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Amid increasing demand for contactless delivery, Starship Technologies has rolled out a robot food delivery offering in Tempe, Arizona. Ryan Tuohy, who leads Starship Technologies’ business development, said in a statement, “The demand for contactless delivery has expanded exponentially in recent weeks.
Perficient’s AVPs represent a cross-section of the firm’s end-to-end digital consulting portfolio, and will provide leadership and strategy for areas including management consulting, cloud platform solutions and integration technologies, custom software development and mobile solutions, and optimized global delivery capabilities.
Digital mortgage technology startup, Blend, raised $100 million in a Series D round, bringing its total funding to $166 million, the company said Thursday. The funding round was led by Menlo Park, California-based venture capital firm Greylock Partners. Based in San Francisco, Blend was established […].
Sometimes innovation in the commerce and payments space is a matter of a new technology or a new process. And beyond this warehouse news, the eCommerce company is also experimenting with other – perhaps sexier – shipping innovations. That’s the story involving Amazon (and, it seems, The Home Depot as well).
Nuro has received the first-ever autonomous vehicle deployment permit from the state of California, according to a press release. The California DMV is a leader in safety standards, and we appreciate their collaboration and safety-first approach to AV regulation,” he said, according to the release.
Uber may sell its autonomous vehicle unit Uber Advanced Technologies Group ( UberATG ) to a competitor, startup Aurora Innovation, according to a news report. despite the report that “ATG and other technologies” had revenues of $25 million. The report says representatives from Uber and Aurora both declined to comment.
trillion in assets, is making technology a core component of U.S. The bank today announced the opening a new location in Cupertino, California, along with 50 planned new branches in the U.S. Jeremy Balkin, head of innovation […]. HSBC, a top global bank with $2.6 branch expansion plans.
Many firms are eying new technologies that could accelerate their global B2B transactions amid these shifts. They will need to continue innovating these processes to stay on top of shifting B2B trends worldwide. BoxFox On Why Order-To-Cash Innovation Is Key For Businesses Expanding Globally. trillion reported in 2019.
The California Consumer Financial Protection Law (CCFPL) became effective on January 1, 2021. The CCFPL gives the California Department of Financial Protection and Innovation (DFPI) (the new name given to the state’s Department of Business Oversight) broad jurisdiction and sweeping new authorities that closely resemble those of the CFPB.
Payment services providers and financial institutions are beginning their work in helping people recover from the California wildfires — with those disaster responses informed by experiences in previous wildfires and recent hurricanes. disasters to which financial institutions and payment services providers have had to respond.
So, how are CUs changing their card innovation plans to match their current members’ demands and attract new potential members? This is just one of many questions PYMNTS, in collaboration with PSCU , set out to answer in the Credit Union Innovation Playbook: Card Trends Edition. Moreover, 89.4 percent between February and May.
5) just as the company’s stock is soaring on the election victory of Proposition 22, a California referendum to exempt ridesharing companies from the state’s AB 5 gig worker law. Shares of Uber and other gig economy companies were rallying a day after California voters backed Prop 22. London Reprieve.
It’s been several months, if not years, since blockchain was the darling of tech startup investors, but this week proved the technology still has a lot to offer venture capitalists. The company plans to use the funding to ready its software for enterprise adoption and explore additional verticals into which it can expand. ClearMetal.
billion to acquire Zoox , the Foster City, California self-driving technology company, the Financial Times (FT) reported. . The source said Amazon would collaborate with Zoox to create a ride-hailing fleet, taking on Waymo Co, the California-based self-driving industry leader backed by Alphabet, Google’s parent company.
Since opening their first store in Palo Alto, California, in 2015, b8ta has aimed to offer just such an experience: the ability to snap up tech products that might otherwise be hard to find — and buy anyplace but online. And whatever retail technology they sell in terms of profit, they keep.
Retail innovation comes from various places – and for the new decade, that includes quick-service restaurants (QSRs), the site of massive technological change. Self-service kiosks have been gaining popularity, and cutting-edge technology like biometrics is starting to be integrated. Loyalty, too, is a source of innovation.
In a bid to increase loyalty, merchants are driving innovations in their stores. The clothing retailer is hardly alone, as 85 percent of merchants say that they innovate to stay competitive, according to the PYMNTS Retail Innovation Readiness Index , while 77 percent say they use it to drive sales.
Quick-service restaurants (QSRs) have heard the call for innovative digital ordering capabilities, with several major brands stepping up their investments in this area. Pizza chain Domino’s , for example, is planning to test self-driving vehicle technology in one major metro region. Deep Dive: Enhancing Customer Service With CRM Tools.
Pepsi has recently partnered with Robby Technologies to deliver snacks and beverages via a fleet of self-driving robots on the campus of the University of the Pacific in Stockton, California. Snackbot delivers healthy snacks and beverages from Hello Goodness direct to students. This the first U.S.
