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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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No Candy: Godiva To Close US Stores

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retail presence in recent decades, is reversing course and closing all its North American brick-and-mortar locations, according to numerous online news sources citing a company statement. They are in 31 states and Puerto Rico. Godiva, the maker of high-end chocolates that significantly expanded its U.S.

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MoneyGram Extends Relationship With Walmart

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Puerto Rico and on its digital platform at walmart.moneygram.com. MoneyGram International , the global peer-to-peer payment and money transfer company, has extended to its relationship with Walmart Inc. through March 2024, the Texas-based company announced on Tuesday (Oct.

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Adult Sneakers Drive Shoe Carnival’s Record Q3 Sales

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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. Shoe Carnival opened one new location this year and closed 13 of its 385 stores.

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This Week In Retail: Funding, Finance And Tech

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This week in retail, we’ve seen news coming in from multiple sides, including that of Apple’s projected increase in smartwatch sales , U.K. The discount retailer has also announced two partnerships this week, one with Google and one with IBM. Virgin Islands. Virgin Islands consumers.

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Walgreens Launches New Loyalty Program, Ups Same-Day Service

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In a press release , the company said it aims to provide its customers with the “fastest same-day retail pickup offering available today.” Puerto Rico and the U.S. Walgreens said the previous version of its app had been downloaded more than 65 million times and that its current loyalty program has more than 100 million members.