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Puerto Rico Falls Prey To $4M Online Fraud

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An online scam targeted $4 million in retirement funds from at least four Puerto Rico agencies, according to reports on Thursday (Feb. Agencies affected include the Puerto Rico Industrial Development Co. and the Puerto Rico Tourism Co. The finance director at the Puerto Rico Industrial Development Co.

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Report: ABG May Buy Bankrupt Ann Taylor Parent Firm Ascena

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ABG has emerged as a major player in retail mergers and acquisitions as the COVID-19 crisis hurts brick-and-mortar stores while fueling online sales. In its Chapter 11 filing, Ascena wrote that it reached a restructuring agreement with 68 percent of its secured term lenders and received $150 million in new loans. billion debt.

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How DraftKings Keeps Onboarding Security Swift And Out Of Sight

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The market has the potential to expand even further, too, as Puerto Rico is reportedly considering legalization. . Many betting operations are tempting targets for fraudsters and other bad actors, however – especially online operations that do not require face-to-face customer interaction.

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

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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. Also, Flywire raised $120 million and acquired Simplee Healthcare.

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PayPal Extras Mastercard Program Renewed

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and Puerto Rico. “We In this increasingly digital world, we are providing PayPal cardholders with the most advanced and secure technologies, giving them the core guarantees and benefits they’ve come to expect from Mastercard, regardless of how and where they pay.”. “In

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Retail Pulse: Stein Mart Plans Amazon Locker Rollout; Dressbarn Stores To Close

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Through the service, Amazon customers will be able to tap into secure delivery at almost 200 of the retailer’s locations. “We The company said that shipping to the lockers at its locations is “easy, secure and available at no additional cost.”. Amazon, too, is still taking a large share of the online apparel market.

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Equipping Disaster Workers With Card-Based Financial Tools

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and Hurricane Maria shook Puerto Rico — meaning the impacts were widely felt. The cards provide security against loss or theft, too, as they can immediately and remotely be shut down by non-profit staff from an office or a phone. Natural disasters shook the world in 2017. A magnitude 7.1 In fact, nearly 8 percent of the U.S.

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