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Oregon-Based Simple Bank Laying Off Nearly 10 Percent Of Workforce

PYMNTS

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.

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Self-Checkout Hits A (Small) Speed Bump

PYMNTS

In fact, in Oregon, the matter has gone to court. The lobby group Oregon Business Industry (OBI) as well as the local AFL-CIO petitioned the Oregon Supreme Court late last month to limit each grocery store to two self-checkout kiosks. You can see expansion of self-checkout machines in stores across the country and in Oregon.”.

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Fitbit Introduces $5K Emergency Ventilator To Address Urgent Pandemic Needs

PYMNTS

COVID-19 has challenged all of us to push the boundaries of innovation and creativity, and use everything at our disposal to more rapidly develop products that support patients and the health care systems caring for them,” Fitbit Co-Founder and CEO James Park said in a statement.

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Amazon To Shut Down Free Sample Program

PYMNTS

Amazon is constantly testing and launching new offerings to innovate on behalf of customers,” an Amazon spokesperson said. “At Ron Wyden of Oregon, Chris Van Hollen of Maryland, Ed Markey of Massachusetts, Chris Coons of Delaware and Gary Peters of Michigan sent a letter Wednesday (Nov.

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Amazon Discontinues Free Sample Program

PYMNTS

Amazon is constantly testing and launching new offerings to innovate on behalf of customers,” an Amazon spokesperson said. “At Ron Wyden of Oregon, Chris Van Hollen of Maryland, Ed Markey of Massachusetts, Chris Coons of Delaware and Gary Peters of Michigan sent a letter Wednesday (Nov.

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Fabletics Announces Brick-and-Mortar Expansion

PYMNTS

The first opening will take place in Frisco, Texas next March, followed by Indianapolis, Indiana; Lexington, Kentucky; Schaumburg, Illinois; Boulder, Colorado; and Portland, Oregon in the second quarter of 2017. Less is more,” Dustin Netral, SVP of operations for Fabletics, said in a press release.

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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.

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