Transportation

Travel Payments
Airwallex and Expedia Partner to Offer Discount to Business Travelers
May 17, 2023

Airwallex and Expedia Group have teamed up to offer a discount to global business travelers. Existing and new users of the Airwallex payments and financial platform can receive a 10% discount off hotel stays that they book on the Expedia travel technology platform, the companies...

Travel Payments
OmniPay and Discover Global Network Partner to Launch Travel Card
May 11, 2023

OmniPay and Discover® Global Network have partnered to launch the OmniPay Travel Card. This collaboration brings together the capabilities of OmniPay, a non-bank financial institution (NBFI) and electronic money issuer (EMI) supervised by the Central Bank of the Philippines, and Discover Global Network, the payment brand of Discover Financial...

Ridesharing
Uber Hopes UK Airline Bookings Will Speed Super App Takeoff
May 10, 2023

Uber has reportedly added flight bookings in the U.K. to fuel its super app ambitions. The changes let customers in Great Britain schedule full journeys via several forms of transportation, the Financial Times reported Wednesday (May 10). According to the report, Uber has begun offering...

Travel Payments
Airbnb Promotes ‘Rooms’ Rentals for Cost-Conscious Vacationers
May 03, 2023

While people still want to travel, they may not want to pay to rent an entire house. That’s the thinking behind Airbnb’s new “Rooms” program, announced Wednesday (May 3) as a more affordable new take on the company’s original offering. “Airbnb began as a way...

Travel Payments
Travelers Want Their Payments to Be Invisible and Hyper-Local Too
May 03, 2023

Travel is a vertical ripe to be examined, ready to embrace a technological shift — and a mindset shift, too — when it comes to payments. Spreedly Vice President of Product Management Joe Meuse, EBANX Vice President, Global Market Development & Channels Gregory Cornwell, and Hopper Head of Product, Payments & Fraud Anirudh...

Transportation
Transportation Stock Dip May Signify Recession Fears Are Coming True
May 02, 2023

On April 20, The Wall Street Journal detailed the performance of stocks deemed economically sensitive, such as those within the transportation sector, against the broader market as harbingers of an oncoming recession. The article notes that the Dow Jones Transportation Average, which follows the 20 largest...

Ridesharing
Uber One Members Drive 27% of Mobility Platform’s Gross Bookings
May 02, 2023

Uber’s latest quarterly earnings results showed a continued rebound in ride-hailing, and the company’s membership program, Uber One, continued to show evidence that the “cross-selling” opportunity offered by the mobility giant continues to gain fruit. The company said in its earnings and supplemental materials that...

Ridesharing
HumanForest Raises $15 Million to Grow UK eBike Business
April 30, 2023

U.K.-based micromobility firm HumanForest has raised $15 million to boost its eBike technology. The company announced its Series A funding Friday (April 28), saying it would use the money to double the size of its fleet and develop its advertising technology platform and user app....

Transportation
Conduent Launches Real-Time Payments Solutions for Transportation Sector
April 28, 2023

Conduent is now using real-time payments over the RTP Network in the transportation sector. With new digital solutions offered through the company’s Digital Integrated Payments Hub, transportation agencies can bill, and toll road users can pay, tolls more quickly, easily and securely, Conduent said in...