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OCTOBER 9, 2019

More than 20 online eCigarette retailers are being sued by New York City for allegedly selling to children. 9) stop 22 online sellers from being allowed to either market or offer eCigarettes to anyone younger than 21. . The company is a defendant in a litany of lawsuits consolidated in San Francisco and awaiting pre-trial actions.

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NOVEMBER 17, 2020

Adyen , a FinTech whose payments platform is used by merchants and retailers around the world, is teaming up with San Francisco-based installment payment company Affirm in a new partnership, the companies announced on Tuesday (Nov. This can be done either online or in-store using a QR code, the companies said.

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Bank Innovation

JANUARY 24, 2019

The additional APIs and SDKs should allow more integrations with other technology services and applications. The San Francisco-based bank disclosed the plan in a job posting today. Wells Fargo & Co. will add additional enterprise-level digital capabilities, APIs, and SDKs to its Home Lending platform.

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PYMNTS

JANUARY 31, 2021

Business payments firm FLEETCOR Technologies has acquired accounts payable (AP) platform provider Roger , Fleetcor announced in a press release. The release stated, in part: “The acquisition provides FLEETCOR with a proven, modern automation platform for B2B online bill payment. Terms of the transaction were not disclosed.

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JULY 16, 2020

Online learning is likely to become even more prevalent in the months ahead, with many summer camps canceled and questions remaining about how schools will reopen in the fall. The global market for online learning services was projected to grow 28.6 It is now pegging its near-term future on online classes.

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SEPTEMBER 29, 2020

But there are plans to expand it across Seattle, New York, Chicago and San Francisco, the company said. Dilip Kumar , Amazon’s vice president of physical retail, told the network the technology had been in the planning stages long before the pandemic. Instead, he said, the palm images are encrypted and stored online.

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PYMNTS

OCTOBER 4, 2020

Michael’s SPAC intends to buy a technology company, where Michael will serve as chairman and CEO, IPO Edge reported. Michael served as chief business officer at the San Francisco-based ridesharing giant where he led the merger of Uber with Didi Chuxing Technology , a Beijing ridesharing company, according to the report.

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PYMNTS

OCTOBER 9, 2019

More than 20 online eCigarette retailers are being sued by New York City for allegedly selling to children. 9) stop 22 online sellers from being allowed to either market or offer eCigarettes to anyone younger than 21. . The company is a defendant in a litany of lawsuits consolidated in San Francisco and awaiting pre-trial actions.

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PYMNTS

DECEMBER 14, 2016

Rental car giant Hertz recently announced it teamed up with startup Shift Technologies , said Fortune. Shift Technologies is an online used-car marketplace. Under the new deal, Shift Technologies will feature and sell used vehicles from Hertz’s rental inventory, giving Hertz access to an additional retail sales channel.

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JANUARY 11, 2019

But consolidation looms, according to some observers, and online food delivery services will eventually have to shift more focus away from consumers and toward restaurant operators in order to thrive in a crowded marketplace. Partnerships and technology are becoming increasing important in the delivery space. Postmates Funding.

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Perficient

FEBRUARY 17, 2023

Embedded Payments A 2022 study published by the Federal Reserve Bank of San Francisco noted that app payments increased as a percentage of total consumer purchases from 11% in 2019 to 15% in 2020, to 29% in 2021. Technology has come a long way since then.

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PYMNTS

MARCH 31, 2020

San Francisco-based Princeville Capital has announced a $50 million investment in Russian online retailer Ozon, which is partly owned by the Russian-based conglomerate Sistema. Ozon , one of Russia’s largest online retailers, has been on a growth spurt over the last few years. million, according to Reuters.

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PYMNTS

NOVEMBER 5, 2020

billion acquisition of Plaid, arguing that the deal would allow Visa to extend what the DOJ alleges is the company's control of the online debt market. Department of Justice sued Visa on Thursday (Nov. 5) to block its planned $5.3 However, Visa rejects the Justice Department’s claim that that would create an illegal monopoly.

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NOVEMBER 17, 2020

Revolut said its new open banking offer was developed with TrueLayer , a London-based financial technology (FinTech) company. The digital bank’s German customers will now, using the Revolut app, be able to make some money transfers — such as with family and friends — without logging into the online banking systems of other FIs.

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Bank Innovation

FEBRUARY 22, 2016

The launch of Visa Developer transformed the San Francisco-based Visa’s payments network to an open platform, allowing access to online and mobile person-to-person capabilities, accountholder identification and Visa Checkout.

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PYMNTS

FEBRUARY 28, 2020

“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 It’s 2020, we have technology everywhere all the time, and most people are doing all their research on their phones anyway. trillion market in the U.S. How It Works.

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JUNE 29, 2020

revved a little higher Monday (June 29) as online car sales platform Shift announced it will go public in the third quarter via a complicated reverse merger arrangement. A spokesperson for Shift indicated that the company expects the move will make online auto sales a three-horse race between Shift, Vroom and Carvana.

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OCTOBER 1, 2020

since the online job portal Headhunter listed shares in the country in May 2019, according to WSJ. Like the American eCommerce titan, Ozon originally started out in the late 1990s as an online bookstore. Ozon was the recipient of a $50 million investment from San Francisco-based Princeville Capital in March.

