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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.

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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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Popular in Puerto Rico urged by activist investor to sell

Payments Source

Raging Capital Management also urged the company's board to repurchase stock and think about selling a minority stake in the payments processor Evertec.

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FEMA Looks At Blockchain To Aid Disaster Payouts

PYMNTS

The report cited disasters, such as Hurricanes Maria in Puerto Rico or Harvey in Texas, where those affected might not have any access to the information needed to file a claim, such as policy documents, land ownership records, personal identification and more.

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Popular in Puerto Rico Posts Lower Profit on Loss-Share Ruling

American Banker

in San Juan, Puerto Rico, said its quarterly profit fell after losing an arbitration dispute with the Federal Deposit Insurance Corp. Popular Inc.

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Popular in Puerto Rico to Record $115M Charge Tied to FDIC Dispute

American Banker

in San Juan, Puerto Rico, will absorb another hit to its earnings tied to a dispute with the Federal Deposit Insurance Corp. Popular Inc.

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Popular Bank Implements Branch Realignment in the New York Metro Region to Enhance Focus on Communities and Small Business Support

PopularBank

SAN JUAN, Puerto Rico – October 28, 2020 – Popular, Inc. NASDAQ: BPOP) is the leading financial institution in Puerto Rico, by both assets and deposits, and ranks among the top 50 U.S. As part of the realignment, select branches of Popular Bank will be consolidated, resulting in 11 branch closures. Virgin Islands.