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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.

Oregon 109
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i2c, Sightline Team Up For Cashless Cross-Channel GamingĀ 

PYMNTS

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. Founded in 2010, Sightline has experienced 744 percent revenue growth since 2015.

Oregon 232
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Kroger Expands Home Chef Meal Kit Offerings To New Stores

PYMNTS

“With continued innovation and personalization, we are providing customers with more ways to enjoy fresh, delicious meals that align with their individual tastes.” In addition, Home Chef announced the launch of a customizable meal kit feature for online orders, so that customers can easily change and upgrade recipe ingredients.

Ohio 116
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Kicking The Paper Check From Its Public Payment Perch

PYMNTS

The main challenge in innovating public payments in the U.S. In Oregon, Mastercard is working with a department of revenue officials to improve their direct deposit architecture, while in Idaho the desired improvement is a wider project that would tie tax, healthcare and other types of public disbursements into an online platform.

Payments 188
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Uber Healthā€™s Play To Close The Last Mile In Prescription Deliveries

PYMNTS

ā€œThrough this partnership with Uber Health, we are able to dramatically increase the availability of on-demand delivery of an essential product like prescriptions, which is leading to a further increase in demand in all markets we are already active in," Sattar said. Postal Service slowdowns. Meeting Rising Consumer Demand.

Oregon 180
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SourceMediaā€™s Small Business Banking Conference Show ā€“ 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 customersā€¦ and the timing couldnā€™t be better. According to The Wall Street Journal , the U.S. Baker Hill. www.bakerhill.com.

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AltFin Proves Its Staying Power With Asian Investors

PYMNTS

More than $150 million in venture capital bolstered the B2B FinTech market this week, and while investors made big steps into areas like human resources, fleet management and artificial intelligence (AI), it was an old favorite that saw the most, and largest, investment rounds: alternative lending. Human Resources. Cybersecurity.

Capital 135