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Pivotus Ventures Co-founder and President Oren Goldschmidt Joins Bank Innovation 2018

Bank Innovation

EXCLUSIVE- Oren Goldschmidt, President at Pivotus Ventures has joined the speaker faculty for Bank Innovation 2018, taking place March 5-6 in San Francisco. Goldschmidt co-founded the California-based Pivotus Ventures two years ago.

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Uber Readies Q3 Earnings As California Voters Give The Firm A Big Boost

PYMNTS

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.

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Top News In Payments: Chinese Tech Sector Faces Capital Crunch; US Prepares For Potential Iranian Cyberattack

PYMNTS

In today’s top news, China is facing a “capital winter” of venture funding slowdown, the U.S. prepares for a potential Iranian cyberattack, and businesses are expected to spend $55 billion to become compliant under the California Consumer Privacy Act. Chinese Tech Sector Faces Capital Crunch. billion ($2.5

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California Legislature Passes AB-1864 Setting the Stage for the “Department of Financial Protection and Innovation” and the California Consumer Financial Protection Law

CFPB Monitor

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”).

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Employee Or Contractor? California Freight Enters The Worker Classification Debate

PYMNTS

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.

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Corporate Card Innovators Look Beyond Business Trip Spend

PYMNTS

With corporate travel still on pause, commercial card innovation has taken a different direction. In a recent announcement , the Singapore company revealed its BizPay solution, an online platform enabling businesses to use their existing commercial cards and converting their credit limit into working capital to pay suppliers.

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Cybersecurity Startups Land Majority Of B2B Venture Capital This Week

PYMNTS

Backers at Meritech Capital Partners and Lead Edge Capital led the Series D investment round, according to TechCrunch news, while Index Ventures and Workday also participated. This California-based startup has a particular cybersecurity focus: payments fraud. Cybersecurity. Duo Security. Blockchain. Digital Asset.

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