AiFi adds frictionless checkout to University of San Diego convenience store
Payments Dive
AUGUST 28, 2023
Fast-paced campus life is turning schools into an attractive market for autonomous retailers.
Amazon Expands San Diego Tech Hub, Creating 300 New High-Tech Jobs
PYMNTS
SEPTEMBER 5, 2018
5) that it has expanded its San Diego Tech Hub and plans to create 300 new high-tech jobs in fields including software development, machine learning, cloud computing and digital entertainment. According to Amazon , the San Diego Tech Hub is one of 17 tech hubs outside of Seattle, employing more than 17,500 people across the U.S.
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N26 takes ‘pure-play’ approach to US market with checking account, debit card
Bank Innovation
JULY 11, 2019
German challenger bank N26 has partnered with San Diego-based Axos Bank to offer an FDIC-insured checking account and Visa debit card for U.S. The products, announced on Thursday, are now available to about 100,000 customers who were on the waitlist for the U.S. version of the app. The company said customers can sign up […].
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Applications open for the 2020 DEMOvation Challenge
Bank Innovation
DECEMBER 6, 2019
Auto Finance News is excited to announce that applications are open for the 2020 DEMOvation Challenge, which will take place at the Auto Finance Innovation Summit on March 10-11 at the Omni San Diego.
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eScooter Startup Lime Exits 12 Markets, Fires 14 Pct. Of Staff
PYMNTS
JANUARY 10, 2020
Lime is striving to reach profitability in 2020 and is laying off about 14 percent of its workforce — roughly 100 people — and ceasing operations in 12 markets, according to reports on Thursday (Jan. These market closures have an effect not just on riders, but on our whole Lime community. More global markets planned for this month.
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Decisioning data crucial for Chase risk management strategies
BankInovation
MAY 2, 2022
SAN DIEGO — Data and analytics go hand in hand with risk management in today’s digitally-driven auto finance market, making it crucial for auto lenders to rely on the right data for their decisioning, Chase Auto Chief Risk Officer Ajit Nalla, said Tuesday during a fireside chat at the Auto Finance Risk Summit.
Shifting The Used Car Market Into Overdrive
PYMNTS
FEBRUARY 28, 2020
He is the cliché of a profession that has a lot of suede sheen on it, but at least one company is in the market to bring used car sales into the digital future. “We It’s hard to imagine that there’s so much technology and innovation happening up and down the mobility spectrum except for in this market — and it’s a $1.4
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7-Eleven Launches Beer Delivery In Select US Markets
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. Convenience store operator 7-Eleven is launching beer and cider delivery in select U.S. Customers can place their beer orders via the 7Now app. Louis, Missouri; and Tampa, Florida.
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Walmart, Instacart Partner On Same-Day Delivery To Battle Amazon’s Whole Foods
PYMNTS
AUGUST 11, 2020
markets as the battle against Amazon and Whole Foods Market intensifies, CNBC reported. The service is being tested in four California and Oklahoma markets and solidifies the San Francisco-based grocery delivery and pickup service in the U.S. Walmart Inc.
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McDelivery Is McDominating In 1,000 New Markets
PYMNTS
JUNE 2, 2017
3,500 more McDonald’s markets are going to be lovin’ it by the end of June as delivery service rolls out to even more restaurants. On Wednesday (May 31), McDelivery with UberEATS launched at locations in the New York Metro Area, Fresno, Seattle, Denver, Dallas, Houston, San Antonio and Washington, D.C.
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Amazon Grocery Delivery Expands To 3 New Cities
PYMNTS
APRIL 25, 2018
When Amazon launched Prime Now delivery for groceries out of its Whole Foods Marketpalce subsidiary, the company turned some heads — and heard some minor complaints, since the service was only initially only available in four markets: Virginia Beach, Austin, Dallas and Cincinnati. Those who need a rushed delivery can elect to pay a $7.99
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UPS Looks To Drones To Speed Up Delivery
PYMNTS
FEBRUARY 3, 2020
“We are demonstrating further bold action in 2020 as we embrace market trends, invest for growth, partner for added reach and develop unique capabilities using next-generation technologies.”. The company also has a drone delivery service called UPS Flight Forward based at the University of California at San Diego Health.
