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Why State And Local Governments Struggle To Shred The Paper Check

PYMNTS

Fifty-one percent of United States consumers stated in the most recent PYMNTS Disbursements Satisfaction Report that they would prefer to receive tax refunds, child support payments and other government payments through instant payout methods. The state of Illinois is still considering digital disbursements, though innovation remains slow.

Idaho 130
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Fintech Fundings: 26 Companies Raised $530 Million Third Week of July

Fintech Labs Insights

HQ: Chicago, Illinois. Tax filing portal. HQ: Chicago, Illinois. HQ: Chicago, Illinois. Tags: Consumer, payments, debit card, billpay, funds transfer, mobile, personal financial management, PFM. Source: Crunchbase. West Creek Financial. Consumer piont of purchase financing. Latest round: $25 million Debt.

Fintech 12
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Fintech Fundings: 22 Companies Raise $300 Million Plus 2 IPOs Raise $5.9 Billion

Fintech Labs Insights

Secure messaging for financial services. Gift cards backed with public company equity. Fingerprint-authenticated payment card. Card rewards management. HQ: Lombard, Illinois. Tags: Enterprise, IDology (investor), security, risk management, payments, Finovate alum. Source: Finovate. Source: Re/Code.

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Fintech Fundings: 36 Companies Raise $480 Million Week Ending March 18

Fintech Labs Insights

HQ: Chicago, Illinois. Tax preparation technology. Tax preparation technology. Tags: Consumers, tax prep, personal financial management. Personal loans repaid by share of income. Latest round: $31 million ($6 mil Equity, $25 mil Debt). Total raised: $31.85 million including $25 million debt. Source: Pymnts. Tradesocio.

Company 12
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17 Of The Biggest Startup Frauds Of All Time

CB Insights

WrkRiot’s short-lived house of cards falls down. After a comprehensive investigation by the Securities and Exchange Commission, Holmes was banned from the laboratory testing industry for two years and was ultimately charged with wire fraud by the Department of Justice in summer 2018. Bouxtie’s broken promises. The Outcome.

Fraud 78
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State Farm Insurance Review: Optional Coverages & Discounts

MyBankTracker

The Illinois-based insurer is consistently rated A++ by A.M. Get access to ID cards. Upload photos and documents securely. Home security: fire, smoke, or burglar alarms or any other home monitoring system. The company processes almost 36,000 claims per day and has a nationwide network of nearly 19,000 agents.

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Fintech Fundings: 30 Companies Raised $330 Million First Week of August

Fintech Labs Insights

HQ: Evanston, Illinois. Self-employment tax payments. Tags: SMB, payments, merchants, credit/debit cards, acquiring, POS. Source: Crunchbase. Online payment service. Latest round: $15 million Series B. Total raised: $15 million. Source: Crunchbase. Mobile insurance broker. Latest round: $14.75 million Series A. VaultInvesting.