article thumbnail

California Opens Door For San Francisco Public Bank

PYMNTS

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. These institutions would connect other public entities to financing, reports explained, so they can fuel various projects to support the local community.

article thumbnail

Banks and CDFIs: Partnering for community impact

Abrigo

And to thrive, those customers need economically diverse and healthy communities in which to live and work. Partnering with local organizations to promote the health of those communities is often a top priority for banks. communities where capital tends to be scarce.

Community 246
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

On-Demand Delivery Service Munchery Ceases Operations

PYMNTS

In May Munchery said it was planning to focus on its largest market, which was San Francisco, in an effort to become profitable. We have also enjoyed giving back to our community through meal donations, volunteer service, and so much more.”. That came after it shut down service in Seattle, Los Angels, and New York.

article thumbnail

Software Company Salesforce Offers System For COVID-19 Vaccine Rollout

PYMNTS

San Francisco-based Salesforce has officially launched its “Vaccine Cloud,” a technology package designed to help manage the rollout of the COVID-19 vaccines. Technology can play a critical role in ensuring it’s done efficiently, effectively, and equitably,” said Bret Taylor , president and chief operating officer of Salesforce.

Software 193
article thumbnail

Lawmakers Put Caps On Food Delivery Fees

PYMNTS

San Francisco, Seattle, Washington, D.C. and Jersey City were among the first communities to implement caps on delivery fees through emergency orders last month. We’ve already seen negative impacts of this in San Francisco,” Grubhub CEO Matt Maloney told analysts on the company’s earnings call, the network reported.

article thumbnail

Salesforce Sets Up ‘Work.com For Vaccines’ To Handle COVID-19 Programs

PYMNTS

San Francisco-based Salesforce is gearing up for expected COVID-19 vaccination campaigns by setting up Work.com for Vaccines, which will “help governments and healthcare organizations more safely and efficiently manage vaccine programs,” the company said in a press release.

article thumbnail

Square Capital Distributed 76K PPP Loans Totaling $820M

PYMNTS

The San Francisco-based division of Square Inc., In mere weeks, we were able to create an application that made it simple for business owners to complete the PPP application, knowing many Square sellers handle all elements of their business, including financial operations, themselves.”. “In

Capital 141