March 22, 2024
Bank Regulators Worry About Merger Systemic Risks, Banks About Fraud

Michael Hsu, acting comptroller of the currency at the Office of the Comptroller of the Currency (OCC), recently voiced support for a new proposal by Federal Deposit Insurance Corp. (FDIC) to apply additional scrutiny when reviewing...

March 20, 2024
Gig Worker Wage Policies Pinch Consumer Demand, Driver Pay

What started as a move toward fairer compensation has evolved into a heated debate, pitting the interests of drivers against those of gig economy giants. In New York City, for...

March 15, 2024
Uber, Lyft to Exit Minneapolis After Minimum Wage Vote

Uber and Lyft will reportedly halt their operations in Minneapolis after the city council voted to require that drivers be paid a minimum wage of $15.57 per hour. The rideshare...

March 15, 2024
PAR Technology Acquires TASK, Stuzo to Expand Unified Commerce Offerings

PAR Technology has acquired TASK Group and Stuzo Holdings to expand its unified commerce software offerings. These acquisitions will expand the global food service technology company’s offerings into convenience stores,...

March 11, 2024
EU’s Gig Worker Legislation Moves Closer to Vote After Compromises

The European Union (EU) is reportedly inching closer to passing legislation on the social and labor rights of millions of gig workers within online platforms. The journey to this point...

March 08, 2024
Banyan Appoints Ex-Uber, PayPal Executive Vish Shastry as Chief Product...

Banyan has appointed former Uber, PayPal and Visa executive Vish Shastry as chief product officer. “We are thrilled to welcome Vish to Banyan,” Jehan Luth, founder and CEO of Banyan, said in a Thursday (March 7) blog post. “He’s an...

March 08, 2024
Expense-Sharing Apps Adapt to Changing Relationship Dynamics

Budgeting and managing expenses are fundamental aspects of individual financial well-being.  However, when it comes to couples, these practices take on a heightened significance. Financial disagreements rank among the top...

March 07, 2024
Uber Eats Adds Live Location Sharing as Aggregators Compete to...

As on-demand delivery aggregators race to offer the most easy, seamless customer experience, Uber Eats is adding live location sharing for hard-to-find deliveries. The aggregator announced Thursday (March 7) the launch of...

March 05, 2024
US Chamber of Commerce Joins Lawsuit Against Independent Contractor Rule

The U.S. Chamber of Commerce has joined a lawsuit challenging the Department of Labor’s (DOL) new independent contractor rule. Filed Tuesday (March 5), the lawsuit focuses on the DOL’s new test for classifying employees and...