Fair news and trends

Smart Data And AI Use Can ‘Nudge’ Customers To Better Offers
Digital Payments // June 24, 2021

Data, in a way, exists as a currency. Customers are willing to trade it, especially when they’re prompted with a nudge and the right reward. Cover Genius CEO Angus McDonald, Fair CEO Khalid Parekh and Varo Chief Technology Officer Deep Varma told PYMNTS in the...

Five Star Mobile Banking Apps Give Banks A False Sense of Security
Digital-First Banking // March 03, 2021

The digital shift has spurred a mass epiphany about physical bank branches. After all, almost anything we can do in the physical world can be done via bits and bytes. To be sure, everything from check deposits to bill payments to investing — those staples...

Multilingual Neobank Fair Raises $20 Million To Address Racial Wealth Gap
Investments // February 09, 2021

The multilingual neobank startup Fair raised $20 million in less than 40 days and is preparing to launch to the general public in April, with early bird memberships available in March, the company said in a press release on Tuesday (Feb. 9). The backers were...

Fair’s Vehicle Rentals By The Week For Uber Drivers To End In April
Ridesharing // February 07, 2020

The Fair Go program, which allowed Uber drivers to lease vehicles through short-term arrangements, is coming to an end, Fair reportedly announced at an all-hands meeting on Thursday (Feb. 6). The program will stop in April, according to reports. A spokesperson said, according to reports,...

Interviews & Exclusives
Smart Data And AI Use Can ‘Nudge’ Customers To Better Offers

June 24, 2021
Data, in a way, exists as a currency. Customers are willing to trade it, especially when they’re prompted with a nudge and the right reward. Cover Genius CEO Angus McDonald, Fair CEO Khalid Parekh and Varo Chief Technology Officer Deep Varma told PYMNTS in the latest installment of On the Agenda that digital-first consumers are […]

Five Star Mobile Banking Apps Give Banks A False Sense of Security

March 03, 2021
The digital shift has spurred a mass epiphany about physical bank branches. After all, almost anything we can do in the physical world can be done via bits and bytes....

Ford Drops Vehicle Subscriptions, As The Space Accelerates

September 12, 2019
The whole culture of driving is changing – no doubt more quickly than many could have imagined. Further proof of that comes from Ford, and the hot-and-getting-hotter world of vehicle...

TRENDING: How Car Buying Is Moving Into Mobile’s Fast Lane

November 27, 2017
It’s time to shift gears when it comes to a commonly held perception about millennials and vehicle ownership. After years of believing millennials were disavowing the practice, recent studies indicate the...

Quick Reads
Meta Releases AI Models That Generate Both Text and Images

June 18, 2024
Meta has released five new artificial intelligence (AI) research models, including ones that can generate both text and images and that can detect AI-generated speech within larger audio snippets. The models were publicly released Tuesday (June 18) by Meta’s Fundamental AI Research (FAIR) team, the company said in a Tuesday press release. “By publicly sharing […]

Multilingual Neobank Fair Raises $20 Million To Address Racial Wealth Gap

February 09, 2021
The multilingual neobank startup Fair raised $20 million in less than 40 days and is preparing to launch to the general public in April, with early bird memberships available in...

Fair’s Vehicle Rentals By The Week For Uber Drivers To End In April

February 07, 2020
The Fair Go program, which allowed Uber drivers to lease vehicles through short-term arrangements, is coming to an end, Fair reportedly announced at an all-hands meeting on Thursday (Feb. 6)....

Fair Auto Subscription Firm Cuts 40 Pct Of Workforce

October 24, 2019
Fair, a car startup that lets people own cars flexibly, has been paying attention to the fate of venture-backed startups like Uber and WeWork, who have been struggling to find...