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Fexco to attend IATA World Financial Symposium in Barcelona

11 Sep 2015
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Financial technology company Fexco will attend the International Air Transport Association (IATA) second annual symposium on world finance for the airline industry in Barcelona from September 14 – 17. This year, the focus of the conference is on industry action to support sustained airline financial health.

The World Financial Symposium (WFS) brings together over 700 financial executives and specialists working within the aviation and airline industries. Delegates at the event will discuss industry challenges and best practices for aviation financial management.

Fexco will have the opportunity to showcase its world class Multi-Currency Pricing (MCP) and Dynamic Currency Conversion (DCC) solutions to over 110 airlines to be represented at the event. The solutions offered by FEXCO can be particularly beneficial to the airline industry which prices their fares and ancillary services in multiple currencies. Through Fexco’s MCP platform, the airline can offer their fares and ancillary products in multiple currencies with the traveller selecting the currency in which to browse the website and ultimately make payment in. The solution also allows airlines to generate new and leverage existing revenue streams when the margin, normally applied by the travellers own bank and card scheme, is replaced by a guaranteed commission share fully managed by Fexco Treasury.

Again with Fexco DCC, the airline can provide the traveller with a more tailored payment experience. Through card recognition software, international cardholders are offered the choice to pay for flights and ancillary services in their home currency instead of the airline’s default currency while the airline benefits from a risk free solution.

Having recently announced a partnership with Hong Kong Airlines to deliver a wholly integrated MCP solution to the airline, Fexco is well-positioned to leverage expertise within the industry.

The conference provides a key networking opportunity where Fexco can discuss industry news, matters, advancements and opportunities with partners from across the globe including Amadeus and Datalex.

Fexco welcomes attendees to visit their stand located at booth 47 in the Fairmont Rey Juan Carlos I from September 14 – 17. For more information please contact Álvaro Díez, Senior Sales Manager, email: adiez@fexco.com or phone: +34 628 259 073.

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