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Portland Rolls Out Pilot With Sidewalk Labs

PYMNTS

Aiming to gain insight into how people commute through the city, Portland has rolled out a pilot project to replicate data on their movements. We’ll be looking to Replica to explore a number of questions about major issues in our region like equity, safety and congestion,” said Eliot Rose, technology strategist at Portland’s Metro.

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U.S. Bank teams with Lithia on real-time payments tool

Payments Dive

The pilot in Portland, Oregon, is expected to be rolled out nationwide this year. Bank and Lithia Motors are teaming up to test a new real-time payments tool for customers selling their used cars to the auto dealer in their driveways.

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Google Teams With Portland’s Public Transport Operator TriMet for First Android Pay Virtual Transit Card

Bank Innovation

Here comes the world’s first virtual transit card in Android Pay, well at least according to Google and Portland’s public transport operator TriMet, who teamed up to unveil the Hop Fastpass.

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Portland to test contactless cards in Oregon’s largest mass-transit system

Payments Source

TriMet, the regional transportation system based in Portland, Ore., recently began a test of a reloadable fare system and later this year it will add Near Field Communication-based payments via bank cards and smartphones to its pilot.

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Umpqua’s Go-To sees usage spike as customers avoid branches 

Bank Innovation

Portland-based Umpqua Bank, which has almost $29 billion in assets, is seeing a significant spike in volume on its Go-To app, a digital tool that allows customers to message a banker of their choice.

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ID Experts Light Up Portland

PYMNTS

News out of Oregon implies significant appetite among investors for cybersecurity firms. A lot has been happening for a firm called ID Experts. Early in August, The Oregonian reported that a private equity firm had paid more than $50 million to acquire Tigard-based ID Experts, a cybersecurity firm founded in 2003.

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Wallit wants to be the go-to app for family financial needs

Bank Innovation

The Portland, Maine-based company is differentiating its offering from other teen banking startups by involving parents in the savings app, and it’s partnering with banks instead of trying to replace them. Wallit, a personal finance management tool for teens and parents, has launched in the U.S.

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