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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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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. In addition, Dylan Jones will move from payments strategy operations leader to VP of operations.

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BI Ignite 2019: Umpqua’s Go-To Platform Moving to a 24/7 Service, CEO Says

Bank Innovation

Umpqua Bank’s Go-To human-digital live support platform is moving to a 24/7 service, Cort O'Haver, President and CEO of Umpqua Holdings Corporation, announced at Bank Innovation Ignite 2019 in Seattle on Tuesday. Access to the Go-To platform is free for the Portland, Ore.-based He said the decision had been made just that morning.

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Accelerating To The Future?

PYMNTS

With more than 700 now in operation across the United States, small business accelerators are becoming increasingly crucial engines of the U.S. 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.

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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. This popularity is not expected to decline once the virus wanes, with the number of online and mobile banking users expected to hit at least 3.6

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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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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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