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Enabling e-commerce and m-commerce in Latin America

Payments Dive

The e-commerce market in Latin America presents enormous potential for retailers. Despite the possibilities, there are a number of unique challenges that retailers and payments companies need to be aware of before making such a commitment.

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Retail Properties Of America Collects 65.3 Pct Of Q2 Rent

PYMNTS

Retail Properties of America, Inc. ” RPAI had 102 retail operating properties domestically, comprising 20 million square feet, as of the end of March of this year. National retailers paid only 58 percent of their billed rent in April, which was far below the 96 percent over the same timeframe last year.

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Bank of America gained 418 technology patents in 2019

Bank Innovation

Bank of America obtained more patents last year than any other year in the history of the company. In 2019, company obtained 418 patents, a 31% increase over the prior year. According to the bank, patents protect the bank’s tech investments.

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Megamalls Like Mall Of America And American Dream Face Mega Problems 

PYMNTS

malls — Minnesota’s Mall of America and New Jersey’s American Dream mall — are struggling, with the company that owns both recently skipping a third straight payment on the Minnesota property. the Mall of America features not only 500 stores, but also some 28 amusement-park rides, an aquarium and more. The two largest U.S.

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Mobile users drive deposit growth at Bank of America

Bank Innovation

For Bank of America, mobile and digital channels are sustaining its retail business. In a third-quarter earnings call Wednesday, CEO Brian Moynihan stressed the importance of digital banking offerings that are complemented by human support.

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Bank of America customers sent $27 billion through Zelle in Q1  

Bank Innovation

Bank of America customers are shifting toward digital tools. Paul Donofrio, Bank of America’s chief financial officer, said in a statement that despite the […].

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Mall of America To Provide 'Community Commons' For Local Companies

PYMNTS

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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