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CashStar Releases New eGifting Solution

PYMNTS

The gift of giving just got a whole lot easier and more digital, thanks to one Portland, Me.–based CashStar’s Product eGifting enables online shoppers to digitally send physical gifts from a retailer’s eCommerce site to the desired recipient via email. based company. Nordstrom is a fan of CashStar’s plan.

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Frugal Consumers Buying More Off-Brand, Off-Price Products

PYMNTS

You can see this trend, too, in Amazon’s recent announcement that it is moving into the lucrative private-label food market. And it’s a market that only seems to be expanding, as store-branded items rose to an all-time high of $118.4 billion in U.S. sales in 2015, which was a $2.2

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Shipping Inconsistencies Plague Nonessential eCommerce

PYMNTS

Indie bookstore Powell’s in Portland, Oregon couldn’t guarantee that the order would be processed until seven to 14 days. markets to 10 labs operated by Quest Diagnostics and other commercial labs, helping to ensure maximum visibility of the shipments while in transit,” it said in a statement. the next day.”.

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Disrupting Insurance: The Other Financial Services Opportunity

Tefkin

To give a few numbers, non-life insurance market world-wide in 2011 was estimated at $1,877.2 The global life insurance market had total gross written premiums of $2,464.2 Take the example of MetroMile based in Portland. Comparatively, fewer startups have been addressing the insurance space. billion the same year.

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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.

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Millennials Not Alone in Fleeing Big Banks

NCR

So last year, the New York resident left the big bank, setting up an account with Simple, an FDIC-insured direct bank based in Portland, Oregon, where he can do all of his banking online – without any monthly fees. “I Not surprisingly, after months of getting dinged for “maintenance,” Coleman had enough.

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The 2023 GonzoBanker Awards

Gonzobanker

Honorable Mentions – while this was a quiet year for M&A, we tip our hat to Atlantic Union’s acquisition of American National Bank and Eastern Bank’s acquisition of Cambridge Bank. Paul wrote the “ Online Banking for Dummies ” book in the late ’80s. Expect more deals to be announced in 2024. and Summit Financial Group, Inc.

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