PYMNTS

JUNE 3, 2020

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.

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America Regional Fraud Mobile 248

PYMNTS

DECEMBER 10, 2020

Bank of America (BofA) is introducing a cross-border payment tracker and expanding SWIFT gpi to support more than 140 currencies, accessible through the integrated CashPro platform. 10) press release. and Ireland at SWIFT. .

America 261

America Payments User Experience Tools 261

PYMNTS

SEPTEMBER 22, 2020

To help local businesses encountering difficulty because of the coronavirus or civil unrest, the Mall of America is contributing a 5,000-square-foot retail space to local businesses called the Community Commons. The space will be rent-free to 17 companies, opening Oct.

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PYMNTS

SEPTEMBER 18, 2019

In a civil investigation that recently came to light, the Consumer Financial Protection Bureau (CFPB) is looking into Bank of America as part of a probe that came out of the phony accounts scandal at Wells Fargo. Bank of America, however, has contended that a demand for emails, as well as other records, in March 2019 is unduly burdensome.

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America Cards Regulation Innovation 172

PYMNTS

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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America San Francisco New Jersey Resources 186

PYMNTS

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.

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America Fintech Capital Regional 182

PYMNTS

MAY 12, 2020

To provide a customized guest experience for its clients, Genesis Motor America unveiled its Genesis Concierge service. A true luxury experience should exceed a customer’s unique desires and expectations,” Genesis Motor North America President and CEO Mark Del Rosso said in the announcement.

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America Branding Retail California 141

PYMNTS

OCTOBER 27, 2017

Earlier this month, NovoPayment , a digital finance and transactions firm, announced news of the launch of its Developer Hub, one of the first such platforms servicing Latin America, according to a press release. Its clients include banks, financial institutions and others throughout the Americas.

America 186

America Miami Community Tools 186

PYMNTS

MAY 28, 2020

Bank of America ’s chairman and CEO sees light at the end of the COVID-19 tunnel. You’re seeing us come out of the depths of where we were, and that’s good news,” he told the news service. We went into the recession environment and then these people shut down, they’re reopening and that’s good news,” Moynihan said.

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America US Payments 130

PYMNTS

NOVEMBER 11, 2019

Latin America is becoming a new weak spot for Uber, showing a 2 percent growth, the lowest of any region for the ride-hailing company, Reuters reported on Monday (Nov. Increased competition in Latin America, mainly from the Chinese ride-hailing giant Didi Chuxing, is being blamed for Uber’s growth slowdown in that region.

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America Regional Groups Maine 118

PYMNTS

OCTOBER 14, 2020

The four intended to start a new marketplace software product for the Latin America region. Nuvemshop was formed by Santiago Sosa, Alejandro Vazquez, Martin Palombo and Alejandro Alfonso and went through numerous trials and errors on the way to forming.

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America Regional Lending Online 215

PYMNTS

DECEMBER 10, 2020

Bank of America customers are spending more across all accounts than they did last year, but more stimulus is needed to support small businesses and people who are unemployed, according to CEO Brian Moynihan. When you look at what they’re spending year-to-date, they’ve spent more in 2020 than they did in 2019, and that is now across $2.7

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America Cards Report Retail 243

PYMNTS

MAY 14, 2020

As of the first of June, the nation’s largest mall — Minnesota’s Mall of America — is set to reopen its doors to the public, following Gov. Jill Renslow, an executive vice president of the Mall of America, told the Star Tribune the property has to be ready and safe if it is to have any hope of drawing customers back in.

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PYMNTS

MAY 27, 2020

percent in North America and 7 percent internationally. The pizza chain noted that approximately 320 of its roughly 2,100 international franchised stores are closed for the time being, mainly in the Middle East, Europe and Latin America. It also noted that some global markets are open “predominantly” just for delivery, like Britain.

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America Meeting Maine Mobile 131

PYMNTS

JUNE 18, 2020

The advance of digital payments in Latin America over the last two decades has been slow when measured against other parts of the globe. Critical to bringing digital payments into Latin America in general, and into WhatsApp in specific, is they must be secured via tokenization. ” Latin America’s Digital Path Forward.

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America Payments Security Regional 180

PYMNTS

MAY 1, 2020

The CEO of Bank of America said the impact of the $2.2 In an interview on CNBC’s “Closing Bell,” on Friday (May 1) Bank of America CEO Brian Moynihan said the combined elements of the CARES Act are coming together to jumpstart the economy. He said Bank of America has processed 231,000 PPP loans representing about $24 billion.

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America National US Company 164

BankInovation

MAY 27, 2021

Bank of America has begun using its virtual assistant, Erica, to support employees in commercial banking and wealth investment, the head of Erica revealed to Bank Automation News on Wednesday. Erica was originally developed in June 2018 as an assistant powered by artificial intelligence (AI) for its Bank of America app, but the $2.2

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America Management 97

PYMNTS

FEBRUARY 25, 2019

Bank of America will drop the Merrill Lynch name from its trading and investment banking outfits, according to reports. The move shows that Bank of America is finally moving past the crisis and the problems it wrought, and focusing on renaming some of its acquired business, including the U.S. 1 brand there is.”.

