CFPB Monitor

SEPTEMBER 10, 2020

As part of California’s recent triad of consumer financial services legislation, including AB-1864 , which creates the Department of Financial Protection and Innovation and the California Financial Protection Law, and AB-376 , which includes a new Student Loan Borrower Bill of Rights.

California 122

California Regulation Innovation Lending 122

PYMNTS

FEBRUARY 7, 2020

Envoy operates a blockchain platform built with R3’s Corda, with a focus on streamlining financial processes in the global trade space — including facilitating payments via tokenization technology. The $13 million raised for U.K. ClearMetal.

blockchain 247

blockchain Fintech California System 247

PYMNTS

JANUARY 24, 2020

But no matter the case, music is a big part of the retail world, and is helping to create new harmonies of innovation and disruption. Although Apple will operate the playlist, a fairly young label called UnitedMasters , founded in 2017, will provide much of the music. Others don’t. New Partnerships and Services.

Retail 151

Retail Innovation Apple San Jose 151

PYMNTS

AUGUST 28, 2019

At the time, Labor Department official Keith Sonderling said the decision “offers further insight into the nexus of current labor law and innovations in the job market.”. California Trucking Weighs In. Trucking companies in California say the proposal under Assembly Bill 5 is likely to lead to supply chain disruptions.

California 116

California Taxes Industry New York 116

Bank Innovation

AUGUST 10, 2018

Talagala told Bank Innovation an obstacle […].

California 186

California Software Innovation Company 186

PYMNTS

SEPTEMBER 25, 2020

The grants are part of the San Jose, California-based worldwide online payments system’s $530 million pledge made earlier this year to strengthen minority communities and fight for economic equality and racial justice. PayPal Holdings Inc. provided $5 million in grants to support Black-owned businesses in the U.S.

San Jose 261

San Jose Baltimore Nebraska Community 261

PYMNTS

MAY 24, 2019

In the May Intelligence of Things Tracker , PYMNTS explores the latest news in IoT, including new innovations, security issues, and how oversight groups and governments are reacting to the growing concerns surrounding IoT. Currently, Express Logic operating systems are installed in 6.2 Developments from Around the IoT World.

California 188

California San Francisco Charlotte Security 188

PYMNTS

DECEMBER 5, 2019

Quick-service restaurants (QSRs) have heard the call for innovative digital ordering capabilities, with several major brands stepping up their investments in this area. Fellow fast food chain KFC , meanwhile, is adding automation to its kitchen operations in the United Kingdom and Ireland.

Innovation 131

Innovation Houston Metro Mobile 131

PYMNTS

NOVEMBER 14, 2019

Sports are big business around the globe, so it comes as no surprise that retail innovation constantly takes place within that industry, and in combination with payments. The app was initially available at just six locations in California, Iowa and Texas, but now caters to more than 60 venues across the United States.

Mobile 129

Mobile Innovation San Jose Iowa 129

PYMNTS

JULY 10, 2020

Open banking comes in several flavors, yet its rise requires robust Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures, Zac Cohen , chief operating officer at identity verification firm Trulioo told Karen Webster in a recent interview. The Pandemic Is Speeding Innovation Up. Regulation Vs. Market Forces. Cohen said.

Data 272

Data Innovation Fintech Illinois 272

PYMNTS

JULY 25, 2018

After recently suspending its operations due to financial difficulties, meal kit company Chef’d has found a buyer. True Food Innovations has reportedly bought Chef’d’s assets after it closed suddenly on July 16, The Wall Street Journal reported. Consequently, please cease all work associated with Chef’d.”

Innovation 100

Innovation New York California Operations 100

PYMNTS

MARCH 27, 2020

While the advancement of open banking regulations may be seeing a small skip due to the spread of the coronavirus , many countries saw business and typical banking operations halted right after deciding upon new online privacy rules. The potential reach and creation of such an agency is still currently being debated.

Data 199

Data Retail US California 199

PYMNTS

JULY 29, 2019

The rise of video games, both online and mobile, is helping to drive innovation in retail. This is only part of the innovation trend stemming from video games. As that happens, video games continue to attract big money, which will lead to more retail innovation. Larger Trends. More Money.

