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A digital-first bank for south Florida

Independent Banker

Banking veteran Keith Costello cofounded Locality Bank, where he serves as president and CEO, to champion for south Florida small businesses financially affected by the pandemic. Costello has also held senior roles at Bank of Florida, City National Bank and Nations Bank during his 30-year banking career. By Katie Kuehner-Hebert.

Florida 91
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Branching Out: Physical Locations Boost CUs' Digital Plans

PYMNTS

Many CUs have since leaned into these efforts with digital innovations aimed at a range of issues, such as tackling fraud or enhancing members’ remote banking access. Houston-based First Service Credit Union has selected a third-party provider’s digital banking suite to enhance its members’ online access to financial services.

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A Decade On, Lending Transformed By Crisis And Innovation

PYMNTS

And in lending, with the financial crisis in the rearview mirror, a decade on, invention – okay, innovation – has become a hallmark, at least in some corners. Banks are getting into online initiatives, evidenced by Goldman Sachs building a consumer-facing business beginning two years ago and moving beyond catering only to the wealthy.

Lending 148
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Equifax Buys Commercial Credit Data Company Ansonia

PYMNTS

Among its top competitors are Florida-based Cortera, Universal Credit Services in Pennsylvania and Colorado’s Advantage Credit, according to Owler.com. million, which was up 10 percent, and within that unit, Online Information Solutions was up 7 percent for the quarter to $263 million. million.

Data 167
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B2B Investors Get Smart About Business Intelligence

PYMNTS

Business intelligence is a common theme in this week’s B2B venture capital (VC) roundup, with many startups deploying artificial intelligence (AI) and sophisticated data analytics technologies for their business customers. The rundown of the latest funding rounds is below. Fattmerchant. This week, Fattmerchant announced $10.5

Analytics 105
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How Mobile Apps Can Help Restaurants Make Loyalty Rewarding

PYMNTS

The Tampa, Florida-based chain was publicly held until 2017, when it was purchased by Oak Hill Capital Partners for $525 million. Customers can join by texting or signing up online or at the restaurant, Buchmann explained, and they can redeem their rewards at physical locations or online for pickup or delivery.

Mobile 143
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An App A Day Keeps Grocery Shoppers Coming Their Way

PYMNTS

Hunger and wasted food are two problems that can have one solution,” believes Daily Table founder Doug Rauch, former Trader Joe’s president and co-CEO of Conscious Capitalism, Inc. Up next are areas in Texas, Connecticut, Florida, Ohio and South Carolina. By 2018, Instacart plans to offer service to 80 percent of American households.