article thumbnail

Western Union Links Puerto Rico Entrepreneurs To Cross-Border Payments

PYMNTS

Western Union (WU) is bridging small businesses (SMBs) and entrepreneurs in Puerto Rico to cross-border payment services, the financial institution (FI) said on Monday (March 11). Business Solutions’ expansion in Puerto Rico via the TuChequera.com partnership could signal an end to any possible divestment efforts.

article thumbnail

MoneyGram Extends Relationship With Walmart

PYMNTS

Puerto Rico and on its digital platform at walmart.moneygram.com. While operating income was $22 million, up 54 percent, net losses were $4.6 MoneyGram International , the global peer-to-peer payment and money transfer company, has extended to its relationship with Walmart Inc. million in Q2. “As

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

Adult Sneakers Drive Shoe Carnival’s Record Q3 Sales

PYMNTS

Currently operating in 35 states in the U.S. and Puerto Rico, the shoe retailer is planning four new locations. He added that digital marketing and eCommerce efforts “continue to far exceed expectations” with high-double-digit traffic growth and sales growth of over $20 million.

article thumbnail

Petco’s $864 Million IPO Beats Forecasts 

PYMNTS

The nationwide chain — which operates about 1,470 retail stores selling pet supplies and professional services like veterinary care — is changing its name to Petco Health and Wellness in conjunction with the listing. Mexico and Puerto Rico, including a network of more than 100 in-store veterinary hospitals.

article thumbnail

$120B Still Available As Appetite For PPP Loans Slows

PYMNTS

Small businesses are keeping their employees on payroll and earning salary,” said Steve Bulger, SBA Atlantic Regional Administrator who oversees the federal agency’s operations in New York, New Jersey, Puerto Rico and the U.S. Virgin Islands. .

article thumbnail

Can Politicians Give The Global Sharing Economy A Boost?

PYMNTS

Puerto Rico is still trying to recover from 2017’s Hurricane Maria, and much of that effort involves getting more tourists to visit the island. According to CaribbeanBusiness.com , Puerto Rico Gov. And investors are still pouring capital into companies operating in the sector.