San Francisco Board of Supervisors passes ban on cashless retail

Mobile Payments Today

San Francisco became the latest municipality to ban cashless retail as vulnerable populations demand equal access to shopping and dining service

San Francisco May Be First City To Ban Facial Recognition

PYMNTS

The city of San Francisco moved a little closer to banning facial recognition software after adding amendments to the Stop Secret Surveillance ordinance. San Francisco would also let the public weigh in before purchasing or deploying any new surveillance technology.

San Francisco Votes To Ban eCigarettes

PYMNTS

In a ban that would be the first of its kind to go into effect in the United States, San Francisco has voted to prohibit the sale of eCigarettes. Retail eCigarettes JUUL News San Francisco What's Hot

San Francisco Surveys On-Demand Delivery Couriers

PYMNTS

To learn more about the workers who deliver items such as food and groceries through startups, the San Francisco Municipal Transportation Agency (SFMTA) is launching a survey. San Francisco has concerns over traffic: To that end, the city is one of the most congested in the world.

Postmates Testing Robot Delivery In San Francisco

PYMNTS

Postmates sidewalk delivery robots are coming to San Francisco, but the autonomous service will have a human escort, TechCrunch reported on Friday (Aug. Marble, a San Francisco robot-delivery company, has also applied to deliver within city limits. .

Lyft Brings Pedal-Assisted Bikes, New Branding To San Francisco

PYMNTS

With its rollout of pedal-assisted bikes, Lyft is using its own branding in the San Francisco Bay Area. Customers in San Jose are said to have access to the bicycles beginning on Tuesday (June 11). ” Retail Bay Wheels bikeshare Lyft News San Francisco What's Hot

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.

San Francisco puts the kibosh on cashless retail, restaurants

ATM Marketplace

San Francisco has become the latest city to say no to cashless retail and foodservice as advocates for vulnerable populations demand equal access to shopping and dining establishments for the unbanked

Data Dive, New Rules Edition: Starbucks, San Francisco And Card Interest Rate Caps

PYMNTS

San Francisco Says No to Cashless. The list of locations banning cashless shops in the name of financial inclusion grew this week, with San Francisco joining Philadelphia and New Jersey in barring cashless retailers from the city.

Local Insights On Airbnb In San Francisco

PYMNTS

San Francisco recently voted to impose a limit on the maximum number of days hosts could rent out their properties — which could bring major changes to the city’s gig economy. Airbnb eventually sort of settled with San Francisco back in 2015 — though it turned out to not be enough — and said it would better police its platform. In San Francisco in October 2016, Airbnb hosted a total of 5,755 active listings — total listings at the end of October came in at 9,716.

Prime Members In San Francisco And Atlanta Get Free Whole Foods Delivery

PYMNTS

Adding to the sundry benefits of Prime, Amazon is launching free two-hour delivery of Whole Foods groceries in Atlanta and San Francisco through Prime Now. We’re happy to bring our customers in San Francisco and Atlanta the convenience of free two-hour delivery through Prime Now and access to thousands of natural and organic groceries and locally sourced favorites,” John Mackey, Whole Foods Market co-founder and CEO, said in a statement.

Amazon Go To Expand To San Francisco And Chicago

PYMNTS

The Amazon Go store is getting ready to expand into San Francisco and Chicago. We plan to open Amazon Go in Chicago and San Francisco,” said an Amazon spokesperson, who didn’t have information about other cities where the store might launch. The first cashierless Amazon Go store opened in January in Seattle after being in development for five years. It’s located on the ground floor of the eCommerce giant’s new headquarters.

Berlin vs San Francisco: Why Berlin’s Silicon Allee is Europe’s new Silicon Valley

Dataconomy

The post Berlin vs San Francisco: Why Berlin’s Silicon Allee is Europe’s new Silicon Valley appeared first on Dataconomy. Startups Berlin San Francisco startups tech startups

San Francisco community bank taps next CEO

BankThink

Beacon Business Bank hired former Boston Private executive John Delaney as its new leader. Community banking Succession planning Growth strategies

FinDEVr San Francisco 2015 Presenters All Mapped Out

Fintech Labs Insights

FinDEVr San Francisco 2015 is less than a week away, and we’re excited to host 64 companies as they spend 20 minutes on stage showing off their latest tools, APIs, and platforms. The post FinDEVr San Francisco 2015 Presenters All Mapped Out appeared first on Finovate.

