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Oregon Community Credit Union launches digital platform

Bank Innovation

Oregon Community Credit Union (OCCU) has launched phase one of its digital platform, a move meant to “set the foundation” for the credit union’s new focus toward automation, Chris Whittaker, vice president of consumer lending, told sister publication Auto Finance News on Monday.

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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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Self-Checkout Hits A (Small) Speed Bump

PYMNTS

In fact, in Oregon, the matter has gone to court. The lobby group Oregon Business Industry (OBI) as well as the local AFL-CIO petitioned the Oregon Supreme Court late last month to limit each grocery store to two self-checkout kiosks. You can see expansion of self-checkout machines in stores across the country and in Oregon.”.

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US Local Governments And The Slow Death Of The Check

PYMNTS

Local and state government agencies tend to approach innovation slowly and methodically, but careful vetting and execution have drawbacks for disbursement developments. Digital and instant payment tools’ availability has yet to persuade the Oregon Department of Revenue to give up paper checks, for example.

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Legal Cannabis Retail Innovates Its Way Around Payments Knot

PYMNTS

Legal marijuana may have a massive payments problem, but that’s not stopping retail innovation in perhaps the newest area of legitimate commerce in the U.S. It’s something to watch a young industry develop — look for more retail innovation even as the payments part of the equation continues to be a challenge. and Canada.

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Fitbit Introduces $5K Emergency Ventilator To Address Urgent Pandemic Needs

PYMNTS

COVID-19 has challenged all of us to push the boundaries of innovation and creativity, and use everything at our disposal to more rapidly develop products that support patients and the health care systems caring for them,” Fitbit Co-Founder and CEO James Park said in a statement.

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Square Partners With POWDR To Offer Ski Resorts Contactless Transactions

PYMNTS

Bachelor, Oregon; Woodward Park City, Utah; and SilverStar in British Columbia, Canada. In separate news, in PYMNTS 2021 New Merchant Business Models Playbook, Katie Swett Miller, eCommerce product lead at Square, said the first months of the pandemic saw different innovation strategies emerge for small- to medium-sized businesses (SMBs).

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