THE FINTECH INTERVIEW
DANIEL MAROVITZ
FinTech Magazine speaks to SVP of Fintech at Booking . com , Daniel Marovitz , about his career to date and journey to Booking . com
Q . WHAT IS YOUR BIGGEST DAY-TO-DAY MOTIVATOR ?
» Improving connectivity and simplicity are my day-to-day motivators . At Booking . com we ’ re driven as a team to make it easier for everyone to experience the world . I believe in the power of travel to connect : travel , culture and language are areas that bring us all closer together . Payments are a big part of enabling the connective experiences of travel .
So much of travel is subjected to complex financial friction . Travel is really hard from an ecommerce perspective because it ’ s crossborder and across currencies . There are unfamiliar payment methods . It ’ s just different from other categories of ecommerce and we ’ re talking bigger ticket items than simple merchandise too .
There ’ s more emotion and anxiety around it as a topic . I ’ m driven by that challenge : to make payments easier and through this to make planning travel easier . Booking . com ’ s FinTech unit sits alongside the company ’ s two main units : trips and accommodation . We ’ re in the thick of the innovative solutions and investments that make it as easy as possible for our customers and partners to connect . As a truly global ecommerce company with business operations in nearly every country and city on the planet , the vision behind this business unit is to make buying and selling travel-related products and services through millions of cross-border , cross-currency transactions taking place daily , truly easier for everyone .
20 November 2023