Convenience chain Jacksons Food Stores adds bitcoin ATMs
Payments Dive
APRIL 13, 2023
The Bitcoin Depot ATMs will be installed in every state where the convenience chain operates — Idaho, Nevada, Oregon, Utah, California, Washington and Arizona.
Nordstrom Shutters Oregon Store As It Pushes To Go Private
PYMNTS
FEBRUARY 2, 2018
Nordstrom is making the rare move to shut down a full-line department store in Salem, Oregon, a decision that will likely cost about 130 workers their jobs. The company operates roughly 360 brick-and-mortar stores today, more than 200 of which include its off-price brand, Nordstrom Rack.
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Oregon-Based Simple Bank Laying Off Nearly 10 Percent Of Workforce
PYMNTS
AUGUST 18, 2017
Portland, Oregon-based online bank Simple reduced its workforce by nearly 10 percent earlier this week, marking its second round of layoffs in 2017. Among executives leaving the company are its chief marketing officer, chief people officer, vice president of operations and vice president of engineering, according to the report.
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Restaurant Operator Blames Bankruptcy On Wage Hike
PYMNTS
JULY 8, 2019
an eatery operator with 35 restaurants, has filed for bankruptcy and is blaming the misfortune on a recent minimum wage hike in court filings, according to a report by Bloomberg. Restaurant Unlimited’s geographic area is around California, Oregon and Washington. “We Restaurant Unlimited Inc.,
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Self-Checkout Hits A (Small) Speed Bump
PYMNTS
FEBRUARY 14, 2020
In fact, in Oregon, the matter has gone to court. The lobby group Oregon Business Industry (OBI) as well as the local AFL-CIO petitioned the Oregon Supreme Court late last month to limit each grocery store to two self-checkout kiosks. You can see expansion of self-checkout machines in stores across the country and in Oregon.”.
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Why now is the time to update your bank’s corporate governance
Independent Banker
APRIL 30, 2022
During the pandemic, many community banks needed to change how they operated. It can clarify roles and responsibilities, encourage timely communication and help community banks operate more efficiently. Oregon Pacific Bank had to close lobbies and send half of its workforce home. Photo by Alita/Stocksy. By Susan Springer.
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What #Banking Trend Will Have the Greatest Impact on Your Bank?
Jeff For Banks
APRIL 4, 2024
This was the question posed to Bank Profitability students as part of the Oregon Bankers' Association's Executive Development Program (EDP). Shadow Banking refers to banking-like operations that take place outside of the mainstream banking industry. and 53% indirect costs: operations, IT, human resources, etc.
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i2c, Sightline Team Up For Cashless Cross-Channel Gaming
PYMNTS
FEBRUARY 26, 2020
Its client roster includes MGM Resorts, Caesars Resorts, and Hard Rock Hotel and Casino; the Oregon and Pennsylvania state lotteries; Churchill Downs; Golden Nugget online; and DraftKings, FanDuel, William Hill, and Rush Street sports, among others. Going cashless also aids cost-cutting by way of more efficient operations.
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Fitbit Introduces $5K Emergency Ventilator To Address Urgent Pandemic Needs
PYMNTS
JUNE 4, 2020
During development and testing, Fitbit said it worked with the Massachusetts General Brigham Center for COVID Innovation on the design and consulted with Oregon Health & Science University’s emergency room doctors caring for COVID-19 patients.
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Square Partners With POWDR To Offer Ski Resorts Contactless Transactions
PYMNTS
DECEMBER 14, 2020
Safety is our top priority, on and off the mountain, and Square knows this and aligns with POWDR’s Operation Stay Safe, the enhanced POWDR mountain experience that prioritizes the well-being of our staff, guests and community in the midst of the pandemic.”.
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CORO Global Brings Gold Payment App To Alabama
PYMNTS
NOVEMBER 3, 2020
The company – and its gold trading app – just expanded its reach in the United States with the addition of a license to operate in Alabama. The future is looking a bit more golden for CORO Global. The Alabama Securities Commission on Tuesday (Nov.
