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To ease fuel-price pain, subsidies, rebates gain momentum

Payments Dive

Chicago and California propose giving prepaid gas cards to eligible residents and assistance to public transit users. State and federal efforts to suspend gas taxes face criticism for potential economic and environmental impacts.

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Uber Adds Pre-Tax Commuter Benefits Option

PYMNTS

But once the employer opts into the program through a participating benefit provider, the employee is able to add a commuter benefits debit card to their Uber account. At the end of the past summer, Uber announced the initial program that allowed employees to upload their commuter benefits debit card to pay for uberPOOL rides.

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On Demand Pay Finds A Home In Financial Services

PYMNTS

It’s well known that individuals must pay bank and auto loans, utility and credit card payments in a timely manner or risk facing penalties. The tax situation can also improve for individuals and their employers alike as workers move to leafier, suburban locales. Yet, in neighboring Connecticut, the top income tax rate is 7 percent.

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Does Apple Pay Growth Signal Contactless Transit Boost?

PYMNTS

Contactless fares would reduce all those moments of existential dread that come from standing in air so frigid that Jack London , the tough guy writer of the Alaskan gold rush, would have run home to his mother for soup and his blankie (Hello, Chicago!), Chicago View. Contactless Reality.

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Uber Price Spike Revealed In Chicago

PYMNTS

Although ride-hailing companies like Uber and Lyft strive to keep pricing strategies secret, a Chicago law requires the disclosure of fare data, Reuters reported on Tuesday (Nov. The price hikes primarily apply to Chicago’s low-income neighborhoods, where there is a higher demand for carpool rides.

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FI Highlight: National Police Credit Union

Banking 2020

Jim Bedinger, COO of Chicago Patrolmen’s Credit Union and CEO of National Police Credit Union , shares how he’s working towards reaching a targeted audience and community – police members and their families. Why did Chicago Patrolmen’s Federal Credit Union see a need to create the National Police Credit Union?

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Start/Stop Cycle: Modern-Day Money Laundering And What To Do About It

PYMNTS

Enter Al Capone and the Chicago Outfit, who turned the popularity and cash-based nature of the laundromat into an opportunity. It’s just like Al Capone running the “Chicago Outfit” – a much more legitimate-sounding organization than “the Italian mob” or “the Mafia.”. Spoiler alert: People still wanted to drink.

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