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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.”. from 2016 until its sale in 2018.

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How Small Restaurants Are Doorstopping DoorDash

PYMNTS

DoorDash has been a delivery service on the go, particularly throughout the summer and in the fall of 2018. That followed a $535 million round led by SoftBank , Sequoia Capital and GIC earlier this year, bringing the food delivery company to a $1.4 and Canada, eyeing an expansion to 2,000 cities by the end of 2018.

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FIS Buys Worldpay In $35B Cash, Stock Deal

PYMNTS

Once the deal is closed, the combined company will offer enterprise banking, payments, capital markets and global eCommerce services to financial institutions and businesses around the world. As a combined organization, we will bring the most modern solutions targeted at the highest growth markets. billion and $4.9

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Amazon, Walmart And Target Woo All Channel Consumers With Delivery, New Payment Options

PYMNTS

As a result, Target has been rolling out delivery to its customers in several major markets after acquiring Shipt for $550 million in cash in Dec. We’re going to be in all the major markets, and we bring a breadth of assortment that is not just food and beverage and grocery. million households. Almost 10 percent — or 9.1

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Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

PYMNTS

“Verizon launched the world’s first commercial 5G Ultra Wideband network in October 2018 with the rollout of 5G Home broadband internet service in Houston, Los Angeles, Sacramento and Indianapolis,” the company said. 5G Potential. 5G Potential. A glimpse of the 5G future recently came from the Mobile World Congress in Barcelona.

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A Decade On, Lending Transformed By Crisis And Innovation

PYMNTS

But a standstill in the credit markets created a vacuum for a bit, at least along traditional lending conduits. Much has been said about the wealth effect of those who held and hold stock market securities, and much has been written about income disparity. The rise of FinTech offers a bit of a prism through which to view those events.

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Big Names Embark On Spring Hiring Sprees

PYMNTS

Standing one’s ground in an Amazon -dominated retail market doesn’t happen by accident. Discount-grocery chain Aldi has announced several hiring events across states including Michigan, Vermont, Connecticut, Virginia, New Jersey and Florida. The company is investing $3.4

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