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 TechnologyInnovation Office.”. These discussions may include regulatory questions.
California startup LevaData just got a big boost. LevaData is also a member of the Bain Alliance Ecosystem, described as a “network of best-of-breed partnerships with complementary tool, technology, and service providers.”. Bain & Co. on Tuesday (Oct.
California Attorney General Xavier Becerra and San Francisco District Attorney George Gascón announced on Wednesday (Sept. 26) that they have reached a settlement with Uber Technologies Inc., Companies in California and throughout the nation are entrusted with customers’ valuable private information.
Apparel used to be mostly a brick-and-mortar retail experience, but that has changed drastically over the last few years – and has been one of the main innovations when it comes to commerce related to the clothes we wear. Customers on Walmart.com can access styles from brands like C&C California, Butter Super Soft, Puma and BCBG.
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. The use of IoT technology is gaining steam in alternative industries, such as beer brewing.
With corporate travel still on pause, commercial card innovation has taken a different direction. Cognizant Technology Solutions, an IT solutions company, recently revealed it was targeted in a ransomware attack in April, and it’s the firm’s corporate credit cards that suffered the bulk of the impact.
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. She is an attorney with expertise in emerging financial technologies and financial data use.
In 2019, California enacted AB 539 which, effective January 1, 2020, limited the interest rate that can be charged on loans of $2,500 to $10,000 by lenders licensed under the California Financing Law (CFL) to 36% plus the federal funds rate. Section 160.110(d). Section 7.4001(e).
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.
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. From Yelp to Apple , technology companies are providing solutions that could serve retail environments.
The company said in an announcement that the arrangement is another bold step in advancing employee- as well as customer-facing innovations while bolstering the technological capabilities of the chain. However, Google’s new technology is an end-to-end speech recognizer, compact enough to be kept on a phone. Ads for Illness.
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.
With the growing demand for in-car technology and features, Kia is re-focusing and will target its ACE strategy – Autonomous, Connected and Eco/Electric. Kia anticipates that it will adopt connected car technologies across every vehicle segment by 2025, and is aiming to make every vehicle model a connected car by 2030.
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”).
True Food Innovations has reportedly bought Chef’d’s assets after it closed suddenly on July 16, The Wall Street Journal reported. With the arraignment, True Food Innovations will sell Chef’d meal kits in brick-and-mortar grocery stores. It will, however, will halt Chef’d’s eCommerce offerings.
The California Department of Financial Protection and Innovation (DFPI) has filed its opposition to Opportunity Financial, LLC’s (OppFi) Demurrer to the DFPI’s cross-complaint. The DFPI also alleged additional CFL violations by OppFi, including the CFL’s “anti-evasion” provisions.
The Digital Kitchen incorporates innovative features that will complement our rapidly growing digital business, while delivering a convenient and frictionless experience for our guests,” Curt Garner , chief technology officer at Chipotle, said in a statement on Wednesday (Nov.
23) on the landmark complaint against the Menlo Park, California-based tech giant. We actually have to take a hard look at whether these behemoths are killing off innovation and competition.”. They are considering a lawsuit against the 22-year-old global technology giant. A DOJ spokeswoman declined to comment.
New York-headquartered PAAY, a consumer authentication innovator co-founded in 2011 by James Ruffer and Yitz Mendlowitz, has a new security solution that aims to obliterate hacking and fraud threats. The new solution also helps shield merchants from fines related to GDPR and the California Consumer Privacy Act (CCPA) noncompliance. .
Apple and Google are collaborating on a new technology to track the spread of the coronavirus by using Bluetooth. As reported by Reuters , the new technology could be available as early as mid-May for iPhone and Android devices. The announcement by the California-based tech giants on Friday (April 10) came as the U.S.
To provide consumers with an immersive way to experience its brand, Taco Bell is launching The Bell: A Taco Bell Hotel and Resort in Palm Springs, California for a limited time this summer. Also, just like some of our most sought-after food innovations, this hotel brings something entirely new for lucky fans to experience and enjoy.”
These innovations have revolutionized diners’ experiences and transformed the purchasing process. McDonald’s purchased California-based voice recognition startup Apprente last year, with plans to eventually implement the technology at its U.S. drive-thrus.
Andrew Zwicker (D-Hunterdon), chairman of the Assembly’s Science, Innovation and Technology Committee and lead sponsor of the legislation. The California Consumer Privacy Act went into effect in January, and the European Union’s General Data Protection Regulation ( GDPR ) went into effect in 2018.
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 . The SPAC Attack.
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. antitrust laws, sources told The Wall Street Journal. An FTC spokeswoman declined to comment. states and the DOJ.
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