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Grocery Roundup: Ahold Delhaize Acquisition, Another Toilet Paper Rush And A SNAP Explosion

PYMNTS

Under the terms of the deal, FreshDirect will keep its brand name, be supervised by a seven-member board and continue its independent operations in New York City. Today Farmstead’s services are only available in California and in the Raleigh-Durham area of North Carolina.

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How to Offset an Evaporating Data Center

Gonzobanker

Numerous applications, including card processing, online banking and bill pay, are overwhelmingly being outsourced. Industry-specific tech talent is consolidating and migrating to programmer and megabank community hotspots in San Jose, Seattle, San Francisco, Boston, Raleigh, Charlotte, Atlanta and Phoenix. Cards are a perfect example.

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Bitcoin’s Resplendent Week

PYMNTS

A local bitcoin radio ad campaign is attempting to win support for local bitcoin owners to allow them to pay a lower percentage fee to credit card companies from their sales. But in Raleigh, North Carolina, a father-and-son team from the home water and heating industry are upending the bitcoin mining industry, according to CoinDesk.

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2021 GonzoBanker Awards

Gonzobanker

Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. With Venmo charging 100-150bp less that the card networks, merchants will aggressively follow Amazon. Acronym of the Year. Has to be M-O-E. Congrats on a brave move and national recognition Jim!

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