Leverage Open Banking for Corporates
Booking.com & J.P. Morgan
For Booking Holdings the ability to predict their cash and liquidity became more important than ever as an industry impacted by the pandemic. The company owns and operates some of the world’s largest travel aggregators that allow customers to book accommodation, flights, ground transport, and restaurants. Their flagship website, Booking.com, offers access to some 2.5 million properties across over 230 countries and territories. Due to Booking Holdings enormous geographic reach and need for numerous bank accounts across the world, accurate cash forecasting became a challenge. In this session, Booking’s Treasury Team alongside J.P. Morgan will share how they brought Real Time Treasury to practice by leveraging APIs for multibank reporting resulting in significant improvements in streamlining and processes.
Speakers: Tom Devine, Treasury Manager Booking.com, and Alexander Huiskes, International Coverage Executive J.P. Morgan.