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How ‘Smart Bank Transfers’ Can Help Streamline B2B Payments

PYMNTS

For one firm, AeroPay — focused on bringing payment services to underserved markets — the cannabis market is but one that can benefit from the great digital shift for payments done in person or online. Looking Toward Underserved Markets . Banks have been inching into the space; cash still remains a hallmark.

Payments 271
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Mobile Order-Ahead Sector Goes All-In On AI

PYMNTS

That’s a silly simplification of the very serious matter of what AI is doing for the restaurant sector, among others, as online ordering becomes a way of life and not just a lockdown relic. Businesses rapidly embraced digital solutions in 2020 as shopping (and eating) moved online while everyone hid out indoors.

Mobile 289
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Leafbuyer Technologies Buys Greenlight Technologies To Expand Its Cannabis Markets

PYMNTS

We look forward to expanding Greenlight’s platform in California and bringing the technology to other legal cannabis markets, including Colorado,” Leafbuyer Chairman and CEO Kurt Rossner said in the press release. Leafbuyer.com is an online source for cannabis deals and information.

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Grocery Tracker: Food Markets’ Lag In Online Presence

PYMNTS

In other organic grocery news, former Sprouts Farmers Market CEO and current Chairman Doug Sanders is reportedly stepping down from his board position effective Feb. Customers in Boulder, Colorado can expect a two-cent-per-ounce tax, which is expected to double the price of a two-liter bottle of soda. Overall, online retail in the U.S.

Online 100
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COVID-19 Looks Set To Raze Online Home Sales (And Agents’ Jobs)

PYMNTS

housing market, which itself is poised to take a hit where no part of the U.S. The housing market depends on the sanguine attitude of the U.S. The quartet includes Zillow Group, Offerpad, Redfin and Opendoor Labs. Their stomping grounds, of course, are tied to the U.S. economy remains unscathed.

Online 181
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Amazon Plans Whole Foods Expansions In Closed Sears Stores

PYMNTS

The recent woes of Sears and other struggling retailers are seen as an opportunity for the online retail giant. In November, Amazon announced the expansion of grocery pickup from Whole Foods Markets through Prime Now in eight more cities. Grocery pickup from Whole Foods Market is now available in 22 cities. Sources told Yahoo!

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Colorado Settlement Provides a Possible Path Forward for Certain Bank-Fintech Online Lending Partnerships

CFPB Monitor

We have previously blogged about the lawsuits filed by the Colorado Attorney General against fintechs Avant and Marlette Funding and their partner banks WebBank and Cross River Bank. Supreme Court, a Colorado appellate court (after any chance for appeal has run) or the FDIC adopts a “true lender” test that differs from the safe harbor).