The Consumer Financial Protection Bureau (CFPB) on Monday (May 16) published a report on mortgage services’ responses to the COVID-19 pandemic, saying homeowners “continue to face significant risks and challenges,” based on data collected from 16 large servicers from May to December 2021. Get the...
Uber on Monday (May 16) announced several new innovations it will roll out to enhance its ride-hailing core business, including autonomous deliveries and charter bus reservations, according to a blog post by CEO Dara Khosrowshahi. Get the Full Story Complete the form to unlock this...
At the start of the pandemic, restaurants realized that if they wanted to maintain their relationships with their customers through lockdown, they would have to make their menus available via online ordering platforms. Now, as online ordering has evolved into a long-term habit, consumers are...
Today in retail, Uber launches a pair of Los Angeles-based robotic delivery pilot programs, while Walmart and Target are among the big retailers set to report their quarterly earnings this week. Plus, Walmart is struggling to find manager candidates, even with a $210,000-plus salary. Get...
As financial institutions (FIs) and eCommerce businesses see the need to optimize payment capabilities with accurate and efficient processes, there’s a solution that will help them do so quickly: application programming interfaces (APIs). Get the Full Story Complete the form to unlock this article and...
German financial watchdog BaFin has ordered Deutsche Bank to clarify how its staff uses private messages on WhatsApp for business purposes, part of a worldwide effort to curb the practice of mixing business with personal lives. Get the Full Story Complete the form to unlock...
Early-stage venture capital firm Infinity Ventures is launching its inaugural $158 million fund to help fuel FinTech infrastructure, commerce enablement and other startups that align with its model and portfolio. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Amazon, Shopify and others are feeling the sting of slower online sales in early 2022. That’s likely transitory as physical and online retail rebalance for what could be a long recovery. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
As aggregators struggle with driver labor challenges, Uber Eats is approaching the issue by removing drivers entirely. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
