Credit card debt and inflation are pushing more people in the U.S. and Puerto Rico into financial stress. #NewsismyBusiness
i2c, a leading provider of digital payment and banking technology, has partnered with Puerto Rico’s Bancrédito International Bank & Trust Corporation (Bancrédito) to power its new American Express Black Card in Puerto Rico. i2c’s highly configurable global platform supports integration with American Express, the program’s multi-purse capabilities and more. The Bancrédito Black American Express Card includes contactless technology for purchases, a […]
Walgreens has introduced the new myWalgreens Credit Card program, featuring two retail health and wellness credit cards, issued by Synchrony Bank. The program and the cards will be available in Puerto Rico, News is my Business confirmed. The myWalgreens Mastercard and the myWalgreens Credit Card are the first-ever of their kind to reward more personalized […]
The new service, known in the market as “digital wallet,” allows customers to make payments at business establishments without having to physically show their card.
Oriental Bank has launched SecurLOCK, a free mobile phone app (for iOS and Android) that customers can use to control and protect credit and debit cards.
Looking to reach new demographic segments and increase its market share, FirstBank unveiled a new promotion on its Beyond credit cards.
FirstBank and Gustazos.com, an online platform that sells group discount offers, recently joined forces to provide additional benefit to the bank’s customers in the form of credit card points.
After a successful pilot program, FirstBank recently became the first Puerto Rican bank to offer an EMV chip credit card product for its Beyond Ultimate World Elite MasterCard.
Credit card processing firm TSYS announced Wednesday it has signed a long-term payments agreement with FirstBank Puerto Rico to provide payment processing for the bank’s consumer credit card portfolio.
JetBlue Airways, Puerto Rico’s largest carrier, announced Thursday plans to add two routes from San Juan: Punta Cana and Santiago, in the Dominican Republic, starting in May 2013. The routes will fill a gap left by American Eagle when it scaled back operations out of the Luis Muñoz Marín Airport.
Puerto Rico’s inclusion in MasterCard’s “Priceless Cities” program has resulted in higher-than-expected levels of success during its first year and is now being set up for an expansion beyond the San Juan metropolitan area into other towns with brisk tourism activity.
Puerto Rico’s tourist taxi fleet is racing into the 21st century through the adoption of new multimedia equipment able to offer tourist information, directions and accept a variety of payment methods, including credit cards, Tourism Company Executive Director Luis Rivera-Marín announced Monday.
First BanCorp, the bank holding company for FirstBank Puerto Rico reported Monday a net loss of $13.2 million for the first quarter of 2012, which included a non-cash charge of $6.2 million related to equity in losses of unconsolidated entities.
Banco Popular announced Monday it has entered into an agreement with American Airlines Inc. to become the exclusive issuer of AAdvantage co-branded credit cards in Puerto Rico and the U.S. Virgin Islands, and the acquisition of the Citi/AAdvantage co-branded credit card portfolio, which represents approximately $130 million in balances.
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