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FEMA Looks At Blockchain To Aid Disaster Payouts

PYMNTS

These steps would allow much more rapid liquidation of an insurance policy, including a ‘disaster dividend,’ or a ‘harm’s way’ claim, which could be used to pay for evacuation-related expenses,” the agency stated in its latest National Advisory Draft Report to the FEMA Administrator.

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NEN Widens USAT Partnership For Cashless Payments Growth

PYMNTS

Cashless payments firm USA Technologies (USAT) is expanding its partnership with amusement kiosk operator National Entertainment Network (NEN) to bring expanded cashless payment options to more vending machines and devices, the companies announced in a press release on Friday (Nov. and Puerto Rico.

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Corporate Debt Has A Bad Side

PYMNTS

Analysts say the nation is facing a 10-year high of bad corporate loans. 70 billion in debts are threatening to cripple Puerto Rico , the result of the government borrowing to keep its state-run businesses afloat, among other factors. Renegotiated loans at Brazil’s top lender spiked to $6.8

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China, Alibaba Are Big Players On The Blockchain Patent Block

PYMNTS

Puerto Rico is looking at ways to beef up the performance and security of the electric grid itself, following hurricanes that struck last year. The United Nations, in addition, will host a conference next year for its Environment Assembly, aimed at exploring innovation (and in part, blockchain).

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Unemployment Filings Top 3.1M Across US

PYMNTS

Total claims filed since COVID-19 hit the nation in March have topped 30 million. The highest insured unemployment rates in the week ending April 18 were in Vermont (25.2), West Virginia (21.9), Michigan (21.7), Rhode Island (20.4), Nevada (19.9), Connecticut (18.7), Puerto Rico (17.9), Georgia (17.3), New York (17.2)

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Facebook CMO Leaving To Focus On Promoting Diversity In Tech

PYMNTS

It is a time for reckoning for our nation and industry, and it is time for me to play a more active part in accelerating change. His Facebook corporate profile states that he was born in Spain and grew up in Puerto Rico. “In leaving Facebook, I am nothing but grateful,” he wrote.

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Youths Participate in Banking Basics Webinar with Popular Bank and NPRDP

PopularBank

90 Recipients of the 2021 National Puerto Rican Day Parade Scholarship Program Learn How to Manage Their Finances. Popular Bank proudly supported the National Puerto Rican Day Parade (NPRDP) and made a $25,000 gift toward the 2021 NPRDP National Scholarship Program. Financial habits for the next generation.