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However, lawmakers in California are getting closer to making legislation that would protect small business borrowers using alternative lending platforms, with industry players working with policymakers to make the new rules palatable for everyone. MORE
Uber is dropping upfront pricing in favor of estimates in response to the California gig economy law that took effect Jan 1. 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. MORE
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. MORE
Rideshare giant Uber says it will fight the recent passage of a controversial labor bill in California, The Wall Street Journal reported on Thursday (Sept. Gig Economy AB5 California contractors gig economy labor Legislation Lyft News Uber What's Hot MORE
Legislation in California that aims to expand worker protections for so-called gig economy workers has led to a debate in the state’s freight services market and a lawsuit hoping to block the law. The CTA filed its lawsuit to block California’s law last week, the report said. “To MORE
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 MORE
Microsoft has promised to follow California’s privacy law throughout the United States after the regulation goes into effect on Jan. MORE
California Naturel falsely advertised that its sunscreen as “all natural,” the FTC said Monday. But California Naturel also admitted that 8 percent of its sunscreen is dimethicone, which is synthetic. The FTC order, which mandates that California Naturel must not misrepresent ingredients or composition of its products or its natural or synthetic content, stemmed from an administrative complaint lodged against the company in April of this year. MORE
Consumer lending Fintech Compliance CaliforniaThe decision by the state’s Department of Business Oversight on an application for a lending license by Sezzle could guide fintechs and others seeking to make loans to consumers at the time of purchase. MORE
California Governor Gavin Newsom has signed legislation allowing for the establishment of public banks in the state, and advocates in San Francisco are jumping at the opportunity. MORE
Backpage.com Chief Executive Carl Ferrer, along with two controlling shareholders, are facing fresh charges from California Attorney General Kamala Harris, who last week filed a lawsuit alleging the online media company engaged in pimping and laundering money. According to a report in Fortune , the move by the California AG revives a case that got dismissed by a judge earlier in December. News Security & Fraud Backpage.com California AG Lawsuit money laundering What's Hot MORE
The real estate developer behind California’s tough new privacy law — the strictest in the U.S. Alastair Mactaggart’s 2018 state ballot initiative resulted in the California Consumer Privacy Act (CCPA) and now he wants to ensure it’s bullet-proof from modifications that could weaken it. “It’s MORE
A California regulator on Monday denied a lending license to the point-of-sale financier Sezzle in a detailed written decision that could have broader consequences for upstart consumer lenders. Consumer lending Fintech Compliance Point-of-sale California MORE
A bill that reclassifies gig workers at ride sharing, delivery and other app-based firms passed overwhelmingly in California. MORE
Foods Co, a subsidiary of grocery giant Kroger , has announced that 21 of its grocery stores and five of its gas stations in Central and Northern California are officially through with Visa branded credit cards as a form of payment, effective August 14, 2018. Payment Methods California Foods Co grocery Kroger News Retail Visa Visa credit cards What's Hot MORE
Uber and Lyft are organizing and pushing back against a California law that takes effect on Jan. Ridesharing Ballot California employees Gig Workers independent contractors Law Lyft News Uber What's Hot MORE
California Trucking Weighs In. This week, reports in Capital Public Radio in California noted a legislative proposal that would classify independent truckers as employees, not as contractors — the opposite of what the Labor Department stated in its opinion. MORE
The fintech Sezzle has finally received its point-of-sale lending license in California after agreeing to refund consumers in the state and pay a penalty for previously making illegal loans there, the California Department of Business Oversight said Thursday. Consumer lending Digital banking Mobile point-of-sale Point-of-sale California MORE
Community banking M&A Marijuana banking CaliforniaThe FDIC was reluctant to sign off on the merger of Summit Bancshares and Faciam Holdings because the company planned to serve marijuana-related businesses. MORE
Uber , Lyft and DoorDash are backing a ballot initiative to exempt themselves from California’s landmark law that re-classifies gig economy workers as employees, the companies announced in a press release on Tuesday (Oct. MORE
Certified Professional Accountants (CPAs) in California are calling on an industry watchdog to clarify standards for cryptocurrency accounting, with expectations that corporations will increase their use of cryptocurrencies moving forward. MORE
