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

PYMNTS

As car buyers and sellers across the country increasingly turn to eCommerce solutions, CarStory will strengthen and extend the reach of our digital retailing platform, and together we will accelerate the transformation of the massive used auto industry,” Vroom CEO Paul Hennessy said in announcing the $120 million cash-and-stock deal.

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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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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.”