Mastercard has announced a partnership with Crisis24, a GardaWorld company, to introduce a new travel risk management platform aimed at ensuring the safety of employees while traveling. The service will be available to Mastercard Travel and Expenses (T&E) cardholders in the Eastern Europe, Middle East, and Africa (EEMEA) region.
The travel risk management platform will provide businesses with real-time information and advice on how to keep their employees safe during crisis situations. It utilizes artificial intelligence (AI) and a team of experts to monitor risks worldwide and offer timely support to companies. The platform also enables companies to conduct pre-emptive risk assessments, develop security strategies, and establish alert protocols.
Clyde Rosanowski, Senior Vice President of Commercial Solutions for EEMEA at Mastercard, emphasized the importance of a human-centric approach to risk management. He stated that people are vital resources for companies and that the partnership with Crisis24 will enhance employees’ safety and the quality of their travel experiences.
The new travel risk management platform is a significant addition to Mastercard T&E’s value proposition. It has been developed based on decades of experience, industry best practices, and user input. The platform is accessible online or through a dedicated app and is fully integrated and configurable to align with an organization’s policies. Users can request personalized analyst reports directly from the platform.
The partnership between Mastercard and Crisis24 aims to empower businesses in the EEMEA region to take a proactive approach to managing potential threats and ensuring the safety of their employees during business trips.
Craig Sweet, Managing Director of Northern Europe for Crisis24, expressed pleasure in partnering with Mastercard and providing their commercial customers with comprehensive travel risk management solutions. These solutions enable organizations to meet their duty of care requirements by making informed decisions and proactively managing risks to their people, both domestically and internationally.
In summary, Mastercard’s partnership with Crisis24 introduces a travel risk management platform for businesses in the EEMEA region. This platform leverages AI and expert insights to monitor risks globally, provide real-time information, and support companies in keeping their employees safe during travel. It represents a significant step forward in Mastercard’s commitment to providing tools and resources for employee safety and business success.