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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. Cirrus Secure. Description: Secure document portal for lenders. Award: MVP of the FIS 2020 Fintech Accelerator.

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June’s Top 12 Mobile Pay Moments

PYMNTS

On June 9, JPMorgan Chase recently announced that it secured a multi-year deal with Shell to accept Chase Pay at all of its gas stations. Now, as part of its new deal with Shell, it appears Chase is on its way to securing more support for its mobile wallet service that’s likely to be launched into market soon. million users in 2016.

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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