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5 questions with … FV Bank Head of Core Banking and Cards Balasubramanian

BankInovation

Head of Core Banking and Cards Madhu Balasubramanian told Bank Automation News that the San Juan, Puerto Rico-based bank considers customer needs first and technology needs second, with regard to product and service implementation. FV Bank focuses on emerging trends and nimble technology as it invests in digital.

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NEN Widens USAT Partnership For Cashless Payments Growth

PYMNTS

For more than 30 years, NEN has grown its business by bringing the best service and most innovative amusement machines to our customers, while keeping pace with the changing needs and preferences of consumers,” said Jim Sevalt, president and chief operating officer of NEN. and Puerto Rico.

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Sears Offers Online ‘LEASE IT’ Financing Program

PYMNTS

“To build on this success, we are now making it easier to lease products not just in-store, but across our digital channels, including Sears.com, Kmart.com, the Sears and Kmart apps and our Puerto Rico sites, Sears.com/pr and Kmart.com/pr,” the company wrote in a blog post.

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Lease-To-Own Services Make A Comeback With Overstock.com

PYMNTS

Overstock.com is no stranger to offering financial services — it already provides credit cards, lending, investments and insurance services to its customers. Marqeta is a card issuing and core processing platform, powering prepaid, debit and credit cards for commerce firms. Modern Takes On Lease-To-Own.

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Bancolombia, First Data Team Up On eCommerce Solutions In Colombia

PYMNTS

First Data and Bancolombia said they plan to bring the “latest payments innovations from Europe and the United States to the Colombian market,” including business management and eCommerce solutions. First Data is proud to partner with one of the most important financial institutions in the region.

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Coronavirus’s Potential To Change Healthcare Supply Chains Forever

PYMNTS

The coronavirus’ impact mirrors the supply chain and product sourcing consequences seen in 2017 during Hurricane Maria, which devastated the island of Puerto Rico, the U.S.’s Donatelli explained that each doctor has her or his own preference card, a card with a list of devices they need to perform a procedure.

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Spring Break Goes High-Tech

PYMNTS

Between March 4 and March 31 this year, Tinder users in 20 popular spring break cities – Cabo, Lake Havasu, Las Vegas, Miami, New Orleans, Puerto Rico, Puerto Vallarta, San Diego and others – were able to see the Spring Break card while swiping.