Google-owned self-driving vehicle startup Waymo is reportedly close to finalizing a $16 billion funding round. That new funding will value the company at $110 billion, more than double its current valuation, the Financial Times (FT) reported Saturday (Jan. 31), citing sources familiar with the matter....
Nuvei says it is offering its merchants a chance to tap into WEX’s virtual card technology. With this partnership, travel merchants within Nuvei’s network can see improved cash flows, stronger liquidity, reduced credit dependency and increased payments transparency, the companies announced Tuesday (Jan. 27). “Our...
Ride-hailing platform Uber Technologies, physical AI company Nuro and electric vehicle company Lucid announced Monday (Jan. 5) that they began on-road testing of their robotaxi in December and plan to launch a robotaxi service in the San Francisco Bay Area later this year. The companies are displaying the vehicle at this week’s CES event, they said in a press release....
Consumers are growing comfortable with letting artificial intelligence (AI) agents plan their vacations. And so the world’s biggest hotel companies are working to get consumers to book directly, to help save on commission to online platforms, the Financial Times (FT) reported Saturday (Dec. 27). The...
China UnionPay has launched a mobile app designed to provide one-stop digital services for foreign visitors to China. The Nihao China app offers services related to payment, transportation, daily life and cultural tourism, the company said in a Wednesday (Dec. 24) press release. “The launch...
Global commerce platform WEX now enables drivers of any brand of electric vehicle to charge at Tesla Superchargers in Europe. This capability is enabled by a new integration of the EV Driver by WEX app with the Tesla Supercharger network, WEX said in a Monday...
Sometimes you don’t need a ride to travel. That’s a good lesson to remember as Thanksgiving and the holidays scatter American consumers to highways and airports for their annual visits. Because in the travel category for PYMNTS app provider rankings, Couchsurfing has taken the lead. ...
For business travel, disruption has become a default setting. The combination of supply chain stress, hybrid work, demand volatility and shifting traveler expectations has transformed corporate mobility from a routine cost center into a testbed for agility. With the ongoing government shutdown having impacted nearly...
Carmakers are reportedly refocusing their efforts to roll out autonomous vehicles amid new competition. That’s according to a report Sunday (Nov. 2) from the Financial Times (FT), which cited the example of General Motors. The company halted plans to build robotaxis last year, but said...