Expenses news and trends

TrueCar Is Restructuring and Changing Management as Losses Continue
eCommerce // June 14, 2023

TrueCar, the online vehicle listing platform, is set to undergo a strategic restructuring aimed at rationalizing its organization and improving efficiency amid broader downshifts in the sector.  In an announcement Wednesday (June 14), TrueCar described “a strategic restructuring to streamline the organization, including a workforce reduction...

Deep Dive: How Virtual Cards Can Help Firms Control The Expenses Of A Remote Workforce
Spend Management // October 19, 2021

The pandemic accelerated the already sizable trend toward a more remote workforce, and it appears that remote work’s ubiquity is not ending anytime soon. A staggering 97% of all U.S. office employees have worked from home at some point during the pandemic, according to a...

Some Airports Freeze Renovations As Fewer Passengers Fly
Travel Payments // June 08, 2020

Plans to expand some airports have been put on hold as air transportation has been grounded by the COVID-19 pandemic, The Wall Street Journal reported. The San Francisco International Airport has postponed its $1 billion terminal renovation. In Florida, the Greater Orlando Aviation Authority has eliminated...

Even CEO: Why Savings Is The Key To Breaking The Paycheck-to-Paycheck Cycle
financial apps // January 27, 2020

In the paycheck-to-paycheck economy, estimates vary slightly. Some analysts have reported that roughly 65 percent of all U.S. workers now live paycheck to paycheck, and a large fraction of those workers struggle to pay their bills. A PYMNTS study, done in collaboration with Mastercard, found...

Interviews & Exclusives
Even CEO: Why Savings Is The Key To Breaking The Paycheck-to-Paycheck Cycle

January 27, 2020
In the paycheck-to-paycheck economy, estimates vary slightly. Some analysts have reported that roughly 65 percent of all U.S. workers now live paycheck to paycheck, and a large fraction of those workers struggle to pay their bills. A PYMNTS study, done in collaboration with Mastercard, found that nearly 30 percent of gig workers — currently more […]

How POS Financing Can Make The Friendly Skies Much Friendlier

March 06, 2019
The family vacation to Disney World. The trip to a best friend’s destination wedding. The retired couple’s once-in-a-lifetime bucket list getaway. There are all kinds of reasons that consumers want...

Quick Reads
TrueCar Is Restructuring and Changing Management as Losses Continue

June 14, 2023
TrueCar, the online vehicle listing platform, is set to undergo a strategic restructuring aimed at rationalizing its organization and improving efficiency amid broader downshifts in the sector.  In an announcement Wednesday (June 14), TrueCar described “a strategic restructuring to streamline the organization, including a workforce reduction impacting approximately 102 positions, or 24% of the Company’s headcount.”  […]

Some Airports Freeze Renovations As Fewer Passengers Fly

June 08, 2020
Plans to expand some airports have been put on hold as air transportation has been grounded by the COVID-19 pandemic, The Wall Street Journal reported. The San Francisco International Airport has...

Facebook Invests $130M In Content Oversight Board

December 12, 2019
Facebook has been at work creating a content oversight board over the past year. The social media company is now reportedly investing $130 million to the effort, Engadget reported. The content...

Restaurant Operator Blames Bankruptcy On Wage Hike

July 08, 2019
Restaurant Unlimited Inc., an eatery operator with 35 restaurants, has filed for bankruptcy and is blaming the misfortune on a recent minimum wage hike in court filings, according to a...