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Off The Continent And Into Puerto Rico For Online SMB Lending

PYMNTS

The company has said that it is the first bank in Puerto Rico to offer digital services, ranging from business credit cards to working capital loans to SBA loans. Drilling down a bit into the Puerto Rico market in particular, Arora noted some differences between small business lending versus, say, the United States.

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Earnings roundup: Digital adoption drives FI investment

BankInovation

Financial institutions are investing in digital and mobile banking offerings, closing out 2023 with an uptick in digital adoption. At Puerto Rico-based, $18.6 This trend was prevalent in the fourth quarter of 2023 for large and small financial institutions alike.

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MoneyGram Extends Relationship With Walmart

PYMNTS

Puerto Rico and on its digital platform at walmart.moneygram.com. Holmes said in a call with analysts that more than 80 percent of June's MoneyGram Online transactions were conducted on mobile devices. through March 2024, the Texas-based company announced on Tuesday (Oct. Still, some results disappointed investors.

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Walgreens Launches New Loyalty Program, Ups Same-Day Service

PYMNTS

Customers can shop online or using a revamped mobile app for “health and wellness items, and then pick them up in the store, curbside or at the drive-thru in as little as 30 minutes,” per the release. Puerto Rico and the U.S. Certain restrictions apply, such as for Walgreens locations that aren’t open 24 hours a day.

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Walgreens Teams With Postmates For Expanded Delivery

PYMNTS

People can place orders using the Postmates mobile app or by visiting postmates.com online. 31, 2019, Walgreens had 9,277 stores in all 50 states, the District of Columbia, Puerto Rico and the U.S. With Postmates Unlimited for $9.99 per month, people can get unlimited delivery at no additional charge. Virgin Islands.

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Two weeks after Maria, Puerto Ricans struggle to move money

Payments Source

The desperation in Puerto Rico for life's essentials — food, gas, water and electricity — in the wake of Hurricane Maria illustrates the need for payments providers to move as quickly as possible to get the U.S. territory in a position to reinstate some semblance of modern commerce.

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Popular Becomes Second To Launch Credit Cards For Use In Cuba

PYMNTS

and the first in Puerto Rico to offer its credit cards for use in Cuba. In a press release , Popular said the Mastercard credit cards of its two banking subsidiaries, Banco Popular de Puerto Rico and Popular Community Bank, can be used at any of Cuba’s authorized merchants and ATMs throughout the country.