Travelex

We have a number of clients that are banks, so traditional banks as you would think about down the street.

That said, we have a lot of other types of clients like Travelex in the money moving space, obviously, or Shift4 in the point of sale.

We have clients in Africa and UAE and Mexico.

And even when we have A-band clients, say, like a Santander or Credit Agricole, Our deployment is across multiple countries and multiple banks and multiple regions.

It doesn't work in another country, does it? Your AUD, your Aussie dollars, are not gonna wor- uh, work on the streets of Bangkok or Tokyo or Paris.

No, what you need to do first is head to TravelEx or head to a currency exchange and convert your Aussie dollars into Thai baht or Japanese yen or euros so that it will work in the foreign country.

And in the same way, Jesus is actually saying that the money of this world, our worldly wealth and possessions, it can't be taken with us.

It's temporary.

And my recommendation is to always buy a standalone travel insurance policy from a company.

I particularly use Travelex, but a standalone policy that is built around the specific risks and needs associated with traveling.

There are kind of five questions you should ask if you think your credit card insurance covers you.

The five questions are, does it cover emergency medical expenses? You know, some people confuse travel assistance with medical insurance.

Ollie, thank you.

Can we start by talking about your Travelex journey?

Yeah.

In 1986, BAA was opening Heathrow Terminal 4 and putting the foreign exchange contract out to tender.

At that point, every foreign exchange operation in a British airport was run by a clearing bank.

BAA drew up their list of companies to invite to bid, and Travelex was not on it.

Many businesses would've accepted that.

You did not.