PYMNTS

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. million in “debtor-in-possession financing” for the restaurant chain, giving it the ability to continue operating and to pay employees and vendors during the bankruptcy process. The deal includes $46.8

California 139

California Los Angeles Texas Operations 139

PYMNTS

NOVEMBER 2, 2020

In California, a state ballot vote tomorrow (Nov. Known as AB5, the shift was signed into law in September by California Gov. In a statement, Gig Workers Rising said that, “This proposition absolves the companies of any responsibility to their workers and writes into California state law a minimum wage as low as $5.64/hour.”.

California 214

California Oregon Washington New York 214

PYMNTS

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 173

California Conference Survey US 173

PYMNTS

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. Later this year, a ballot initiative sponsored by Uber, Lyft and DoorDash will ask voters to rescind the law.

California 193

California San Diego Study Report 193

PYMNTS

DECEMBER 23, 2020

Nuro has received the first-ever autonomous vehicle deployment permit from the state of California, according to a press release. The California DMV is a leader in safety standards, and we appreciate their collaboration and safety-first approach to AV regulation,” he said, according to the release.

California 166

California Software Meeting Technology 166

PYMNTS

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. Plus, the Federal Reserve is working with MIT to explore the use of digital currency. Just Eat Takeaway to End Its Gig Worker Model.

California 148

California Massachusetts Apple Fraud 148

PYMNTS

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. If the companies don’t comply, they could face penalties, including not being able to operate any longer. 21) because of a recent court order , Reuters reported.

California 168

California New York Maine Operations 168

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. The DBO’s approval means that Sezzle can now continue to operate seamlessly in the state and continue to act as the leading U.S.-based

California 130

California Lending Trends Payments 130

PYMNTS

FEBRUARY 14, 2020

Early this week, a judge denied a request from Uber and Postmates to halt the enforcement of a new California labor law — known as AB5 , which was voted into law last year — that would place new restrictions on gig economy workers. I would not jump out there and say that they are operating in violation of the law,” Turner said.

California 160

California Oklahoma Meeting Taxes 160

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. New legislation in California, set to take effect in January, was met with resistance from the California Trucking Association (CTA), Yahoo!

California 100

California Operations Groups Industry 100

CFPB Monitor

JUNE 1, 2022

The California Privacy Protection Agency (“CPPA”) scheduled a Board Meeting for June 8 th , in which it will be discussing and possibly taking action with regard to the much anticipated CPRA enforcing regulations. To facilitate this discussion, the CPPA included a draft of the proposed regulations as part of the meeting records.

California 78

California Regulation Meeting Operations 78

ATM Marketplace

AUGUST 27, 2019

A 25-year-old Westwood, California man has agreed to plead guilty to federal charges for illegally operating a crypto exchange and a bitcoin ATM where he laundered up to $25 million in cash and crypto for individuals, including drug dealers.

California 70

California ATM Bitcoin Operations 70

BankInovation

JULY 26, 2023

PacWest Bancorp is set to merge with Banc of California and raise $400 million in equity from investors, the financial institutions announced Tuesday. The new entity “will have operational and financial scale […]

California 52

California Operations Payments 52

PYMNTS

NOVEMBER 4, 2020

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.

California 162

California United States Company Maine 162

PYMNTS

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. CSU, on the other hand, operates 23 campuses in California with an endowment of almost $2 billion. University Fees.

California 141

California Texas Austin System 141

PYMNTS

JANUARY 29, 2018

California is pressing forward with efforts to provide legal banking services to marijuana businesses as cannabis companies struggle to get banked. Reports in The San Francisco Chronicle said California policymakers introduced a bill last Thursday (Jan.

California 112

California San Francisco Taxes Conference 112

PYMNTS

JANUARY 24, 2019

In a press release , Fundation said it is collaborating with Banc of California to develop a streamlined, digital small business lending and line of credit solution that the bank can offer to its small business clients. SMBs can use the tool to apply for financing through an online application on the Banc of California website.

California 122

California Lending FDIC Online 122

Payments Dive

APRIL 13, 2023

The Bitcoin Depot ATMs will be installed in every state where the convenience chain operates — Idaho, Nevada, Oregon, Utah, California, Washington and Arizona.

ATM 195

ATM Bitcoin Idaho Nevada 195

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. Small businesses are another top focus for proponents of public banks, particularly in California’s legal marijuana industry.

San Francisco 101

San Francisco California North Dakota Community 101

CFPB Monitor

SEPTEMBER 10, 2020

As part of California’s recent triad of consumer financial services legislation, including AB-1864 , which creates the Department of Financial Protection and Innovation and the California Financial Protection Law, and AB-376 , which includes a new Student Loan Borrower Bill of Rights.

