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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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Off The Continent And Into Puerto Rico For Online SMB Lending

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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. Verticals within the SMB realm that may be receptive to online lending, he said, include manufacturing and retail.

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Adult Sneakers Drive Shoe Carnival’s Record Q3 Sales

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Our disciplined focus on financial flexibility and the strength of our business model continue to fuel our market-leading performance notwithstanding the ongoing disruption caused by the global pandemic,” Sifford added. and Puerto Rico, the shoe retailer is planning four new locations.

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DOJ, State AGs Could Combine Google Investigations

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The probe is centered on whether Google’s monopoly of the online search world – and the ensuing advertising revenue it commands – represent an illegal form of market control. states, the District of Columbia and Puerto Rico formally launched an investigation into Google. Thus far, U.S.

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Google Data Practices Under EU Antitrust Scrutiny

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In September, 50 attorneys general announced that they were launching an investigation into whether Google has abused its position in the online advertising market. The probe is being led by Texas Attorney General Ken Paxton, and involves 48 states, Puerto Rico and Washington, D.C.

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Google Antitrust Probe Widens To Include Search, Android

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In September, 50 attorneys general announced that they were launching an investigation into whether Google has abused its position in the online advertising market. The probe is being led by Texas Attorney General Ken Paxton, and involves 48 states, Puerto Rico and Washington, D.C.

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Short-Term Rental Hosts Undercut Airbnb With Pricing, Bookings

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Dissatisfied with Airbnb and other short-term rental companies, many hosts have created their own direct-booking websites to boost business and end years of frustration with the original online marketplace for lodging and its competitors, according to CNBC. Some of these websites have been in the works before the pandemic struck.