FinDEVr San Francisco Very-Early-Bird Ticket Discount Ends Friday

Fintech Labs Insights

It will all take place at the UCSF Mission Bay Conference Center in San Francisco. The post FinDEVr San Francisco Very-Early-Bird Ticket Discount Ends Friday appeared first on Finovate. FinDEVr 2015 San Francisco

FinDEVr 2015 San Francisco: Builders by the Bay

Fintech Labs Insights

Sure, the deep red of the Oracle OpenWorld conference a year ago has been replaced by the bright orange of San Francisco Giants fans lining the streets for the final few games of the baseball season. FinDEVr 2015 returns to the campus of the University of California, San Francisco.

FinDEVr 2015 San Francisco: A Bounty for Builders

Fintech Labs Insights

With attendance numbers already well above last year’s inaugural event, we are having a hard time containing our excitement about FinDEVr 2015 next week in San Francisco. The post FinDEVr 2015 San Francisco: A Bounty for Builders appeared first on Finovate.

Heritage Commerce bulks up in San Francisco with Presidio purchase

BankThink

Heritage will have 17 branches around San Francisco when it completes the $200 million acquisition. Community banking M&A Capital Growth strategies California

A View From Backstage at FinDEVr San Francisco 2015

Fintech Labs Insights

If you were at FinDEVr San Francisco last week, you experienced first-hand the high energy from 63 presenters and 500 other attendees. FinDEVr San Francisco in the press: Cripto Noticias. FinDEVr 2015 San Francisco Day 1.

San Francisco Fed says banks could weather a big hit to housing

BankThink

America's banks could largely weather a major housing downturn, a new Federal Reserve Bank of San Francisco analysis finds, and that includes thousands of smaller lenders that typically have higher exposure to real estate. Housing market Federal Reserve Bank of San Francisco

Future of Fintech 2020: What To Expect In San Francisco

CB Insights

The post Future of Fintech 2020: What To Expect In San Francisco appeared first on CB Insights Research. The Future of Fintech 2020 will feature 3 main stages focusing on fintech, wealth tech, and insurtech, with 75+ fireside chats with the biggest names in financial services. Here’s what else you can expect: . Hear from 125+ C-level speakers from banking, payments, insurance, and wealth. Meet hundreds of VCs looking for what’s next.

San Francisco Official Wants Tax On Robots That Put People Out Of Work

PYMNTS

With a growing number of automated machines performing jobs and tasks that could eliminate jobs, one San Francisco official is pushing a statewide “tax” in California on robots that put people out of work. William Santana Li, CEO of security robot maker Knightscope, which created a K5 security robot that monitors the Westfield Valley Fair mall in San Jose, calls the notion “preposterous.”

Cashless Payments Coming To San Francisco Festival

PYMNTS

5–7 in San Francisco’s Golden Gate Park. For the fifth year in a row, payment company PayPal announced its partnership with Outside Lands Music and Arts Festival , which runs Aug. Under terms of the partnership, PayPal will be the digital payment provider for the festival, enabling concertgoers to attend the event cash-free. “We’re

I didn’t leave my heart in San Francisco…

Celent Banking

…but something far more valuable. So for this post to make sense, you ought to read my last 2 posts, about my experience of using my credit card in the US. The first talked about the customer experience, and how varied it was. Some of the quirks were allegedly to improve security, yet offered no perceivable additional security. When asked, the retailers I spoke to saw EMV as offering no better security and a worse customer experience.

Should San Francisco's ban on face-recognition tech worry banks?

BankThink

Police and city agencies can no longer use facial-recognition technology, which civil liberties groups say infringes on human rights. The measure may be an ominous sign for biometric login authentication.

Five At Five: Amazon Gets Beat In San Francisco

PYMNTS

Cashierless Challenger Zippin Debuts i n San Francisco. Zippin, the cashierless store operator, is beating Amazon and its Amazon Go stores to the punch, opening up its first cashierless store in San Francisco. Welcome to Five at Five, your daily look at the day’s payments and commerce news. Today’s news includes coverage of how a company beat Amazon to the punch, and a new batch of worries for Tesla.

Google Testing Same-Day Delivery In San Francisco

PYMNTS

According to the report, the service — dubbed Google Shopping Express — is being tested with a small number of consumers in San Francisco and suburbs around it. Google is getting into the grocery delivery market, with NBC News reporting that it is testing a same-day delivery service that will bring food and other online orders to consumers’ doorsteps.

San Francisco Fed names research head as new president

BankThink

Monetary policy Policymaking John Williams Federal Reserve Bank of San Francisco Federal Reserve FOMCMary Daly succeeds John Williams, who left the bank earlier this year to run the Federal Reserve Bank of New York.

