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JULY 13, 2020

For the fifth consecutive day, Florida reported more than 12,000 new coronavirus infections, and in California, Gov. The resurgence of the virus in California has taken its toll on the Latino community. While Latinos comprise 39 percent of California’s population, 55 percent of all people infected with COVID-19 are Latinos, the California Department of Public Health told the Journal. Coronavirus bars California closures COVID-19 News Restaurants Retail What's Hot

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AUGUST 20, 2020

are ready to suspend their ride-hailing services in California on Thursday (Aug. In a blog post , Lyft said its rideshare operations in California would be suspended at 11:59 a.m. Ridesharing California Lyft News Uber What's Hot

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California Operations Company Report 187

Mobile Payments Today

FEBRUARY 28, 2020

California Tortilla and Qdoba have launched mobile app upgrades

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JULY 30, 2020

California Pizza Kitchen (CPK) is the latest big restaurant chain to fall on hard times in the wake of the coronavirus pandemic. The company opened its first restaurant in 1985 in Beverly Hills, with a menu offering California-style pizza and cuisine.

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JULY 27, 2020

A proposed new California bill, AB 1525 , would give banking institutions and accountants the green light to work with cannabis businesses. Alvarez, California Department of Business Oversight commissioner, Bloomberg reported.

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JULY 10, 2020

In a move that will give more flexibility to its drivers, less predictability to passengers and potential legal protection for its parent company, Uber now is letting California drivers set their own rates — within limits. Uber’s move comes as the company confronts a California law called AB5 that took effect this year. California voters will get their say on whether ride-share drivers working for companies such as Uber should be considered employees this fall.

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AUGUST 10, 2020

A California judge has passed an injunction to force Uber and Lyft to stop classifying their workers as independent contractors rather than employees, CNBC reported. Legal California gig economy Gig Workers legal Lyft News Uber What's Hot

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MARCH 20, 2020

A police department in California is going to use drones equipped with loudspeakers to help enforce the state lockdown orders imposed due to the coronavirus, according to a report by the Financial Times. Coronavirus California Drones News What's HotThe Chula Vista PD has purchased two drones worth $11,000 each. They’re made by DJI, a Chinese company, and the department plans to also add night vision cameras to the flying vehicles. “We

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AUGUST 16, 2020

The move comes as numerous places around the world look into digital currencies for official business, including the state of California, as it moves ahead with a digital asset bill, Assembly Bill 2150.

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OCTOBER 13, 2020

Lawyers for Uber , Lyft and the state of California laid out arguments on Tuesday (Oct. In January, California implemented its AB 5 law, which required that ride-hailing, food delivery and other such companies treat their workers as employees rather than independent contractors.

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APRIL 1, 2019

California is gearing up to get a tax windfall from all the initial public offerings of California companies slated for this year. When Facebook went public, The Wall Street Journal reported California got $1.3 If California gets billions in tax revenue from the IPOs of tech companies, the governor could face pressure from liberal legislators and interest groups to increase spending.

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Bank Innovation

DECEMBER 3, 2019

It had to be California. When two Irish brothers started Stripe Inc. together in 2010, there was little question about where they should put their headquarters. Now, though, Stripe is leaving the tech mecca of San Francisco, awash in tech talent and investor cash, and is in the process of moving its main office about 10 […]. Bloomberg Carousel Innovation Strategy Open Banking Payments New York Plaid San Francisco Stripe Uber

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JUNE 11, 2020

The California agency that regulates ride-hailing companies Uber and Lyft said their drivers are considered employees under the state’s new gig work law, the latest development in the fight over drivers’ status, Reuters reported. In a letter to the ridesharing companies , Douglas Ito, director of the California Public Utilities Commission (CPUC), reminded them of the July 1 deadline to secure workers’ compensation coverage for drivers.

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AUGUST 17, 2020

Uber says it will continue operating food delivery business Uber Eats in California even if its main ridesharing business is forced to shut down on Friday (Aug. California, which makes up 9 percent of Uber’s total U.S.

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MAY 4, 2020

California Gov. Instead, he told a news conference that the state will issue new guidance for California food and dining establishments on Thursday (May 7). California State Health Director Dr. Sonia Angell added that she understands that business owners and consumers “look forward to us sharing guidance and data on when [restaurants] can reopen.”. Retail California Gavin Newsom governor News regulations reopening Restaurants What's Hot

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AUGUST 17, 2020

In today’s top news, California lawmakers propose a financial watchdog at the state level, and Germany launches an antitrust investigation into Amazon. California Proposes Financial Watchdog Agency. News Amazon Antitrust California gig economy international Regulators Today In Payment

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JUNE 24, 2020

In what could be the start of a protracted court fight, attorneys for the state of California plan to ask a judge to order Uber and Lyft to classify their ride-hailing drivers as employees rather than contractors, Reuters reported. California Attorney General Xavier Becerra said his office will file a request for a preliminary injunction in the Superior Court of California in San Francisco. 3, California voters will have their say.

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AUGUST 31, 2020

The lawmaker behind a proposed California consumer protection law indicated that it will not proceed in its current iteration, CNBC reported. It comes out of a case in California in which an individual sought damages in a legal case after a replacement battery she bought from Amazon exploded.

