Fintech consortium boosts Sacramento banking innovation


A recently launched fintech consortium in Greater Sacramento is already generating partnerships between local technology providers and financial institutions. The Fintech Consortium Governance Committee is a cluster of technology companies and financial institutions that promotes collaboration and idea sharing within Sacramento’s financial services ecosystem, according to panelists during a webinar hosted by the Greater Sacramento […].

Sacramento Kings take a swing at checkout-free tech

Payments Source

Checkout-free tech has only just left the gate, but has tons of promise as a way to shed lines and collect data — just the mix that sports facilities are looking for. Digital payments Mobile payments Contactless payments Internet of things Retailers

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Impact Roadshow | Sacramento, CA


10:00 a.m. - 12:00 p.m. Local Host: Schools Financial Credit Union. Filene Host: Elry Armaza. Click the arrow below to REGISTER for this event: WHAT IS AN IMPACT ROADSHOW? It’s 90+ minutes of stimulating conversation about CU programs that have the potential to enrich your members’ experience and build a culture of success in your credit union.

Bitcoin Daily: CoinFLEX Takes Bets On Libra Launch; Germany’s Finance Minister Speaks Out Against Private Currency


And the Sacramento Kings has announced the NBA’s first blockchain-powered reward program through a partnership with Blockparty. “We We have only just begun to see the benefits of blockchain technology as it transforms the way business is conducted worldwide, ensuring secure transactions across multiple sectors and customers,” Sacramento Kings Chairman, CEO and Governor Vivek Ranadivé said in a press release. “We

Morning Brief 10.8.19: EU presses Facebook for detailed answers about Libra's risk

Payments Source

Today: EU regulators question Libra; Payment startup pulls huge IPO; Sacramento Kings add blockchain; Stripe expands to Malaysia. The information you need to start your day, from PaymentsSource and around the web. Briefing

Bank of the West Adds ATMs for Young Customers on the Move

Bank Innovation

Bank of the West recently added 143 ATMs across the Denver and Sacramento metro areas through an agreement with ATM operator Cardtronics. One target? Millennials, actually.

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Banks Get On Their St. Patrick’s Day

Bank Innovation

Bank Tower in #Sacramento lit up green tonight for St. In honor of St. Patrick’s Day, some banks flaunted their green (no, not greenbacks) on Twitter today. Some highlights below: U.S. Paddy’s Day. StPatricksDay — Ian Schwartz (@SchwartzTV) March 18, 2015 Happy St. Patrick’s Day from US Bank Read More. Marketing

California bank bets on two new markets to reverse lending slump

American Banker

Sierra Bancorp in Porterville has formed dedicated lending teams in Sacramento and Greater Los Angeles in its bid to accelerate loan growth following a sluggish 2019.

9.12.18 Your morning briefing

Payments Source

Today: eBay pursues hands-free tech; Sacramento Kings text tickets; NFC reaches 7-Eleven; Hong Kong's 'bay area' gets UnionPay mobile; Ripple and R3 settle legal fight. The information you need to start your day, from PaymentsSource and around the Web. Briefing

Community Business Bank in Calif. Redeems Tarp-Related Shares

American Banker

Community Business Bank in West Sacramento, Calif., has finally put the Troubled Asset Relief Program in the past. breaking_news law-regulation compliance treasury ca community-banking

DoorDash Unveils Latest Growth Strategy: Digital Convenience Stores


DoorDash said it plans to add more cities in the coming months, including Baltimore, Denver, Sacramento and Concord, California. DoorDash is rolling out digital convenience stores in a bevy of major cities as it ups the ante in the fierce battle for market share in the fast-growing delivery sector. DoorDash on Wednesday (Aug.

Uber Eats Introduces Group Ordering


The promotion rolled out in Austin, Denver, Los Angeles, Miami, Sacramento and Washington D.C., Uber has introduced a group ordering option, the company said in a blog post. .

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Grocery Stores Shutter In-Store Pharmacies


Pharmacies in regional chains, like Sacramento, CA-based Raley’s Supermarkets, are downsizing, and the aforementioned Lunds & Byerly has shuttered all its pharmacies. Supermarket pharmacy counters are closing across the U.S. as they struggle to keep customers coming back.

