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Grocery Roundup: Walmart, Tesco Meet The New Digital Consumers

PYMNTS

Delivery done right meets a consumer’s needs including around delivery time — with Walmart’s partnership with HomeValet described by Ward as “one of many solutions we’re testing” to make people’s lives “more manageable.”. The pilot program will launch in the spring in Bentonville, Arkansas.

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Deep Dive: Paper Checks: The Bane Of Student Disbursements?

PYMNTS

Most students are from generations that are unlikely to use checks to manage their finances as well, and many pay their tuition or other academic expenses through ACH or debit cards — but only after they receive paper check disbursements from their colleges. Just 5 percent of millennial students paid their tuition with checks.

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Watch 9 Fintech Startups Pitch at Techstars & Western Union Demo Day (Oct 2020)

Fintech Labs Insights

Target customers: Millennials. Description: Digital banking and spend management platform for global NGOs. HQ: Little Rock, Arkansas. Description: Digital wealth manager connecting Africans to U.S. Description: Helps businesses pay, manage and support their gig-economy workers. Line’s 3-minute pitch @Techstars.

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Digital Banking Challenger AidBanc Tackles the Money Management Headaches of Global Non-Profits (Fintech Startup of the Week)

Fintech Labs Insights

A startup from Little Rock, Arkansas, founded by West African immigrants, tackling a huge and important problem, managing the global banking & money transfers for NGOs. Company vitals: Description: Full-service banking and spend management platform for global NGOs. HQ: Little Rock, Arkansas. Funding: $120k.

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Acquire or Be Acquired 2018: Breaks, Bulls and Business Models

Gonzobanker

Allison bragged that Home BancShares has created more millionaires than any company in Arkansas [Note: we may need to fact check that with Walmart shareholders]. As Kirk Wycoff, Managing Partner from Patriot Financial Partners pointed out: 50% of a mid-size commercial bank’s deposits are retail. 3: Business Model.

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