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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. Puerto Rico is still trying to recover from Hurricane Maria , which devastated the island in 2017. The department is actively trying to get the money back.

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Report: ABG May Buy Bankrupt Ann Taylor Parent Firm Ascena

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The New Jersey-based company operates about 3,000 stores, mostly at malls. Last week, bankrupt Brooks Brothers announced SPARC Group LLC, a venture created by ABG and Simon, bid $305 million to purchase its global operations as a going concern. It has suffered from weak sales and has also been hurt by debt. billion debt.

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How DraftKings Keeps Onboarding Security Swift And Out Of Sight

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Sports and fantasy sports gambling operations are a big deal in the U.S., The market has the potential to expand even further, too, as Puerto Rico is reportedly considering legalization. . with consumers betting more than $990 million in January alone.

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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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TransferMate Gets Payment License In Singapore; Shanghai Commercial Bank Teams With EMQ

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and Puerto Rico in addition to Canada, New Zealand and Australia, among other places. Through the tie-up, the SCB payment platform would integrate with the network of EMQ to reportedly offer cost-effective as well as secure cross-border solutions. As it stands, the company has license approval in 49 U.S. states along with D.C.

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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.”.

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Popular turns 128 years old.

PopularBank

Popular Bank Chief Operating Officer Manuel Chinea reflects on Popular today. The pandemic, undoubtedly, has heightened the importance of financial viability and security for individuals and businesses alike. billion in both rounds of the program, assisting clients in Puerto Rico, the U.S.