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

PYMNTS

The digital selling transformation is happening at a time when the vehicles themselves are getting more and more technologically advanced. Harnessing the latest technology not only makes cars safer, but can also improve dealership efficiency, customer satisfaction and sales, research by Wards Automotive found.

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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. “New advancements in technology have the potential to transform the payments landscape,” said Mark Ryan from FICO.

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Best of Show Winner Alpharank Earns Spot in FIS Accelerator

Fintech Labs Insights

Alpharank CEO Brian Ley had just shown how his Customer Influence Mapping technology enables FIs to spot highly-networked “influencers” among their customer base, and how to leverage those influencers to build better engagement and a more customized UX. “We take two to three years of credit or debit card data.

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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

Two Finovate alums scored big rounds: Zooz raised $24 million for its payment technology. Fintech deals by size from 30 April to 6 May 2016: VTS. Payments technology. Prepaid debit card. Accelerator: VC Fintech Accelerator (Little Rock, Arkansas). Total dollars raised YTD is now $14.3 Total raised: $40.5