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Off The Continent And Into Puerto Rico For Online SMB Lending

PYMNTS

In a partnership formed recently with Puerto Rico’s Oriental Bank, Biz2Credit said late last month that it has begun offering its digital lending platform to the bank’s commercial clients. Verticals within the SMB realm that may be receptive to online lending, he said, include manufacturing and retail.

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

PYMNTS

In today’s top payments news around the world, Razer Fintech and Visa have unveiled the Razer Card prepaid card, while SafetyPay has joined forces with LATAM’s Rappi. Plus, the Abu Dhabi Investment Authority (ADIA) is investing roughly $750 million in Reliance Retail Ventures Ltd. percent share of Reliance Retail.

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NEN Widens USAT Partnership For Cashless Payments Growth

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Cashless payments firm USA Technologies (USAT) is expanding its partnership with amusement kiosk operator National Entertainment Network (NEN) to bring expanded cashless payment options to more vending machines and devices, the companies announced in a press release on Friday (Nov. and Puerto Rico.

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This Week In Retail: Funding, Finance And Tech

PYMNTS

This week in retail, we’ve seen news coming in from multiple sides, including that of Apple’s projected increase in smartwatch sales , U.K. Walmart is getting in on the lending game in its own way with the unveiling of an installment loan offering that will allow people to put higher-priced items on a payment schedule. Virgin Islands.

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Costco’s Co-Branded Credit Card Has 1 Million Members

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Costco Wholesale has reached a milestone, with Costco saying its co-branded Citi Visa Anywhere credit card now has 1 million members who have signed up for the card. According to a report , the co-branded card was launched in June and is resonating with consumers. million American Express co-branded cards, “about 7.5

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Lease-To-Own Services Make A Comeback With Overstock.com

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Lease-to-own services are making a comeback with eCommerce retailers. The option, provided by Progressive Leasing , allows customers to lease products for as long as a year and is available for over three million products on the retailer’s website. In an announcement , Overstock.com founder and CEO Patrick M.

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Hurricane Florence’s Retail Punch

PYMNTS

Though not expected to be as damaging as the hurricane run that ripped through Texas, Florida and Puerto Rico last year, Hurricane Florence is expected to deal $700 million worth of net negative impact on the U.S. A bad one — bad enough, in fact, to be this week’s biggest fizzle. According to Planalytics, roughly $2.75

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