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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.
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.
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. Access to the Go-To platform is free for the Portland, Ore.-based He said the decision had been made just that morning.
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.
Digital banking is reaching unprecedented levels of popularity amid the pandemic, with 89 percent of American bank customers using mobile banking apps to manage their savings and checking accounts. This popularity is not expected to decline once the virus wanes, with the number of online and mobile banking users expected to hit at least 3.6
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. He recalled a wearables firm that had been through the Portland State accelerator program two years ago, called ATBM.
16) it has inked a deal to acquire private drone management software firm Skyward for an undisclosed amount. In a press release , Verizon said Skyward, which is based in Portland, adds drone management to the Verizon IoT portfolio, making drone operations easier to manage for any size company.
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. About The Tracker.
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.
According to TechCrunch , the Portland-based startup had previously raised $800,000 in startup capital and $3 million in convertible notes, as well as $1.5 Circle with Disney allows parents to manage the devices on their home network, including when family members can be online and what content they’re able to access.
The biggest investment of the week came in the form of 51credit.com, where the Chinese credit card management outfit garnered $84 million from Harvest Capital and Yintai Group. This week started off with a bang for Portland, Ore. Vacasa provides its homeowners a respite from the 24/7 world of rental management.
A lot of the properties we manage are owned by people who are very busy and very successful. The majority of them [property managers] have gotten into it by accident, and as a result, they’re not very focused on it,” Breon said. states and four foreign countries where Vacasa manages about 4,000 vacation properties.
Now in its 23 rd year, the conference featured more than 20 technology providers and rallied together innovators from across the globe to discuss how financial institutions can better engage with business customers… and the timing couldn’t be better. According to The Wall Street Journal , the U.S. www.miradortech.com. AI Foundry. 9spokes.com.
Lynn Drysdale, Managing Attorney, Consumer Law Unit, Jacksonville Area Legal Aid, Inc., Arjan Schutte, Founder and Managing Partner, Core Innovation Capital, Los Angeles, CA. Ricardo Ledezma, Corporate Compliance Assurance Manager, San Antonio Federal Credit Union, San Antonio, TX. Jacksonville, FL. Ian Ayres, William K.
The supply is managed through a network of local dealers, and when the car has lived out its useful life, it is liquidated. It’s a big aspiration, and time will tell if Fair will play out in Peoria as well as it does in Portland. Painter said there is a massive supply of cars for Fair to tap when a consumer wants one.
The marketing blitz got underway this summer, mainly centered in the Pacific Northwest, particularly Portland. Samsung Pay saw its first European launch in Spain over the summer and even managed to beat Apple into the market. The marketing drive is now pushing out nationwide — mainly on cable.
Here’s a funding from one of our more interesting alums that slipped below the radar last month: mobile payment innovator Passport has raised $8 million in new funding. Passport specializes in providing mobile payment solutions for transportation-related businesses, including parking and transit management. ” Youakim said.
In the last years, most of the focus on innovation in financial services has been, it seems, on banking (investing and lending) and payment. In the past 20 years, arguably the investment side of the insurance business has seen the most innovation. A classic case of Innovator’s dilemma. billions.
HQ: Portland, Oregon. HQ: Portland, Oregon. Mobile investment research & management tool. Microfinance management for the institution. Source: Bank Innovations. Source: Bank Innovations. Source: Bank Innovations. Source: Bank Innovations. Source: Bank Innovations. HouseHappy.
In total, there were 13 fintech startups (or 15 by the Bank Innovations definition ), 12% of the total YC W16 class of 109. HQ: Portland, Oregon. Credit management tools. Real estate investing management platform for consumers. Source: Crunchbase. CrowdStreet. Commercial real estate crowdfunding marketplace.
Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. Importantly, Huntington has continued to focus on digital investments and its strong legacy of product management to remain a progressive regional bank. Nobody is quite sure which side this seesaw will land on.
A recent Wall Street Journal report picked out four key areas that experts think will be of particular fascination to cybercriminals: sensors and data gathering networks, energy and water supply systems, autonomous vehicle systems and waste management systems. All of which, experts agree, come pre-built with their own very serious concerns.
Thanks to innovative technology, smart cities are already a reality — and they continue to expand and become more refined. Cloud-based IoT applications can then receive, analyze, and manage that traffic data in real-time. Using GIS for smart water management. Traffic Management. Source: Ceinsys Tech . Smart Cities.
As quick-service restaurants (QSRs) look to the future, digital innovations such as self-serve kiosks and delivery are on top of mind. Management noted on the conference call with analysts following the earnings report that there was a “positive comp gap” between the company and quick-service restaurant peers of as much as 270 basis points.
Former Tesla Autopilot manager hired as CTO of self-driving tech subsidiary. In April 2017 Audi reportedly hired former Tesla Autopilot program manager Alexandre Haag as the unit’s CTO. Mobileye itself has a number of other partnerships through its Road Experience Management (REM) mapping platform, including Nissan, VW, and BMW.
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