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Petco’s $864 Million IPO Beats Forecasts
PYMNTS
JANUARY 14, 2021
The San Diego-based pet care chain is pricing its 48 million shares of Class A common stock at $18 each, beating forecasts. This IPO marks Petco’s third foray into the public markets following filings in 1994 and 2000. Petco raised $864 million in an initial public offering (IPO) scheduled to start trading on Thursday (Jan.
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Taking The Chaos Out Of Lunch With B2B Delivery
PYMNTS
MAY 15, 2019
It’s essentially consumer food delivery with a B2B base, which CEO Ben Cattoor noted was an delivery innovation that was lacking in the market. in San Diego. This marks the firm’s first launch in the crowded and competitive California market, the headquarters of many of its better-known consumer-focused competitors.
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Biotech, Augmented Reality Startups Test Investment Appetite With IPOs
PYMNTS
APRIL 5, 2020
Zentalis Pharmaceuticals, a biotech group based in San Diego, California, raised about $165 million. The COVID-19 pandemic has wreaked havoc on the stock market, causing 20 firms to postpone IPOs, according to Renaissance Capital. The stock market hasn’t been this shaky since the 2008-09 financial crisis.
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PriceSmart Net Merchandise Sales Rise 7.7 Pct
PYMNTS
JANUARY 8, 2021
In November, mobility restrictions were reduced in many of our markets. We meanwhile expanded our Click and Go contactless shopping program, which provides for ordering online and curbside pickup, and as of Q1, includes delivery options in all of our markets,” PriceSmart, Inc. CEO Sherry S. Bahrambeygui said in the announcement.
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Zillow Expands Zillow Offers To LA, Orange County
PYMNTS
DECEMBER 9, 2019
9), its second-largest housing market in the nation, GeekWire reported. San Diego and the Inland Empire areas already had Zillow Offers, and the company’s LA expansion covers much of Southern California. Zillow Offers launched in Los Angeles and Orange County on Monday (Dec.
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Consumers Duped By ‘Risk-Free Trials’ To Get $8.7M In Refunds From FTC
PYMNTS
JUNE 22, 2020
million in refunds to 187,425 customers who were reportedly signed up for non-consensual payment plans with San Diego’s Triangle Media Corporation, according to a press release. The Federal Trade Commission ( FTC ) is sending out over $8.7
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Albertsons’ Online Sales Surge 276 Pct As Pandemic Reshapes Shopping
PYMNTS
JULY 27, 2020
We have accelerated our digital and eCommerce strategy to adapt to market conditions. While not citing any specific incidents, the company’s Vons and Safeway stores in New York, San Diego and Los Angeles were all hit by looters over the past few months, according to news reports.
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Instacart-Walmart Delivery Pact Heats Up Online Grocery Wars
PYMNTS
AUGUST 11, 2020
11), reported by CNBC , that retail behemoth Walmart has struck a partnership with Instacart to offer same-day deliver across a few, select markets in the United States, focused on four initial pilots in Oklahoma and California. News came Tuesday (Aug. Today, we welcomed Walmart to the Instacart marketplace for the first time in the U.S.
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Uber Eats Introduces Group Ordering
PYMNTS
DECEMBER 5, 2019
The feature was tested in San Diego, Phoenix, Dallas and Austin, and was made available across the country on Oct. head of restaurant brand marketing, told USA Today. Checkout is the same as always, and everyone can track the order. In other Uber Eats news, the company recently launched a pickup feature nationwide.
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MasterCard’s Major League Baseball Play
PYMNTS
JUNE 1, 2016
For baseball fans, attending the All-Star Game is the ultimate experience,” said Raja Rajamannar, chief marketing and communications officer for MasterCard. That’s why we are thrilled to offer this exclusive opportunity — to head to San Diego and see today’s best players in action — to Petco customers and MasterCard cardholders.”.
