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Emburse Adds Notifications of Better Hotel Rates for Business Travelers
Emburse Adds Notifications of Better Hotel Rates for Business Travelers
May 14, 2024  |  Travel Payments

Emburse now enables business travelers to receive automated notifications when there is a better rate available at their hotel or at a comparable hotel. These notifications are delivered within the Emburse Go Premier travel...

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Fifth Third and Bottomline Debut Enhanced Payables Tool
Fifth Third and Bottomline Debut Enhanced Payables Tool
May 14, 2024  |  Partnerships

Fifth Third Bank is working with business payments provider Bottomline to offer new payment options. The companies debuted of Enhanced Payables — powered by Bottomline and its business payments network, Paymode-X — designed...

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Square: Restaurant Worker Pay Jumps 66% in 7 Years
Square: Restaurant Worker Pay Jumps 66% in 7 Years
May 14, 2024  |  ResTech

Labor costs continue to weigh on restaurants, according to a new report by Square. The point-of-sale payments company’s Quarterly Restaurant Report, released Tuesday (May 14) notes...

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Square Adds 5 New Integrated Solutions for Restaurants
Square Adds 5 New Integrated Solutions for Restaurants
May 14, 2024  |  ResTech

Square has formed several new integrations and partnerships with organizations serving food and beverage (F&B) companies. The provider of commerce solutions also said that 45%...

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Lyft Extends 70% Pay Standard to Drivers Nationwide
Lyft Extends 70% Pay Standard to Drivers Nationwide
May 14, 2024  |  Ridesharing

Ride-hailing platform Lyft said it wants to lift its driver’s earnings. Earlier this year, the company introduced a new standard for drivers, ensuring they will always earn 70%...

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Klarna Reports Internal AI Assistant Answers 2,000 Employee Questions Daily
Klarna Reports Internal AI Assistant Answers 2,000 Employee Questions Daily
May 14, 2024  |  Artificial Intelligence

Klarna reported that over 87% of its employees across the company are now using generative artificial intelligence in their daily work. The global payments network and shopping assistant...

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Uber Pays $950 Million for Delivery Hero’s Taiwan Foodpanda Business
Uber Pays $950 Million for Delivery Hero’s Taiwan Foodpanda Business
May 14, 2024  |  Acquisitions

Uber is acquiring Delivery Hero’s foodpanda delivery business in Taiwan for $950 million. The deal, announced Tuesday (May 14), is expected to close in the first half of next year and...

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Bank of America CEO: Consumers Show Spending ‘Resilience’
Bank of America CEO: Consumers Show Spending ‘Resilience’
May 14, 2024  |  Economy

Bank of America’s CEO says consumer spending is still healthy despite steep interest rates. Spending has risen between 3% and 4% this month compared to a year ago, Brian...

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Mistral AI Names Marjorie Janiewicz as US General Manager
Mistral AI Names Marjorie Janiewicz as US General Manager
May 14, 2024  |  Personnel

French artificial intelligence firm Mistral AI has named a new general manager for the U.S. Appointed last month, Marjorie Janiewicz will be responsible for bolstering the company’s go-to-market presence...

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