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Google Testing Same-Day Delivery In San Francisco

PYMNTS

Google is getting into the grocery delivery market, with NBC News reporting that it is testing a same-day delivery service that will bring food and other online orders to consumers’ doorsteps. The idea behind it, noted NBC News, is for Google to make people even more reliant on the Internet so it can turn around and sell more online ads.

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Retail Pulse: Rent The Runway Opens San Francisco Store; Crate & Barrel Plans Restaurant

PYMNTS

Rent the Runway , in particular, is opening a 2,600-square-foot store in San Francisco after outgrowing its 1,800-square-foot space inside of a Nieman Marcus store in the city. In San Francisco, the company’s third-largest market, 83 percent of transactions by subscribers are “self-service.”.

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San Francisco Startup Lumoid Lets Best Buy Shoppers Try Before They Buy

PYMNTS

Thanks to a partnership with San Francisco startup Lumoid, it’s a rental option that lets electronics shoppers try before they buy. Or they can send back the rental and buy a brand-new product. What does Best Buy have that Amazon doesn’t? This is a good way for Best Buy to get a few more dollars out of returned items.

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CoverHound Raises $58M For Expansion Of Insurance Platform

PYMNTS

CoverHound, the online property and casualty insurance platform operator, announced Tuesday (Feb. In a press release , the San Francisco startup that has sold more than 200,000 policies online said the Series D funding round was led by global insurer Hiscox and included participation from Chubb, Aflac Ventures, MS&AD of Japan.

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Consumers' Preference For Online Car Sales And Auto Loans Shakes Up Banks And Dealers

PYMNTS

Power research shows that the number of customers doing their credit applications online has kicked into high gear. Consumers and Banks Both Like Online Auto Loans. Consumers are apparently so glad to dump the back-office haggle between dealer and bank that roughly one-third of car buyers are now doing the loan process online, J.D.

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Aura is using grocery stores to market installment loans to the underbanked

Bank Innovation

For Aura, an online lending platform for low-income families, reaching underbanked borrowers means going beyond the bank setting and working with retailers to reach customers who may be overlooked by traditional lenders.

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Can Banks Solve their Small-Dollar Loan Problem with Fintech Partnerships?

Bank Innovation

Aura, a San Francisco-based fintech offering affordable loans to low to moderate-income households, wants to partner with banks to offer those loans to consumers who have traditionally been unable to secure them from larger institutions.