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Off The Continent And Into Puerto Rico For Online SMB Lending

PYMNTS

In a partnership formed recently with Puerto Rico’s Oriental Bank, Biz2Credit said late last month that it has begun offering its digital lending platform to the bank’s commercial clients. In addition, said Arora, whose firm has arranged for $1.7

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ABA and State Bankers Associations ask Federal Reserve to withdraw its debit card interchange proposed rule

CFPB Monitor

The American Bankers Association (ABA) along with 50 state bankers associations, the DC Bankers Association and Puerto Rico Bankers Association sent a letter (the “ABA Letter”) to the Federal Reserve “in strong opposition to the Federal Reserve’s misguided proposal to reduce the regulated interchange cap under Regulation II, and to ask that the proposal (..)

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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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Today In Payments Around The World: Razer Fintech, Visa Unveil Prepaid Card; SafetyPay Collaborates With LATAM’s Rappi

PYMNTS

In today’s top payments news around the world, Razer Fintech and Visa have unveiled the Razer Card prepaid card, while SafetyPay has joined forces with LATAM’s Rappi. Razer Fintech, Visa Pitch New Prepaid Card to Young Adults in Singapore. Digital Payment Firm SafetyPay Teams With LATAM's Rappi. through March 2024.

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Today in Data: AmEx’s $96M Discriminatory Payout

PYMNTS

Fair practices among credit card companies are determined by the Federal Trade Commission. One credit card company that is in hot water is American Express. 2013 | Year American Express self-reported the differences it provided for Puerto Rico and U.S. . $1 Virgin Island cards versus those in the U.S.

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Bye-Bye Amex, Hello Visa: Citi’s Costco Card Debuts

PYMNTS

Costco has bid adieu to American Express with its Visa-enabled cards finally in play. The wholesale retail giant said that, starting Monday (June 20), it has begun accepting Visa-branded credit cards at its warehouse and gas locations in the U.S. and Puerto Rico. and Puerto Rico.”.

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Join the Popular Virtual 5K Race

PopularBank

Popular Bank invites runners to participate in the Popular Virtual 5K race benefitting Domestic Violence Prevention Programs in New York, South Florida and Puerto Rico. in New York and Taller Salud and Casa Protegida Julia de Burgos in Puerto Rico. Running for a Cause.