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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 focused on growth instead of innovation,” wrote Josh Reich, Simple ‘s chief executive officer and co-founder, in a blog post cited by the news report.

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Self-Checkout Hits A (Small) Speed Bump

PYMNTS

But at least a temporary blowback to the technology has begun, some of which has landed the issue in court and some of which has led Walmart and other retailers to rethink how it is used. In fact, in Oregon, the matter has gone to court. You can see expansion of self-checkout machines in stores across the country and in Oregon.”.

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Fitbit Introduces $5K Emergency Ventilator To Address Urgent Pandemic Needs

PYMNTS

Fitbit, the manufacturer of activity trackers and wearable technology devices, has received federal approval for a low-cost emergency ventilator. Fitbit said the device is designed to be intuitive and simple to use, potentially reducing the stress on staff who are typically needed to operate a commercial ventilator.

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Amazon To Shut Down Free Sample Program

PYMNTS

Amazon is constantly testing and launching new offerings to innovate on behalf of customers,” an Amazon spokesperson said. “At Ron Wyden of Oregon, Chris Van Hollen of Maryland, Ed Markey of Massachusetts, Chris Coons of Delaware and Gary Peters of Michigan sent a letter Wednesday (Nov.

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Amazon Discontinues Free Sample Program

PYMNTS

Amazon is constantly testing and launching new offerings to innovate on behalf of customers,” an Amazon spokesperson said. “At Ron Wyden of Oregon, Chris Van Hollen of Maryland, Ed Markey of Massachusetts, Chris Coons of Delaware and Gary Peters of Michigan sent a letter Wednesday (Nov.

Delaware 130
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FinTechs Take On Payment Rail Status Quo

PYMNTS

Below, PYMNTS looks at some of the other payments and financial technology companies that are either innovating on top of existing rails or looking to bypass those legacy networks altogether with entirely new solutions. Sila Raises Funding to Nix ACH. The company recently announced $7.7 Billhop Eases B2B Card Acceptance.

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7-Eleven Launches Beer Delivery In Select US Markets

PYMNTS

Convenience store operator 7-Eleven is launching beer and cider delivery in select U.S. stores with the technology this year. We’re always looking to innovate and disrupt,” Singh said. Customers can place their beer orders via the 7Now app. Worth, Texas; Los Angeles, California; Miami-Ft. Louis, Missouri; and Tampa, Florida.

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