Remove America Remove Cards Remove Online Remove Operations
article thumbnail

MercadoLibre: The ‘Amazon Of Latin America’ Spreads Its Wings

PYMNTS

In Latin America, such a company exists in the form of MercadoLibre , a triple-threat regional financial powerhouse based in Argentina. It now operates in 18 countries in Latin America. According to eMarketer, eCommerce made up about 4 percent of the total spent last year in Latin America, due mostly to its cash-heavy economy.

America 248
article thumbnail

Bank of America Turns to Electronification of Cash to Reduce Operational Costs

Bank Innovation

EXCLUSIVE – Bank of America seeks electronification of cash not only as way to better serve its banking customers but also as an excellent way to reduce costs: according to Bank of America CEO Brian Moynihan, this digitization of cash can save the bank billions of dollars.

America 218
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Gaming Platform DraftKings Partners With InComm Payments For Retail Gift Cards

PYMNTS

Digital sports entertainment and gaming industry platform DraftKings — known for its top-rated daily fantasy sports and mobile sports betting apps — today announced an agreement with InComm Payments , a global leading payments technology company, to launch an industry-first retail gift card. . DraftKings reported on Friday (Nov.

Retail 230
article thumbnail

Deep Dive: How Businesses Are Preparing Their Workers, Payments Operations For A Digital B2B Future

PYMNTS

This month’s Deep Dive examines how mobile and contactless payment options are poised to reshape the corporate payments ecosystem as well as how virtual cards can help businesses adapt their operations to the digital-first payments ecosystem that has emerged. . Reshaping Business Payments . Adapting To A Mobile, Contactless Normal .

article thumbnail

MercadoLibre Shares Break $1K As Online Sales Keep Rising

PYMNTS

According to analysts with Bank of America, even as the market begins to recover and people go out more often, the tendency to buy more online might stick, Bloomberg reported. Bank of America’s analysis, led by Robert Ford , raised the target price to $1,100 in a June 9 report.

Online 150
article thumbnail

PayPal Invests $11M In Online Return Service

PYMNTS

PayPal ’s venture capital arm has invested $11 million in online returns service Happy Returns. “Happy Returns is building a network of physical return locations called Return Bars to enable in-person returns from online shoppers.” Some of the brands working with the company include Rothy’s, Untuckit, Everlane and Eloquii.

Online 164
article thumbnail

Bank of America Adds New Features to Mobile App, Announces a New Partnership

Bank Innovation

EXCLUSIVE – Bank of America has rolled out a series of features and upgrades to its mobile banking app including a timely partnership for the holiday season with Blackhawk Network Holdings’ gift card marketplace Gift Card Mall.

America 170