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Jack In The Box And DoorDash Expand Delivery Partnership
PYMNTS
MARCH 31, 2017
Following a successful test run in San Francisco, Jack in the Box and DoorDash are now offering delivery options to 229 major cities across the U.S., including Los Angeles, San Diego, Seattle and Las Vegas, among a number of others. DoorDash also has similar delivery partnerships in parts of the U.S.
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ALDI Expands Online Grocery Delivery To All US Stores
PYMNTS
SEPTEMBER 19, 2018
According to Chain Store Age , the German supermarket company will use its partnership with Instacart to roll out the service to 75 major markets, including San Diego, New York City, Miami, Raleigh and Minneapolis. By Thanksgiving, it will be available in 5,000 new areas in 35 states. billion on U.S.
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Zillow Wagers On iBuying With Shift To ‘Zillow 2.0’
PYMNTS
FEBRUARY 21, 2020
It has grown to 23 markets from seven in the last year. The Inland Empire and San Diego has Zillow Offers already, and the firms expansion in LA covers much of Southern California. Zillow Offers has been aiming to have that happen in the year since Barton came back to the company as chief executive.
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Real Estate Money Laundering An Increasing Focus Of Governments
PYMNTS
FEBRUARY 18, 2019
Brigitte Unger, a professor at the Univerity of Utrecht in the Netherlands, is part of a fact-finding panel for Canada’s British Columbia on how to handle the increase of untraceable real estate purchases in Vancouver that are tied to crime syndicates and market abuse. Money laundering through real estate is about $1.6 As for the U.K.,
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Fabletics Announces Brick-and-Mortar Expansion
PYMNTS
DECEMBER 28, 2016
With the brand’s proprietary digital platform and 1 million-member base in place, Fabletics said it uses deep customer insights and enhanced market data to determine the most strategic locations for its retail locations.
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Alphabet-Backed Healthcare Startup, One Medical, To IPO
PYMNTS
JANUARY 5, 2020
” It has applied as common stock on the Nasdaq Global Select Market. According to the filing , One Medical has nine locations — Boston, Chicago, Los Angeles, New York, Phoenix, San Diego, the San Francisco Bay Area, Seattle and Washington, D.C. Investments in One Medical were led by the Carlyle Group, which owns 26.8
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Retail Rents Falling From Manhattan To Los Angeles
PYMNTS
JANUARY 11, 2021
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. Nationwide, Moody’s Analytics estimated that effective retail rents would fall 11.1
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Uber Eats Sees 59 Pct Spike In European Grocery Delivery
PYMNTS
APRIL 16, 2020
Stores wanting to sign on with Uber Eats doubled in March as grocery markets and convenience stores searched for new ways to serve customers duirng the lockdown. She said Uber Eats enabled the market to bring necessities to people in a way that is safe as well as convenient.
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Buying into AML risks in real estate
Abrigo
JUNE 27, 2023
Key Takeaways Real estate markets are vulnerable to money laundering and fraud because of their transaction size and appreciation over time. The real estate market is enticing to more than just new homeowners or investors. Real estate market AML risks Real estate is a proven, traditional, and well-established marketplace.
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FinCEN reissues real estate Geographic Targeting Orders
Abrigo
OCTOBER 31, 2022
At the end of 2021, the Biden administration announced that they would pay closer attention to corruption in the real estate market, with a special focus on all-cash commercial and residential real estate transactions. Reduce false positives so you can focus on the truly suspicious activity. learn more.
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DoorDash Dives Into Grocery Delivery Business
PYMNTS
AUGUST 20, 2020
San Francisco, Los Angeles, Orange County, Sacramento, San Diego and California Central Coast customers can order from Smart & Final. A June fundraise put San Francisco-based DoorDash’s market capitalization at about $15 billion , but the company’s rapid growth has come with challenges.
