Klarna to open Los Angeles pop-up shop

Payments Dive

Located on Melrose Avenue, the buy now-pay layer firm’s two-day shopping experience will showcase sustainable brands

Los Angeles, Healthvana Link Up To Put COVID Vaccine Proof In eWallets

PYMNTS

Los Angeles County, a hot spot for the spread of the virus, is now offering a digital record that can be placed in an eWallet. Mobile Wallets Coronavirus eWallets healthvana Los Angeles News What's Hot

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PacWest in Los Angeles accelerates CEO succession

American Banker

Industry News Community banking

Surge In eCommerce Has Port Of Los Angeles Facing 50 Pct More Cargo Shipments Than First Half Of 2020

PYMNTS

In Los Angeles, a widespread glut of shipments has slowed down operations at the nation's busiest container port complex, the Port of Los Angeles , according to CNBC. Port of Los Angeles Executive Director Gene Seroka , speaking Monday (Dec.

Los Angeles Mulls Electric Vehicle Mandate For Rideshares

PYMNTS

As Los Angeles aims to get additional electric vehicles on the roads and reduce emissions, the city is thinking about making rideshare platforms like Lyft and Uber use electric vehicles. Ridesharing electric vehicles Los Angeles Lyft News regulation Uber What's Hot

Retail Rents Falling From Manhattan To Los Angeles

PYMNTS

The study’s Retail Space Developer Sentiment Index, which runs from zero to 100 and counts readings above 50 as “optimistic,” fell to about 20 in San Francisco, the East Bay, Silicon Valley, Los Angeles, Orange County and San Diego as of June.

Tesla’s Cybertruck Debuts At Los Angeles Event

PYMNTS

At one of the firm’s signature promotional events in Los Angeles, Tesla CEO Elon Musk unwrapped the automaker’s Cybertruck all-electric pickup. The vehicle, which will start at $39,900, is designed in the form of a large metallic trapezoid, CNBC reported. The Cybertruck is Tesla’s sixth vehicle model, and is described as the most experimental since the company’s 2003 launch. It will go up against Ford ‘s F series, the top-selling U.S.

Tech Center: Los Angeles On The Brink Of Becoming Tech Power Player

PYMNTS

However, Los Angeles has been coming into its own over the last decade or so. In this week’s Tech Center tracker, Shivani Siroya, CEO of Tala , spoke with PYMNTS on how the Los Angeles area is becoming a center for tech. Los Angeles County had an estimated population of 10 million in 2015. GDP of Los Angeles County (2015): $930.82 There’s a chance that Los Angeles is ready to take on Silicon Valley.

Whole Foods 365 Expands To Los Angeles

PYMNTS

Whole Foods has expanded its 365 concept to Los Angeles with a new opening in the Silver Lake neighborhood. The store focuses on serving millennial customers who value convenience, are mindful of price and tend to keep away from products containing artificial preservatives and colors. Much like an ordinary Whole Foods store, the newly opened 365 store offers grab-and-go food and grocery items, including produce, bakery, supplements and beverages, among other things.

OCC announces initiative to expand credit access in Los Angeles

American Banker

County of Los Angeles, CA OCC Credit Brian BrooksThe effort is the first offshoot of Project REACh, which is designed to bring together business leaders, government officials and advocates to help improve financial services options for disadvantaged communities.

Los Angeles vaccine recipients can put the proof in Apple Wallet

Payments Source

Covid-19 vaccine recipients in Los Angeles County, a major virus hot spot, will be offered a digital record that will help ensure they get a second shot and could, eventually, be used to gain access to concert venues or airline flights

Leader of RBB in Los Angeles resigns after probe finds misconduct

American Banker

Industry News Consumer banking

A first peak inside Amazon’s new grocery store concept in Los Angeles

Payments Source

The $800 billion grocery industry is keeping a sharp eye on a strip mall in the Woodland Hills neighborhood of Los Angeles. There, sandwiched between a nail salon and a bank branch, Amazon.com Inc. is working on the first in a new chain of grocery stores set to open this year. Amazon Digital payments California Merchant

Los Angeles Venture Is Underrated

CB Insights

The following is a guest post by Samir Kaji (@samirkaji), Senior Managing Director at First Republic Bank (@firstrepublic). When ranking US startup hubs, it’s widely accepted that New York City stands out clearly as the largest venture ecosystem outside of … Continued. Guest Post Uncategorized

Los Angeles pressures card networks to halt payments on gun-building kits

American Banker

Payments Regulation and compliance

Los Angeles Rams' official credit union buys its first Super Bowl ad

American Banker

Credit unions

Wells Fargo Scandal Prompts Crackdown by Los Angeles

American Banker

The Los Angeles City Council passed a motion last week to restrict large banks vying for city contracts from using predatory sales goals in response to the furor over Wells Fargo's phony accounts scandal. breaking_news compliance cfpb law-regulation

Passport, the technology business for city transit systems, raises $43 million

PYMNTS

Passport, company that’s managing much of the technical aspects of how people pay to use public transportation resources in cities like London, Miami and Los Angeles, has just raised $43 million. Fundings & Exits TC Transportation Los Angeles miami public transport Bob Youakim Lyft bain capital ventures London ride-sharing Porsche GM Ford Jaguar Land Rover passport

Two board members resign from Los Angeles bank ahead of annual meeting

American Banker

Corporate governance M&A Community banks

Toronto To Launch ‘Digital Main Street’ To Help SMBs Get Online

PYMNTS

Meanwhile, authorities in Los Angeles have put together lists of various places where people can get food or financial aid or other needs. SMBs canada COVID-19 digital ecommerce international Los Angeles Main Street News OfferUp Retail Toronto What's Hot

Maine 203

Lumin Digital To Provide LAFCU With Digital Banking Solution

PYMNTS

17) that it will provide Los Angeles Federal Credit Union (LAFCU) with its cloud-based online and mobile digital banking platform, according to a press release emailed to PYMNTS. Lumin Digital announced today (Nov.

