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A digital-first bank for south Florida

Independent Banker

Observing the gap in pandemic relief in south Florida due to a lack of local community banks, a trio of banking veterans teamed up to form a digital-first community bank—and were granted a charter in record time to support local businesses. By Katie Kuehner-Hebert. Name: Locality Bank. Assets: $55 million. Built on a solid foundation.

Florida 91
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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. To improve the quality of their earnings, banks need their number one focus to be on making their operations more efficient. To the extent projects improve operating leverage and the total experience, so much the better.

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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

The analyst community balked at longer-term questions about the company’s liquidity even though 2019 was the company’s sixth straight year of triple-digit revenue growth with over 177,000 cars delivered and just shy of $4 billion in revenue. The Miami vending machine has a new design and is definitely an attention-getter in new markets.

Company 130
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Visa’s Authorize.Net To Provide SMBs With Offer On Super Bowl Sunday

PYMNTS

Visa , which is the official payment technology partner of the National Football League (NFL), will provide small- to medium-sized businesses (SMBs) with a one-day offer that will waive some of the costs connected with getting online and taking digital payments on Super Bowl Sunday (Feb. 7), according to a Tuesday (Feb.

Tampa 211
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Retail Pulse: Kohl’s To Curate Brands With Facebook; Domino’s Rolls Out eBike Tie-Up

PYMNTS

The retailer also plans to team with Facebook on brand curation starting next year — “identifying and engaging with brands that have built a strong online community on the social media platform.”. The service is now available to customers in communities throughout British Columbia, Ontario, Alberta and Saskatchewan, among other locations.

Branding 101
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Tech Center: Orlando Dips Its Toes Into Tech Startup Water

PYMNTS

The latest pieces of tech news to hit the Orlando tech scene are Lockheed Martin ‘s $100 million missile deal and Elon Musk’s Hyperloop One transit system that promises to get people from Miami to Orlando in 26 minutes. ND: I’ve been involved in the Orlando tech community for 10+ years.

Florida 110
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Starbucks-Alibaba Deal Does Coffee Runs In Reverse

PYMNTS

The largest food brands in the world, along with heavyweight eCommerce operators, continue to expand their delivery options and seek deals with delivery providers in order to keep an edge in this area of retail. The DoorDash delivery addition will include 300 IHOP restaurants across the nation.

Las Vegas 100