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Lease-To-Own Services Make A Comeback With Overstock.com

PYMNTS

Lease-to-own services are making a comeback with eCommerce retailers. The option, provided by Progressive Leasing , allows customers to lease products for as long as a year and is available for over three million products on the retailer’s website. In an announcement , Overstock.com founder and CEO Patrick M.

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WEX Extends Fuel Card Contract With Sheetz

PYMNTS

announced a 10-year extension of its fleet fuel card contract with convenience chain retailer Sheetz, Inc., WEX supports the Private Label, Universal and Tri-Brand fleet cards available at Sheetz, which can be used to purchase gasoline at store locations. On Wednesday (Oct. 18), payment solutions company WEX, Inc.,

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Sears Offers Online ‘LEASE IT’ Financing Program

PYMNTS

The retail chain originally launched LEASE IT in 2012, aimed at providing an affordable solution to those who do not have credit or cannot benefit from layaway because they need the product immediately. Lease payments can be automatically deducted from a member’s bank account or credit card.

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SNAP Users Shut Out Of The Digital Grocery Aisles

PYMNTS

The government first began investigating the prospect of allowing SNAP card recipients to pay for their groceries online four years ago, in 2016 , and had begun to design a pilot program with grocery players. An opinion, incidentally, that some retailers, particularly Walmart, concur with. Though Walmart is a participant in the U.S.

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Game-Changing Tech Or Dystopian Nightmare? How 16 Industries Could Be Transformed By Facial Recognition

CB Insights

From creating checkout-free retail stores to eliminating concert tickets, here are 16 industries that are starting to transform with facial recognition technology. Linking facial recognition to personalization for shoppers presents a big opportunity in retail. Law Enforcement.

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Enabling Digital Commerce At Sporting Venues With Mobile Ticketing

PYMNTS

for instance, nearly half of all Visa transactions at physical points of sale happen via contactless card tap. Asia Pacific lags behind the worldwide average somewhat, with one-third of all in-person transactions happening via contactless card. Excluding the U.S., More notably, the U.S.,

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2021 GonzoBanker Awards

Gonzobanker

Goes to Larry Mazza and the crew at MVB Bank in West Virginia. Based on a clearly defined strategy, this team has established a dedicated fintech group that offers services ranging from BaaS to sponsoring card issuance and lending, to providing crypto services, to offering niche partnerships to the gaming industry.

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