CA Lawmaker Wants Receipts To Go Digital

PYMNTS

A California lawmaker wants to make paper receipts a thing of the past.

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Tencent Gathers Autonomous Tech Team In CA

PYMNTS

We are building a research team for our Auto-drive Team based in Palo Alto, CA,” the company said in job advertisements on LinkedIn, according to Reuters. Chinese tech giant Tencent Holdings is looking to hire self-driving car engineers in Palo Alto, California. “We

CA 168

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CA Technologies Sold To Broadcom For $19B

PYMNTS

Broadcom has agreed to buy software company CA Technologies for $18.9 a share in cash for CA, formerly known as Computer Associates, which sells tools for mainframe computers. The news sent New York-based CA’s shares surging after the closing bell on Wednesday (July 11), jumping more than 15 percent higher to $42.99, Financial Times reported. Partnerships / Acquisitions Broadcom CA Technologies CFIUS M&A News Qualcomm software company What's Hot

CA 113

CarrierHQ Guides CA Trucking Fleets Through Indie Contractor Laws

PYMNTS

Motor carrier industry software and solutions developer CarrierHQ has announced a mobile-friendly portal that’s now accessible in California, amid the AB5 legislative environment, according to a press release. .

CA 160

Uber, Postmates Sue CA Over Labor Rights Law

PYMNTS

Uber and Postmates have filed a lawsuit against the state of California to try and block a new law that will change how they must classify their employees.

CA 177

Startups Try To Capitalize On New CA Data Privacy Law

PYMNTS

California has passed the California Consumer Privacy Act (CCPA), a sweeping law that forces companies to tell customers about the data they gather about them, and to allow customers to opt out of those practices.

CA 174

Businesses To Spend $55B On CA Privacy Law Compliance

PYMNTS

California has passed the California Consumer Privacy Act (CCPA), a sweeping law that forces companies to tell customers about the data they gather about them, and to allow customers to opt out of those practices.

CA 161

Uber Launches Secret CA App Version To Resist Employment Classification

PYMNTS

When California state legislators passed the controversial AB5 law for gig workers, Uber took action to revise its app with a stealthy plan dubbed “Project Luigi,” The Washington Post reported on Monday (Jan.

CA 155

Cubcoats Partners With Amazon On CA Pop-Up

PYMNTS

Toy retailer Cubcoats has partnered with Amazon to create a pop-up experience at the Del Amo Fashion Center in Torrance, California, open now through Jan.

CA 166

CA Gig Economy Legislation Could Better Protect Workers

PYMNTS

California has proposed gig economy legislation that could potentially change workers’ classifications from independent contractors to actual employees, which would make them eligible for the benefits pertaining to that status, according to a report by CNBC.

CA 194

Amazon To Open Grocery Store In CA Next Year

PYMNTS

Amazon has confirmed it will open a new grocery store next year in California, according to a report by CNET. The company posted job listings for four new positions on Monday (Nov. 11) before confirming the news.

CA 161

CA Denies Lending License For BNPL Firm Sezzle

PYMNTS

Sezzle — a “buy now, pay later” (BNPL) company based in Minnesota, but listed in Australia — was denied a crucial lending license from California. Rival BNPL company Afterpay ’s application was approved by the state. The company offers U.S.

CA 148

CA College Student Accuses TikTok Of Illicit Data Harvesting

PYMNTS

A California college student has filed a lawsuit against TikTok , accusing the viral video service of sending her personal data to its parent company in China, as well as creating an online profile for targeted advertising, without her consent.

CA 155

US Companies Scramble To Comply With Impending CA Privacy Law

PYMNTS

An estimated half-million businesses will be affected when the new California Consumer Privacy Act (CCPA) comes into effect on Jan. 1, 2021, the Financial Times reported on Thursday (Sept.

CA 169

Companies Brace For Impact Of CA Consumer Privacy Law

PYMNTS

Starting Jan.1, the California Consumer Privacy Act will give people control over the personal information companies collect, store and share, the Associated Press reported on Wednesday (Dec. 18). . The law’s complex requirements kick in regardless if a company doesn’t deal directly with consumers.

CA 148

CA AG: Facebook Lags In Cambridge Analytica Probe Response

PYMNTS

California’s attorney general said that Facebook has continued “to drag its feet” when it comes to handing over documents pertaining to the state’s investigation into the social media giant and Cambridge Analytica. On Wednesday (Nov.

CA 148

Broadcom Isn’t Selling Its CA Acquisition Too Well

PYMNTS

That’s the predicament that Broadcom reportedly found itself in on Thursday (July 12), after the chip maker announced it would buy software company CA Technologies for $18.9 CA, formerly known as Computer Associates, sells tools for mainframe computers. The news sent CA’s stock price on a positive ride Wednesday (July 11), with a 15 percent jump to $42.00. It’s one thing to make a decision.

CA 100

Top News In Payments: Apple Shares Hit Record High; CA Denies Lending License For Sezzle

PYMNTS

CA Denies Lending License For BNPL Firm Sezzle.

CA 148

Coronavirus: CA Mandates Premium Refunds; NC Universities To Provide Partial Room, Board Reimbursements

PYMNTS

Insurance companies are refunding a portion of premiums, while universities are providing prorated reimbursements of some costs amid the coronavirus pandemic. Also, states are requiring that insurance companies refund insurance premiums to consumers and businesses.

