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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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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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Petco’s $864 Million IPO Beats Forecasts 

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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.

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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.

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Staples To Debut New Store Format With Coworking, Podcasting

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Retail, said per the announcement, “We recognize that the way people shop is changing, and with the launch of Staples Connect, we are adapting to fit the needs of our customers.” The store also houses the Staples Studio coworking concept that the retailer has been launching in some Massachusetts locations, as well as three Canadian locations.