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 12, 2024
Uptick in Inflation Impacts Nearly Every Consumer Despite Age, Earnings
News this week that inflation inched up slightly in February is bad news for U.S. consumers, but if there’s any consolation, most say they saw it coming. When PYMNTS Intelligence surveyed nearly...
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 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...
March 05, 2024
Uber and Mastercard Launch Pro Card for Canadian Gig Workers
Uber is now offering its Pro Card to its Canadian drivers and delivery workers. The card, developed in collaboration with Mastercard and gig worker-centric FinTech Payfare, gives workers free instant payouts after every trip...
March 01, 2024
Gig Economy: Digital Platforms and Instant Payments Open New Roads...
The rise of the gig economy has transformed work for millions of individuals. From freelance creatives to ridesharing drivers, gig workers are pursuing financial independence on their terms, redefining the...
February 28, 2024
InDrive Launches Lending Solution for Drivers on Its Rideshare Platform
InDrive, a global mobility and urban services platform, introduced a new financial services product called inDrive Money. The offering provides cash loans to drivers operating on its platform in Mexico,...
February 28, 2024
Robinhood Opens Retirement Offering to Gig Workers
Investment platform Robinhood is expanding its retirement offering to include gig workers. “Robinhood Retirement For Independent Workers” kicked off Wednesday (Feb. 28) in partnership with three high-profile gig economy companies: Grubhub, Gopuff and Taskrabbit. “Robinhood Retirement...
