Seattle Bank explores BaaS, embedded finance


Seattle Bank is preparing to enter the banking as a service and embedded finance markets as part of its digital banking and post-core conversion strategy. Partner BAS Fall22 Premium Seattle Bank

Seattle Credit Union targets renters with personal loan offering

Bank Innovation

While consumers often turn to financial institutions for mortgages, Seattle Credit Union is expanding the field of real estate related credit products by offering a loan product for renters. With the rental loan, Seattle Credit Union can reach a […].


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Amazon To Deliver Coronavirus Test Kits In Seattle


To assist in bringing at-home testing kits for COVID-19, the disease caused by the coronavirus , to homes of Seattle-area residents, Amazon Care is reportedly in discussions with local health groups, according to a CNBC report.

Seattle OKs Head Tax Aimed At Big Business


Seattle’s City Council passed a new tax for big businesses operating in the city, including Amazon , according to CNBC. The tax, called the JumpStart Seattle Tax, will target businesses with at least $7 million in annual revenue.

Amazon Expands Palm Biometrics In Seattle 


Three more Amazon Go stores in Seattle are being equipped with Amazon One palm-reading biometric identification scanners, Geekwire reported on Monday (Feb. The eCommerce giant is adding the palm scanning equipment to two more Seattle stores, bringing the total to eight.

Instacart May Stop Service If Seattle OKs Hazard Pay Fee


Seattle’s City Council is debating a bill to force eCommerce ordering and transportation platforms like Instacart and Uber to give drivers at least $5 “premium pay” for each trip made during the pandemic and until as long as 2023.

Seattle Bank CIO Jayson Callies joins Bank Automation Summit Fall


Jayson Callies, chief information and innovation officer at Seattle Bank, will join Bank Automation Summit Fall 2022 to speak on the “Embedded Finance: Frontiers in Open Banking” panel on Monday, Sept. 19-20 at the Hyatt Olive 8 in Seattle.

Seattle Startup Delivers Low-Income Families Discounted Local Produce


The Seattle startup Pacific Coast Harvest , which connects local farms and home delivery, is now offering a discount program to assist low-income families, GeekWire reported Sunday (Sept. The startup recently teamed with the city of Seattle and area preschools to give low-income families the same service at a discount. Delivery delivery ecommerce farms low income News Pacific Coast Harvest Seattle Startup What's Hot

Amazon To Launch Sixth Pop-Up Store In Seattle


Amazon has announced that it is opening a pop-up store at its headquarters in Seattle, according to a report by GeekWire. We’re excited to be opening an Amazon Pop Up location in Seattle, and are currently hiring,” an Amazon spokesperson said, according to GeekWire.

Biometrics Are The Seattle Seahawks’ MVP


Thousands descended upon T-Mobile Park stadium in Seattle on March 28 — the earliest opening day in Major League Baseball (MLB) history — to see their home team, the Mariners, take on last year’s World Series champions, the Boston Red Sox. CenturyLink Field, home of the Seattle Seahawks , was the first NFL stadium to adopt the technology. Authentication authentication biometrics CLEAR digital identity Digital Identity Tracker Jumio News NFL Seattle Seahawks Security sports

Seattle Seahawks Chalk Up An Authentication Win With Biometrics


Seattle Seahawks Score a Biometrics Win. For the April feature story, Zach Hensley, vice president of venue operations and guest experience for the Seattle Seahawks and CenturyLink Field, and Ed O’Brien, head of sports for business development and partnerships at biometric solutions provider CLEAR , discuss how the technology is reinventing some long-held sports venue traditions. Issues with digital identity authentication can get in the way of consumers’ financial goals.

LimePod Car-Sharing Service Calls It Quits In Seattle


In the second closure of a free-floating carshare in Seattle in two months, Lime has announced it is winding down LimePod. BMW’s car-sharing service, ReachNow , stopped operating in Seattle and Portland in July. Seattle is the only market where the company had a carshare service that enabled users to get into a vehicle, drive to a destination and drop off the car. (A Lime will continue to operate its on-demand electric scooter and bikeshare service in Seattle.