Video 120

Video Innovation Retail Apple 120

PYMNTS

MAY 4, 2017

Then, companies working to develop the technological means for cars to drive themselves have levied more than a few criticisms against proposed regulation changes in the state of California. sales operations. Apple, for one, is hoping that California will work to toughen some of its current self-driving road test policies.

California 100

California Policies Company Apple 100

PYMNTS

SEPTEMBER 18, 2018

18), a San Francisco startup launched by sending roughly 60,000 credit cards to consumers living in northern California. This startup was a bank, and its innovation was a single card that could be used by consumers to purchase things on credit from many different merchants. Sixty years ago today (Sept. The startup was Visa , of course.

Payments 259

Payments San Francisco Innovation Cards 259

PYMNTS

AUGUST 13, 2019

The word “California” never fails to conjure up a mental image, though that will vary from person to person – some will think sun and sand, others will think movie stars, while still others will think internet startups. Well, if all of these California test drives go according to plan, anyway. The California Bot-Building Race.

California 100

California San Francisco Washington Oakland 100

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. the “CFPA”).

California 78

California Innovation Regulation Report 78

CFPB Monitor

DECEMBER 28, 2021

The California Department of Financial Protection and Innovation (DFPI) has published a notice on its website concerning delays that debt collectors and buyers seeking to comply with the new licensing requirement in the state’s Debt Collection Licensing Act are currently experiencing.

CA 148

CA California Operations Innovation 148

PYMNTS

DECEMBER 28, 2016

Beginning in July 2017, additional Fabletics locations will open in Scottsdale, Arizona; Cerritos, San Jose, San Francisco and San Diego, California and Paramus, New Jersey. Less is more,” Dustin Netral, SVP of operations for Fabletics, said in a press release.

San Diego 190

San Diego San Jose San Francisco Indianapolis 190

PYMNTS

MAY 15, 2019

To help improve their operations, consumer services companies appear to have some very specific ideas about digital technology. The report also noted that many firms believe technology could also bolster their back-office operations. And tech companies are already working with retailers on payments innovation.

Innovation 112

Innovation Company Apple San Francisco 112

PYMNTS

APRIL 27, 2020

Matternet is the California company that makes the flying objects for medical applications. UPS is committed to playing its part in fighting the spread of [the] coronavirus , and this is another way we can support our healthcare customers and individuals with innovative solutions.”. The facility is known as the largest U.S.

North Carolina 189

North Carolina Florida Community California 189

PYMNTS

JANUARY 12, 2021

Payment operations software company Modern Treasury raised $38 million through an Altimeter Capital-led Series B funding round, according to a Tuesday (Jan. In terms of payment innovation, the company notes that real-time payments (RTP) account for over 6 percent of its volume. 12) announcement.

Payments 182

Payments United States Software California 182

PYMNTS

FEBRUARY 3, 2020

The company is also looking into extending its hours of operation and deploying autonomous delivery automobiles. “In In 2019, UPS launched more new services and operational innovations than in any year in the company’s recent history,” said UPS Chairman and CEO David Abney. “We

San Diego 182

San Diego Pennsylvania Trends California 182

PYMNTS

NOVEMBER 4, 2020

These innovations have revolutionized diners’ experiences and transformed the purchasing process. The following Deep Dive explores the ways in which QSR customers’ ordering and payment habits are shifting, as well as how restaurants are changing their operations to meet consumers’ new payment demands. The Evolution Of Ordering.

Meeting 230

Meeting Payments New York City Denver 230

PYMNTS

MARCH 1, 2019

Linking financial institutions and corporates with its Banking-as-a-Service platform, ONPEX enables FIs to deploy cloud-based account and payment technology to digitize operations and enhance their cross-border corporate payment offerings. Also operating in the enterprise security space is Cequence Security, based in California.

Security 189

Security Capital Software Analytics 189

PYMNTS

MARCH 2, 2020

Lloyd’s Head of Innovation Trevor Maynard said per the report that the British insurance company is the “natural home for insurance innovation because of the unique ability of syndicates to collaborate to insure new things.”. The company reportedly applied for an operating license in the country in the past.

