California Financial Technology Innovation 
CFPB Monitor
JANUARY 12, 2021
The California Consumer Financial Protection Law (CCFPL) became effective on January 1, 2021. The DFPI is “preparing to open a new Office of Financial Technology Innovation that will engage with new industries and consumer advocates to encourage consumer friendly innovation and job creation in California.
CFPB Monitor
SEPTEMBER 20, 2021
AB-1864, which took effect on January 1, 2021 and significantly expanded the powers of the California Department of Financial Protection and Innovation, required the DFPI to establish a “Financial Technology Innovation Office.”. These discussions may include regulatory questions.
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CFPB Monitor
MAY 21, 2021
The California Department of Financial Protection and Innovation announced earlier this month that it has hired Christina Tetreault to lead the new Office of Financial Technology and Innovation. Tetreault most recently served as Manager of Financial Policy for Consumer Reports.
CFPB Monitor
SEPTEMBER 8, 2020
We previously wrote about California Governor Newsom’s 2020-2021 Budget and an accompanying trailer bill that would rename the Department of Business Oversight (“DBO”) and significantly increase its ability to oversee financial services providers in the state. California Consumer Financial Protection Law. Register here.
PYMNTS
OCTOBER 9, 2020
Company Co-Founder and Partner Dana Settle told Bloomberg that Greycroft plans to use the fresh funds to invest in retail-oriented businesses, although it's also interested in working with health technology, financial technology and grocery-related businesses. Salesforce Ventures .
PYMNTS
AUGUST 27, 2019
According to PYMNTS’ Credit Union Innovation Index , 65 percent of CU members said they chose a CU as their primary financial institution (FI) because they trusted it, as opposed to 45 percent of non-CU members who said the same. How California Coast Credit Union is Transforming in the Digital Age. billion in assets.
PYMNTS
FEBRUARY 16, 2017
The Institute for Money, Technology & Financial Inclusion (IMTFI) at the University of California, Irvine announced Wednesday (Feb. According to UCI, the first report to come out of the center, which is slated for later this year, will look at the drivers of financial technology change, as well as consumer adoption.
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