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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. Richard Romero, president and CEO of Seattle Credit Union, said renters are a customer segment that often requires assistance.

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Amazon To Deliver Coronavirus Test Kits In Seattle

PYMNTS

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. In the Seattle area, schools have been shuttered for nearly a week.

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Uber Announces Seattle Price Hike To Meet Minimum Wage Law

PYMNTS

Uber trips will jump 24 percent in cost starting in the new year in Seattle, with the rideshare company raising prices to accommodate a new law requiring drivers be paid the city's minimum wage, GeekWire reported. minimum wage in 2021. That means the rideshare companies will have to pay their drivers at least $0.56

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Amazon Expands Palm Biometrics In Seattle 

PYMNTS

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.

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Seattle OKs Head Tax Aimed At Big Business

PYMNTS

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. It’s not the first time Seattle has targeted Amazon with taxes. percent to 2.4

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Seattle Bank’s CD Valet adds DAO capabilities

BankInovation

Amid strong competition for deposits, Seattle Bank’s CD Valet, which assists customers in finding the most competitive certificate of deposit rates, this month added digital account opening capabilities to the platform.

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Instacart May Stop Service If Seattle OKs Hazard Pay Fee

PYMNTS

If this measure passes, Instacart may not be able to sustainably operate in Seattle,” Instacart said in a statement to PYMNTS. It’s unfortunate that the Seattle City Council has chosen to introduce this misguided legislation in the throes of a global pandemic, a widespread economic crisis, and civil unrest in the city.”.

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