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COVID-19 Sees More Online Grocers Accept EBT SNAP Payments For Food

PYMNTS

The latest such move came from Instacart and ALDI, which announced they would allow customers to pay for same-day delivery or pick up food orders using their EBT SNAP (Supplemental Nutrition Assistance Program) cards. In May, global payments processor and FinTech Fiserv announced it was also taking part in the USDA’s pilot program.

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Will Vroom’s Plan To Bring AI To Auto Sales Mark The Death Of Dealerships?

PYMNTS

Read More On Artificial Intelligence: Benetton Group Teams With Retail Intelligence Firm EDITED IBM: Securing Virtual Cards Starts With Digital Onboarding Walmart, Gatik Expand Self-Driving Truck Test To Louisiana; Arkansas Test Will Now Be Driverless IBM Acquires Canadian FinTech Expertus.

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Watch 10 Fintech Startups Pitch at FIS Demo Day 2020 (April 14)

Fintech Labs Insights

In the past 5 years, FIS’s accelerator has helped 57 startups find product/market fit in the difficult-to-get-started fintech world. Cirrus Secure 7-minute demo @FIS Fintech Accelerator Demo Day. Award: MVP of the FIS 2020 Fintech Accelerator. LeapXL 6-minute demo @FIS Fintech Accelerator Demo Day. Cirrus Secure.

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June’s Top 12 Mobile Pay Moments

PYMNTS

While Apple Pay also recently launched in Singapore, Samsung Pay joins the region with its signature niche: the MST tech that makes Samsung Pay usable at virtually anywhere merchant credit cards are accepted. Anyone who loaded a gift card onto the CurrentC wallet and didn’t hold onto that gift card will lose that balance after June 28.

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Best of Show Winner Alpharank Earns Spot in FIS Accelerator

Fintech Labs Insights

” And now, in addition to its Best of Show trophy, Alpharank can add earning a spot in the FIS 2017 VC Fintech Accelerator to its list of accomplishments. “We take two to three years of credit or debit card data. “We take two to three years of credit or debit card data. And we deliver that back to the FI.”

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Finovate Alumni News

Fintech Labs Insights

Around the web: FIS launches new fintech accelerator in collaboration with Arkansas-based Venture Center. Newsfactor Business Report looks at prepaid debit cards for businesses offered by Green Dot , Karmic Labs , and Bento for Business. The Asset highlights Fastacash in a review of how fintech is changing finance in Asia.

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Fintech Fundings: 26 Companies Raised $270 Million Week Ending May 6

Fintech Labs Insights

Fintech deals by size from 30 April to 6 May 2016: VTS. Prepaid debit card. Accelerator: VC Fintech Accelerator (Little Rock, Arkansas). The post Fintech Fundings: 26 Companies Raised $270 Million Week Ending May 6 appeared first on Finovate. Total dollars raised YTD is now $14.3 billion, more than twice the $6.6