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Food Stamps Online: The $75B Grocery Game-Changer?

PYMNTS

Low-income consumers are far more likely to find it difficult to secure mainstream credit sources and are thus much more likely to make use of high-cost alternative credit sources when financial emergencies hit, often in the form of a payday, title, tax refund anticipation or installment loan. SNAP online . It doesn’t stop there.

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Why State And Local Governments Struggle To Shred The Paper Check

PYMNTS

Fifty-one percent of United States consumers stated in the most recent PYMNTS Disbursements Satisfaction Report that they would prefer to receive tax refunds, child support payments and other government payments through instant payout methods. Instant payments are lauded for their convenience, ease and most importantly, for their speed.

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Kicking The Paper Check From Its Public Payment Perch

PYMNTS

In Oregon, Mastercard is working with a department of revenue officials to improve their direct deposit architecture, while in Idaho the desired improvement is a wider project that would tie tax, healthcare and other types of public disbursements into an online platform. “We

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The Dawn Of A Cashless Global Economy?

PYMNTS

There are issues of transaction security, criminal elements, tax evasion, free flow of capital, access to goods and services and the ability to fully participate in the global economy. Now legal in 23 states, with recreational use also legal in Alaska, Colorado, Oregon and Washington, marijuana is very much still a cash-based business.

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

William Mills

Between massive tax revisions and the end of net neutrality, small businesses are expected to struggle in the coming year, creating an opportunity for financial institutions to step in and provide real value. In fact, 97 percent of online applications are abandoned by the customer, according to Forrester. Baker Hill. www.bakerhill.com.

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Fintech Fundings: 12 Companies Raise $240 million Week Ending June 25

Fintech Labs Insights

HQ: Portland, Oregon. Canopy Tax (formerly Beanstalk). Tax & accounting practice management. Payments gateway for online marketplaces. Online investment manager. Tags: Tax, advisor platform, marketing, client services, accounting, SMB. Latest round: $18 million. Total raised: $35 million. PromisePay.

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Fintech Fundings: 36 Companies Raise $480 Million Week Ending March 18

Fintech Labs Insights

HQ: Portland, Oregon. Tax preparation technology. Tags: Consumers, tax prep, personal financial management. Latest round: $3.5 million Series A. Total raised: $4.85 Source: Crunchbase. Compliance tools for digital interactions. Latest round: $2.5 Total raised: $2.5 HQ: Zurich, Switzerland. Source: FT Partners. Investing tools.

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