Remove Innovation Remove Oregon Remove Technology
article thumbnail

Self-Checkout Hits A (Small) Speed Bump

PYMNTS

But at least a temporary blowback to the technology has begun, some of which has landed the issue in court and some of which has led Walmart and other retailers to rethink how it is used. In fact, in Oregon, the matter has gone to court. You can see expansion of self-checkout machines in stores across the country and in Oregon.”.

Oregon 204
article thumbnail

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.

Oregon 109
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Google Slapped With Antitrust Lawsuit Filed By Coalition Of 38 States

PYMNTS

“This is a historic time for both federal and state antitrust authorities, as we work to protect competition and innovation in our technology markets.” .

article thumbnail

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

PYMNTS

Fitbit, the manufacturer of activity trackers and wearable technology devices, has received federal approval for a low-cost emergency ventilator. A spokeswoman told PYMNTS production of the units is expected to begin this month and they will be available to first responders and hospitals later this year.

Oregon 131
article thumbnail

FinTechs Take On Payment Rail Status Quo

PYMNTS

Below, PYMNTS looks at some of the other payments and financial technology companies that are either innovating on top of existing rails or looking to bypass those legacy networks altogether with entirely new solutions. Sila Raises Funding to Nix ACH. The company recently announced $7.7

Fintech 209
article thumbnail

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.

Portland 150
article thumbnail

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.

Delaware 140