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Today In Payments Around The World: Razer Fintech, Visa Unveil Prepaid Card; SafetyPay Collaborates With LATAM’s Rappi

PYMNTS

SafetyPay’s infrastructure allows those who don't have credit cards and consumers who are concerned about fraud to take part in the digital marketplace via bank transfer or cash. SafetyPay has teamed with Rappi for cash solutions and immediate reconciliation. Abu Dhabi Investment Authority Invests $750M in Reliance Industries Subsidiary.

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Fizzle Of The Week: Puerto Rico’s Cash Crisis

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Also, Amazon is expanding Alexa to BMW to be included in vehicles from that iconic automotive brand in the future. Fizzle of the Week: Puerto Rico’s Cash Crisis. Not only are the lights out in Puerto Rico, they are likely going to be out for quite some time. Puerto Rico is short on cash.

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Surprise Edition: Amex, Hackers And Starbucks E-Commerce Sign-Off

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Two American Express banking subsidiaries have found themselves on the wrong side of the CFPB’s fining pen for discriminating against consumers in Puerto Rico, the U.S. American Express discriminated against consumers in Puerto Rico and the U.S. American Express’ $96M Discrimination Problem. Virgin Islands and other U.S.