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Food Stamps Online: The $75B Grocery Game-Changer?

PYMNTS

Those who are unbanked pay to cash their checks, to get money orders to pay their bills and to buy and use prepaid cards. The situation creates something of a catch-22 for those in the lowest tax bracket — can’t stop being poor with saving, can’t save money until one stops being poor. SNAP online .

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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. Instant payments are lauded for their convenience, ease and most importantly, for their speed.

Idaho 130
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Kicking The Paper Check From Its Public Payment Perch

PYMNTS

In Oregon, Mastercard is working with a department of revenue officials to improve their direct deposit architecture, while in Idaho the desired improvement is a wider project that would tie tax, healthcare and other types of public disbursements into an online platform. “We

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The Dawn Of A Cashless Global Economy?

PYMNTS

There are issues of transaction security, criminal elements, tax evasion, free flow of capital, access to goods and services and the ability to fully participate in the global economy. adults still prefer to use cash for purchases under $5, while 22 percent use debit cards and 11 percent use credit cards.

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Fintech Fundings: 12 Companies Raise $240 million Week Ending June 25

Fintech Labs Insights

HQ: Portland, Oregon. Canopy Tax (formerly Beanstalk). Tax & accounting practice management. Payments gateway for online marketplaces. Online investment manager. Tags: Tax, advisor platform, marketing, client services, accounting, SMB. Latest round: $12 million. Total raised: $15.2 Total raised: $21.5

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

Fintech Labs Insights

HQ: Portland, Oregon. Tax preparation technology. Tags: Consumers, tax prep, personal financial management. Latest round: $3.5 million Series A. Total raised: $4.85 Source: Crunchbase. Compliance tools for digital interactions. Latest round: $2.5 Total raised: $2.5 HQ: Zurich, Switzerland. Mobile payments & transactions.

Company 12
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Can Legal Pot Thrive With Closed-Loop Payments?

PYMNTS

The aim is to create “an online system where digital currency could be sent and received.” According to the report, State Treasurer Zach Conine “likened the system to gift cards or digital wallet apps, such as Venmo , and said the program would not include broader banking services like loans.”. Oregon stands as another example.

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