Transportation news and trends

Open-Loop Payments Help Advance Smart City Innovation
Connected Economy // May 14, 2024

The concept of the connected commuter is gaining momentum, driven by the increasing reliance on digital solutions for travel and commuting needs. PYMNTS Intelligence research highlighted this trend, revealing an increase in the prevalence of apps and platforms to streamline everyday commuting journeys. This growing shift has...

Tesla’s Autopilot Scandal Puts Future of Autonomous Transport Under Microscope
Transportation // May 09, 2024

If you take your hands off the wheel, you might crash.  That proverbial piece of advice, commonly leveled at business leaders and managers, has taken on a new meaning in light of the U.S. Department of Justice‘s (DOJ) investigation revealed Wednesday (May 8) into electric vehicle (EV) automaker...

Bolt Technology Hiring Managers for eScooter Rentals Launch in US
Transportation // May 07, 2024

Estonian company Bolt Technology OU is reportedly looking to hire managers to launch eScooter rentals in several cities in the United States. The firm posted job listings on LinkedIn last week seeking general managers and operations managers for such a venture in Los Angeles; Seattle; Austin, Texas; and...

Chase’s New SMB Offerings Point to Appeal of Ad Hoc Real-Time B2B Payments
Real-Time Payments // May 02, 2024

In B2B interactions, faster payments — especially ad hoc payments — may prove to be a competitive advantage. PYMNTS Intelligence found that non-recurring payments represent roughly a quarter of total accounts payable volume. One-third of companies surveyed said improved customer/client satisfaction would be part of improved ad hoc payments....

Interviews & Exclusives
Open-Loop Payments Help Advance Smart City Innovation

May 14, 2024
The concept of the connected commuter is gaining momentum, driven by the increasing reliance on digital solutions for travel and commuting needs. PYMNTS Intelligence research highlighted this trend, revealing an increase in the prevalence of apps and platforms to streamline everyday commuting journeys. This growing shift has led to an influx of traffic into urban centers, prompting […]

AI and Connected Vehicles Create New Road Maps for Smart Cities

April 04, 2024
Death, taxes — and traffic — are some of life’s unavoidable certainties. But in the quest for smarter, more efficient urban environments, artificial intelligence (AI) is helping to pave the...

Gaming and Entertainment Options Forge New Roads for Connected Cars

February 21, 2024
In today’s dynamic digital landscape, original equipment manufacturers (OEMs) and developers are constantly exploring fresh ways to leverage advanced technologies to enhance the in-car experience for drivers.  For gaming enthusiasts,...

Uber, Lyft Differences Boil Down to Transportation vs End-to-End Mobility

February 14, 2024
Uber and Lyft’s most recent earnings reports spotlight a widening divergence in approach in business models. At first glance, there’s a core focus for both firms: That would be matching...

Quick Reads
Bolt Technology Hiring Managers for eScooter Rentals Launch in US

May 07, 2024
Estonian company Bolt Technology OU is reportedly looking to hire managers to launch eScooter rentals in several cities in the United States. The firm posted job listings on LinkedIn last week seeking general managers and operations managers for such a venture in Los Angeles; Seattle; Austin, Texas; and other cities, Bloomberg reported Tuesday (May 7). Bolt is active in more […]

Uber for Business Adds ‘Delegate Profiles’ for Executive Assistants

April 24, 2024
Uber for Business has designed a new tool to make it easier for executive assistants (EAs) to arrange corporate travel.  The company’s new delegate profiles enable EAs to manage ground transportation for...

Odessa Launches Originations Platform, Plans Auto Finance Suite

April 24, 2024
Equipment finance company Odessa has entered the auto industry. The company has launched an originations platform called Odessa Auto and plans to grow it into a full-service end-to-end auto finance suite, Odessa said in...

Basemark Raises $23 Million For Augmented Reality Automotive Software

April 09, 2024
Augmented reality (AR) software firm Basemark has raised $23 million in a new funding round. Based in Helsinki, Finland, Basemark makes augmented reality (AR) tools that help automotive original equipment manufacturers...