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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.

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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.

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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.

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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.

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ID Experts Light Up Portland

PYMNTS

In the largest deal of the week, United Bankshares said it would buy Cardinal Financial for $912 million, in a transaction that would bring United into the forefront of big banks in the Washington DC region, with scale gleaned from Cardinal’s 30 branches and $4.2 billion in assets.

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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.

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For This Startup, Scale Was A Matter Of Necessity

PYMNTS

Well, according to Cofounder and CEO Eric Breon, scaling was a matter of necessity when Vacasa first started out because rental homes were illegal in the company’s home turf of Portland, Oregon, in all but commercial areas (which greatly limited the company’s initial reach). Italy, Spain, Belize and Chile.

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