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Perficient Colleague Transforms No-Kill Animal Shelter with Technology Skills
Perficient
AUGUST 19, 2020
One of these shelters is the Hood River Adopt A Dog shelter in Oregon. That expertise translated easily into his work on the shelter’s website, where he’s been able to streamline the website and move their operations online. Kurt hasn’t been working on revamping the website by himself.
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Bitcoin Daily: Argentina's Crypto Exchanges See Record Growth In 2020; JD.com Sees 20,000 Digital Yuan Transactions In 24 Hours
PYMNTS
DECEMBER 14, 2020
This is bigger than the 2017 spike on operations and on demand.". The expansion includes 10 new states: Georgia, Hawaii, Nevada, New Mexico, Ohio, Oregon, Maryland, West Virginia, Delaware and Rhode Island, according to the release. has surpassed 5,000 locations.
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Cannabis Companies Would Be Eligible For COVID-19 Relief Under Bill
PYMNTS
APRIL 24, 2020
Representatives from Colorado and Oregon, states known for liberal cannabis laws, want the cannabis industry to be included in future Paycheck Protection Program (PPP) legislation.
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208 Can Pivotus Help Save Banks from Themselves?
Bank Innovation
APRIL 1, 2016
Just last year, the Portland, Oregon-based corporation performed the rare feat of upgrading its core Read More. Pivotus Ventures, a new venture capital firm launched by Umpqua Holdings Corporation, believes that drastic action is needed to keep banks relevant in the coming years. If any FIs can do it, Umpqua is certainly among them.
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Amazon To Shut Down Free Sample Program
PYMNTS
NOVEMBER 26, 2019
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. Personal data can be exploited by foreign intelligence services to amplify the impact of espionage and influence operations,” the letter said.
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Amazon Discontinues Free Sample Program
PYMNTS
NOVEMBER 26, 2019
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. Personal data can be exploited by foreign intelligence services to amplify the impact of espionage and influence operations,” the letter said.
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Synchrony Says Erroneous Email Not Tied To Data Breach
PYMNTS
NOVEMBER 26, 2019
Senators 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 asking whether the technology could be accessed by foreign entities or whether it posed a risk to national security.
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Fabletics Announces Brick-and-Mortar Expansion
PYMNTS
DECEMBER 28, 2016
The first opening will take place in Frisco, Texas next March, followed by Indianapolis, Indiana; Lexington, Kentucky; Schaumburg, Illinois; Boulder, Colorado; and Portland, Oregon in the second quarter of 2017. Less is more,” Dustin Netral, SVP of operations for Fabletics, said in a press release.
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Cash&Carry Rebrands Itself Into Smart Foodservice
PYMNTS
MAY 4, 2018
According to Chain Store Age, the company said, “This approach will not only better emphasize the go-to market strategy, but will also offer restaurants and businesses the same competitive advantage that is available to some of the largest foodservice operators.” Earlier this week, the company announced that net sales increased 5.1
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Lawmakers Eye Alternatives To Renter Security Deposits
PYMNTS
JANUARY 19, 2020
California, New York, and Oregon also have new tenant-focused legislation to limit rent increases and protect individuals from evictions. Now I’m in a whole different realm,” said Charles Tassell, chief operating officer of the National Real Estate Investors Association. And they’ve got their high-priced attorneys in-house.”.
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Lyft Plans to Buy a Bike-Sharing Company
PYMNTS
JUNE 4, 2018
Uber spent $200 million to acquire bike-sharing operator JUMP , according to reports. Motivate is dominant in New York (operating as CitiBike) and has a big presence in Lyft’s hometown of San Francisco (operating as Ford GoBike), among many other cities.”. It was not specified when Lyft would close its acquisition.
