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WEX Reorganizes With New Team For B2B Payments

PYMNTS

Mark Aquilina was named the senior vice president of product and strategy of corporate payment solutions and will be in charge of product strategy and management for front-end applications and cloud-native processors. The new team’s focus will be on the $27 trillion domestic B2B payments market. He also previously worked at U.S. “As

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Verizon Buys Drone Operator

PYMNTS

16) it has inked a deal to acquire private drone management software firm Skyward for an undisclosed amount. In a press release , Verizon said Skyward, which is based in Portland, adds drone management to the Verizon IoT portfolio, making drone operations easier to manage for any size company.

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New Report: Speeding Toward Startup Success?

PYMNTS

PYMNTS recently caught up with Joe Munk, the program manager of the Portland State University Startup Accelerator in Oregon, to discuss small business accelerators, the benefits of collaboration and what he sees ahead for startup success.

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Accelerating To The Future?

PYMNTS

And the financial benefits of these accelerators may only be the start of the equation, at least according to Joe Munk, program manager at the Portland State University Startup Accelerator in Oregon. He recalled a wearables firm that had been through the Portland State accelerator program two years ago, called ATBM.

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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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The 2023 GonzoBanker Awards

Gonzobanker

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. Merger of Equals Deal of the Year (Credit Union) – Spire Credit Union and Hiway Credit Union put 2+2 together to make a $4 billion institution in the Minnesota market. and Summit Financial Group, Inc.

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SourceMedia’s Small Business Banking Conference Show – No Shortage of Innovation

William Mills

Now in its 23 rd year, the conference featured more than 20 technology providers and rallied together innovators from across the globe to discuss how financial institutions can better engage with business customers… and the timing couldn’t be better. According to The Wall Street Journal , the U.S. www.miradortech.com. AI Foundry.