Bitcoin 177

Bitcoin Policies Groups California 177

PYMNTS

JUNE 21, 2019

The mecca for what some might call creative interpretations of Mexican-style fast food is, as PYMNTS has reported , The Bell: A Taco Bell Hotel and Resort in Palm Springs, California for a limited time this summer. and Portland, Maine. The motivation for retailer and brands when it comes to hotels? Unattended Retail.

Retail 116

Retail Innovation Los Angeles Indianapolis 116

CFPB Monitor

AUGUST 10, 2021

The California Department of Financial Protection and Innovation (DFPI) has issued proposed amendments to its regulations implementing the Pilot Program for Increased Access to Responsible Small Dollar Loans (Pilot Program). The Pilot Program operates under the California Financing Law (CFL) and is administered by the DFPI.

California 78

California Regulation CA Innovation 78

PYMNTS

NOVEMBER 27, 2020

He noted that it is in line with Walmart’s ability to consistently bring innovations to Walmart’s delivery service including autonomous vehicles , 3rd party services , associate delivery , InHome delivery and even drones. “We 25, an Amazon Web Services outage affected the digital presence and operations of dozens of companies.

social media 220

social media Data Operations New York 220

PYMNTS

JULY 27, 2018

Apple, Microsoft and Samsung are facing litigation from California-based SpeakWare that accuses the technology firms of patent infringement. The company claims the firms are using its 2002 patent for a hands-free, voice operated, remote-control transmitter, according to a report from CultofMac.com.

Apple 100

Apple Operations Samsung California 100

PYMNTS

DECEMBER 27, 2020

Binance KR will cease operations because of low usage and volume with limited trading pairs of BKRW. He said he wanted the city to be the "vanguard" of innovation for crypto. Suarez has also pushed for Silicon Valley tech experts not happy with California's regulations to move to his city instead.

Bitcoin 254

Bitcoin Miami cryptocurrency ATM 254

PYMNTS

NOVEMBER 9, 2020

The company, according to Co-Founder Jiajun Zhu , is based around the idea of improving peoples' lives through various kinds of robotic inventions, including their first one, a self-driving vehicle operating electronically to deliver goods to people.

Houston 249

Houston Arizona Texas California 249

CFPB Monitor

MAY 3, 2021

On April 23, 2021, the California Department of Financial Protection and Innovation (“DFPI”) issued proposed regulations to implement the Debt Collection Licensing Act (“DCLA”). Section 1850.9 – Requires fingerprinting through the California Department of Justice. Spring Street, Suite 15513, Los Angeles, California 90013.

California 78

California Regulation Los Angeles Innovation 78

PYMNTS

JULY 31, 2020

Likening it to the “moonshot” efforts of the 1960s, Dr. Jewel Li , chief operating officer at AutoX, recently told PYMNTS’ Karen Webster that “autonomous driving has so many components … from the cloud, from simulation to software, to the AI, to decision-making, to hardware.

San Jose 296

San Jose Data Operations California 296

PYMNTS

SEPTEMBER 11, 2019

UPS , too, is going down the drone path – one that Amazon pioneered for retail delivery uses – and is seeking a certification to operate commercial drone flights. It could receive the certification as early as this year, enabling UPS to have one of the first fully certified, revenue-generating drone operations in the country.

Retail 169

Retail San Diego Seattle Indianapolis 169

PYMNTS

JULY 17, 2020

Facebook Inc’s top executives could be required to testify before the Federal Trade Commission (FTC) as the regulator investigates whether the California-based social media conglomerate has violated U.S. CEO Mark Zuckerberg and Chief Operating Officer Sheryl Sandberg are preparing for potential depositions, a source told The Journal.

social media 160

social media Google California Apple 160

PYMNTS

DECEMBER 14, 2020

The company said its robotaxi is capable of driving up to 75 miles per hour and can operate continuously for up to 16 hours on a single charge. Levinson added that the company will continue “to look for new, innovative ways to protect our riders and others on the road.”. For its part, the U.S.

California 160

California Regulation Operations Innovation 160