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Banking's Top 5 in Total Return to Shareholders: 2018 Edition
Jeff For Banks
DECEMBER 13, 2018
Oregon Bancorp, Inc. OTC Pink: ORBN) Oregon Bancorp, Inc. is the parent company of Willamette Valley Bank, a community bank headquartered in Salem, Oregon. The Bank operates five full service offices. It also operates 13 Home Loan Centers in Oregon and Idaho. Welcome to the list! #2.
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Grubhub, BJ’s Restaurants And Brewhouse Announce Partnership
PYMNTS
OCTOBER 16, 2017
operates a nationwide chain of casual dining restaurants offering a diverse range of menu items. We are excited to be expanding our delivery options and combining BJ’s extensive menu with the convenience of Grubhub,” said Lon Ledwith, executive vice president of operations at BJ’s Restaurants, Inc. BJ’s Restaurants, Inc.,
Prop 22: California Sets Referendum On The Gig Economy
PYMNTS
NOVEMBER 2, 2020
We're in the transportation business, so we're going to do our best to operate in California. Where we can operate is a question mark, and the size and scale of the business will be substantially reduced.”. Uber and Lyft have already said they might suspend operations in the state.
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7-Eleven Launches Beer Delivery In Select US Markets
PYMNTS
MAY 2, 2019
Convenience store operator 7-Eleven is launching beer and cider delivery in select U.S. Customers can place their beer orders via the 7Now app. A company statement revealed that a section of the app called “The Beer Necessities” will offer “everything from traditional beers to craft beers and ciders.”
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FinTechs Take On Payment Rail Status Quo
PYMNTS
APRIL 9, 2020
million in new funding co-led by Madrona Venture Group and Oregon Venture Fund, while Mucker Capital, 99 Tartans, and other backers also participated, according to a company press release. The company recently announced $7.7 The company said it will use the funding to focus on growth and develop new product features.
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Cardtronics Becomes Exclusive ATM Provider For United Pacific
PYMNTS
DECEMBER 13, 2016
The newly formed relationship calls for Cardtronics to own and operate ATMs at more than 300 gas station and convenience store locations — operating under the We Got It! Food Mart, My Goods Market and Circle K brand names — in California, Colorado, Oregon and Washington State. Cardtronics announced Monday (Dec.
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New Report: How Behavioral Analytics Help FIs Block Fraud At The ITM
PYMNTS
AUGUST 21, 2020
A study from Portland, Oregon–based hardware security research company Eclypsium found that many ATMs suffered a severe security flaw in their third-party Windows drivers that allowed fraudsters access to the cash dispersal system. ATMs are common avenues for fraud, however, especially those that are running outdated software.
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Indochino Eyes Expansion In 2019
PYMNTS
JANUARY 16, 2019
Vancouver-based Indochino, which currently operates 38 showrooms , said six locations will open this year in the Northeast, including Brooklyn, N.Y.; And five additional locations will open on the West Coast, with three in California — Roseville, San Diego and San Jose — plus Portland, Oregon, and Bellevue, Washington. Greenwich, Conn.;
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Top News In Payments: More Companies Ponder Malaysia Banking Application; Vodafone Bails On Libra
PYMNTS
JANUARY 22, 2020
It intends to use the resources squared away for Libra on its own payment service, M-Pesa, which currently operates in six African countries. Vodafone left the Libra Association on Tuesday (Jan. 21) making it the eighth to exit the association. Manufacturing, Big Tech And Valuations Among Davos Day One Focus. While the majority of U.S.
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For This Startup, Scale Was A Matter Of Necessity
PYMNTS
OCTOBER 3, 2016
Well, according to Cofounder and CEO Eric Breon, scaling was a matter of necessity when Vacasa first started out because rental homes were illegal in the company’s home turf of Portland, Oregon, in all but commercial areas (which greatly limited the company’s initial reach). Italy, Spain, Belize and Chile.