California continues its efforts to extend borrower protection rules to small businesses (SMBs), with new support for the initiative from SMB advocates and an approval from the state’s Assembly Appropriations Committee and the California Senate. The California Senate followed with its approval of the SB 1235 bill, dubbed a truth-in-lending law. MORE
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. MORE
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 MORE
65 
Small-dollar lending Payday lending Payroll State regulators Underbanked Fintech regulations State of California 13069FA first-in-the-nation bill that drew unanimous support from the state Senate failed to get over the finish line this year. What happened? MORE
24) that it has launched in California. s fasted growing startup, WorldRemit said it has set its sights on California, as the state is home to one in four migrants in the U.S. California will also stand as the company’s second largest market to date. MORE
Gavin Newsom signed into law a proposal that would have California companies limited with respect to their use of independent contractors. Regulation AB5 bill California Gavin Newsom gig economy independent contractors Law Lorena Gonzalez News What's Hot MORE
As early as this week, California’s state Senate will take up a measure that could forever change the future of the gig economy, and firms like Uber and Lyft , in both the state and nationwide. But California’s state courts saw the issue somewhat differently. MORE
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. MORE
Sezzle , the California-based alternative payments lender, announced Thursday that it was finally approved by the state’s Department of Business Oversight ( DBO ) for a lending license. MORE
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. MORE
Lobbying groups and trade associations representing tech giants such as Facebook and Apple have thrown their support towards legislation that could weaken California’s landmark privacy law. MORE
In a published interview, California Governor Gavin Newsom said big tech companies in his state could soon be “steamrolled” through federal regulations. Regulation Amazon Big Tech breakup California Competition ecommerce Facebook Google News regulations What's Hot MORE
Point-of-sale Mobile point-of-sale Consumer lending Digital banking CaliforniaThe fintech Sezzle received its license after agreeing to refund customers and pay a fine for previously making loans that state regulators had deemed illegal. MORE
Gavin Newsom, the governor of California, wants consumers to benefit from the billions of dollars technology companies in the state made by forcing the tech companies to share their profits. While the governor said he was proud that California is home to so many technology firms, he also said that the companies making billions in profits “collecting, curating, and monetizing our personal data have a duty to protect it. MORE
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 Hot MORE
Amazon has begun using Scout, its six-wheeled autonomous delivery robot, in a neighborhood in Irvine, California, according to a report. MORE
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. MORE
Unions in New York are petitioning the state to change its laws to include employment protections for gig economy workers, similar to a bill recently passed in California, The Wall Street Journal reported on Monday (Sept. MORE
About a year-and-a-half after a state Supreme Court decision that brought the issue to the forefront of legislators’ attention, the California Senate voted to approve Assembly Bill 5 on Tuesday (Sept. MORE
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. MORE
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. MORE
Headquartered in Orange County, California and founded in 2003, CashCall is a big firm that consumers likely know best from its early commercials featuring the late Gary Coleman. During its 15 years in business, the firm grew up to be the largest lender of its kind in the state of California. MORE
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. The Santa Monica, California-based company’s home state is its biggest market. Starting Jan.1, MORE
California Related Topics PYMNTS
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. 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.
PYMNTS
JANUARY 17, 2020
Sezzle , the California-based alternative payments lender, announced Thursday that it was finally approved by the state’s Department of Business Oversight ( DBO ) for a lending license.
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PYMNTS
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 Hot
PYMNTS
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.
PYMNTS
DECEMBER 30, 2019
The real estate developer behind California’s tough new privacy law — the strictest in the U.S. Alastair Mactaggart’s 2018 state ballot initiative resulted in the California Consumer Privacy Act (CCPA) and now he wants to ensure it’s bullet-proof from modifications that could weaken it. “It’s
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.
PYMNTS
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.
