Singapore’s Grab Holdings wants to cut costs for its ridesharing app/food delivery service. A report Thursday (Dec. 15) by Reuters outlines the cost-cutting measures, which come amid ongoing struggles for the delivery sector. The Reuters report says Grab will pause most hiring, institute salary freezes...
Air travel may have rebounded, but the process of actually catching a flight has not. From parking to check-in to baggage, security and boarding, this friction-filled outdated routine is the stuff of nightmares — and that’s when there aren’t any delays. It’s also why David...
FinTech Airwallex has teamed with Agoda to help Hong Kong business travelers book their accommodations. The companies say their partnership — announced in a recent news release — is designed to meet a surge in demand for business travel. When booking through the Agoda travel...
The European Parliament is considering making card payment terminals obligatory at all EV charging points. In fact, as electric vehicles (EVs) grow in popularity across Europe, laying down the necessary charging infrastructure has become a top priority for lawmakers. Learn more: EVs Transform Urban Transport...
Chat commerce company Clickatell has updated its offerings for the travel sector. According to a Wednesday (Dec. 7) news release, new benefits of the company’s chat commerce platform include lower costs for businesses to hold chat conversations and engagement in real-time or any-time communications. The...
Regions Bank has debuted a virtual card designed to streamline business travel payments. The bank’s Visa Commercial Pay solution, announced in a news release Monday (Dec. 5), is designed for Regions’ treasury management clients. Regions Bank says the solution lets businesses that use a travel...
Increasing optionality in travel payments is helping to keep the sector’s rebound rolling. Al Enes, vice president of gig economy and travel at payments platform Nuvei, told PYMNTS it’s no mystery that two-plus years of pent-up demand was unleashed early in the year and led...
Paris micromobility firms have introduced new rules for electric scooters. Following threats from city officials to not renew operating licenses next year due a lack of adequate safety measures in the capital, three eScooter operators — Lime, Dott and Tier — have all announced upgrades...
Travel bans slowed the world down, but recovery points to the attraction of real-time payments. That’s according to Spencer Hanlon, global head of travel payments at Nium, who said in an interview with PYMNTS that while the period of travel bans and canceled flights was...