Seattle Warns NY About Amazon Effect Of HQ2


Two politicians traveled to New York to warn the city about the troubles Amazon’s headquarters brought to Seattle, according to a report in Bloomberg. Lisa Herbold and Teresa Mosqueda, members of the Seattle City Council, want to warn New York’s elected officials about the housing and transportation issues they experienced after Amazon built its headquarters in Seattle.

UPS Takes On Postmates With eBike Trial In Seattle


UPS is teaming up with the city of Seattle on the downtown delivery pilot project, which will use pedal-assist cargo eBikes and customized, modular trailers. The pilot will operate in the Pike Place Market and downtown Seattle area on sidewalks and in designated bike lanes. The modular boxes and trailer allow us to expand our delivery capabilities and meet the unique needs of our Seattle customers.

Accelerated: Agora and Seattle Bank

William Mills

Tune into our latest episode of Accelerated, a podcast dedicated to giving a behind-the-scenes look at how fintech-banking deals are made and why they’re essential to the overall industry. Banking Fintech

Is Seattle’s Minimum Wage Hike A Job Killer?


The headlines during the penultimate week of June in The Washington Post regarding the Seattle minimum wage increase might have been a bit confusing to the casual observer. an hour by the city of Seattle is not killing jobs but is nonetheless ruining the lives of working class people, unless it isn’t — and it is actually working just fine. Imagine being a working-class citizen in Seattle.

Amazon Delivers Housing to Seattle’s Homeless


Amazon, the nation’s largest online retailer, is taking home delivery to the next level : instead of just delivering goods to customers’ homes, the company will now be providing actual homes for the homeless at its new six-story headquarters in downtown Seattle. Seattle non-profit Mary’s Place was already using space in Amazon’s existing headquarters, a converted Travelodge motel, purchased last year.

Amazon Launches Job Training Program In Seattle


Amazon is partnering with nonprofit organization FareStart to launch a job training program in Seattle’s South Lake Union neighborhood. The initiative will also bring five new eateries to Seattle, which will serve as the training location for those enrolled in the program and help people in entry-level foodservice jobs attain the skills needed to earn a higher income. Poverty and income inequality are growing in Seattle.

Tencent To Open Seattle AI Research Lab


Tencent, whose mobile chat and social commerce app Wechat sees over 889 million active users, has decided to open up shop in Seattle — and by shop, we mean an AI research center run by former Microsoft principal researcher Yu Dong, said The Information. Artificial Intelligence AI artificial intelligence china e-commerce Mobile Payments News Seattle tencent What's Hot

Seattle Utility Customers Privy To Confidential Data


But that’s what happened to customers of Seattle City Light and Seattle Public Utilities on Sunday (Sept. The City of Seattle was busy trying to fix a glitch that sent links to over 3,000 people in error. The mailings marked the launch of Seattle City Light and Seattle Public Utilities’ new billing system. Security & Fraud News Seattle Utilities What's Trending

Seattle Approves Next Tax For Big Companies Like Amazon


Seattle’s city council has approved a new tax for the city’s biggest companies, including Amazon , to combat a housing crisis impacting the city’s working class. The company said it is still evaluating whether to sub-lease space in a second future office tower in Seattle, a project called Rainier Square. In addition to Amazon, the tax would also affect Seattle-based coffee retailer Starbucks and department store chain Nordstrom.

Amazon Go Will Open A Second Location in Seattle


The new store is also located in Seattle, and according to Geekwire will stand about a mile away from the other one. In a statement, Amazon said “we are excited to bring Amazon Go to 920 5th Avenue in Seattle. The first cashierless Amazon Go store opened in January in Seattle after being in development for five years. Amazon AiFi amazon go checkout lanes checkout-free eCommerce lanes grocery News Seattle

Tech Center: Seattle Brings Heat to The Tech Arena


Seattle, Washington is known for a great many things including its rainy weather and many pop culture phenomenas. From Grey’s Anatomy to Frasier, Sleepless in Seattle and the band that started the grunge movement in the early 90’s, Nirvana, the city has seen its fair share of recognition and consequentially tourism attraction over the years. What people may not know is that Seattle is creeping up on becoming the next big center for the tech industry.

