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moves money PYMNTS.com September 08, 2026

Faye Pays Travel Claims Before Travelers Ask

Faye Pays Travel Claims Before Travelers Ask
AI Summary

A traveler lands after a long connection, only to find the next flight has already left without them. In the old version of this story, they’d spend the next hour on hold, then wait weeks for a reimbursement check to show up in the mail. Elad Schaffer , co-founder and CEO of AI-powered, end-to-end travel insurance platform Faye , is building toward a different version, one where the claim is already resolved and the money is already on the traveler’s phone before they’ve found a place to sit dow

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