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Gett Shutters Juno In New York, Partners With Lyft

PYMNTS

Ridesharing company Gett, which operates under the name Juno in New York City, is shuttering its operations there and entering into a partnership with Lyft to take on its accounts, according to a report by TechCrunch. Gett acquired Juno in 2017 for about $250 million, in a move to expand in the region.

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Regional Banks Guide Corporates To Future-Proof Accounts Payable

PYMNTS

People’s United Bank, which operates across Connecticut, southeastern New York state, Massachusetts, Vermont, Maine and New Hampshire, recently demonstrated the growing interest of community banks to collaborate with FinTechs to expand their product offering — just as larger national and multinational financial institutions (FIs) do.

Regional 214
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BNY Mellon Names Robin Vince To Lead Global Market Infrastructure

PYMNTS

The Bank of New York Mellon (BNY Mellon) has appointed Goldman Sachs alum Robin Vince as its new vice chair and CEO of global market infrastructure as of Oct. In his new position, Vince will oversee BNY Mellon's Clearance and Collateral Management, Treasury Services, Markets and Pershing businesses, the release says.

Marketing 175
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Popular Bank Implements Branch Realignment in the New York Metro Region to Enhance Focus on Communities and Small Business Support

PopularBank

Popular”) (NASDAQ: BPOP), bank holding company of Popular Bank, today announced Popular Bank’s strategic realignment of its New York Metro branch network. This realignment in our New York Metro market is consistent with our small business and retail services model in South Florida,” said Popular, Inc.

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Lyft To Lay Off ~90 Sales And Marketing Employees

PYMNTS

.” The change comes as the ridesharing service — which employs 5,500 people — is asking itself hard questions about how it will continue to stay profitable, The New York Times reported. The layoffs will hit about 90 people, and will consist of jobs in the marketing and enterprise sales departments.

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NY’s Transit Authority Wants To Use Fed’s New Loan Initiative

PYMNTS

The New York metropolitan region represents over 8 percent of the nation’s total gross domestic product, and the MTA’s operations are critical to the economic health of the New York region and the country,” Foye said, according to Bloomberg.

New York 144
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How GDPR Is Testing The Homesharing Market

PYMNTS

As data security and transparency become greater concerns across a number of markets, some services are already working to confront the challenges. In India, Google Pay is up against t he New Delhi High Court over its operations in the region, facing a debate over how the payment service should be regulated.

Marketing 179