{ "jurisdiction_id": "US-OR", "jurisdiction": "United States – Oregon", "url": "https://payments.gi/jurisdictions/united-states-oregon/", "generator": "render_jid v13.3.0", "date_modified": "2026-08-11", "schema_version": "world-payments-v1", "counts": { "modules": 14, "sourced_findings": 59, "source_register": 155 }, "modules": [ { "code": "W1a", "name": "Licensing, Authorisation & Market Access", "confidence": "Confirmed", "moved_this_cycle": true, "url": "https://payments.gi/jurisdictions/united-states-oregon/#w1a-licensing-authorisation-market-access", "standing_position": "Oregon regulates money transmission (incl. virtual-currency businesses, prepaid instrument sale, and check cashing) under a single non-bank licensing regime -- the Oregon Money Transmitters Act (ORS Chapter 717) -- administered by the Division of Financial Regulation (DFR) within the Department of Consumer and Business Services (DCBS), with applications processed through NMLS. There is no separate EMI/PPI tier; a single money transmitter license covers all in-scope activity statewide, subject to bond, net-worth, and background-check conditions.", "findings": [ { "finding": null, "instrument_type": "statute", "source": "https://oregon.public.law/statutes/ors_717.205", "source_url": "https://www.oregonlegislature.gov/bills_laws/ors/ors717.html", "source_tier": "1", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "regulatory guidance", "source": "https://dfr.oregon.gov/business/licensing/financial/pages/money-transmitters.aspx", "source_url": "https://dfr.oregon.gov/business/licensing/financial/pages/money-transmitters.aspx", "source_tier": "1", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "statute", "source": "https://oregon.public.law/statutes/ors_717.205", "source_url": "https://dfr.oregon.gov/business/licensing/financial/pages/money-transmitters.aspx", "source_tier": "1", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "regulatory guidance", "source": "https://apps.oregon.gov/SOS/LicenseDirectory/LicenseDetail/21", "source_url": "https://dfr.oregon.gov/business/licensing/financial/pages/money-transmitters.aspx", "source_tier": "1", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "administrative rule", "source": "https://secure.sos.state.or.us/oard/displayDivisionRules.action?selectedDivision=2162", "source_url": "https://dfr.oregon.gov/business/licensing/financial/pages/money-transmitters.aspx", "source_tier": "1", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "surety requirement", "source": "https://www.bondexchange.com/oregon-money-transmitter-bond-a-comprehensive-guide/", "source_url": "https://dfr.oregon.gov/business/licensing/financial/pages/money-transmitters.aspx", "source_tier": "3", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "case example", "source": "https://moneytransmitterlaw.com/state-laws/oregon/", "source_url": "https://dfr.oregon.gov/business/licensing/financial/pages/money-transmitters.aspx", "source_tier": "3", "retrieved_at": "2026-07-05" } ] }, { "code": "W1b", "name": "Conduct, Safeguarding & Financial Promotions", "confidence": "Confirmed", "moved_this_cycle": true, "url": "https://payments.gi/jurisdictions/united-states-oregon/#w1b-conduct-safeguarding-financial-promotions", "standing_position": "Oregon's safeguarding mechanism for money transmitters is a security device (surety bond or equivalent) rather than a segregation/trust regime, backstopped by DFR examination authority and licence-revocation powers. Conduct and marketing practices generically fall under the state's broad Unlawful Trade Practices Act (UTPA) rather than a payments-specific promotions regime; the Attorney General is the primary UTPA enforcer.", "findings": [ { "finding": null, "instrument_type": "statute", "source": "https://www.oregonlegislature.gov/bills_laws/ors/ors717.html", "source_url": "https://www.oregonlegislature.gov/bills_laws/ors/ors717.html", "source_tier": "1", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "statute", "source": "https://legalclarity.org/oregon-unlawful-trade-practices-act-violations-and-remedies/", "source_url": "https://www.doj.state.or.us/consumer-protection/about-us/", "source_tier": "3", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "administrative