DoorDash Dives Into Grocery Delivery Business


San Francisco, Los Angeles, Orange County, Sacramento, San Diego and California Central Coast customers can order from Smart & Final. Delivery powerhouse DoorDash has entered the grocery business, the company announced on Thursday (Aug.

Amazon Grocery Delivery Expands To 3 New Cities


As of today, according to an announcement from Amazon , three more cities are joining the Prime Now grocery delivery lineup: Denver, Sacramento and San Diego. “We’ve We’ve been delighted with the customer response to free two-hour delivery through Prime Now, and we’re excited to bring the service to our customers in Denver, Sacramento and San Diego,” said Christina Minardi, Whole Foods Market EVP of Operations.

eCommerce Grocer Weee Notches Almost $50M In Funding


The company provides its offering in the San Francisco Bay Area, Los Angeles, Sacramento and Seattle. In Series B and Series B+ rounds headed up by VMG and XVC, California-based eCommerce grocer Weee notched almost $50 million in financing. Lightspeed Ventures,, Silicon Valley Bank and Goodwater Capital were participants in the investment, Deal Street Asia reported. The new funding will assist the startup in speeding up team building, supply chain optimizations and market growth.

Zippin Raises $12M To Accelerate Cashierless Store Launches


The company also recently introduced an autonomous concession stand in the Golden 1 Center, where the Sacramento Kings play NBA basketball. Zippin, a cashierless checkout technology company, has raised $12 million in a Series A funding round, according to a release.

Amazon And Its Real Estate Effect


Among those initiatives: Cincinnati, Ohio, and Sacramento, California, are changing workforce development programs to develop talent in the technology realm. The WSJ stated Sacramento’s postmortem call was somewhat complimentary. But Barry Broome, who serves as president and CEO of the Greater Sacramento Economic Council said his city is “now restructuring all of our workforce programs in the area,” with an eye on tech training.

Bitcoin Daily: Crypto Startup Kadena Introduces Public Blockchain, NBA’s Kings Auction Jersey Using Blockchain


In other news, NBA team the Sacramento Kings have announced that they’re going to auction off the jersey of starting guard Buddy Hield using a blockchain-powered marketplace, according to a separate report Wednesday by Coindesk. .

Uber, Postmates To Meet With CA Judge To Argue Against AB5


Drivers who shuttle passengers from airports in Sacramento, Santa Barbara and Palm Springs can charge as much as five times more than the price set by Uber on the ride. To put a stop to legislation that would transform gig workers from contractors to employees, Uber and Postmates Inc.

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7-Eleven Launches Beer Delivery In Select US Markets


Lauderdale, Florida; New York, New York; Norfolk-Portsmouth, Virginia; Orlando-Daytona, Florida; Phoenix, Arizona; Portland, Oregon; Sacramento, California; San Antonio, Texas; San Diego, California; San Francisco, California; Seattle-Tacoma, Washington; St. Convenience store operator 7-Eleven is launching beer and cider delivery in select U.S. markets. Customers can place their beer orders via the 7Now app.

How COVID-19 Is Redefining Luxury Spending


It’s amazing how busy we are,” jeweler Adrian Blanco recently told a Sacramento CBS affiliate. Sacramento jeweler Inessa Pakhnyuk concurred, noting that the jewelry sales bump has been a particular boon to mom-and-pop outfits with affluent customers who are inclined to shop locally during the pandemic. “A Face masks have become a part of most people’s day-to-day lives as the physical world reopens with some restrictions amid COVID-19.

Uber To Expand Bike, Scooter Investment With European Focus


Uber said that eBikes and scooters are used the most frequently in Paris, followed by Sacramento and Seattle. Uber is planning to ring in 2020 with increased investment in electric bikes and scooters, with an emphasis on Europe, CNBC reported on Monday (Dec.

Uber Eats Rolls Out Pickup Feature Nationwide


The promotion is rolling out in Austin, Denver, Los Angeles, Miami, Sacramento and Washington D.C., Uber Eats announced that it has launched a new pickup feature nationwide. The feature was tested in San Diego, Phoenix, Dallas and Austin, Texas, and was made available across the country on Friday (Oct. The company’s rivals — DoorDash, Grubhub and Postmates — already offer a pickup service to their customers.