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PYMNTS

JULY 5, 2020

billion for Whole Foods , the online retail giant is planning to open its second automated-checkout grocery store in Seattle’s Eastside neighborhood and is hiring managers for a third store in the city’s Capitol Hill district, The Seattle Times reported. Amazon must like the supermarket business. Three years after it paid $13.4

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NOVEMBER 15, 2016

Technology is the new norm for restaurant customers worldwide — especially if those customers happen to live in Asia or the Middle East. In another restaurant technology survey of U.S. consumers , 79 percent agreed that restaurant technology improves their guest experience. Customers want convenience. While the U.S.

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AUGUST 6, 2020

Stripe , the San Francisco-based company which works to build economic online infrastructure, announced in a press release that Mike Clayville , a 36-year sales veteran of companies like Amazon Web Service (AWS), VMware and BEA Systems, would be joining to help grow the company’s global sales organization.

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PYMNTS

JUNE 28, 2019

Now that San Francisco is on the verge of banning eCigarettes, the question naturally turns to whether other municipalities and states will follow suit. The ban in San Francisco was, at last check, awaiting the signature of the city’s mayor before it became law. Will that happen? Likely not wide scale. New Program.

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Bank Innovation

JUNE 28, 2016

Yesterday, a Danish bank introduced a bot for simple queries (and soon, transactions) and earlier this month, San Francisco-based startup Dyme, a member of the Spring 2016 Bank Innovation INV class, released a prototype of a Facebook messenger bot whose functionality mirrors that of Dyme’s SMS-based Read More.

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Bank Innovation

MAY 17, 2016

SigFig, a San Francisco-based robo advisor, partnered with UBS Wealth Management to create and customize digital tools for WMA’s 7,000 advisors, it was announced today. The tools will “complement” the existing expertise of UBS advisors, and not form a separate automated platform, SigFig said.

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Bank Innovation

APRIL 11, 2016

That trend continues this week, with some San Francisco-grown AI thrown into the mix. Last week this space saw much of the largest fintech funding rounds taking place outside the U.S. This week we witnessed a major push forward in the process of collaboration between financial institutions (FIs) and startups. This Read More.

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BankInovation

NOVEMBER 5, 2020

accusing Visa of trying to buy the financial-technology firm to eliminate an emerging threat to its online debit business. The Justice Department said in an antitrust complaint filed Thursday in federal court in San Francisco that the deal for Plaid […]. Justice Department sued to block Visa Inc.’s

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PYMNTS

AUGUST 15, 2019

The technology, similar to that of Amazon Go stores, uses computer vision and artificial intelligence (AI) to identify what customers take from the shelves. Zippin, a cashierless convenience store, launched last year, also in San Francisco, with the goal of reducing typically long lines. In the U.S., China Is Changing Course.

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PYMNTS

MARCH 29, 2016

It hasn’t necessarily taken a long time for Enjoy to find a foothold among consumers in New York and San Francisco, and this week, the company will be bringing its on-demand services to Los Angeles, followed by a launch in Chicago in May. The tech startup helps consumers find, purchase and learn to use new technology.

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PYMNTS

DECEMBER 1, 2019

In other news, Fidelity’s Center for Applied Technology (FCAT) announced the completion of trials involving a new digital token that will reward employees for performance and attendance. And IBM has won a blockchain patent that would stop drones from stealing packages from consumers.

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PYMNTS

DECEMBER 23, 2019

Online betting company DraftKings is merging with two other companies and going public, according to a report by the Boston Business Journal. The company currently has offices in New York, New Jersey, San Francisco and Las Vegas. The company is going to merge with Diamond Eagle Acquisition and SBTech.

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PYMNTS

DECEMBER 23, 2019

Online betting company DraftKings is merging with two other companies and going public, according to a report by the Boston Business Journal. The company currently has offices in New York, New Jersey, San Francisco and Las Vegas. The company is going to merge with Diamond Eagle Acquisition and SBTech.

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PYMNTS

NOVEMBER 21, 2016

Sanders will be leaving to become CEO of an unnamed technology company. In San Francisco, Oakland and Albany, California, consumers voted to see a one-cent-per-ounce tax on all sugary beverages, joining Berkeley, California, which instated a similar tax two years ago. Overall, online retail in the U.S. 20 of next year.

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PYMNTS

JUNE 10, 2020

Flutterwave, based in San Francisco and Nigeria, has been on a roll since it pulled in $35 million last year in venture funding, including from Worldpay. In April, Flutterwave launched an online portal that will enable African businesses to set up online shops. At the heart of Flutterwave is its online payments business.

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PYMNTS

MARCH 10, 2020

Zumper uses technology to connect landlords with renters throughout the process of renting an apartment, according to the release. The site has a 100 percent year-over-year revenue growth and has expanded its employee base to 200 people in offices in San Francisco, Scottsdale, New York, Chicago and Rhode Island.

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PYMNTS

MAY 27, 2020

Stripe, a technology company that allows businesses to make and receive online payments, has launched in five more European countries, the San Francisco firm announced Wednesday (May 27). Europe’s fast-growing online economy has been fueled by the shift to online purchases as a result of the COVID-19 pandemic.

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PYMNTS

MARCH 11, 2020

With personal interactions under scrutiny due to the COVID-19 disruption, it’s a good time for retailers to take stock of their mobile and online commerce capabilities and technologies. We are committed to providing the technology that can help companies adapt to these pressing changes quickly and efficiently.

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PYMNTS

AUGUST 31, 2020

Wish , the online marketplace, has confidentially filed paperwork to go public with the U.S. Securities and Exchange Commission (SEC), the San Francisco-based company announced Monday (Aug. 31) in a press release. The company submitted a draft registration statement.

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