Evertec expands Mastercard alliance to boost payments
septiembre 16, 2025
Partnership focuses on digital transformation, security and innovation in Latin America’s financial ecosystem. #NewsismyBusiness
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MagicPay rolls out POS app for Puerto Rico, USVI markets
septiembre 16, 2025
New bilingual platform integrates ATH Business, IVU Control and advanced payment features for regional merchants. #NewsismyBusiness
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Connect Assistance integrates ATH Móvil for claim payments
1 de noviembre de 2024
The integration with ATH Móvil will substantially improve users’ experiences and transform auto claims management in Puerto Rico. #NewsismyBusiness
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GM Security Technologies, Visa promote payment security in LatAm, Caribbean
octubre 11, 2019
Cybersecurity firm GM Security Technologies and Visa announced they will work together to accelerate the adoption of “secure, compliant and trustworthy” digital payment eco-systems in Latin America and the Caribbean. Together the companies are launching the “PaySec Day” roadshow across major cities in Latin America and the Caribbean throughout the year. The PaySec Day initiative […]
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Oversight Board pursues 230+ gov’t vendors to recover $4.2B in conflictive payments
mayo 1, 2019
The Financial Oversight and Management Board for Puerto Rico filed more than 230 complaints against individuals and entities to recover some $4.2 billion in payments by the Commonwealth of Puerto Rico that were in conflict with the U.S. Bankruptcy Code and Puerto Rico law. The complaints allow the Oversight Board to ensure that the payments […]
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FEMA aid for mitigation work in P.R. could reach $30B
marzo 23, 2018
The Federal Emergency Management Agency could assign as much as $30 billion to address damage mitigation work in Puerto Rico in the wake of Hurricane María’s destruction, Alejandro De la Campa, director of the agency’s Caribbean Region II, said.
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Oriental launches new online payments service, ‘Mis Pagos’
marzo 23, 2018
Oriental announced the launch of its new online service, “Mis Pagos,” through which customers will be able to make payments to loans and credit lines through the bank’s website with a checking or savings account, or credit or debit card from any financial institution.
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Local banks give clients 3-month reprieve on payments
septiembre 27, 2017
Two of the island’s major banks, Banco Popular and FirstBank, stepped up Tuesday to help consumers during the hurricane-invoked emergency, offering three-month moratoriums a number of payments, including on mortgages and credit cards.
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PR gov’t defaults on $312M in debt, interest due Feb. 1
febrero 2, 2017
The Commonwealth of Puerto Rico defaulted on $312 million in principal and interest due Feb. 1st by four credit-issuing entities, including constitutionally protected General Obligation bonds, the government confirmed Wednesday.
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Assured Guaranty pays $42M to insured PR bondholders
enero 5, 2017
Two bond insurance subsidiaries of Assured Guaranty Ltd., together with its subsidiaries, Assured Guaranty, have made interest payments to holders of insured General Obligation and other bonds after Puerto Rico and certain of its agencies failed to pay on Jan. 3.
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New website illustrates benefits of e-payment options
junio 13, 2016
e-Nabler Corp, a Puerto Rican company dedicated to developing integrated point of sales system eMobilePOS, recently unveiled a new web page to help small- and mid-sized businesses learn about and evaluate the benefits of electronic payment systems.
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PRASA board approves fiscal strategy for next 4 months
febrero 17, 2016
The Puerto Rico Aqueduct and Sewer Authority’s board of directors approved Tuesday a plan mapping out its finances through the end of the fiscal year that is anchored on the approval of the bill establishing a new credit-issuing entity that is already facing opposition.
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ASES finds $9.7M in duplicate payments to health plans
febrero 18, 2014
The Puerto Rico Health Insurance Services Administration, or ASES in Spanish, stands to recover about $9.7 million in duplicate payments made to insurance companies for services provided to patients covered by the government’s health plan, agency Executive Director Ricardo Rivera said Monday.
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‘Practical Techie’: Payments are just a swipe away
octubre 22, 2013
Now that our island’s government is bent on developing a vigorous small-business ecosystem in Puerto Rico, it’s prudent to take a look at one strategy that would specially help local micro-enterprises consider merchandise payment options, always a tricky and complicated issue. Quick tech solutions are readily at hand.
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Electronic payment options broadening for Puerto Rico consumers
agosto 13, 2012
Puerto Rico’s electronic payment processing options are about to get a bit more interesting with the addition of new services in coming months through the Evertec Inc. network, company Executive Vice President Carlos Ramírez said during a recent interview with News is my Business in Miami.
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