PYMNTS

AUGUST 22, 2019

In Latin America, news comes this week that Santander Group is boosting its use of Ripple’s technology to aid payments across what CoinDesk reported is a “payment corridor” in Latin America. That app, the site noted, uses xCurrent software. I can just send a payment from Argentina to Chile directly [using bitcoin].”

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JUNE 3, 2020

In Latin America, such a company exists in the form of MercadoLibre , a triple-threat regional financial powerhouse based in Argentina. MercadoLibre is an eCommerce platform similar to Amazon , with its own payments infrastructure that has grown into credit, mobile payments and asset management capabilities.

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NOVEMBER 23, 2020

Global Commercial Cards tailors to the requirements of firms of all different sizes and speeds up the workflow of everyone who participates in the expense management procedure, according to the announcement. With Global Commercial Cards, BBVA has managed to bridge the gap between two worlds: commercial cards and expense management tools.

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JUNE 19, 2020

It was a big week for B2B FinTech startups in Latin America. “Latin America is a highly attractive growth market for us, and the acquisition of Omni will significantly expand our capabilities in this important region,” the firm’s Founder and CEO Lex Greensill said in a statement. Authenticiti.

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MAY 18, 2020

Bank of America has lowered its rating of Square Inc. Bloomberg News reported analyst Jason Kupferberg said the gradual opening of states amid the coronavirus is a positive sign for retailers. Shares of the San Francisco-based mobile payment company fell by 2.29 percent at noon on Monday (May 18), according to Yahoo Finance.

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OCTOBER 8, 2020

Manheim Logistics has formed an exclusive collaboration with DHL Supply Chain in order to develop what a press release calls a "more holistic" transportation management system. And there will be a new integrated user experience portal for use by shipping and operations workers.

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FEBRUARY 25, 2019

Bank of America will drop the Merrill Lynch name from its trading and investment banking outfits, according to reports. The banking giant, which bought the longstanding Wall Street firm during the financial crisis in 2008, now plans to rebrand most of its wealth-management business as just Merrill. 1 brand there is.”.

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FEBRUARY 6, 2019

Bank of America announced on Wednesday (Feb. 6) the launch of Business Advantage 360, a digital dashboard aimed at helping entrepreneurs manage their business finances. In a press release , Bank of America said the new dashboard is available to business banking customers, giving them a view of their cash flow.

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NOVEMBER 15, 2020

Mobile-first fiscal management solution Fiskl has joined up with Samsung Appstack to help keep small- to medium-sized businesses (SMBs) competitive through collaborations and project management, according to a press release. The pandemic has engendered a number of new obstacles for companies.

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Samsung Management Mobile Resources 263

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MAY 8, 2020

Samsung Pay is launching a physical debit card and this summer will introduce a money management tool in partnership with SoFi. Ahn added that over the summer months, Samsung Pay will introduce a tool to help people better manage their financial lives. NFC works with digital wallets and powers contactless payments.

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OCTOBER 14, 2020

Bank of America (BofA) said on Wednesday (Oct. trillion in spending at Bank of America, customers have spent more than they did last year,” CEO Brian Moynihan told investors and analysts on a conference call following the company’s 3Q earnings release. All told, Bank of America reported Q3 net income of $4.9 That’s down from $5.8

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JULY 31, 2020

“As far as TikTok is concerned, we’re banning them from the United States,” Trump told reporters aboard Air Force One, according to NBC News. officials also worry that TikTok could distribute propaganda, and that those managing content on the platform could censor communications. However, U.S.

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AUGUST 19, 2019

To provide users with different levels of access to funds that are stored, Bank of America is reportedly aiming to patent a security system that is “partitioned” for crypto-wallets. The office published the application last week and lists a senior tech manager at the bank, Manu Kurian, as the inventor.

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MAY 27, 2020

To help users manage everyday finances, Samsung Electronics America, Inc. has announced a new mobile-focused money management experience called Samsung Money by SoFi. Users can decide to open an individual or joint cash management account with Samsung Money by SoFi.

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SEPTEMBER 23, 2020

As demand increases for digitally-driven money management solutions, Mastercard has expanded its Digital-First Card Program in North America.

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SEPTEMBER 9, 2019

David Watson, the former managing director and head of cash management for Deutsche Bank in the Americas, as well as the head of global digital cash products, has joined SWIFT as the new strategic relationship director in North America, according to a release.

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MAY 6, 2019

Bank of America Merchant Services announced Monday (May 6) a partnership with Recurly, which runs an enterprise subscription management platform. Subscriptions isn’t the only area Bank of America Merchant Services is going after. Customers also get analytics and insights into the business.

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DECEMBER 3, 2019

The Corporate America Credit Union (CACU), which serves almost 500 credit unions (CUs) around the world, has become a funding agent for the RTP network, The Clearing House ’s (TCH) real-time payments network, according to a release.

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APRIL 10, 2020

It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. Banks were supposed to start taking in PPP applications on April 3, but only JPMorgan Chase and Bank of America (BoA) had the ability to roll out per a report on April 5.