California 122

California Regulation Innovation Lending 122

PYMNTS

AUGUST 28, 2019

There are few more contentious issues currently than the status of workers operating on platform-type business models,” noted Brandeis University Heller School Dean David Weil in an interview with The New York Times in March. California Trucking Weighs In. State governments are grappling with this debate, too.

California 116

California Taxes Industry New York 116

Payments Dive

DECEMBER 1, 2022

The 5,000-square-foot location in Southern California marks the latest addition in a region where the e-commerce giant operates numerous brick-and-mortar retail stores.

California 195

California Regional Retail Operations 195

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

The Paypers

JUNE 1, 2023

Global card issuing platform Marqeta has ceased its operations in Australia to reduce expenses and boost activities in its Oakland, California base.

Operations 36

Operations Oakland California Cards 36

PYMNTS

JANUARY 9, 2020

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. California Gig Decree Prompts Uber To Halt Upfront Pricing. Amex Cleared To Operate In China.

CA 132

CA Operations California Payments 132

CFPB Monitor

SEPTEMBER 12, 2022

On August 31, 2022, the California Senate voted to approve House Assembly Bill 156 , and sent the bill to Governor Newsom for consideration and potential signature. If it becomes law, the bill would amend the existing California Debt Collection Act (the “DCLA”) in three ways. First, the bill would amend provisions of Cal.

California 78

California Innovation System Operations 78

CFPB Monitor

OCTOBER 17, 2023

California has enacted new climate legislation that will require thousands of public and private companies that conduct business in the state to disclose their Scope 1, 2, and 3 greenhouse gas emissions and climate-related financial risks. Continue Reading

CA 88

CA Company California Report 88

PYMNTS

JULY 8, 2019

an eatery operator with 35 restaurants, has filed for bankruptcy and is blaming the misfortune on a recent minimum wage hike in court filings, according to a report by Bloomberg. Restaurant Unlimited’s geographic area is around California, Oregon and Washington. “We Restaurant Unlimited Inc.,

Operations 108

Operations Seattle San Francisco Portland 108

PYMNTS

JULY 17, 2020

Transit system operators were already thinking about making at least a partial switch to contactless payments long before a global pandemic disrupted any and every element of how people moved between Point A and Point B. Bowman said that what she hears now from operators is: “We need to do this now.”.

California 281

California Operations System Payments 281

CFPB Monitor

MAY 3, 2021

On April 23, 2021, the California Department of Financial Protection and Innovation (“DFPI”) issued proposed regulations to implement the Debt Collection Licensing Act (“DCLA”). Section 1850.9 – Requires fingerprinting through the California Department of Justice. Spring Street, Suite 15513, Los Angeles, California 90013.

California 78

California Regulation Los Angeles Innovation 78

CFPB Monitor

OCTOBER 22, 2020

A Georgia federal district court has entered a temporary restraining order against a Georgia-based debt collection operation in response to a complaint filed by the Federal Trade Commission. In addition to the FTC’s actions, Operation Corrupt Collector includes two cases filed by the CFPB, three criminal cases brought by the U.S.

Operations 112

Operations North Dakota Georgia South Carolina 112

PYMNTS

SEPTEMBER 26, 2016

The high fees charged by private firms that are hired by the courts to operate e-filing systems and that are often passed onto consumers who pay with a credit card have been capped by a bill approved by California Governor Jerry Brown on Sept. Convenience fees charged by Tyler range from 2.75 percent to 3.5 There were 7.5

California 100

California Cards Sacramento Texas 100

CFPB Monitor

JUNE 15, 2022

The California Department of Financial Protection and Innovation (DFPI) has issued proposed regulations to implement provisions of the California Consumer Financial Protection Law (CCFPL) pertaining to consumer complaints and inquiries. Comments are due by July 5, 2022. Highlights of the proposal include: Complaint Initiation.

California 78

California Regulation Report Policies 78

PYMNTS

JUNE 8, 2018

After news surfaced in May that Golden Gate Capital was considering a merger of Eddie Bauer and Pacific Sunwear of California , the private equity firm has created a new operating company comprised of the two retailers. Golden Gate acquired Eddie Bauer out of bankruptcy protection in 2009 with a cash bid of $286 million.

Operations 100

Operations Company California Branding 100

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

CB Insights

AUGUST 17, 2021

California-based Chime collaborates with regional banks to create member-centric financial products, coining itself as a financial technology firm rather than a bank. The post This Sequoia Capital-Backed Neobank Raised $750M To Scale Operations appeared first on CB Insights Research. HOW’S THE COMPANY PERFORMING?

Capital 78

Capital Operations California Regional 78

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. On September 29, 2020, from 3:00 p.m. to 4:30 p.m.

Utah 78

Utah California FDIC West Virginia 78