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Western Union Links Puerto Rico Entrepreneurs To Cross-Border Payments

PYMNTS

Western Union (WU) is bridging small businesses (SMBs) and entrepreneurs in Puerto Rico to cross-border payment services, the financial institution (FI) said on Monday (March 11). Business Solutions’ expansion in Puerto Rico via the TuChequera.com partnership could signal an end to any possible divestment efforts.

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Popular Bank Implements Branch Realignment in the New York Metro Region to Enhance Focus on Communities and Small Business Support

PopularBank

SAN JUAN, Puerto Rico – October 28, 2020 – Popular, Inc. The branch closures, which are expected to be completed simultaneously by January 29, 2021, are projected to reduce annual operating expenses by approximately $13 million. bank holding companies by assets. Virgin Islands.

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Spanish Food Delivery Startup Glovo Shutters In Four Markets

PYMNTS

The countries exited include Turkey, Egypt, Uruguay and Puerto Rico, shrinking its audience to 22 markets with a focus on South America, Southwest Europe, Eastern Europe and Africa. The involves Glovo leaving eight out of a total 306 cities. 21) announcement.

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PetSmart Continues Brick-And-Mortar Expansion With More Store Openings

PYMNTS

In a press release, the company said the latest expansion efforts add to the 35 new stores launched during the first half of the fiscal year, bringing the total count of store openings in the region to 63 stores. Canada and Puerto Rico, and the company operates another 207 in-store PetSmart PetsHotel dog and cat boarding facilities.

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PayPal Extras Mastercard Program Renewed

PYMNTS

and Puerto Rico. “We VocaLink operates Bacs, the automated clearing house that acts as a conduit to direct credit and direct debit payments between bank accounts; Faster Payments, which is the real-time account-to-account payments service conducted over mobile, internet and phone rails; and LINK, the country’s ATM network.

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$120B Still Available As Appetite For PPP Loans Slows

PYMNTS

Small businesses are keeping their employees on payroll and earning salary,” said Steve Bulger, SBA Atlantic Regional Administrator who oversees the federal agency’s operations in New York, New Jersey, Puerto Rico and the U.S. “The Paycheck Protection Program is working. Virgin Islands. .

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CUs Try To Solve The Cannabis Cash Conundrum

PYMNTS

As reported over the weekend by the New Hampshire Union Leader , the state’s five licensed alternative treatment centers (or ATCs, which operate as medical marijuana dispensaries) have gained access to a range of financial products through the GFA Federal Credit Union , such as 401(k) plans and various insurance products.