California BanCorp Launches Treasury Management Consultancy


Jeff Mills will also be coming onboard as a Treasury Management sales consultant with a focus on the Sacramento and North State region. California BanCorp , the holding company for California Bank of Commerce (CBC), has announced the launch of a Treasury Management Consultancy to enable firms to manage their liquidity, utilize excess cash for better investments and reduce financial risks. “We

Nearly 100 Pizza Huts To Test Beer Delivery


The new rollout will include cities such as Tucson, Prescott and Winslow in Arizona, and Los Angeles, Bakersfield, Sacramento and Santa Barbara in California. As restaurant operators seek to bolster sales in the face of weak traffic growth, Yum! Brands’ Pizza Hut is bringing beer delivery to approximately 100 of its restaurants in California and Arizona. The restaurant chain had begun testing the service in Phoenix back in December, Reuters reported.

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Uber Pilot Lets Some CA Drivers Set Rates In Response To New Employment Law


Drivers who shuttle riders from airports in Palm Springs, Sacramento and Santa Barbara can charge as much as five times higher than the Uber-set fare on the ride per an unnamed source cited in a report by The Wall Street Journal.

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Amazon’s Whole Food Discounts Are Rolling Out Across Dozens Of States


For some very select customers — in Austin, Dallas, Sacramento and San Francisco — Whole Foods-shopping Prime members can combine their discounts with free two-hour grocery delivery on orders of $35. The Prime rewards are coming; the Prime rewards are coming. Such is the hue and cry set to go off in about a dozen states, as Amazon is starting to ramp up its discounting for Prime members in Whole Foods locations nationwide.

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Amazon Rolls Out Whole Foods Curbside Delivery In Two Markets


Amazon and Whole Foods Market announced Wednesday (August 8) the launch of curbside grocery pickup in Sacramento and Virginia Beach. In a press release , Amazon said the service will come to more cities throughout the remainder of the year. With curbside delivery, Prime members can shop at Whole Foods Market online and pick up their order in thirty minutes without having to get out of their car.

Waze Carpool Now Available Nationwide


The carpooling service was first tested in San Francisco, Sacramento and Monterey, then expanded across California, Texas, Massachusetts and Washington before the nationwide rollout announcement. Waze Carpool, the Google-owned app that connects people with rides, announced Wednesday (Oct.

Instacart Loosens Availability Requirements For Shoppers With New On-Demand Option


The service launches Thursday (April 11) in Boston, Austin and Rochester after a pilot in Sacramento and Buffalo, among other places. Grocery delivery startup Instacart has introduced a new option for its workers, according to reports : on-demand shopping. Instacart shoppers have generally had to sign up for shopping assignments in advance, which would weed out those with unpredictable schedules and facilitate more reliable delivery.

Lyft, Uber Pay Big Money To Defeat AB5 Supporter


Diep’s opponent Nguyen said that AB5 was “one of the worst and most devastating anti-business and anti-jobs laws that has come out of Sacramento.” Lyft and Uber are fighting back against a California legislator who voted for AB5 , a law that could potentially classify drivers as full-time employees and would have serious implications for the companies, according to a report by The Wall Street Journal.

AmazonFresh Continues To Expand


These new cities will join the AmazonFresh family cities/regions of Northern Virginia, Boston, Baltimore, London, Seattle, New York, Philadelphia, Stamford, Trenton, Los Angeles, Riverside, San Diego, San Francisco, Sacramento, San Jose and Stockton. Amazon announced yesterday (Oct. 26) that its grocery delivery platform, AmazonFresh, is continuing its march toward national domination with the addition of two new cities : Chicago and Dallas.

Verizon And Samsung Target 2019 For U.S. Release Of 5G Smartphones


Verizon recently launched a commercial 5G service in October with an offering called 5G Home, which is so far available in Houston, Los Angeles, Sacramento and Indianapolis. Verizon and Samsung announced on Monday (Dec. 3) that they would launch U.S. 5G phones in the first half of 2019, according to Reuters.

Credit Card E-Filing Fees Capped In California


The coalition was led by Sacramento lobbyist Mike Belote who negotiated with the Judicial Council and Assemblyman Mike Gatto to carry the bill. 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.