Remove Innovation Remove Online Remove Operations Remove Portland
article thumbnail

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
article thumbnail

New Report: How Behavioral Analytics Help FIs Block Fraud At The ITM

PYMNTS

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 Windows developer Microsoft has released security patches to fix this security gap, but as many ATMs are in remote areas, their operators do not often upgrade their systems. billion by 2024.

Analytics 266
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Can Pivotus Help Save Banks from Themselves?

Bank Innovation

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.

Portland 150
article thumbnail

Retailers Look To Digital Technologies After Beating The Street

PYMNTS

As quick-service restaurants (QSRs) look to the future, digital innovations such as self-serve kiosks and delivery are on top of mind. But mall owners and operators are occupied with a different focus: what to do with closing anchor tenants that once filled valuable space in their malls. billion on Friday (April 27). The Road Ahead.

Retail 101
article thumbnail

The 2023 GonzoBanker Awards

Gonzobanker

Under Stuart’s leadership over the past 17 years, OnPoint has gone from under $2 billion in assets to knocking on the door of $10 billion, all while becoming the most recognized financial brand in the Portland market and achieving some of the industry’s best profitability in 2023. Oh, and along the way, OnPoint will provide an amazing $2.5

Fintech 195
article thumbnail

Disrupting Insurance: The Other Financial Services Opportunity

Tefkin

In the last years, most of the focus on innovation in financial services has been, it seems, on banking (investing and lending) and payment. In the past 20 years, arguably the investment side of the insurance business has seen the most innovation. A classic case of Innovator’s dilemma. billions.

article thumbnail

Vacation Rental Home Startup Vacasa Isn’t Just An Airbnb Knockoff

PYMNTS

But Cofounder and CEO Eric Breon says that the two online rental startups are actually vastly different from one another. Since its founding, Vacasa has grown from a two-person company to employ more than 1,300 people at offices in Portland, Oregon, and Boise, Idaho, as well as numerous field personnel in the 14 U.S.