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Closing Latin America’s $350B SMB Trade-Finance Gap

PYMNTS

They’re not equipped to manage the operational risks associated with these smaller businesses,” Shoihet told PYMNTS, especially when it comes to extending short duration credit lines, debt products or factoring. But, as Shoihet said, these firms account for roughly 50 percent of trade volume in the LATAM region.

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Popular Bank Implements Branch Realignment in the New York Metro Region to Enhance Focus on Communities and Small Business Support

PopularBank

The branch closures, which are expected to be completed simultaneously by January 29, 2021, are projected to reduce annual operating expenses by approximately $13 million. Popular is committed to meeting the needs of our customers and communities, guided by our 127-year legacy.

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Apple To Shutter 30 More US Stores Again Amid Pandemic

PYMNTS

As instances of the coronavirus quickly increase in a number of regions across the nation, Apple plans to shutter 30 more stores in the United States on Thursday (July 2) at the latest. The tech company, which has 271 retail shops in the United States, has recently closed 47 stores again, CNBC reported.

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Top News In Payments: Bank Closings Hit Rural Areas; Kaspersky Highlights Rise Of Fake Notifications

PYMNTS

In today’s top payments news, more than half of the 3,114 counties in the United States lost bank branches from 2012 to 2017. Bank Branch Closings Take Toll On Rural Communities. Urban areas, however, lost only 9 percent of offices in 802 communities. Kaspersky: Fake Push Notifications Have Grown Nearly 70 Pct In 2019.

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Stuck in the middle: Addressing the gap in senior housing with financial solutions.

PopularBank

As the youngest baby boomers approach retirement, the number of retirees in the United States keeps growing, with many of them retiring as middle-income seniors. An expert who is already familiar with potential obstacles owners and operators face — staffing issues, covenant challenges, case acuity, and occupancy concerns.

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Bitcoin Daily: Crypto ATMs Surpass 5K; Sham Site Steals $27M In Crypto

PYMNTS

The United States has over 60 percent of the world’s cryptocurrency ATMs, followed by Canada with 12.4 s South West Regional Cyber Crime Unit (SW RCCU), in a joint operation with the Dutch police (Politie), Europol, Eurojust and the U.K.’s In other news, it was announced that the U.K.’s

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Philly Mall Owner Sets The Tone For Digital 3.0

PYMNTS

Consumers can visit SmallSurprises.Shop , access a questionnaire and then select a customized pack to be delivered anywhere in the United States. PREIT has long been evolving the experience we bring to our communities, remaining laser-focused on innovating at rapid speed through times of change. Coradino , CEO of PREIT.