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

Bank Innovation

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.

Portland 170
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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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New Report: How Behavioral Analytics Help FIs Block Fraud At The ITM

PYMNTS

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

Analytics 266
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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. He recalled a wearables firm that had been through the Portland State accelerator program two years ago, called ATBM.

Portland 100
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Verizon Buys Drone Operator

PYMNTS

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.