When money leaves accounts, it’s gotta go somewhere – if not for a transaction, then to another account. 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...
New York City has been trying to reduce traffic congestion by limiting new licenses to ridesharing drivers and making passengers pay an additional congestion fee. The moves did not stop Uber and Lyft from having their biggest month ever, according to Bloomberg. Get the Full...
In an earnings call on Friday (May 31), Uber CEO Dara Khosrowshahi said the company was optimistic about the ride-sharing market and the competition within it. Lyft shares rose following the news, according to a report by CNBC. Get the Full Story Complete the form...
The chief operating officer of Goldman Sachs said the bank is working on a digital money management tool in an attempt to attract more customers from Main Street, according to a report by Reuters. Get the Full Story Complete the form to unlock this article...
As part of its strategic plan, investment firm Goldman Sachs aims to win the business of more mid-sized companies. It also plans to spend $4 billion technology this year per John Waldron, the bank’s president, who made the remarks at a Bernstein conference in New York, the...
It’s no secret that digital technology is bringing historic change to the automotive industry, and the latest example comes from eBay. The online marketplace announced that it has extended its tire installation coverage to some 3,500 shops. Get the Full Story Complete the form to...
When most people talk about the high-tech future of ridesharing, they are generally talking about self-driving vehicles as the next logical great leap forward. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Through a televised experience, Lacoste plans to enable French Open viewers to purchase clothing via “on-air shoppable moments.” The opportunity will come through NBCUniversal’s ShoppableTV experience, RetailDive reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Some entrepreneurs are inspired to start companies because they spot unmet needs in the market: Frontdesk Co-Founder and Chief Growth Officer Jesse DePinto, for instance, saw the amateur nature of home shares but the opportunity for something better than a hotel. The company saw the...