rule", "source": "https://secure.sos.state.or.us/oard/view.action?ruleNumber=441-745-0340", "source_url": "https://www.doj.state.or.us/consumer-protection/about-us/", "source_tier": "1", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "statute", "source": "https://www.oregonlegislature.gov/bills_laws/ors/ors717.html", "source_url": "https://www.doj.state.or.us/consumer-protection/about-us/", "source_tier": "1", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "enforcement guidance", "source": "https://www.doj.state.or.us/consumer-protection/about-us/", "source_url": "https://www.doj.state.or.us/consumer-protection/about-us/", "source_tier": "1", "retrieved_at": "2026-07-05" } ] }, { "code": "W2", "name": "Stablecoins & Digital Money", "confidence": "High", "moved_this_cycle": true, "url": "https://payments.gi/jurisdictions/united-states-oregon/#w2-stablecoins-digital-money", "standing_position": "Oregon has no dedicated stablecoin or digital-asset issuer licensing statute; virtual currency is instead swept into the general Money Transmitters Act definition of 'money.' A narrow 2019 statute (HB 2488) restricts the state government's own acceptance of cryptocurrency and bars crypto political contributions. DFR issues consumer-protection guidance on crypto volatility and lack of FDIC insurance rather than prudential stablecoin rules.", "findings": [ { "finding": null, "instrument_type": "statute", "source": "https://stevenscenter.wharton.upenn.edu/publications-50-state-review/", "source_url": "https://dfr.oregon.gov/help/Documents/5342-cryptocurrency.pdf", "source_tier": "2", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "statute", "source": "https://stevenscenter.wharton.upenn.edu/publications-50-state-review/", "source_url": "https://stevenscenter.wharton.upenn.edu/publications-50-state-review/", "source_tier": "2", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "consumer guidance", "source": "https://dfr.oregon.gov/help/Documents/5342-cryptocurrency.pdf", "source_url": "https://stevenscenter.wharton.upenn.edu/publications-50-state-review/", "source_tier": "1", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "case example", "source": "https://moneytransmitterlaw.com/cryptocurrency-state-laws/oregon/", "source_url": "https://stevenscenter.wharton.upenn.edu/publications-50-state-review/", "source_tier": "3", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "enforcement action", "source": "https://www.doj.state.or.us/wp-content/uploads/2025/05/Oregon-v.-Coinbase-Complaint.pdf", "source_url": "https://stevenscenter.wharton.upenn.edu/publications-50-state-review/", "source_tier": "1", "retrieved_at": "2026-07-05" } ] }, { "code": "W3", "name": "Operational Resilience & Critical Infrastructure", "confidence": "Confirmed", "moved_this_cycle": true, "url": "https://payments.gi/jurisdictions/united-states-oregon/#w3-operational-resilience-critical-infrastructure", "standing_position": "Operational-resilience obligations touching Oregon-chartered and nationally chartered banks operating in the state derive almost entirely from the federal layer: the OCC/Fed/FDIC computer-security incident notification rule (12 CFR 53) and FFIEC/NIST examination expectations. State-level resilience obligations for non-bank payments firms run through the Oregon Consumer Information Protection Act's (OCIPA) breach-notification and reasonable-safeguards duties, enforced by DOJ/DFR as an unlawful trade practice.", "findings": [ { "finding": null, "instrument_type": "federal rule", "source": "https://www.occ.gov/news-issuances/bulletins/2021/bulletin-2021-55.html", "source_url": "https://www.occ.gov/news-issuances/bulletins/2021/bulletin-2021-55.html", "source_tier": "1", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "federal rule", "source": "https://www.federalreserve.gov/supervisionreg/cybersecurity-and-operational-resilience.htm", "source_url": "https://justice.oregon.gov/consumer/databreach/", "source_tier": "1", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "statute", "source": "https://www.doj.state.or.us/consumer-protection/id-theft-data-breaches/data-breaches/", "source_url": "https://justice.oregon.gov/consumer/databreach/", "source_tier": "1", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "statute", "source": "https://www.recordinglaw.com/us-laws/data-privacy-laws/oregon-data-privacy-laws/data-breach-notification/", "source_url": "https://justice.oregon.gov/consumer/databreach/", "source_tier": "3", "retrieved_at": "2026-07-05" } ] }, { "code": "W4", "name": "Scheme & Network Compliance", "confidence": "High", "moved_this_cycle": true, "url": "https://payments.gi/jurisdictions/united-states-oregon/#w4-scheme-network-compliance", "standing_position": "Oregon has no state-specific interchange-fee statute or credit-card surcharge ban; merchants may surcharge credit-card transactions subject only to federal limits (4% cap, cost-recovery-only) and card-network rules, while debit surcharging remains barred nationwide by the Durbin Amendment. Government agencies have explicit statutory authority to surcharge card payments; PCI DSS applies to any Oregon merchant handling card data as a network/contractual requirement rather than a state law.", "findings": [ { "finding": null, "instrument_type": "market practice", "source": "https://merchantcostconsulting.com/lower-credit-card-processing-fees/oregon-surcharge-laws/", "source_url": "https://ebizcharge.com/blog/credit-card-surcharging-a-state-by-state-legal-analysis/", "source_tier": "3", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "statute", "source": "https://oregon.public.law/statutes/ors_825.502", "source_url": "https://oregon.public.law/statutes/ors_825.502", "source_tier": "1", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "statute", "source": "https://oregon.public.law/statutes/ors_802.112", "source_url": "https://oregon.public.law/statutes/ors_825.502", "source_tier": "1", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "federal rule", "source": "https://ebizcharge.com/blog/credit-card-surcharging-a-state-by-state-legal-analysis/", "source_url": "https://oregon.public.law/statutes/ors_825.502", "source_tier": "3", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "network standard", "source": "https://pivitstrategy.com/oregon-cybersecurity-laws-you-should-know-2026/", "source_url": "https://oregon.public.law/statutes/ors_825.502", "source_tier": "3", "retrieved_at": "2026-07-05" } ] }, { "code": "W5", "name": "Payment Corridor Dynamics", "confidence": "Assessed", "moved_this_cycle": true, "url": "https://payments.gi/jurisdictions/united-states-oregon/#w5-payment-corridor-dynamics", "standing_position": "Oregon sits within the broader US-Latin America remittance corridor (dominated nationally by Western Union, MoneyGram, Remitly, and Intermex under the state's MTL framework) and is an early-adopter market for the Federal Reserve's FedNow instant-payments rail, with Oregon-headquartered digital-banking vendor Tyfone supporting credit-union FedNow rollouts and at least two Oregon-chartered institutions live on the network.", "findings": [ { "finding": null, "instrument_type": "market data", "source": "https://thedialogue.org/blogs/2025/04/the-state-of-the-remittance-industry-and-an-outlook-for-2025", "source_url": "https://thedialogue.org/blogs/2025/04/the-state-of-the-remittance-industry-and-an-outlook-for-2025", "source_tier": "3", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "market development", "source": "https://www.bankingdive.com/news/fednow-instant-payments-real-time-banks-credit-unions-transactions/688516/", "source_url": "https://www.bankingdive.com/news/fednow-instant-payments-real-time-banks-credit-unions-transactions/688516/", "source_tier": "3", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "market data", "source": "https://www.nerdwallet.com/banking/learn/banks-that-use-fednow", "source_url": "https://www.bankingdive.com/news/fednow-instant-payments-real-time-banks-credit-unions-transactions/688516/", "source_tier": "3", "retrieved_at": "2026-07-05" } ] }, { "code": "W6", "name": "Industry Structure & Commercial Dynamics", "confidence": "High", "moved_this_cycle": true, "url": "https://payments.gi/jurisdictions/united-states-oregon/#w6-industry-structure-commercial-dynamics", "standing_position": "Oregon's payments-adjacent banking sector is consolidating around Lake Oswego-headquartered Umpqua Bank (a subsidiary of Columbia Banking System), which is absorbing Pacific Premier Bank in a ~$70 billion-asset combination and rebranding as Columbia Bank; a fintech/vendor layer (Tyfone digital banking, Nvoicepay B2B payments, Sila banking-as-a-service) supplements a modest but growing venture-backed fintech ecosystem.", "findings": [ { "finding": null, "instrument_type": "M&A