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PR Gov’t Loses $2.6M Due To Email Phishing

PYMNTS

The government of Puerto Rico lost $2.6 He also didn’t say how the missing money will affect the department’s operations moving forward. I cannot speculate about how these things might happen,” he said, a dding that he takes the management of funds for his agency in high regard. It’s a big responsibility.”.

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Report: ABG May Buy Bankrupt Ann Taylor Parent Firm Ascena

PYMNTS

Authentic Brands Group ( ABG ), the New York-based brand management company, could be the latest potential buyer of Ascena Retail Group , the recently bankrupt parent firm of Ann Taylor, Footwear News reported. The New Jersey-based company operates about 3,000 stores, mostly at malls. billion debt.

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NEN Widens USAT Partnership For Cashless Payments Growth

PYMNTS

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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DOJ, State AGs Could Combine Google Investigations

PYMNTS

Other than online search, talks between the two groups will likely also focus on whether the Android operating system is another example of potential monopolistic control by Google , as well as the ideal allocation of investigatory labor among federal and state regulators. Thus far, U.S. Thus far, U.S.

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Hispanic Federation Names Popular Bank Chief Operating Officer Manuel Chinea New Board Chairman

PopularBank

Popular Bank Chief Operating Officer Manuel Chinea has been named Chairman of the Hispanic Federation Board of Directors. For more than two decades, Chinea has been an active member of several marketing, credit, treasury management and not-for-profit organizations.

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3 insurance trends to watch in Q4’22

CB Insights

With climate-related losses expected to continue climbing, insurers will need more granular, real-time climate data and enhanced analytics capabilities to accurately price policies and manage claims. As weather events become more frequent and severe, insurers will need to be able to efficiently scale their property inspection operations. .

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Banking's Top 5 Total Return to Shareholders: 2022 Edition

Jeff For Banks

Twenty-six percent of the bank is owned by the Board, Executive Management, and the ESOP. and Puerto Rico banking laws and regulations. Founded in 1964, OFG's banking subsidiary, Oriental Bank , is one of Puerto Rico's largest banks, and is focused on the island and the U.S. And there are two Puerto Rican banks.