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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. Filling a need.

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How Mobile Apps Can Help Restaurants Make Loyalty Rewarding

PYMNTS

The National Restaurant Association recently reported that the industry lost $120 billion during the pandemic’s first three months and that these losses could total $240 billion by the end of the year. The Tampa, Florida-based chain was publicly held until 2017, when it was purchased by Oak Hill Capital Partners for $525 million.

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Data Dive: New Things Edition – Wells Fargo, Amazon And Bitcoin

PYMNTS

The online retail giant just announced a plan to create over 5,000 new part-time roles over the next year as part of its Virtual Customer Service program — a program that essentially allows employees to work from home in customer service. Japan Gives Bitcoin a Big Thumbs Up. After some setback in the U.S. Yes, we checked. A few times.

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Popular Bank’s Commitment to Our Customers and Communities

PopularBank

As we face the immediate and serious health concerns as a community, we are also seeing a much wider impact on all our lives as well as our local, national, and global economies. We are well capitalized and institutionally sound. In these uncertain times, we are all working together to navigate our new normal.

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Whole Paycheck Tracker: Accelerating Automation To Capture Consumer Spend

PYMNTS

With the additions, Prime delivery is now online in 75 U.S. Soon 1,500 autonomous floor-cleaning robots will join the team, along with 300 shelf-scanning robots to check inventory, 1,200 delivery-sorting robots to collaborate with the shelf-scanning robots and 900 automated “pickup towers” for online orders. told Adweek.

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Community Banks Aim To Amplify Competitive Edge With FinTechs

PYMNTS

“Community banks are much better positioned to provide personalized service to small business customers; large national banks simply aren’t equipped or motivated to do so.”. The FI said earlier this month it would be working with Funding Circle and providing funds to be lent to SMBs through the online platform.

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B2B Venture Capital Spans SMB Banking, V-Cards, Global Payments And More

PYMNTS

In total, more than $68 million in venture capital was announced — but that’s not counting the $130 million round for one U.K. Below, find the latest in B2B venture capital funding. million in seed funding, Back Office, based in Florida, plans to enhance the technology behind its small business accounting automation tool.

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