CA 139

Lyft IPO Oversubscribed, Could Reap $1B In CA Taxes

PYMNTS

Lyft ’s initial public offering (IPO) is reportedly oversubscribed, with the company on its way to getting or maybe even exceeding its sought-after $23 billion valuation.

CA 155

CA Technologies, CNN Pair On Political Data App

PYMNTS

CA Technologies has a new partner in the mainstream media world: CNN. This newly launched app, built with CA Tech’s software, dives into the latest happenings in polling data, delegate counting, voting and fundraising data for the 2016 presidential election. This app was made in collaboration with CA Tech’s new campaign called “App Culture.” ” Partnerships/Acquisitions apps CA Technologies real-time data What's Hot

CA 113

Uber, Postmates To Meet With CA Judge To Argue Against AB5

PYMNTS

To put a stop to legislation that would transform gig workers from contractors to employees, Uber and Postmates Inc. are scheduled to meet with a federal judge in California to prevent enforcement of the landmark Assembly Bill 5 legislation.

CA 160

Top News in Payments: Uber Halts Upfront Pricing in CA; Amex Cleared To Operate In China

PYMNTS

In today’s top news, Uber drops upfront pricing in California in response to the state’s new gig economy law, and the central bank in China said it accepted an American Express application to start working in the country. Also, Grubhub considers a potential sale or an acquisition by another company.

CA 166

CA Chamber seeks veto of CA bill making failure to pay arbitration fees punishable by sanctions

CFPB Monitor

The California Chamber of Commerce is encouraging its members to send letters to California Governor Gavin Newsom urging him to veto California SB 707 , which was passed by the state’s Assembly and Senate and is currently sitting on his desk awaiting his signature.

CA 78

Uber Pilot Lets Some CA Drivers Set Rates In Response To New Employment Law

PYMNTS

With the newest of many initiatives to reportedly provide drivers with greater independence as a reaction to the state’s new gig economy law, Uber Technologies Inc. is piloting a function that allows some drivers in California to set their own rates.

CA 130

Uber’s Self-Driving Vehicles Get On-Road Permit For CA

PYMNTS

Uber may soon be able to put its self-driving vehicles back on California roads after several years, with the issuance of a new permit, according to reports. The company had to scale back its autonomous vehicle program following an incident in Arizona where a pedestrian was killed by one of the vehicles. However, the permit — issued by the California DMV — could revive the program after 18 months.

CA 113

CA enacts law prohibiting postsecondary schools from withholding transcripts as debt collection tool

CFPB Monitor

On October 4, California Governor Gavin Newsom signed into law Assembly Bill 1313 , which prohibits postsecondary schools from withholding transcripts as a debt collection tool. The law is effective January 1, 2020. The bill adds new Title 1.6C.7,

CA 115

CA Reinvestment Coalition sues CFPB for delaying Section 1071 implementation

CFPB Monitor

The California Reinvestment Coalition has filed a lawsuit against the CFPB in a California federal district court seeking a declaration that the CFPB’s failure to issue regulations implementing Section 1071 of the Dodd-Frank Act violates the Administrative Procedure Act and requiring the CFPB to promptly issue such regulations.

CA 85

Perspectives on Ca-Libra # 1. Getting rid of three smokescreens

Money and Payments

This week the world has witnessed the announcement by Facebook of Calibra, a digital currency wallet and company. The wallet holds Libra, a virtual currency, with the idea to be used globally.

CA 69

CA and NY governors propose expansion of state consumer financial protection regimes

CFPB Monitor

The governors of California and New York have both proposed to expand the authority of their respective state’s consumer financial services regulator. Both governors have framed their proposals as a response to what they describe as the CFPB’s “rollback” of its efforts to protect consumers.

CA 78

CA DBO concludes certain point-of-sale financing arrangements are loans, not credit sales

CFPB Monitor

On December 30, 2019, the California Department of Business Oversight (DBO) announced two actions regarding companies offering unregulated, point-of-sale financing to California residents. In the first action, the DBO denied the application of Sezzle Inc.

CA 78

Impact Roadshow | Sacramento, CA

Filene

10:00 a.m. - 12:00 p.m. Local Host: Schools Financial Credit Union. Filene Host: Elry Armaza. Click the arrow below to REGISTER for this event: WHAT IS AN IMPACT ROADSHOW?

CA Governor signs laws setting Financing Law rate cap, automatic deposit account exemption from levy

CFPB Monitor

Last week, California Governor Newsom signed into law AB 539 , which makes significant amendments to the California Financing Law (CFL), and SB 616 , which creates a new exemption from levy for deposit account funds. The Governor signed AB 539 on October 10.

CA 85

Impact Roadshow | Fresno, CA

Filene

10:00 a.m. - 12:00 p.m. Local Host: Educational Employees Credit Union. Filene Host: Elry Armaza. Click the arrow below to REGISTER for this event: WHAT IS AN IMPACT ROADSHOW?

CA regulator proposes regulations to implement new law requiring consumer-like disclosures for commercial financing

CFPB Monitor

The California Department of Business Oversight (DBO) has issued proposed regulations to implement SB 1235 , the bill signed into law in September 2018 that requires consumer-like disclosures to be made for certain commercial financing products, including small business loans, merchant cash advances, and factoring.

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