Portland Rolls Out Pilot With Sidewalk Labs

PYMNTS

Aiming to gain insight into how people commute through the city, Portland has rolled out a pilot project to replicate data on their movements. We’ll be looking to Replica to explore a number of questions about major issues in our region like equity, safety and congestion,” said Eliot Rose, technology strategist at Portland’s Metro. TriMet and Portland’s Bureau of Transportation are also contributing to the software.

Google Teams With Portland’s Public Transport Operator TriMet for First Android Pay Virtual Transit Card

Bank Innovation

Here comes the world’s first virtual transit card in Android Pay, well at least according to Google and Portland’s public transport operator TriMet, who teamed up to unveil the Hop Fastpass. TriMet announced today that a group of TriMet C-Tran and Portland Streetcar beta testers can now load this virtual card into Android Pay and […].

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ID Experts Light Up Portland

PYMNTS

News out of Oregon implies significant appetite among investors for cybersecurity firms. A lot has been happening for a firm called ID Experts. Early in August, The Oregonian reported that a private equity firm had paid more than $50 million to acquire Tigard-based ID Experts, a cybersecurity firm founded in 2003. Early in the year, the company raised $5 million from backers that included BlueCross BlueShield Venture Partners and Oregon-based Rogue Venture Partners.

Portland’s Legacy FCU, Consolidated Community to merge

American Banker

The combined institution will hold assets of more than $335 million and serve over 20,000 members across eight counties in Oregon. Consolidations Credit unions M&A Oregon Growth strategies

Amazon’s Portland Plans Prove B&M Bookstores Aren’t For Books

PYMNTS

Portland, Oregon , it seems. “We We are excited to be bringing Amazon Books to [Portland’s Washington Square Mall], and we are currently hiring store managers and associates,” an Amazon spokesperson said in the announcement. Fortunately, Amazon’s decision to go with Portland makes the answer clearer than ever. Is that enough of a difference to manifest itself in the way shoppers in Portland and Seattle peruse books on Amazon’s B&M shelves?

Portland to test contactless cards in Oregon’s largest mass-transit system

Payments Source

TriMet, the regional transportation system based in Portland, Ore., recently began a test of a reloadable fare system and later this year it will add Near Field Communication-based payments via bank cards and smartphones to its pilot. NFC Mobile payments Oregon

Silicon Valley Investor Aims To Create Tech Hub In Maine

PYMNTS

A new research institute in Portland, Maine, is intended to electrify the local economy and provide a hub for multiple career fields outside of the major cities that dominate most tech job searches.

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New Report: Speeding Toward Startup Success?

PYMNTS

PYMNTS recently caught up with Joe Munk, the program manager of the Portland State University Startup Accelerator in Oregon, to discuss small business accelerators, the benefits of collaboration and what he sees ahead for startup success. Here’s a preview: Munk recalled a wearables firm that had been through the Portland State accelerator program two years ago, called ATBM.

Accelerating To The Future?

PYMNTS

And the financial benefits of these accelerators may only be the start of the equation, at least according to Joe Munk, program manager at the Portland State University Startup Accelerator in Oregon. At Portland State’s accelerator, and at many similar organizations around the country, firms have access to a host of resources they might not otherwise be able to use, including access to top-notch labs and technology.

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.

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

Bank Innovation

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. Wallit, a personal finance management tool for teens and parents, has launched in the U.S.

Umpqua’s Tinder-style banking app attracts 27k users

Bank Innovation

Umpqua Bank, the Portland, Ore.-based based regional bank with $28 billion in assets, is growing its human-digital strategy through its Go-To app. Through the mobile digital platform, the bank is putting customers directly in touch with a personal banker who customers can text. In a call with investors on Thursday, Umpqua president and CEO Cort O’Haver […].

Umpqua’s Tinder-style banking app attracts 27k users

Bank Innovation

Umpqua Bank, the Portland, Ore.-based based regional bank with $28 billion in assets, is growing its human-digital strategy through its Go-To app. Through the mobile digital platform, the bank is putting customers directly in touch with a personal banker who customers can text. In a call with investors on Thursday, Umpqua president and CEO Cort O’Haver […].

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. based bank’s customers […]. Bank Innovation Ignite 2019 Exclusive Experience & Design?

BBVA account pivot for Simple customers locks accounts

BankInovation

BBVA faced a storm of criticism from former customers of the Portland-based Simple neobank, who said they were locked out of their accounts and unable to get help from BBVA call centers over the weekend.

Umpqua Bank’s CEO Cort O’Haver to Join Bank Innovation Ignite

Bank Innovation

O’Haver has been CEO of Portland, Ore.-based Cort O’Haver, CEO of Umpqua Bank, will join the fireside chat at Bank Innovation Ignite 2019. The event will take place March 11-12 at Seattle’s Hyatt Olive 8 Hotel. You can join the event by registering here. based Umpqua since January 2017, replacing longtime CEO Ray Davis, who had served […]. Artificial Intelligence Exclusive Mobile Open Fintech Retail Bank Innovation Ignite 2019 Umpqua

Today in Restaurant and Grocery Tech: Target Sees eGrocery Growth; Google Maps Integrates Pickup

PYMNTS

16), the company announced in a blog post that after an initial test in Portland, Oregon, in the spring, Google has now rolled out pickup features for more than 2,000 grocery stores across 30 states.

