Cross River Bank has formed a partnership with payments solution provider MassPay. The collaboration, announced Tuesday (July 9), is designed to expand access to domestic instant payments, particularly in sectors like the gig economy and others facing real-time payment complexities. “The rise of independent contractors, gig and creator economies and online...
Tax compliance solution providers TaxBit and Taina Technology have teamed up to help digital marketplaces with their onboarding and reporting needs related to gig workers. Designed for users in the United States and other countries, the new solution offered by this partnership is designed to...
Uber and Lyft agreed to a settlement with the Massachusetts Office of the Attorney General, resolving the office’s multiyear litigation against the ridesharing companies. The settlement includes rules on wages, benefits and protections for drivers, the office said in a Thursday (June 27) press release....
Uber has reportedly been locking out drivers from its app during periods of low demand over the past month in response to New York City’s minimum pay rule. Lyft is threatening to adopt the same strategy, Bloomberg reported Monday (June 24). This move is in...
June 03, 2024
Social media offers a running commentary on consumer sentiment and serves as a barometer of backlash. It may be the case that tiplflation is pushing individuals to scale back on gratuities, or not dig into their pockets to tip at all. Media outlets have been detailing rising debate on tipping — how to do it, […]
March 01, 2024
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 15, 2024
The emergence of ridesharing platforms such as Uber and Lyft has not only transformed commuting habits but also reshaped the gig economy landscape, granting drivers unprecedented levels of flexibility and autonomy. However, complex gig...
February 02, 2024
As freelancing, remote employment and other new models of work emerge, coworking app Groove is seeing demand rise for subscription services that can aid consumers in structuring their workday, building...
July 15, 2024
OCN, a gig worker-focused FinTech formerly called OneCarNow, raised $86 million in equity and debt in a Series A funding round. The firm, based in Mexico, will use the new funding to fuel its expansion across the Americas and globally, OCN said in a Monday (July 15) press release emailed to PYMNTS. “When we founded […]
July 09, 2024
Cross River Bank has formed a partnership with payments solution provider MassPay. The collaboration, announced Tuesday (July 9), is designed to expand access to domestic instant payments, particularly in sectors like the gig economy...
July 08, 2024
Tax compliance solution providers TaxBit and Taina Technology have teamed up to help digital marketplaces with their onboarding and reporting needs related to gig workers. Designed for users in the...
June 28, 2024
Uber and Lyft agreed to a settlement with the Massachusetts Office of the Attorney General, resolving the office’s multiyear litigation against the ridesharing companies. The settlement includes rules on wages,...