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OCTOBER 10, 2019

Bank of America (BoA) may have hired a treasury product manager to work with Ripple. This role leads the product management team for the Ripple Project, a decentralized ledger technology-based solution to cross-border payments marketed to [global transaction services (GTS)] clients,” the job listing read. “The

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AUGUST 30, 2019

The moves are designed to further last-mile operations in Latin America. Lange added that Latin America remains a “key market.”. As reported by The Next Web, the last-mile arena in Latin America is marked by increased competition. Nivel 2, a customs brokerage company and Cargex affiliate. what do they focus on? ‘I

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SEPTEMBER 23, 2019

Bank of America has announced that it has joined the Marco Polo Network , the leading trade and working capital finance network. We look forward to working with Bank of America to address critical market challenges and to expand the network’s reach and eco-system to a wider audience of corporate customers.”.

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OCTOBER 15, 2020

Morgan, Citi, Wells Fargo, Bank of America and Goldman (where consumer deposits stood at $96 billion in the latest tally, up $4 billion in the quarter) have shown variations on a theme: We’re emerging from what seems (so far) to be a nadir seen earlier in the year. “As That may be stretching things. Debit purchase volume was $102.9

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JULY 30, 2019

Now, as it suffered with a formidable performance by those companies, Under Armour cut its full-year North America revenue forecast, Reuters reported. Nike posted a 7 percent jump the quarter ended in May for North America revenue, while Under Armour sales dropped 3 percent.

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OCTOBER 7, 2020

In today’s top news in digital-first banking, Alacriti is teaming with The Clearing House to help with the adoption of real-time payments (RTP), while Bank of America is rolling out three new business treasury-focused application programming interfaces (APIs). Bank Of America Launches Business Treasury APIs.

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NOVEMBER 2, 2020

Today in B2B, trade finance technology provider Surecomp announces its newest marketplace partner, and Serko expands its expense management offering into North America. Plus, Suplari launches new corporate spend management solutions, and PROS expands its Adobe partnership to help B2B business customers launch eCommerce operations.

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JUNE 18, 2018

It’s a thought that comes to mind this week because the World Cup is currently underway in Russia, and because this week’s news managed to offer up a win, a loss and a draw, depending on where one looked. . The Win: Bank of America’s Virtual Assistant.

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JANUARY 24, 2018

As Elon Musk faces revenue targets that start at $100 billion, Tesla Motors is diversifying its business with car rentals of its luxury electric cars, industry news source Chain Store Age reported. The business, which is called TREVLS, opened at the Mall of America in Bloomington.

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MAY 21, 2020

As an indication of how much retail real estate owners are struggling amid the pandemic, The Mall of America has reportedly skipped two payments on its mortgage of $1.4 Trepp Senior Managing Director Manus Clancy told the outlet, “Next to hotel owners, retailers have been the hardest hit by the COVID-19 crisis.

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MARCH 7, 2019

Hitachi Capital America , Hitachi’s U.S.-based In a statement, Hitachi Capital America EVP and General Manager of Commercial Finance and Corporate Development Mark Duncan said the takeover will help the company expand its footprint in the technology sector.

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OCTOBER 15, 2020

Morgan, Citi, Wells Fargo, Bank of America and Goldman (where consumer deposits stood at $96 billion in the latest tally, up $4 billion in the quarter) have shown variations on a theme: We’re emerging from what seems (so far) to be a nadir seen earlier in the year. “As That may be stretching things. Debit purchase volume was $102.9

America 220

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PYMNTS

OCTOBER 30, 2018

Bank of America Merchant Services, the payments, eCommerce and security solutions company, announced Tuesday (October 30) that it and talech, a cloud-based restaurant management software company, are teaming up to roll out a point of sale solution for the full-service restaurant and bar industries.

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MAY 26, 2017

Going forward, BoA has announced it will be working with financial data aggregators to give their customers a greater ability to connect their banking information with third-party financial management applications.

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JULY 21, 2020

Morgan Asset Management has teamed with Hazeltree , which provides cloud-based treasury solutions, to provide a new liquidity management solution to help clients streamline their complex financial needs, according to a press release. John Donohue , CEO of Asset Management Americas and head of Global Liquidity at J.P.

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MAY 6, 2019

Bank of America Merchant Services, the payments, eCommerce and security services company announced Monday (May 6) a partnership with Recurly, which runs an enterprise subscription management platform. Subscriptions aren’t the only area Bank of America Merchant Services is going after.

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PYMNTS

MARCH 20, 2020

It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. The Bank of America at 52nd Street and Park Avenue in New York City, in one case, ran out of $100 bills for a time due to large withdrawal attempts.

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JANUARY 27, 2020

Fleet management platform Vector is expanding its Delivery-to-Cash offering with the introduction of automated invoicing and accounts receivable functionality. Load data is automatically populated into invoices, which can be combined with other delivery documents from existing treasury management portals.

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