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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. After looking at the consolidation in our market, we concluded that the lack of community banks was the reason.”. Keith Costello, Locality Bank.

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$175M Acquisition Turns Community Bank Into Fintech Player

Bank Innovation

Community banks can also play the fintech game. — was acquired by Flagship, a Florida-based community bank, for $175 million. “We BankMobile — the digital bank, formerly a division of Customers Bancorp Inc. We are an independent bank,” said Luvleen Sidhu, BankMobile’s co-founder, regarding the acquisition. “We

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Walmart Opens State-Of-The Art Online Fulfillment Center In Florida

PYMNTS

Walmart has opened a massive eCommerce fulfillment center in Florida, creating 1,500 jobs and enabling faster shipping to customers or to stores for free pickup. Chain Store Age reported that the state-of-the-art facility, located in Davenport, is 2.2 million square feet — equivalent to about 20 football fields. eCommerce supply chain.

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Starbucks Delivery Lands In South Florida Thanks To Uber Eats

PYMNTS

South Florida residents will be able to get Starbucks food and drinks delivered thanks to a new partnership with Uber Eats. According to a report in the South Florida Business Journal , the partnership between Starbucks and Uber Eats in South Florida kicked off earlier this week, enabling people to order from 100 stores.

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Fiserv Enables SNAP Online EBT Payment Acceptance For Grocers

PYMNTS

a global payments provider, now accepts Electronic Benefits Transfer (EBT) payments at grocers, allowing Supplemental Nutrition Assistance Program (SNAP) participants to purchase groceries online for the first time, the Wisconsin-based company announced on Tuesday (May 5). brand, is accepting online EBT payment at select locations.

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Top 5 Emerging Fintech Hubs in The U.S.

Bank Innovation

Silicon Valley, New York City, and Boston all have thriving fintech communities, and are definitely worth a trip for the invested fintech entrepreneur, but the U.S. These cities boast strong tech communities, talent pools, good coffee, and cheaper rents. Cities in Georgia, Texas, Florida, and […].

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Digital IDs For Online Bowling, Voice Commerce, Apple’s Mobeewave Deal Top This Week’s News

PYMNTS

Senator Marco Rubio of Florida introduced a $100 billion program under the Small Business Administration (SBA) 7a program to extend long-term, inexpensive loans to small businesses. Rubio said the program would particularly aid minority-owned businesses and low-income communities. Barrons: Online Lender Kabbage Shopping for Buyers.

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