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AT&T Jumps On The 5G Bandwagon
PYMNTS
DECEMBER 5, 2018
Both companies will be beating Apple to the market since the tech giant is going to wait until 2020 to release the first iPhones featuring 5G. As of today’s announcement, we’ve installed the latest mobile 5G network equipment in areas in the 12 markets where we plan to make 5G available in 2018.”. San Antonio and Waco, Texas.
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Real Estate Startup Bungalow Secures $64M In Funding
PYMNTS
AUGUST 23, 2018
Founded in 2017, Bungalow aims to solve many of the issues that early career professionals face when looking to rent in urban markets. Since its launch, the company has operated in the Bay Area, Los Angeles, New York, San Diego and Seattle. markets by the end of 2018. putting it on track to be in 12 major U.S.
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Analytics Co RELX Buys Anti-Fraud Startup Emailage For $480M
PYMNTS
FEBRUARY 4, 2020
RELX will acquire Arizona-based Emailage for $480 million in the former’s push to establish a footprint in the fraud prevention market, according to Financial Times (FT). Last month, the company spent $375 million to buy San Diego-based ID Analytics.
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DoorDash To Bring P.F. Chang’s Drinks To Your Door
PYMNTS
SEPTEMBER 27, 2017
Chang’s announced it is testing beer and wine delivery with DoorDash at 12 locations in select California markets. Chang’s chief marketing officer. “We Chang’s California restaurants include Anaheim, Burbank, Emeryville, Fremont, Irvine, La Jolla, Long Beach, Oakridge Mall in San Jose, Palo Alto, Pleasanton, Sunnyvale and Walnut Creek.
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Uber Eats Rolls Out Pickup Feature Nationwide
PYMNTS
OCTOBER 20, 2019
The feature was tested in San Diego, Phoenix, Dallas and Austin, Texas, and was made available across the country on Friday (Oct. head of restaurant brand marketing, told USA Today. head of restaurant brand marketing, told USA Today. Uber Eats announced that it has launched a new pickup feature nationwide.
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Uber Eats Teams With Costcutter In The UK
PYMNTS
OCTOBER 23, 2019
“With 28% of food and groceries now purchased online in the UK, our partnership with Uber Eats is a great way to reach new customers and demonstrates our continued commitment to helping our independent retailers thrive,” said Costcutter Marketing Director Sean Russell, according to the report. It was made available across the country on Oct.
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Southern California Bancorp adding branches after raising $42 million
American Banker
DECEMBER 24, 2020
The company is also looking to hire more senior lenders as it expands in markets around Los Angeles and San Diego.
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Bitcoin Daily: Tether Beats Out Bitcoin In Trading Volume; EOS Receives $24M Fine From SEC
PYMNTS
OCTOBER 2, 2019
While its market capitalization is more than 30 times smaller than bitcoin, Tether’s volume has consistently exceeded it since early August at about $21 billion per day. “If Some of the concerning potential patters of trading in the market may start to fall away.”.
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PYMNTS 11: Cornucopia Edition
PYMNTS
NOVEMBER 4, 2016
65,000 | Cash one San Diego octogenarian lost after falling victim to the “Grandma Scam.” billion | The value the global ATM market is expected to reach by 2022. . $4 billion | What Snapchat aims to raise in IPO in the first quarter of 2017.
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Lincoln Testing New Chauffeur Service That Supplies Driver For Your Car
PYMNTS
APRIL 13, 2017
If all goes well, Lincoln would like to expand the service to San Diego next, and then additional markets later. Lincoln owners will get eight hours free of chauffeur service included in the purchase price of the car.
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100 Pride Vendors Look To Triple Sales With mPOS
PYMNTS
JUNE 5, 2019
While some markets may be seeing relatively slower adoption of mobile point-of-sale (mPOS) than others, there’s no denying that the overall popularity of mobile and contactless payments are growing fast among consumers. In markets like the U.S., percent between 2017 and 2026. Deep Dive: The State of mPOS in North America.
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