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Umpqua’s Go-To sees usage spike as customers avoid branches 

Bank Innovation

Portland-based Umpqua Bank, which has almost $29 billion in assets, is seeing a significant spike in volume on its Go-To app, a digital tool that allows customers to message a banker of their choice.

Portland 259
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Wallit wants to be the go-to app for family financial needs

Bank Innovation

Wallit, a personal finance management tool for teens and parents, has launched in the U.S. The Portland, Maine-based company is differentiating its offering from other teen banking startups by involving parents in the savings app, and it’s partnering with banks instead of trying to replace them.

Portland 170
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BI Ignite 2019: Umpqua’s Go-To Platform Moving to a 24/7 Service, CEO Says

Bank Innovation

Access to the Go-To platform is free for the Portland, Ore.-based 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. He said the decision had been made just that morning.

Portland 170
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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. He will focus on developing cloud-based solutions for corporate payments across sectors including travel and healthcare.

Payments 239
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For This Startup, Scale Was A Matter Of Necessity

PYMNTS

So, how did Vacasa , the online vacation rental home startup, go from managing one beachside cabin on the Washington coast that belonged to the family of one of the founder’s wife to a multimillion-dollar company with more than 1,400 employees that manages over 4,000 properties in the U.S. Italy, Spain, Belize and Chile.

Portland 174
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Acorns Can Now Offer Retirement Accounts Through Vault Acquisition

PYMNTS

According to a TechCrunch news report, Portland-based Vault’s application allows users to set aside part of their paychecks into retirement funds. While the deal enables Vault to reach a wider group of potential investors, it also gives Acorns a foothold in the Portland market, which it sees as an emerging hub for developer talent.

Portland 100
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Amazon’s Next Brick-And-Mortar Shop

PYMNTS

Blame the people or blame the media, but Portland has acquired a reputation as a haven for the slightly off-kilter and the anti-mainstream. Fortune is reporting that sources have confirmed Amazon’s intentions to open a third brick-and-mortar bookstore in Portland, Oregon.

Portland 100