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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 acting like a bank instead of a technology company. “We “We have been acting like a bank instead of a technology company. And that changes today.”

Oregon 109
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Retailers Look To Digital Technologies After Beating The Street

PYMNTS

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. However, the online order and delivery service’s sales and active daily orders came up short of estimates. The Road Ahead.

Retail 101
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Data Dive, Summer Heat Edition: Venmo Speeds Up, Amex Branches Out And Walmart Takes A Pass

PYMNTS

Arizona temps grounded flights last week when they got about 120, and even the Pacific Northwest saw temperatures get up over the 100 mark in Portland. After Amazon managed to turn the retail ecosystem’s collective head with its announcement that it would be acquiring the nation’s sixth-largest grocery chain, Whole Foods Market.

Arizona 116
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Uber Of X: Paintzen, On-Demand Home Painting

PYMNTS

Chicago, Dallas, Portland, Los Angeles and San Francisco — and growing to more. You go online and give us really simple information about your home. Our core technology is our pricing engine. Based in New York, the business is now in seven other cities — Boston, Washington, D.C., How does Paintzen work in terms of the interface?

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SourceMedia’s Small Business Banking Conference Show – No Shortage of Innovation

William Mills

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. Baker Hill. www.bakerhill.com. www.miradortech.com. AI Foundry. www.aifoundry.com.

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Fintech Fundings: 25 Companies Raise $1.6 Billion Week Ending Aug 20

Fintech Labs Insights

billion) went to three online lenders (Sofi = $1 billion, Avant = $340 million, Dianrong = $220 million). Guideline Technologies. HQ: Portland, Oregon. HQ: Portland, Oregon. Mobile investment research & management tool. Microfinance management for the institution. Agio Technologies. HouseHappy.

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Disrupting Insurance: The Other Financial Services Opportunity

Tefkin

Some insurance companies have responded by branding their direct offer differently and playing with their pricing strategy to ensure their agents will not too negatively affected but in my view, this strategy will not last long as from a customer behaviour perspective, more business will shift online over the next years.