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Off The Continent And Into Puerto Rico For Online SMB Lending

PYMNTS

For small business lenders and for FinTech too, expansion is key; but for Biz2Credit, expansion is literal. 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.

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How to make a small island a big centre for FinTech

Chris Skinner

They range from islands like Belize and Puerto Rico to Mauritius and Barbados to Bahrain and Singapore. That’s a pretty diverse … The post How to make a small island a big centre for FinTech appeared first on Chris Skinner's blog. I didn’t know much about SIDS but, when investigating further, discovered I did.

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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. Razer Fintech, Visa Pitch New Prepaid Card to Young Adults in Singapore. MoneyGram International has extended its relationship with Walmart Inc. through March 2024.

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5 questions with … FV Bank Head of Core Banking and Cards Balasubramanian

BankInovation

Head of Core Banking and Cards Madhu Balasubramanian told Bank Automation News that the San Juan, Puerto Rico-based bank considers customer needs first and technology needs second, with regard to product and service implementation. FV Bank focuses on emerging trends and nimble technology as it invests in digital.

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State Regulators Investigate Payday Advances

PYMNTS

On Tuesday (August 6), Financial Services Superintendent Linda Lacewell formally announced that she, along with banking regulators from nine other states and in Puerto Rico, want to understand whether payroll advance firms are charging illegal interest rates by retitling them as “tips” or “membership fees.”.

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3 insurance trends to watch in Q4’22

CB Insights

download the State of Fintech Q3 ’22 Report. Get the free report for analysis on dealmaking, funding, and exits by private market fintech companies. For example, Puerto Rico-based Raincoat is building out parametric insurance solutions that will use weather data as claims triggers. First name. Company Name.

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Today In Payments: Puerto Rico Falls Prey To $4M Online Fraud; India’s Antitrust Investigation Into Amazon, Flipkart On Hold

PYMNTS

In today’s top news, at least four Puerto Rico government agencies were targeted in a $4 million online scam, and India’s court hit pause on their antitrust investigation into Amazon and Flipkart. Puerto Rico Falls Prey To $4M Online Fraud. JPMorgan To FinTechs: Sign Data Sharing Deals, Sources Say.