disclosure", "source": "https://www.sec.gov/Archives/edgar/data/0001028918/000110465925038087/tm2512834d3_ex99-1.htm", "source_url": "https://www.columbiabank.com/blog/columbia-banking-system-completes-acquisition-of-pacific-premier-bancorp-and-unifies-columbia-brand/", "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "M&A disclosure", "source": "https://www.sec.gov/Archives/edgar/data/0001028918/000110465925040437/tm2512834d10_425.htm", "source_url": "https://freestartupfunding.com/who-funds/fintech/in/oregon", "source_tier": "1", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "M&A disclosure", "source": "https://www.sec.gov/Archives/edgar/data/0001028918/000110465925038168/tm2512834d4_425.htm", "source_url": "https://freestartupfunding.com/who-funds/fintech/in/oregon", "source_tier": "1", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "market data", "source": "https://freestartupfunding.com/who-funds/fintech/in/oregon", "source_url": "https://freestartupfunding.com/who-funds/fintech/in/oregon", "source_tier": "4", "retrieved_at": "2026-07-05" } ] }, { "code": "W7", "name": "Legal & Litigation", "confidence": "Confirmed", "moved_this_cycle": true, "url": "https://payments.gi/jurisdictions/united-states-oregon/#w7-legal-litigation", "standing_position": "The dominant live payments/digital-asset litigation in Oregon is Attorney General Dan Rayfield's April 2025 securities-law enforcement action against Coinbase, filed after the SEC dropped its parallel federal case, alleging Coinbase facilitated sale of unregistered crypto securities to Oregonians; Coinbase has counter-sued the Governor over public-records access and sought federal removal, and the matter remains contested. Historically, FinCEN has also pursued Oregon-based unlicensed money-transmission enforcement under the BSA.", "findings": [ { "finding": null, "instrument_type": "enforcement action", "source": "https://www.doj.state.or.us/media-home/news-media-releases/oregon-attorney-general-rayfield-sues-coinbase-for-promoting-and-selling-high-risk-investments/", "source_url": "https://www.doj.state.or.us/media-home/news-media-releases/oregon-attorney-general-rayfield-sues-coinbase-for-promoting-and-selling-high-risk-investments/", "source_tier": "1", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "litigation development", "source": "https://www.coindesk.com/policy/2025/06/03/coinbase-moves-to-bring-oregon-securities-suit-to-federal-jurisdiction", "source_url": "https://www.fincen.gov/news/news-releases/fincen-assesses-civil-money-penalty-against-oregon-based-unregistered-money", "source_tier": "3", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "litigation development", "source": "https://oregoncapitalchronicle.com/2025/07/15/ag-rayfield-let-campaign-donors-lead-oregons-crypto-case-the-company-hes-suing-wants-answers/", "source_url": "https://www.fincen.gov/news/news-releases/fincen-assesses-civil-money-penalty-against-oregon-based-unregistered-money", "source_tier": "3", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "enforcement action", "source": "https://www.fincen.gov/news/news-releases/fincen-assesses-civil-money-penalty-against-oregon-based-unregistered-money", "source_url": "https://www.fincen.gov/news/news-releases/fincen-assesses-civil-money-penalty-against-oregon-based-unregistered-money", "source_tier": "1", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "litigation summary", "source": "https://www.cohenmilstein.com/case-study/coinbase-securities-litigation/", "source_url": "https://www.fincen.gov/news/news-releases/fincen-assesses-civil-money-penalty-against-oregon-based-unregistered-money", "source_tier": "3", "retrieved_at": "2026-07-05" } ] }, { "code": "W8", "name": "Merchant Acquiring & Risk", "confidence": "Assessed", "moved_this_cycle": true, "url": "https://payments.gi/jurisdictions/united-states-oregon/#w8-merchant-acquiring-risk", "standing_position": "Oregon merchant acquiring follows the general federal/card-network framework (no state-specific acquiring statute), but the state's legal cannabis retail sector is treated as a high-risk merchant category nationally: major card networks bar cannabis transactions outright, forcing Oregon dispensaries toward cash-only operation or specialized high-risk ISO/processor and cashless-ATM workarounds, with attendant chargeback, rolling-reserve, and account-freeze exposure.", "findings": [ { "finding": null, "instrument_type": "market