CFPB Monitor

SEPTEMBER 8, 2020

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”).

California 78

California Innovation Regulation Report 78

PYMNTS

JUNE 22, 2019

It seems every firm is trying to find a way into the expansive — and ever-growing — “health and wellness” market. In the last few years, wellness has become a dominant lifestyle value that is profoundly changing consumer behavior and changing the markets.”. Well, with innovation of course. The industry now represents 5.3

Innovation 153

Innovation Marketing San Francisco New York 153

PYMNTS

SEPTEMBER 12, 2019

Video games are helping to drive retail innovation and growth, and that includes the hot area of subscription commerce. Gaming is figuring out the upsell,” Burkhart told Webster, “and utterly changing the entire market.”. This is only part of the innovation trend stemming from video games.

Video 248

Video Retail Innovation Trends 248

CFPB Monitor

SEPTEMBER 20, 2021

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 Technology Innovation Office.”. These discussions may include regulatory questions.

Financial Technology 78

Financial Technology Meeting Innovation CA 78

CFPB Monitor

AUGUST 10, 2021

The California Department of Financial Protection and Innovation (DFPI) has issued proposed amendments to its regulations implementing the Pilot Program for Increased Access to Responsible Small Dollar Loans (Pilot Program). The Pilot Program operates under the California Financing Law (CFL) and is administered by the DFPI.

California 78

California Regulation CA Innovation 78

PYMNTS

AUGUST 28, 2019

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.

California 116

California Taxes Industry New York 116

CFPB Monitor

DECEMBER 21, 2021

Last week, the California Department of Financial Protection and Innovation (DFPI) announced that it had entered into a consent order with Wheels Financial Group, LLC d/b/a LoanMart, a California-based company that markets and services automobile title loans. LoanMart holds a CFL license.

California 78

California Utah FDIC Regulation 78

PYMNTS

DECEMBER 5, 2019

Quick-service restaurants (QSRs) have heard the call for innovative digital ordering capabilities, with several major brands stepping up their investments in this area. The company will deploy delivery-focused kitchen management solutions from ConnectSmart to more than 900 locations in these two global markets.

Innovation 131

Innovation Houston Metro Mobile 131

PYMNTS

MAY 2, 2019

” According to Fortune , the company will test the service in 18 markets: Austin, Texas; Charlotte, North Carolina; Chicago, Illinois; Dallas-Ft. .” ” According to Fortune , the company will test the service in 18 markets: Austin, Texas; Charlotte, North Carolina; Chicago, Illinois; Dallas-Ft.

St. Louis 129

St. Louis San Antonio San Diego Los Angeles 129

PYMNTS

DECEMBER 22, 2020

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. For more on these and other stories, read the Playbook’s News & Trends.

Innovation 237

Innovation Cards Payments Study 237

CFPB Monitor

OCTOBER 6, 2022

A California state court has overruled the demurrer filed by Opportunity Financial, LLC (OppFi) to the cross-complaint filed by the California Department of Financial Protection and Innovation (DFPI) in which OppFi asked the court to reject the DFPI’s “true lender” challenge.

California 78

California FDIC Analysis Utah 78

PYMNTS

SEPTEMBER 28, 2020

Despite an order from the European Union ’s antitrust watchdog to curb its anticompetitive practices, Google continues to boost its market power, according to Reuters , which cited a study released Monday (Sept. We actually have to take a hard look at whether these behemoths are killing off innovation and competition.”.

Google 192

Google Study Marketing Comparison 192

Perficient

JANUARY 5, 2021

Rajpal will have responsibility for driving cloud and DevOps business strategy with cloud technology market leaders, including IBM, Google, VMWare, Amazon, Boomi, Microsoft, and Red Hat. “We’re in the business of helping our clients power innovation and deliver exceptional customer experiences. Ostasz, AVP of U.S.

Leadership 531

Leadership Denver Charlotte Ohio 531

PYMNTS

FEBRUARY 2, 2017

California Pizza Kitchen has taken notice of this and has decided to raise the bar in its current mobile app, CPK Pizza Dough Rewards. By eliminating the post-meal waiting time, California Pizza Kitchen has placed value on both customers’ experience level and time. “We On Wednesday (Feb.

California 100

California Mobile Customer Experience Meeting 100

CFPB Monitor

SEPTEMBER 10, 2020

In 2019, California enacted AB-539, the Fair Access to Credit Act (FACA), which, effective January 1, 2020, limits 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.

Utah 78

Utah California FDIC West Virginia 78

PYMNTS

OCTOBER 18, 2018

Macy’s , for example, is testing out pop-up stores in 10 cities in a concept called “The Market @ Macy’s.” According to the PYMNTS Retail Innovation Readiness Index , 85 percent believe they need to innovate to stay competitive. And among large retailers, 82 percent said innovation is necessary for continued success.

Innovation 145

Innovation Retail Online Branding 145

PYMNTS

JULY 29, 2019

The rise of video games, both online and mobile, is helping to drive innovation in retail. This is only part of the innovation trend stemming from video games. As that happens, video games continue to attract big money, which will lead to more retail innovation. Apple has stiff rivals in the gaming market. Larger Trends.

Video 120

Video Innovation Retail Apple 120

PYMNTS

FEBRUARY 26, 2020

In today’s top news, the stock market takes its biggest hit since 2015 due to mounting fears over the coronavirus, and an ex-Microsoft engineer is found guilty of stealing $10 million in digital currency. Coronavirus Decimates US Stock Market $1.7T stock market is taking a hit due to mounting fears over the coronavirus.