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America Management Branding Security 164

PYMNTS

JUNE 16, 2020

Greensill, which provides working capital finance for customers around the world, has acquired Latin America-based lender Omni, a lender to small and medium-sized businesses (SMBs). “Together we will ensure that SMEs across Latin America have the fairest access to finance available.”

America 140

America Capital Regional Marketing 140

PYMNTS

FEBRUARY 6, 2019

Bank of America announced on Wednesday (Feb. 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. It also offers access to real-time advice in one tool with new functionality.

America 181

America Tools Mobile Analysis 181

PYMNTS

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

America 203

America Cards Conference Examples 203

PYMNTS

SEPTEMBER 22, 2020

In today’s top retail news, Philadelphia Real Estate Trust reopens its newest property, Ralph Lauren cuts its workforce and Mall of America offers space to local businesses. Mall of America To Provide 'Community Commons' For Local Companies. Philadelphia Mall Owner Takes Care Of Its Own.

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Philadelphia Retail Las Vegas America 173

PYMNTS

OCTOBER 16, 2019

Zelle P2P payments increased 76 percent year-over-year (YoY) in the third quarter of 2019, Bank of America said on Wednesday (Oct. In its Q3 financial release , Bank of America also gave updates on its mobile and digital efforts. In all, Bank of America now has 38 million active digital banking users, along with 28.7

America 116

America Payments Mobile Cards 116

PYMNTS

JULY 23, 2020

Berkshire Hathaway , the Warren Buffett-helmed conglomerate that owns Geico , upped its stake in Bank of America (BoA) by over $800 million, in what the Financial Times (FT) reported is a vote of confidence in the lagging U.S. banking sphere.

America 225

America New York Report Company 225

PYMNTS

APRIL 3, 2020

Bank of America has reportedly become the first large bank to be able to take digital applications for the $350 billion small business loan program that is part of the government’s coronavirus relief package. A separate report noted that Bank of America Corp. The financial institution’s portal went online at approximately 9 a.m.

America 149

America New York System Report 149

PYMNTS

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. As it stands, Bank of America is said to have won 36 applications for blockchain patents with 31 pending.

America 108

America System Security North Carolina 108

PYMNTS

JULY 7, 2020

Retail Properties of America, Inc. In separate news from May, a report found that 21 percent of 135 large chains weren’t paying any rent or were paying just a small portion of it in April. RPAI), a real estate investment trust (REIT) that owns open-air shopping centers, reported that the company had collected 65.3

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America Retail National Report 134

American Banker

JUNE 9, 2023

Five Star Bancorp expands into San Francisco, American Express to integrate with data aggregators Plaid and Yodlee, Bank of America reworks leadership in its investment banking unit and more in this week's banking news roundup.

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San Francisco Leadership America Data 36

PYMNTS

OCTOBER 1, 2018

A new survey from Bank of America shines a spotlight on the increasing concerns — and increasing costs — of data breaches. Bank of America said data breaches can be “devastating” to small businesses.

America 181

America Data Survey Mobile 181

PYMNTS

MARCH 5, 2018

Nippon Ichi Software announced news that its American division, NIS America, was the victim of a major data breach that exposed the personal and financial data of online customers. 26, we became aware of a malicious process that had attached itself to our checkout page,” NIS America said in the email. On the morning of Feb.

America 117

America Data Security Cards 117

PYMNTS

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

America 112

America Miami Regional Operations 112

BankInovation

DECEMBER 22, 2022

Bank of America Senior Vice President Jorge Camargo is focused on delivering a high-tech, high-touch strategy to improve customer experiences. Bank Automation News recently caught up with Camargo to discuss […].

America 52

America Customer Experience Strategy 52

PYMNTS

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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Data cryptocurrency America San Francisco 101

PYMNTS

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.

Taxes 216

Taxes Tools Payments Los Angeles 216

PYMNTS

NOVEMBER 1, 2020

Corporate travel and expense management solution provider Serko has launched its Zeno Expense tool in North America, giving customers a new option for B2B travel management, a press release on the company website stated, alongside the company's Zeno Travel tool that was already available.

Tools 168

Tools America Management Policies 168

PYMNTS

DECEMBER 4, 2019

Visa and banking-as-a-service platform NovoPayment are expanding their strategic partnership to advance the deployment of digital solutions in Latin America and the Caribbean, Visa said in a press release on Tuesday (Dec. Visa has also made a strategic investment in NovoPayment.

America 132

America Regional National Fintech 132

PYMNTS

AUGUST 6, 2019

“There’s a very rich ecosystem for us in Latin America.”. Softbank has also been making moves in the region, and it recently said it was going to use a $5 billion fund to invest across Latin America. Stripe has recently been expanding all over the globe, in places like Estonia, Poland, Greece, Lithuania, Latvia and Malaysia.

America 165

America San Francisco Regional Capital 165