practice", "source": "https://paybotic.com/markets/oregon/", "source_url": "https://bankcardinternationalgroup.com/the-truth-about-cannabis-payment-processing-what-dispensary-owners-need-to-know/", "source_tier": "4", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "network rule", "source": "https://bankcardinternationalgroup.com/the-truth-about-cannabis-payment-processing-what-dispensary-owners-need-to-know/", "source_url": "https://bankcardinternationalgroup.com/the-truth-about-cannabis-payment-processing-what-dispensary-owners-need-to-know/", "source_tier": "4", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "market practice", "source": "https://www.thetransactiongroup.net/portland-or-marijuana-dispensary-credit-card-processing/", "source_url": "https://bankcardinternationalgroup.com/the-truth-about-cannabis-payment-processing-what-dispensary-owners-need-to-know/", "source_tier": "4", "retrieved_at": "2026-07-05" } ] }, { "code": "W9", "name": "Product Innovation & Market Development", "confidence": "High", "moved_this_cycle": true, "url": "https://payments.gi/jurisdictions/united-states-oregon/#w9-product-innovation-market-development", "standing_position": "Product innovation touching Oregon centers on FedNow instant-payments adoption by Oregon-headquartered digital-banking vendor Tyfone and early-adopting Oregon credit unions/community banks, alongside a modest B2B/embedded-finance vendor cluster (Nvoicepay accounts-payable automation, Sila banking-as-a-service) and a growing but still-nascent VC-backed fintech pipeline.", "findings": [ { "finding": null, "instrument_type": "product/rail", "source": "https://www.federalreserve.gov/paymentsystems/fednow_faq.htm", "source_url": "https://www.federalreserve.gov/paymentsystems/fednow_faq.htm", "source_tier": "1", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "product/rail", "source": "https://www.nerdwallet.com/banking/learn/banks-that-use-fednow", "source_url": "https://builtin.com/companies/location/na/usa/or/type/fintech-startups", "source_tier": "3", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "product company", "source": "https://www.failory.com/startups/oregon", "source_url": "https://builtin.com/companies/location/na/usa/or/type/fintech-startups", "source_tier": "4", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "product company", "source": "https://builtin.com/companies/location/na/usa/or/type/fintech-startups", "source_url": "https://builtin.com/companies/location/na/usa/or/type/fintech-startups", "source_tier": "4", "retrieved_at": "2026-07-05" } ] }, { "code": "W10", "name": "Consumer Protection & APP Fraud", "confidence": "Confirmed", "moved_this_cycle": true, "url": "https://payments.gi/jurisdictions/united-states-oregon/#w10-consumer-protection-app-fraud", "standing_position": "Consumer protection in Oregon payments runs through the general Unlawful Trade Practices Act (deceptive/unfair practices, AG enforcement) rather than a payments-specific APP-fraud reimbursement regime; OCIPA layers on breach-notification and data-safeguard duties, and DFR/DOJ jointly run consumer-facing fraud-prevention and complaint channels, including specific guidance warning consumers about cryptocurrency risk.", "findings": [ { "finding": null, "instrument_type": "statute", "source": "https://legalclarity.org/oregon-unlawful-trade-practices-act-violations-and-remedies/", "source_url": "https://legalclarity.org/oregon-unlawful-trade-practices-act-violations-and-remedies/", "source_tier": "3", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "statute", "source": "https://legalclarity.org/oregon-unlawful-trade-practices-act-violations-and-remedies/", "source_url": "https://dfr.oregon.gov/help/Documents/5342-cryptocurrency.pdf", "source_tier": "3", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "statute", "source": "https://justice.oregon.gov/consumer/databreach/", "source_url": "https://dfr.oregon.gov/help/Documents/5342-cryptocurrency.pdf", "source_tier": "1", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "consumer guidance", "source": "https://dfr.oregon.gov/financial/protect/pages/index.aspx", "source_url": "https://dfr.oregon.gov/help/Documents/5342-cryptocurrency.pdf", "source_tier": "1", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "consumer