Amazon Slows Hiring In Seattle To Prepare For Second HQ


Reports out of Seattle say that Amazon has significantly cut the number of open positions in the city, and some employees are even talking about a hiring freeze. Both the Seattle Times and CNBC reported on the story, speaking to employees about hiring freezes or postponements in their groups, the first sign of a slowdown in Amazon’s rapid expansion. Amazon Amazon Headquarters Amazon Hiring Freeze Amazon Jobs Amazon Seattle News What's Hot

Today In Payments: Amazon Expands Palm Biometrics In Seattle; Republicans Propose $600 Billion COVID Stimulus Compromise


Amazon Expands Palm Biometrics In Seattle. Three more Amazon Go stores in Seattle are being equipped with Amazon One palm-reading biometric identification scanners, bringing the total to eight.

Starbucks Opens Princi Bakery In Seattle


Much like those locations, the new location of Princi in Seattle has ovens that bake items in the store. In a second run at the bakery business, Starbucks has opened the doors to a brick-and-mortar location of Princi bakery and café in the U.S. The coffee chain had previously shuttered all of bakery chain La Boulange’s locations after acquiring the company in 2013, Chain Store Age reported.

Cashierless Stores Take Seattle Grocery Cues To Asia


Thousands of miles from Seattle, where Amazon Go opened in January , the cashierless checkout model is taking hold in other parts of the world. In the United States, Amazon has brought its cashierless Amazon Go concept to Seattle and Chicago , and plans to open a location in New York City. Singapore, in particular, recently saw the opening of a supermarket that uses digital payment technology to allow consumers to pay for items instead of visiting cashiers.

Data Dive: The Uncertain Future Edition, MoviePass, Credit Cards And Seattle Taxes


Seattle Taxation Change of Heart. It looks like the tax situation in Seattle may be getting a bit stickier: Seattle’s city council has approved a new tax for the city’s biggest companies, including Amazon, to combat a housing crisis impacting the city’s working class. Reports indicate that the tax comes as Seattle considers the housing crisis at least partly brought on by a local economic boom that has spiked the cost of local real estate.

Snapbot Sends Seattle Residents Into A Frenzy


Seattle locals dropped everything once word started to spread online that the yellow vending “Snapbot” was spotted at Dick’s Drive-In restaurant. GeekWire interviewed some of the of Seattle residents waiting in line, like Ian Atianza, who came down from the Capitol Hill neighborhood and was one of the first people in line. It didn’t take long before a massive line formed, with people waiting an hour or more to get a pair of the much-coveted Spectacles.

Smaller Version Of Amazon Go Opens In Seattle


Amazon has opened a smaller version of its cashier-free Amazon Go food stores in one of its Seattle offices, according to a report by the New York Post. Located on the sixth floor of Seattle’s famous Macy’s building, it’s only open to Amazon employees and their guests. Amazon Go currently has stores in Chicago, San Francisco and other Seattle locations.

Is Amazon Building A Drive-Up Grocery Store In Seattle?


Amazon appears to be behind the construction of a new drive-up grocery store being built in Seattle’s Ballard neighborhood, at least, according to an online report citing city permitting records. Now, GeekWire is reporting that a post-issuance submittal for the project on file with the city of Seattle contains this project description: “storage racks insulation plans on main floor for Amazon.”.

Capital One systems breached by Seattle woman, U.S. says

Payments Source

lost data from as many as tens of millions of credit card applications after a Seattle woman hacked into a cloud-computing company server, federal prosecutors in Seattle said. Capital One Financial Corp. Data breaches Credit cards Banking Capital One

Amazon Go Team Conducts ‘Internal Tests’ At Seattle Location


At a prime retail location in the Capitol Hill neighborhood of Seattle, the Amazon Go team is running “internal tests.” In separate news, with the unveiling of the first cashierless Amazon Go store in Seattle last year, multiple companies have been inspired to offer new ways for consumers to grab items from a store and ditch the checkout line.

AT&T Plans Concept Store In Seattle With Cafe


To provide a new shopping experience for wireless products, AT&T is opening a new 3,000-square-foot concept store in Seattle. The store, which is scheduled to open on Saturday (Sept. 29), is intended to be “part retail store, part coffeehouse and part hangout space,” the company said in an announcement. The Lounge is more about an experience than it is about retail,” Jeff Bradley, West Region president at AT&T, said in the announcement. “It’s

BM Technologies acquiring Seattle bank for $23 million

American Banker

Community banking M&A