligence, comprehensive data, and AI-powered workflow tools, all within one unified platform.

The launch comes as the tussle between public and private markets intensifies in APAC, making it more important than ever for banks, asset managers, advisors, and law firms to have visibility across the full credit landscape. While bond issuance has dropped amid geopolitical disruption, private credit activity remains robust as borrowers seek alternative financing options.

By combining deal intelligence from local sources with its extensive global credit database and AI tools, the 9fin platform gives users a comprehensive view across fragmented markets. The APAC platform includes coverage of more than 1,800 issuers and 16,000 instruments, with issuance history dating back to 2003 following 9fin’s acquisition of Bond Radar, in March 2025.

9fin is already used by more than 300 institutions globally, including KKR, Apollo, BNP Paribas, and Kirkland & Ellis. The company’s APAC buildout — supported by its $170 million Series C fundraise in March 2026 — marks the next phase of its global expansion.

Steven Hunter, CEO and co-founder at 9fin, commented: “APAC is a complex region and is becoming even more so as private markets expand and geopolitical volatility increases. The region needs a faster, smarter platform covering the full picture across bonds, loans, private credit and distressed. That’s exactly what 9fin provides. With our full platform now live in APAC, we’re giving our users the clarity to make informed decisions, faster.”

9fin’s APAC launch follows its expansion across the US, Europe, and Latin America, with CEEMEA to follow.

About 9fin

9fin is the AI-native platform for global debt markets. Founded by former J.P. Morgan banker Steven Hunter and Deutsche Bank engineer Hussam EL-Sheikh, the company combines data, analytics, and AI-powered workflows in a single platform, helping clients work smarter and faster to outperform their peers.

The company is headquartered in London, with offices in New York, Hong Kong, and Belfast and with teams across Latin America and Asia. For more information, visit 9fin.com.

Media contacts
Jessica Simpkin
jessica.simpkin@9fin.com
Shree Dhond/Katie Nerantzis
Dukas Linden Public Relations | 9fin@dlpr.com

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Technology

Trimble First Quarter Earnings Call and Webcast

Published

39 minutes ago

April 22, 2026

WESTMINSTER, Colo., April 22, 2026 /PRNewswire/ — Trimble (Nasdaq: TRMB) will hold a conference call on Wednesday, May 6, 2026 at 8 a.m. ET to review its first quarter 2026 results. The call will be broadcast live on the web at https://events.q4inc.com/attendee/544327873. Analysts who wish to dial into the call may do so by first registering at https://events.q4inc.com/analyst/544327873?pwd=s5ilhwSm. Upon registration, dial-in details will be sent via email to the registrant.

About Trimble

Trimble is a global technology company that connects the physical and digital worlds, transforming the ways work gets done. With relentless innovation in precise positioning, modeling and data analytics, Trimble enables essential industries including construction, geospatial and transportation. Whether it is helping customers build and maintain infrastructure, design and construct buildings, optimize global supply chains or map the world, Trimble is at the forefront, driving productivity and progress. For more information about Trimble (Nasdaq: TRMB), visit: www.trimble.com.

FTRMB

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SOURCE Trimble