LA Lakers Return PPP Loan

PYMNTS

Treasury rolled out its latest Paycheck Protection Program (PPP) funding to rescue small- to medium-sized businesses (SMBs), the Los Angeles Lakers returned $4.6 million to the fund, the team said on Monday April (27), according to the Los Angeles Times. As the U.S.

Checkout-free technology spreads at airports

Payments Dive

New frictionless convenience stores are coming to airports in Los Angeles and Dallas, continuing a trend that has gained steam since last summer

LA Looks To Boost Taxi Industry With Rideshare-esque Revamp

PYMNTS

To fight back against the dominance of ridesharing apps, the City of Los Angeles is enacting sweeping changes to its taxi system. Ridesharing government regulations LA Los Angeles Lyft News regulations taxi system Taxis Uber What's Hot

Port of Los Angeles Volumes Show Trade War Impact

PYMNTS

14) that the Port of Los Angeles, a key port for trade between the two nations, processed fewer imported and exported containers last month. China trade war on American exporters and manufacturers,” Port of Los Angeles Executive Director Gene Seroka said, as quoted by the newswire. To get a sense of how the trade war – the one between China and the United States – is having an impact beyond the headlines, look to the high seas.

LA’s CREXi Real Estate Marketplace Lands $30M For Digital Expansion

PYMNTS

It has nestled its way into the Los Angeles area, one of the U.S.’ With its high numbers, CREXi has joined the elite ranks of Los Angeles-based startups that have raised funding and reshaped the real estate industry.

Vans Skates Into LA With Community-Driven Concept

PYMNTS

Youth-oriented shoe and apparel brand Vans has found the intersection of both, as seen in its most recent store opening this past week in Los Angeles. The latest store, called Forum, opened in Los Angeles on Nov. There’s community-based and community-driven.

SoFi Signs Deal For LA Stadium Naming Rights

PYMNTS

SoFi has announced that it has signed a 20-year agreement with LA Stadium and Entertainment District at Hollywood Park to be the exclusive naming rights partner of the new SoFi Stadium, the future home of the Los Angeles Chargers and the Los Angeles Rams. SoFi Stadium, which is set to open in summer 2020, is a 298-acre sports and entertainment destination being developed by Los Angeles Rams Owner/Chairman E.

Alibaba Has Big Plans For Olympic Tech

PYMNTS

The sponsorship deal runs for 12 years, started in 2017 and runs through the 2028 Olympic Games in Los Angeles. “We International alibaba Los Angeles News Olympics paris sponsorship Technology Tokyo What's Hot

Alibaba Promises To ‘Transform And Upgrade’ Olympic Games

PYMNTS

The sponsorship deal runs for 12 years, started in 2017 and runs through the 2028 Olympic Games in Los Angeles. “We International alibaba Los Angeles News Olympics paris sponsorship Technology Tokyo What's Hot

MidFirst in Oklahoma City to Buy 1st Century in Los Angeles

American Banker

MidFirst Bank in Oklahoma City has agreed to buy 1st Century Bancshares in Los Angeles. breaking_news community-banking m-a ca ok dealmaking-strategy

Uber Files Federal Suit Against LA Over Data Demands

PYMNTS

In an unexpected twist for a tech company, Uber has filed a federal lawsuit against the Los Angeles Department of Transportation (LADOT), one that has been brewing for 18 months, according to a Wall Street Journal report on Wednesday (March 25). At issue is the Los Angeles rule that requires companies to provide real-time geolocation data at the starting point and endpoint of each trip and the full ride route within 24 hours, via LA’s Mobility Data Specification (MDS).

The Uber Of Fitness Trainers: Handstand

PYMNTS

Currently offered in a session subscription payment method, Handstand is available in Los Angeles and Orange County; the plan is to roll it out to Boston, New York, San Francisco and Chicago. uber of x fitness handstand Los Angeles News startups Uber of XDid you know that physical trainers and fitness instructors only get paid a very small fraction of the cost you pay the gym per hour?

Elon Musk Backs His Own Groundbreaking Tunnel Plan

PYMNTS

Tesla Founder Elon Musk has added another prong to his master plan to save the world, an ambitious tunneling project called The Boring Company that aims to alleviate Los Angeles traffic by creating a network of tunnels beneath the city. The Boring Company is working to reduce costs, tunnel sizes and project lengths for new ventures — first in Los Angeles, then in other markets. Dos Equis has the “Most Interesting Man in the World.”

Elon Musk Plans Candy Venture

PYMNTS

Though Musk has an ambitious tunneling project called The Boring Company , which aims to alleviate Los Angeles traffic by creating a network of tunnels beneath the city, the company has also raised funds by selling a bizarre line of Boring Company-branded products, such as a flamethrower. Retail Cryptocandy Elon Musk Elon Musk Companies Los Angeles News The Boring Company What's HotElon Musk just might become the next Willy Wonka with his latest venture.