PYMNTS
DECEMBER 20, 2019
Uber and Lyft are organizing and pushing back against a California law that takes effect on Jan. Ridesharing Ballot California employees Gig Workers independent contractors Law Lyft News Uber What's Hot
PYMNTS
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
PYMNTS
SEPTEMBER 11, 2019
About a year-and-a-half after a state Supreme Court decision that brought the issue to the forefront of legislators’ attention, the California Senate voted to approve Assembly Bill 5 on Tuesday (Sept.
PYMNTS
NOVEMBER 18, 2019
Legislation in California that aims to expand worker protections for so-called gig economy workers has led to a debate in the state’s freight services market and a lawsuit hoping to block the law. The CTA filed its lawsuit to block California’s law last week, the report said. “To
PYMNTS
APRIL 30, 2019
Lobbying groups and trade associations representing tech giants such as Facebook and Apple have thrown their support towards legislation that could weaken California’s landmark privacy law.
PYMNTS
OCTOBER 7, 2019
California Governor Gavin Newsom has signed legislation allowing for the establishment of public banks in the state, and advocates in San Francisco are jumping at the opportunity.
PYMNTS
AUGUST 28, 2019
California Trucking Weighs In. This week, reports in Capital Public Radio in California noted a legislative proposal that would classify independent truckers as employees, not as contractors — the opposite of what the Labor Department stated in its opinion.
PYMNTS
MARCH 5, 2019
However, lawmakers in California are getting closer to making legislation that would protect small business borrowers using alternative lending platforms, with industry players working with policymakers to make the new rules palatable for everyone.
PYMNTS
SEPTEMBER 12, 2019
Rideshare giant Uber says it will fight the recent passage of a controversial labor bill in California, The Wall Street Journal reported on Thursday (Sept. Gig Economy AB5 California contractors gig economy labor Legislation Lyft News Uber What's Hot
PYMNTS
NOVEMBER 19, 2018
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.
Payments Source
JANUARY 17, 2020
The fintech Sezzle has finally received its point-of-sale lending license in California after agreeing to refund consumers in the state and pay a penalty for previously making illegal loans there, the California Department of Business Oversight said Thursday. Consumer lending Digital banking Mobile point-of-sale Point-of-sale California
PYMNTS
SEPTEMBER 16, 2019
Unions in New York are petitioning the state to change its laws to include employment protections for gig economy workers, similar to a bill recently passed in California, The Wall Street Journal reported on Monday (Sept.
PYMNTS
AUGUST 15, 2018
Headquartered in Orange County, California and founded in 2003, CashCall is a big firm that consumers likely know best from its early commercials featuring the late Gary Coleman. During its 15 years in business, the firm grew up to be the largest lender of its kind in the state of California.
PYMNTS
FEBRUARY 25, 2016
24) that it has launched in California. s fasted growing startup, WorldRemit said it has set its sights on California, as the state is home to one in four migrants in the U.S. California will also stand as the company’s second largest market to date.
PYMNTS
AUGUST 6, 2019
Amazon has begun using Scout, its six-wheeled autonomous delivery robot, in a neighborhood in Irvine, California, according to a report.
PYMNTS
OCTOBER 30, 2019
Uber , Lyft and DoorDash are backing a ballot initiative to exempt themselves from California’s landmark law that re-classifies gig economy workers as employees, the companies announced in a press release on Tuesday (Oct.
PYMNTS
JUNE 24, 2019
In a published interview, California Governor Gavin Newsom said big tech companies in his state could soon be “steamrolled” through federal regulations. Regulation Amazon Big Tech breakup California Competition ecommerce Facebook Google News regulations What's Hot
PYMNTS
DECEMBER 19, 2019
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. The Santa Monica, California-based company’s home state is its biggest market. Starting Jan.1,
PYMNTS
JUNE 10, 2019
Certified Professional Accountants (CPAs) in California are calling on an industry watchdog to clarify standards for cryptocurrency accounting, with expectations that corporations will increase their use of cryptocurrencies moving forward.
