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

PYMNTS

The government of Puerto Rico lost $2.6 The department has faced strong criticism from the people of Puerto Rico about the incident, as the country has been dealing with a recession for more than a decade, and some government services have been cut as a result. “I

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Popular in Puerto Rico urged by activist investor to sell

Payments Source

Raging Capital Management also urged the company's board to repurchase stock and think about selling a minority stake in the payments processor Evertec.

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N.Y. Firm Appoints Director for First Bancorp in Puerto Rico

American Banker

First Bancorp in San Juan, Puerto Rico, has added a managing director from a New York private equity firm to its board.

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CIT Sells Wealth Advisory Arm to First Sun Capital

Banking Exchange

Plus: FirstBank Puerto Rico completes Santander purchase, and Farmers and Merchants Bank is approved for community bank merger Management Feature Feature3 M&A.

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Popular in Puerto Rico urged by activist investor to sell

American Banker

Raging Capital Management also urged the company's board to repurchase stock and think about selling a minority stake in the payments processor Evertec.

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New Unemployment Claims Down 48K To 709K

PYMNTS

24 were in Hawaii (9.9), California (8.9), New Mexico (8.5), Nevada (8.2), the Virgin Islands (7.1), Massachusetts (7.0), Puerto Rico (6.9), Georgia (6.8), District of Columbia (6.5) The highest insured unemployment rates in the week ending Oct. and Alaska (6.1).

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Walgreens Launches New Loyalty Program, Ups Same-Day Service

PYMNTS

Puerto Rico and the U.S. The pharmacy chain is looking to help “customers and patients manage their health and well-being during the most severe health crisis of our lifetimes,” said John Standley , Walgreens president. The chain has more than 9,000 stores in the U.S., Virgin Islands. Only for you” exclusive deals.