After being caught like a deer in Uber's headlights for the past five years, the taxi industry appears to be waking up.
Verifone Taxi Systems announced Wednesday that its recently acquired cab-hailing app Curb will soon launch in New York with an advance-booking feature—the first of its kind among the city's myriad ride-hailing apps.
Verifone operates payment systems and backseat TVs in about 14,000 New York City taxis—including about half of all yellow cabs—and already has a cab-hailing app, Way2Ride. Curb, which it bought in October, operates in 60 cities and gives the company a national footprint. Verifone is integrating the two apps and will "sunset" Way2Ride by the end of the year, said Amos Tamam, the company's senior vice president, in an interview.Read Complete Article