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

PYMNTS

Online grocers are increasingly allowing underprivileged consumers to use EBT payments (the modern equivalent of food stamps) at a time when the pandemic has made going to the store too risky for many shoppers. The move by the two companies is just the latest initiative in a growing trend of EBT acceptance for online grocery shoppers.

Online 195
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Will Vroom’s Plan To Bring AI To Auto Sales Mark The Death Of Dealerships?

PYMNTS

“Buy a car entirely online, and have it safely delivered, contact-free.” So goes the pitch at online car-buying platform Vroom , which is turning to artificial intelligence (AI) and machine learning (ML) to further accelerate the transformation of the used car business. Marketing Cars Online.

Louisiana 242
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Why Voice Authentication’s Doing Prison Time

PYMNTS

What eventually becomes cutting-edge in retail and payments often originates in places that are dedicated to security, not commerce. Authorities and prison technology companies say this mass biometric surveillance supports prison security and fraud prevention efforts.”. New technology often starts out at the U.S. Voice-Print Efforts.

Fraud 161
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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. ” RIP CurrentC.

Mobile 104
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Retail Pulse: Walmart Tests ‘Great Workplace,’ Sainsbury’s Opens Cashierless Store

PYMNTS

The move comes the company is investing in refurbishing stores, rolling out faster shipping for eCommerce orders and offering store pickup as well as online grocery delivery. The paper also reported that the impetus of the move wasn’t cost savings, but meeting changing online shopping habits as well as staff demands.

Retail 100
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The Amazon Walmart Whole Paycheck Tracker: Powering Up In-Store Pickup

PYMNTS

Amazon’s ongoing war with counterfeiters carries on … Securing the Shop: Amazon Takes Counterfeiters To Court . The lawsuit represents Amazon’s latest effort to take on the rampant counterfeit trade taking place in its online marketplace. Big Play of the Week: SNAP Comes To All Online Grocery Pickup.

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

Fintech Labs Insights

Online bookkeeping service. Prepaid debit card. Accelerator: VC Fintech Accelerator (Little Rock, Arkansas). Tags: SMB, merchants, payments, point-of-sale, mobile, credit/debit card aquiring mobile, APIs, developers. HQ: San Francisco, California. Source: Crunchbase , WSJ. Payments technology. Latest round: $24 million.