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The West’s low-caf city

ABA Community Banking

Portland lacks the fervor of Seattle—but that''s good, say bankers Management Financial Trends CSuite Community Banking. 1Management

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. Commerce Compliance Corporate Mobile Online Operations Payments Startups Technology AT&T data aggregation disruption Napster Pivotus Umpqua

Visa, Cambia Health team to reimburse patients via debit cards

Payments Source

Visa and Cambia Health Solutions, a Portland, Ore.-based based health care technology company, are teaming up to offer consumers health care reimbursements directly through debit cards, instead by check or bank transfer. Debit cards

Embed Snags $60M From Investors Ahead of Q4 Launch

PYMNTS

Vancouver-based FinTech startup Embed recently locked down $60 million in equity and debt investment ahead of its planned product launch by the end of 2021, according to a Portland Inno report Wednesday (Oct. and two beyond the borders, with most workers in the Portland, Oregon-Vancouver, B.C.

Bluetooth Accelerates Mobile Pay at Canadian Vending Machines

Payments Source

A coalition of Canada’s largest vending machine operators has formed a partnership with Portland, Ore.-based based payments technology startup PayRange Inc. to add mobile payments through Bluetooth technology. mobile news technology

Grubhub, DoorDash, Uber Eats File Suit Against NYC Over Fee Cap Law

PYMNTS

and Portland, Oregon to help the restaurant industry during the pandemic. The three largest food delivery platforms filed a lawsuit against New York City seeking an injunction that would stop the city from enforcing commission caps, the Wall Street Journal and others reported on Friday (Sept.

Umpqua in Ore. Hires Exec to Form Corporate Banking Business

American Banker

Umpqua Holdings in Portland, Ore., has formed a corporate lending office and hired Richard Cabrera to oversee it. breaking_news people or commercial-lending community-banking

Amazon Adds Delivery Fee For Prime Customers Ordering From Whole Foods

PYMNTS

30, in the areas of Boston; Chicago; Manchester, New Hampshire; Portland, Maine; and Providence, Rhode Island, the report stated.

HomeStreet to Buy Oregon Branches from Bank of Oswego

American Banker

HomeStreet in Seattle has agreed to buy two branches in the Portland, Ore., area from Bank of Oswego. breaking_news community-banking wa or m-a dealmaking-strategy

Whole Foods Co-founder John Mackey to Retire September 2022

PYMNTS

Portland, Maine; and Providence, R.I. . Natural foods retailer Whole Foods Market Co-founder and CEO John Mackey announced Thursday (Sept. 30) that COO Jason Buechel will replace him when he retires on Sept. 1, 2022.

Vacasa Adds 6,000 Properties With Turnkey Vacation Rentals Acquisition

PYMNTS

Portland, Oregon-based Vacasa has completed its acquisition of Turnkey Vacation Rentals , a vacation rental-property manager in more than 80 markets across the U.S. The rental management company will have “central support offices” located in Portland; Boise, Idaho; Ft.

Google Maps Aims to Edge out Instacart With Grocery Aggregator Features

PYMNTS

16), the company announced in a blog post that after an initial test in Portland, Oregon during the spring, Google has now rolled out pickup features for more than 2,000 grocery stores across 30 states. Google Maps is becoming a grocery aggregator. On Tuesday (Nov.

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Mastercard Enables Contactless Payments At TriMet

PYMNTS

Commuters in Portland, Oregon and Vancouver, Washington can now add a digital Hop Fastpass card to their iPhone or Apple Watch, thanks to an alliance between Mastercard and Apple. According to Mastercard, since TriMet did that, Portland has been able to eliminate 210,000 daily car trips and saved more than $150 million in congestion expenses.

WEX Intros Pay Card For Quick Biz Funds

PYMNTS

The Portland, Maine company was founded almost 50 years ago and aims to offer support to service providers across numerous sectors.

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Fleet card market dynamics shift as WEX plucks Chevron portfolio

Payments Source

The wheels are already turning on one of the biggest fleet card portfolio flips in North America, with South Portland, Maine-based WEX Inc. poised to take over in 2018 as the issuer of Chevron and Texaco fleet cards, replacing FleetCor Technologies, which is looking to make up revenue growth elsewhere. Credit cards Healthcare costs Prepaid cards

Umpqua Boosts Loans 9% But Has Little to Show for It

American Banker

Profits barely budged at Umpqua Holdings in Portland, Ore., even though it recorded strong consumer and other loan growth last quarter. breaking_news consumer-finance national-regional

Inside Square's City of Mobile Payments

Payments Source

spent six weeks in Portland, Ore. — Square Inc. — a city with a strong existing base of micro-merchants — to transform it into one of the company's top U.S. markets in total Apple Pay transactions conducted with its card readers. alternative technology mobile retail-acquiring

U.K. Bank Joins Umpqua in Innovation Venture

American Banker

Umpqua Holdings in Portland, Ore., has found a bank partner to join in its bid to bring new banking technologies to market. breaking_news national-regional digital-banking or bank-technology