Nevada 142

Nevada Marketing US Payments 142

PYMNTS

MAY 4, 2017

Then, companies working to develop the technological means for cars to drive themselves have levied more than a few criticisms against proposed regulation changes in the state of California. Apple, for one, is hoping that California will work to toughen some of its current self-driving road test policies.

California 100

California Policies Company Apple 100

PYMNTS

SEPTEMBER 19, 2019

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.

Retail 137

Retail Innovation San Francisco New York City 137

PYMNTS

OCTOBER 7, 2020

This will further help its global reforestation efforts -- from planting trees that help mitigate climate change in the Amazon rainforest to replenishing California forests damaged during this year’s record-breaking wildfire season.". The RealReal states that Gucci goods hold their value at 2.3x the average for items sold on the platform.

Marketing 131

Marketing California Retail Innovation 131

Jeff For Banks

FEBRUARY 2, 2013

So why do FIs opt for the sideline in participating more fully in innovation? I recently wrote on these pages that FIs should develop Shark Tank like processes to get early stage equity capital into the hands of nearby entrepreneurs to fuel growth in local markets. Take Silicon Valley Bank in Santa Clara, California.

Innovation 97

Innovation Marketing Capital California 97

PYMNTS

FEBRUARY 7, 2020

Investors at Alcedo Digital Ventures provided the investment, which Envoy said will be used to accelerate company expansion in the Latin American market, as well as to develop new functionality around its NVOY Stellar cross-border payment solution. ClearMetal.

blockchain 247

blockchain Fintech California System 247

CFPB Monitor

APRIL 6, 2021

The California Department of Financial Protection and Innovation (DFPI) announced last week that it has entered into a consent order that permanently bars James Berry and any company he owns or controls from soliciting customers for Property Assessed Clean Energy (PACE) financing and seeking future enrollment as a solicitor for PACE programs.

CA 78

CA California Company Innovation 78

PYMNTS

JANUARY 31, 2018

Which means the team at Eaze is ready to innovate for the next phase of the market: when cannabis becomes just like any other consumer good. Former CEO Keith McCarty noted in an interview with Recode, that he expects the market to go much the way the alcohol market did.

Marketing 110

Marketing California Millennials Branding 110

PYMNTS

JUNE 26, 2020

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.

California 259

California Course Technology Report 259

Bank Innovation

DECEMBER 8, 2017

EXCLUSIVE- Emerging markets-focused money transfer app WorldRemit has raised another round of funding, bringing the total amount to $220 million. The new Series C funding of $40 million was led by LeapFrog Investments, a PE firm that focuses on Asian and African markets.

California 249

California Marketing Capital Online 249

PYMNTS

NOVEMBER 5, 2020

5), after scoring a big win in California over gig worker status. Officials in Beijing were concerned about explosive investor interest in the planned $37 billion IPO by the world’s largest FinTech and how it might impact the public markets. Uber Readies Q3 Earnings As California Voters Provide Big Boost.

California 140

California Payments Groups Innovation 140

CFPB Monitor

MAY 3, 2021

The California Department of Financial Protection and Innovation announced last week that it has entered into a consent order with Lambda, Inc., The consent order also resolves the DFPI’s claim that Lambda’s marketing materials were misleading. Non-California students may enter into income share agreements.

Exercises 78

Exercises CA California Marketing 78

PYMNTS

AUGUST 29, 2018

He will be based in Palo Alto, California. As companies in various markets are racing to create the next generation of AI-powered services, a small group of proven AI experts are finding themselves in high demand, with some being offered salaries in the millions to join firms.

Google 101

Google Innovation California Strategy 101

PYMNTS

NOVEMBER 11, 2020

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.

Denver 218

Denver Colorado New York Training 218

PYMNTS

NOVEMBER 1, 2018

FinTech innovation is often a layered process, taking existing infrastructures and processes, and developing new tools to improve upon them. Take, for example, markets like the food and beverage, pharmaceutical and medical supplies space. We’re trying to innovate that because we have a huge opportunity ahead of us.”

Taxes 122

Taxes California Regulation Innovation 122

PYMNTS

JULY 17, 2020

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. The company has emerged as a dominant player in the nation’s digital advertising market. An FTC spokeswoman declined to comment.

social media 160

social media California Google Apple 160

PYMNTS

MARCH 17, 2017

But on the second day of Innovation Project 2017, eyes were beyond Beantown and cast toward the world at large. In 1996, California legalized medical cannabis; in 2014, Colorado did one better and legalized marijuana for adults over 21 for recreational use. Pot Shots in Payments. Numbers for Fun, Profit and Failure.

Innovation 103

Innovation Lending Boston Security 103

PYMNTS

MARCH 3, 2020

The markets for automotive software and electrical/electronic (E/E) components is anticipated to reach $465 billion between 2020 and 2030, up from $238 billion, according to the McKinsey report Mapping the Automotive Software-and-Electronics Landscape Through 2030. Connected services are the future of the automotive industry.

Michigan 218

Michigan Software User Experience Strategy 218

PYMNTS

FEBRUARY 3, 2020

In 2019, UPS launched more new services and operational innovations than in any year in the company’s recent history,” said UPS Chairman and CEO David Abney. “We The company also has a drone delivery service called UPS Flight Forward based at the University of California at San Diego Health.

San Diego 182

San Diego Pennsylvania California Trends 182

PYMNTS

SEPTEMBER 16, 2020

the digital payment and open banking provider based in Redwood City, California, has hired Jonathan Vaux as general manager of its European operations, the company announced on Wednesday (Sept. i2c Inc. , Vaux has more than two decades of experience in payments and product and service development, i2c said.

Management 133

Management Innovation California Payments 133