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Evergreen Credit Union to upgrade its communication capabilities via Access Softek

BankInovation

Evergreen Credit Union is planning to upgrade its call center’s digital communications to include SMS texting and chat capabilities through digital banking provider Access Softek.

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New Report: How Behavioral Analytics Help FIs Block Fraud At The ITM

PYMNTS

Digital banking is reaching unprecedented levels of popularity amid the pandemic, with 89 percent of American bank customers using mobile banking apps to manage their savings and checking accounts. Developments From Around The World Of Digital-First Banking. billion by 2024.

Analytics 266
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Mastercard Q2 Earnings Preview: Increased Spending, Digital Payments Expected

PYMNTS

Mastercard is also working to improve its financial services by expanding open banking and digital banking services. The company introduced a new open banking platform in June that supports connectivity, security and compliance, dispute resolution and consulting services.

Payments 117
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Oregon-Based Simple Bank Laying Off Nearly 10 Percent Of Workforce

PYMNTS

Portland, Oregon-based online bank Simple reduced its workforce by nearly 10 percent earlier this week, marking its second round of layoffs in 2017. “We have been acting like a bank instead of a technology company.

Oregon 109
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U.K. Bank Joins Umpqua in Innovation Venture

American Banker

Umpqua Holdings in Portland, Ore., has found a bank partner to join in its bid to bring new banking technologies to market.

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Data Dive, Summer Heat Edition: Venmo Speeds Up, Amex Branches Out And Walmart Takes A Pass

PYMNTS

Arizona temps grounded flights last week when they got about 120, and even the Pacific Northwest saw temperatures get up over the 100 mark in Portland. It’s hazy enough – or at it has thus far been extremely hot. But as for the lazy, well not so much.

Arizona 116
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Fintech Fundings: 25 Companies Raise $1.6 Billion Week Ending Aug 20

Fintech Labs Insights

Marketplace lender and digital banking solutions provider. HQ: Portland, Oregon. HQ: Portland, Oregon. Digital banking solutions. Tags: Online, mobile banking. Source: Fortune. HQ: Shanghai, China. Latest round: $207 million Series C ( $1 billion valuation ). Total raised: $219 million. Tio Networks.