guidance", "source": "https://dfr.oregon.gov/help/Documents/5342-cryptocurrency.pdf", "source_url": "https://dfr.oregon.gov/help/Documents/5342-cryptocurrency.pdf", "source_tier": "1", "retrieved_at": "2026-07-05" } ] }, { "code": "W11", "name": "AML/CFT & Financial Crime", "confidence": "Confirmed", "moved_this_cycle": true, "url": "https://payments.gi/jurisdictions/united-states-oregon/#w11-aml-cft-financial-crime", "standing_position": "[Sentinel.gi-fed] Oregon's AML/CFT posture for payments is federally anchored: all Oregon-licensed money transmitters must maintain a BSA/USA PATRIOT Act Section 352 AML compliance program as a condition of DFR licensing, and FinCEN retains direct federal enforcement jurisdiction over unregistered/non-compliant money-transmission activity touching Oregon, illustrated by a historical Oregon-based civil-penalty case. No state-level AML statute duplicates the federal BSA framework.", "findings": [ { "finding": null, "instrument_type": "regulatory guidance", "source": "https://dfr.oregon.gov/business/licensing/financial/pages/money-transmitters.aspx", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "enforcement action", "source": "https://www.fincen.gov/news/news-releases/fincen-assesses-civil-money-penalty-against-oregon-based-unregistered-money", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "statute", "source": "https://www.oregonlegislature.gov/bills_laws/ors/ors706.html", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "enforcement trend", "source": "https://www.finscan.com/post/regulatory-roundup-january-2026-debanking-enforcement-and-the-expanding-compliance-perimeter", "source_url": null, "source_tier": "3", "retrieved_at": null } ] }, { "code": "W12", "name": "Correspondent Banking, Settlement & Access", "confidence": "Assessed", "moved_this_cycle": true, "url": "https://payments.gi/jurisdictions/united-states-oregon/#w12-correspondent-banking-settlement-access", "standing_position": "Oregon community banks and credit unions access instant and correspondent settlement primarily through Federal Reserve infrastructure (FedLine, FedNow) rather than through any Oregon-specific settlement scheme; smaller Oregon institutions often reach FedNow via correspondent/settlement-agent intermediaries (e.g., Vizo Financial-type providers) rather than connecting directly, and DFR's cooperative-agreement authority with FinCEN and other bank supervisors underpins cross-agency settlement/AML oversight coordination.", "findings": [ { "finding": null, "instrument_type": "settlement infrastructure", "source": "https://www.frbservices.org/financial-services/fednow/organizations", "source_url": "https://vfccu.org/solutions_mobile/instant-payments.html", "source_tier": "1", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "settlement infrastructure", "source": "https://vfccu.org/solutions_mobile/instant-payments.html", "source_url": "https://www.oregonlegislature.gov/bills_laws/ors/ors706.html", "source_tier": "3", "retrieved_at": "2026-07-05" }, { "finding": null, "instrument_type": "statute", "source": "https://www.oregonlegislature.gov/bills_laws/ors/ors706.html", "source_url": "https://www.oregonlegislature.gov/bills_laws/ors/ors706.html", "source_tier": "1", "retrieved_at": "2026-07-05" } ] }, { "code": "W13", "name": "Commercial Intelligence & Fintech", "confidence": "Assessed", "moved_this_cycle": true, "url": "https://payments.gi/jurisdictions/united-states-oregon/#w13-commercial-intelligence-fintech", "standing_position": "The standout Oregon-linked commercial event of the trailing period is the Columbia Banking System / Pacific Premier Bancorp all-stock merger (announced April 2025, ~$70bn combined assets, Umpqua-to-Columbia Bank rebrand), while venture funding into Oregon's broader fintech ecosystem is reported to have grown sharply in the most recent reporting period.", "findings": [ { "finding": null, "instrument_type": "M&A", "source": "https://www.sec.gov/Archives/edgar/data/0001028918/000110465925038087/tm2512834d3_ex99-1.htm", "source_url": "https://www.columbiabank.com/blog/columbia-banking-system-completes-acquisition-of-pacific-premier-bancorp-and-unifies-columbia-brand/", "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "investment aggregate", "source": "https://freestartupfunding.com/who-funds/fintech/in/oregon", "source_url": "https://freestartupfunding.com/who-funds/fintech/in/oregon", "source_tier": "4", "retrieved_at": "2026-07-05" } ] } ] }