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
Payments Source
DECEMBER 31, 2019
A California regulator on Monday denied a lending license to the point-of-sale financier Sezzle in a detailed written decision that could have broader consequences for upstart consumer lenders. Consumer lending Fintech Compliance Point-of-sale California
PYMNTS
SEPTEMBER 18, 2019
Gavin Newsom signed into law a proposal that would have California companies limited with respect to their use of independent contractors. Regulation AB5 bill California Gavin Newsom gig economy independent contractors Law Lorena Gonzalez News What's Hot
American Banker
JANUARY 17, 2020
Point-of-sale Mobile point-of-sale Consumer lending Digital banking CaliforniaThe fintech Sezzle received its license after agreeing to refund customers and pay a fine for previously making loans that state regulators had deemed illegal.
PYMNTS
SEPTEMBER 9, 2019
As early as this week, California’s state Senate will take up a measure that could forever change the future of the gig economy, and firms like Uber and Lyft , in both the state and nationwide. But California’s state courts saw the issue somewhat differently.
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.
American Banker
DECEMBER 19, 2019
Community banking M&A Marijuana banking CaliforniaThe FDIC was reluctant to sign off on the merger of Summit Bancshares and Faciam Holdings because the company planned to serve marijuana-related businesses.
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.
PYMNTS
FEBRUARY 13, 2019
Gavin Newsom, the governor of California, wants consumers to benefit from the billions of dollars technology companies in the state made by forcing the tech companies to share their profits. While the governor said he was proud that California is home to so many technology firms, he also said that the companies making billions in profits “collecting, curating, and monetizing our personal data have a duty to protect it.
PYMNTS
NOVEMBER 11, 2019
Microsoft has promised to follow California’s privacy law throughout the United States after the regulation goes into effect on Jan.
Payments Source
SEPTEMBER 19, 2019
Small-dollar lending Payday lending Payroll State regulators Underbanked Fintech regulations State of California 13069FA first-in-the-nation bill that drew unanimous support from the state Senate failed to get over the finish line this year. What happened?
PYMNTS
DECEMBER 13, 2016
California Naturel falsely advertised that its sunscreen as “all natural,” the FTC said Monday. But California Naturel also admitted that 8 percent of its sunscreen is dimethicone, which is synthetic. The FTC order, which mandates that California Naturel must not misrepresent ingredients or composition of its products or its natural or synthetic content, stemmed from an administrative complaint lodged against the company in April of this year.
PYMNTS
SEPTEMBER 7, 2018
California continues its efforts to extend borrower protection rules to small businesses (SMBs), with new support for the initiative from SMB advocates and an approval from the state’s Assembly Appropriations Committee and the California Senate. The California Senate followed with its approval of the SB 1235 bill, dubbed a truth-in-lending law.
Mobile Payments Today
SEPTEMBER 12, 2019
A bill that reclassifies gig workers at ride sharing, delivery and other app-based firms passed overwhelmingly in California.
PYMNTS
JULY 30, 2018
Foods Co, a subsidiary of grocery giant Kroger , has announced that 21 of its grocery stores and five of its gas stations in Central and Northern California are officially through with Visa branded credit cards as a form of payment, effective August 14, 2018. Payment Methods California Foods Co grocery Kroger News Retail Visa Visa credit cards What's Hot
PYMNTS
DECEMBER 27, 2016
Backpage.com Chief Executive Carl Ferrer, along with two controlling shareholders, are facing fresh charges from California Attorney General Kamala Harris, who last week filed a lawsuit alleging the online media company engaged in pimping and laundering money. According to a report in Fortune , the move by the California AG revives a case that got dismissed by a judge earlier in December. News Security & Fraud Backpage.com California AG Lawsuit money laundering What's Hot
American Banker
DECEMBER 30, 2019
Consumer lending Fintech Compliance CaliforniaThe decision by the state’s Department of Business Oversight on an application for a lending license by Sezzle could guide fintechs and others seeking to make loans to consumers at the time of purchase.
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