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Payments Source

AUGUST 20, 2020

Diversity and equality California Coronavirus Leaders Under-served populationsTreasurer Ma has championed programs to give minority and women-owned businesses a seat at the table throughout her career. A mission of the Treasurer is increasing diversity to increase equitable outcomes.

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AUGUST 6, 2020

economic recovery’s unpredictability in the wake of the coronavirus pandemic is on display in California. More than half, or 57 percent of the initial unemployment claims filed in California for the week ending July 25 were from workers who reopened previous claims. Evidence of the U.S.

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AUGUST 12, 2020

is likely to shut down temporarily in California. “If If the court doesn’t reconsider, then in California, it’s hard to believe we’ll be able to switch our model to full-time employment quickly,” CEO Dara Khosrowshahi told MSNBC Wednesday (Aug 12).

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JUNE 24, 2020

In what could be the start of a protracted court fight, attorneys for the state of California plan to ask a judge to order Uber and Lyft to classify their ride-hailing drivers as employees rather than contractors, Reuters reported. California Attorney General Xavier Becerra said his office will file a request for a preliminary injunction in the Superior Court of California in San Francisco. 3, California voters will have their say.

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SEPTEMBER 22, 2019

California Gov. Lyft says it has 325,000 drivers in California, while Uber says it has more than 200,000, the article said. Gig Economy AB5 California Drivers employees gig economy independent contractors Lyft News Ridesharing Uber What's HotGavin Newsom signed into law a controversial bill that could reclassify ridesharing and other gig economy workers as employees instead of independent contractors, The Wall Street Journal reported on Saturday (Sept.

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SEPTEMBER 11, 2019

California lawmakers passed a controversial labor bill on Tuesday (Sept. App-based businesses tried to work out immunity to no avail and the bill passed the California State Senate in a 29 to 11 vote, The New York Times reported on Wednesday (Sept. California Gov. The proposed California law affects at least one million contract workers who now have no basic protections like unemployment insurance and overtime. .

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Payments Source

JUNE 28, 2020

Compliance State regulators Data privacy rules California Consumer bankingTwo years after a consumer protection law changed how banks and other companies handle customer information, a new proposal aims for more sweeping reforms.

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MAY 5, 2020

California Attorney General Xavier Becerra, along with municipal attorneys from three cities in the state, is suing Lyft and Uber for allegedly misclassifying drivers as independent contractors. The lawsuit seeks as much as $2,500 for every California Unfair Competition Law violation as much as an additional for violations made against those with disabilities or senior citizens. Ridesharing California gig economy Lyft News Uber What's Hot

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JULY 20, 2020

The Automobile Club of Southern California intends to give back approximately $59 million in premium reimbursements to those who have policies as the coronavirus ongoing effects occur, the Orange County Business Journal reported.

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Payments Source

SEPTEMBER 11, 2019

The California Senate passed a bill that could force Uber and other gig economy giants to reclassify their workers as employees. Gig economy Uber Lyft California

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JANUARY 9, 2020

Uber is dropping upfront pricing in favor of estimates in response to the California gig economy law that took effect Jan 1. Due to a new state law, we are making some changes to help ensure that Uber remains a dependable source of flexible work for California drivers,” the company said in the email. The new law prompted Uber to revise its app, giving California rideshare drivers detailed information about a trip — fare, length, destination — before they accept it.

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JULY 29, 2019

Proposed regulations would give small businesses in California the nation’s most extensive set of truth-in-lending protections for small business borrowers. . In 2018, California began the journey of establishing lending transparency for small businesses in the state. We also encourage other states and the federal government to follow California’s lead,” the RBDL release said. .

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MARCH 3, 2020

California’s Assembly Bill 5 ( AB5 ) was signed into law last year, but the legislation, which lays out rules to classify workers as either employees or independent contractors, continues to cause debate and disruption, with the trucking industry, one of the most heavily affected markets. There remains significant legislative uncertainty for this industry as California, other states, and federal lawmakers take their own paths to employee classification.

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OCTOBER 14, 2020

Deputy attorney for San Francisco Matthew Goldberg said that although there are workers out there willing to accept less than the minimum wage, such actions are banned in California to protect against the downward pressure on wages overall.

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Payments Source

SEPTEMBER 26, 2019

Data privacy Financial regulations Compliance State regulators State of California 13069FNew plans for a ballot initiative in November 2020 threaten to overturn concessions that financial institutions, tech firms and other companies have won from state lawmakers.

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JULY 29, 2019

California BanCorp , the holding company for California Bank of Commerce (CBC), has announced the launch of a Treasury Management Consultancy to enable firms to manage their liquidity, utilize excess cash for better investments and reduce financial risks. “We We have heard from our commercial banking clients that enhanced cash management is a primary need,” Steve Shelton, California Bank of Commerce president and chief executive officer said in a press release. “We

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APRIL 28, 2020

Two large university systems in California have been sued over their alleged refusal to provide reimbursements for fees in the wake of the COVID-19 pandemic, according to a press release from DiCello Levitt. The class actions filed against the University of California (UC) and California State University (CSU) claim that the universities they supervise should have given back prorated shares of campus fees after the universities had to shutter their campuses in the wake of the virus.

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