Retail Pulse: Rent The Runway Opens San Francisco Store; Crate & Barrel Plans Restaurant

PYMNTS

Rent the Runway , in particular, is opening a 2,600-square-foot store in San Francisco after outgrowing its 1,800-square-foot space inside of a Nieman Marcus store in the city. In San Francisco, the company’s third-largest market, 83 percent of transactions by subscribers are “self-service.”. To break into the brick-and-mortar world, some digitally native retailers have opened shops inside department stores.

Robo-Baristas Serving Up Coffee At San Francisco Cafe

PYMNTS

Like a scene right out of “The Jetsons,” patrons at Cafe X, a new coffee shop in San Francisco, can have their cup of joe served up to them by a robot. Yes, an actual robot. Located in the Metreon shopping center, Cafe X customers simply place their order using their smartphone or an iPad kiosk, which then sends the order to the robo-barista.

Pricey San Francisco bank deal could motivate others to sell

BankThink

The Bay Area is a booming market with a limited number of smaller banks. The high premium Presidio is receiving from Heritage Commerce might spark more M&A activity. Community banking M&A Commercial lending California

The Full FinDEVr: A Look at the Final Line-Up for FinDEVr 2015 San Francisco

Fintech Labs Insights

We’ve been teasing you for weeks with previews of the companies that will be taking the stage at FinDEVr 2015 San Francisco. We’ll see you in San Francisco! FinDEVr 2015 San Francisco

Presentation Videos from FinDEVr San Francisco 2015 Are Now Available

Fintech Labs Insights

Just when you thought you might be stuck watching the GOP presidential debates tonight, we’re happy to announce that the presentation videos from FinDEVr San Francisco 2015 are now ready for viewing.

Momentum Machines Gets $18M In Venture Funding For San Francisco Restaurant Run By Its Burger Bot

PYMNTS

Momentum Machines introduced its fully autonomous burger bot in 2012, and now, with news of an $18 million venture capital funding round , it’s one step closer to opening its flagship San Francisco restaurant based around the prototype, which has been in the works since June of last year. The Google-backed company applied for a building permit last June to convert a ground floor retail space at 680 Folsom Street in the South of Market (SoMa) neighborhood of San Francisco.

PLI 24th Annual Consumer Financial Services Institute, San Francisco and Live Webcast – 25% discount available

CFPB Monitor

The third location of PLI’s 24th Annual Consumer Financial Services Institute will take place in PLI’s San Francisco Conference facility and via concurrent live Webcast on December 9-10, 2019 in San Francisco (and by live webcast).

San Francisco Times Recognizes Credit Karma as Best Fintech Company

Fintech Labs Insights

Last week the San Francisco Business Times announced winners of its Tech and Innovation Awards honoring the Bay Area’s most innovative and enterprising technology companies. The article boasts that the San Francisco-based company is the third highest-valued venture-backed U.S.

San Francisco Startup Lumoid Lets Best Buy Shoppers Try Before They Buy

PYMNTS

Thanks to a partnership with San Francisco startup Lumoid, it’s a rental option that lets electronics shoppers try before they buy. What does Best Buy have that Amazon doesn’t? Later in June, online Best Buy shoppers will have the option to rent a camera, audio equipment and a fitness tracker by clicking the “try before you buy” option on BestBuy.com and completing the rental through Lumoid’s site.

San Francisco FHLB to Use $40M for Job Creation Programs

American Banker

The Federal Home Loan Bank of San Francisco is exploring ways to use $40 million it received as part of a private-label securities settlement to support small-business development and job creation to help future homebuyers.

Ten Questions for San Francisco Fed President John Williams

American Banker

San Francisco Fed President John Williams discusses the potential for new fintech products to make predatory lending easier, whether big banks need to be broken up, and the likelihood of another recession.

I Left My Equity In San Francisco

BankersHub

When a government takeover plan is so whacked that even a city official in San Francisco thinks that it''s whacked , you know that it''s officially jumped the shark. San Francisco’s controller discouraged city lawmakers from going forward with a proposal to use eminent-domain to help homeowners avoid foreclosure, citing federal limitations and risks to the city’s borrowing costs.

San Francisco FHLB Picks Umpqua Exec as New President

American Banker

The Federal Home Loan Bank of San Francisco has selected Greg Seibly to be its new president and chief executive starting May 12. He will take over from Dean Schultz who is retiring after 25 years at the helm of the bank. gse housing consumer-finance breaking_news law-regulation

Lyft eBikes Return To SF After Battery Fire Investigation

PYMNTS

Lyft is bringing its electric bikes back to San Francisco after the company had to stop the service due to several battery fires. The ridesharing company pulled the eBikes off the road in San Francisco — as well as San Jose and Oakland — in July after several reported battery fires.