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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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Here’s How The Opioid Crisis Is Losing Retailers $9B A Year

PYMNTS

Major retailers such as Target, Home Depot, Walmart and Lowe’s have been forced to introduce stricter return, store credit and gift card policies in response to a troubling trend. They say gift cards are the gift that always fits. Customers cannot use credits to buy gift cards and cannot redeem gift cards for more gift cards, either.

Retail 105
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11 Lessons From Startup Chapter 11s

CB Insights

When Munchery filed for Chapter 11 protection in March 2019, the company owed its former customers more than $3M in unfulfilled gift cards and an additional $3M to vendors and manufacturing partners. The lawsuit hinged on Julep’s promotional free Welcome Box of Julep products, available for just the cost of taxes and shipping.

Apple 78
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Fintech Fundings: 186 Companies Raised $1.6 Billion in June

Fintech Labs Insights

Online payroll system. HQ: Nashville, Tennessee. Credit card with consumer controls. Online accounting. Tags: SMB, merchants, payments, acquiring, credit/debit cards, mobile. Total dollars raised YTD is now $17.4 billion, more than double the $8.4 billion more raised during the same period a year ago. ——-.

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