Gig Economy

A gig economy is a free market system in which temporary positions are common and organizations contract with independent workers for short-term engagements. The term "gig" is a slang word meaning "a job for a specified period of time" and is typically used in referring to musicians. Temporary work or temporary employment refers to an employment situation where the working arrangement is limited to a certain period of time based on the needs of the employing organization.

(source: whatis.techtarget.com)

Gig Economy
Uber Driver Claims Top Spot in Provider Rankings of Gig Platform Apps
November 10, 2023

Amid persistent inflation and economic uncertainty, gig work offers a way to pad our wallets and cushion our financial safety nets. With so many platforms to get a gig, it can be hard deciding which one is worth your time. Get the Full Story Complete...

Gig Economy
Uber and Lyft to Pay $328 Million Settlement for Withholding Driver Pay
November 02, 2023

Uber and Lyft will pay a combined settlement of $328 million after multi-year investigations into their practices by the New York State Attorney General. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Gig Economy
i2c, Payfare Expand Partnership to Provide Gig Workers Faster Payouts
November 01, 2023

Banking and payments solutions provider i2c has announced the expansion of its partnership with Payfare, a global FinTech company, to enhance financial access and empower gig workers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Gig Economy
Uber Driver Speeds Ahead to Clinch Top Spot in PYMNTS’ Gig Platform App Ranking
October 16, 2023

This month in PYMNTS’ Provider Rankings of Gig Platform Apps, we have a lot of contenders that maintained their rankings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Gig Economy
Vlorish Launches All-in-One Finance Platform for Freelancers
October 06, 2023

FinTech startup Vlorish launched its freelancer finance platform, aiming to simplify bookkeeping, budgeting and credit scoring models for the freelance market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Gig Economy
Uber Predicts 40% Price Hikes Under EU Gig Worker Law
September 20, 2023

Uber said a proposed European gig worker law could trigger price hikes and service shutdowns. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Gig Economy
Uber Driver Races to Secure No. 1 in PYMNTS’ Gig App Ranking
September 14, 2023

In this month’s edition of PYMNTS’ Provider Ranking of Gig Platform Apps, Uber Driver stands out as the frontrunner. To delve deeper into the leading platforms of the moment, check out the top-rated apps below. Get the Full Story Complete the form to unlock this...

Gig Economy
Report: Uber Plans TaskRabbit-Style ‘Chore’ Service
September 11, 2023

Uber is reportedly looking to add odd jobs to its list of services.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Gig Economy
Moove Raises $76 Million to Provide Financial Services for Mobile Gig Workers
August 10, 2023

Moove has secured $76 million in new funding to expand its financial services platform for mobility gig workers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...