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Late Payments Sound Sour Notes in US
PYMNTS
OCTOBER 15, 2018
In Oregon, and as reported by The Statesman Journal , the Willamette Country Music Festival may be cancelled in future years amid widespread late payments to that festival’s vendors. Many of those vendors have filed fraud complaints with the Oregon Department of Justice. Music and missed payments don’t mix.
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124 Smart Glasses Firm Vuzix Launches AI-Powered Facial Recognition
PYMNTS
JUNE 10, 2019
The smart glasses are in use in the UAE for “security operations,” and there are about 50 in circulation currently. The technology has been used by law enforcement in Oregon and Florida. The technology works best when it knows who it’s looking for, like a criminal or a missing person. The glasses don’t tag and store new faces.
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134 Cascade in Oregon Promotes Reeves to President, COO
American Banker
MARCH 1, 2016
has named a new bank president and chief operating officer, as its chief executive hands over some of his leadership responsibilities. Cascade Bancorp in Bend, Ore.,
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Rite Aid To Quit E-Cig Sales, Add CBD Items In Select States
PYMNTS
APRIL 11, 2019
Rite Aid said it will no longer sell electronic cigarettes amid what it calls an “epidemic” of teen vaping, and that it will start selling cannabidiol (CBD) products in Washington and Oregon, according to a report by CNBC. Chief Operating Officer Bryan Everett told analysts the news on a call discussing Q4 earnings.
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108 Trunk Club Valued At Half What Nordstrom Paid For It In 2014
PYMNTS
NOVEMBER 14, 2016
In its third-quarter earnings release, the upscale retailer said it will be making a number of operational changes moving forward. Founded in 2009 by then-MBA student Joanna Van Vleck, the personalized clothing service was originally based in Oregon and moved to a Chicago headquarters after U.S.
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Microsoft, Lawmakers Boost Marijuana SMEs’ FinServ Fight
PYMNTS
JUNE 20, 2016
While some marijuana businesses may be operating legally under state law, the federal law that still considers them illegal means banks often refuse to provide financial services to these companies. But the legal marijuana business scored two big wins last week. “This is an invitation to robberies, money laundering and organized crime.
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Apple Touts Spending On U.S. Suppliers To The Tune Of $60 Billion
PYMNTS
JANUARY 28, 2019
Companies like Skyworks in Massachusetts, Qorvo in Oregon and Broadcom in Colorado all contribute wireless communications parts. They require a highly advanced and precise manufacturing operation, as well as skilled technicians with specialized training.”. The company released the news on Monday (Jan.
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Lawmakers Question Amazon About Ring Smart Doorbell Data
PYMNTS
NOVEMBER 20, 2019
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. Personal data can be exploited by foreign intelligence services to amplify the impact of espionage and influence operations,” the letter said.
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Is Brunch Coming To Starbucks?
PYMNTS
SEPTEMBER 12, 2016
The weekend-only menu is being tested out at 78 Starbucks locations in Portland, Oregon, and Seattle, according to Fortune. Kevin Johnson, Starbucks president and chief operating officer, said on a third-quarter conference call that food sales for Starbucks had grown 10 percent for the quarter and were at an all-time high. to 2 p.m.,
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36 Hours at Fintech Meetup: Three Themes from the Las Vegas Event
Gonzobanker
MARCH 7, 2024
On the panel, John Spottiswood , chief operating and data officer at Jerry , recommended that businesses favor escalating the issue to humans early, then in time, expanding the bot’s ability to respond to consumers with concerns. Like many pioneers, we ended up on the side of the Oregon Trail with dysentery.
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Retail banking trends to look out for in 2023
Independent Banker
OCTOBER 31, 2022
billion-asset One Community Bank (OCB) in Oregon, Wis. Both One Community Bank (OCB) in Oregon, Wis., So how are retail banks meeting this challenge? Community banks are constantly looking to the future and identifying what customers want. One such bank is $1.7 Retail banking of the future.
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