Transportation

Travel Payments
RV Marketplace Outdoorsy Sees Record Bookings and 76% New Users
April 28, 2023

As peak summer travel season closes in fast and with flights, hotels and restaurant prices all inflated, more people are opting to ditch that model and rent a recreational vehicle (RV). The economics of RV rentals are favorable in several ways, Co-founder and Chief Marketing...

Travel Payments
Nuvei Integrates With Travel Software Provider Sabre
April 25, 2023

Payments FinTech Nuvei has integrated its platform with travel software firm Sabre. The integration, announced Tuesday (April 25), will let Sabre offer its partners a “superior customer payments experience,” helping them maximize card payment approval rates, boost revenue growth, and “reduce customers lost due to...

Ridesharing
Lyft to ‘Significantly Reduce’ Workforce April 27 as It Restructures
April 21, 2023

Lyft will “significantly reduce” the size of its workforce next week. The company did not specify the number of employees who will be affected, instead saying they will be notified about their employment status Thursday (April 27). All offices will be closed that day, and...

Travel Payments
2023 Travel Outlook May Be Dimming as Prices Clash With Layoffs and Inflation
April 10, 2023

Even as pent-up travel demand was unleashed throughout 2022 with airlines and lodgings firms reporting strong performance and outlook, the word “uncertainty” was used a lot and could be taking a more definable form as doubt has entered the picture for the travel sector in...

Travel Payments
Google Pay to Reimburse Travelers if Airline Ticket Price Drops
April 03, 2023

Amid the great travel rebound, the scramble to book flights and pay for them leads to something else entirely. Let’s call it booking envy. Log on, submit payment, and then (we’ve all been there) feel crestfallen upon finding out that the price falls days or...

Transportation
T3 Tech Launches Software to Support Small Fleets’ Order-to-Cash Lifecycle
April 03, 2023

T3 Tech has launched software that supports the order-to-cash lifecycle of freight transactions. Designed for small fleets operating 20 or fewer trucks, the new TrueTMS transportation management system features a cloud-native design, user-friendly interface and structured workflows, T3 Tech said in a Monday (April 3)...

Transportation
Paris to Ban eScooter Rentals After Being Pioneer in Micromobility
April 03, 2023

Paris will ban electric scooter rental services effective Sept. 1. The move follows a Sunday (April 2) referendum in which 89% of those who voted favored the ban, The Wall Street Journal (WSJ) reported Sunday. The French capital had been a pioneer in the urban...

Ridesharing
Lyft’s CEO Shakeup Hints at Need to Think More Like Uber
March 28, 2023

Lyft could use a lift. At this writing, the company’s shares are trading at a bit over $9.60, well off recent peaks of more than $17. The fact that the stock’s barely budged in the wake of a significant shakeup in the C-suite belies investors’...

Travel Payments
Airlines Turn to Orchestration as Consumer Payments Preferences Multiply
March 22, 2023

As talk in payments circles turns more and more to localization and alternative payment methods (APMs), smart routing and payments orchestration is stepping up as a solution to the soft declines and complex billing issues that attend air travel, especially international. To that end, London-based...