Remove Capital Remove Florida Remove Online Remove Operations
article thumbnail

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
article thumbnail

Costco Wholesale Broadens Online Selection Amid eCommerce Growth

PYMNTS

Amid growth in its eCommerce sales and online selections, Costco Wholesale Corporation beat analysts’ estimates for earnings , but fell short on top-line revenues for the second quarter. For buy-online-pick-up-in-store, Galanti said Costco has expanded its selection within categories such as handbags, electronics and jewelry.

Online 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

PayCargo Extends Credit To Help Supply Chain Clients Amid COVID-19

PYMNTS

PayCargo Capital (PCC) is offering short term loans and credit lines to help its supply chain customers keep the cash flow going as the coronavirus pandemic continues to disrupt business as usual. . Ocean shipping lines and cargo airlines have enormous amounts of capital tied up in artificial loans to customers.”.

Capital 141
article thumbnail

Branching Out: Physical Locations Boost CUs' Digital Plans

PYMNTS

The pandemic has cost more than 300,000 lives in the United States alone, and it has also challenged many institutions — such as credit unions (CUs) — that were never designed to operate on a primarily remote basis. Coast Capital On The Innovations Driving CUs’ Digital-First Future.

article thumbnail

 SMB Lending, Automation In B2B VC Focus

PYMNTS

The money, which came via Series D round led by Sequoia Capital India and The Three Sisters Institutional Office, brings the total tally raised to date to $81 million. The Series C round was led by CDC Group, which in turn operates as a UK government owned VC fund. Additional investors include CRV, Spark Capital and Lockheed Martin.

Lending 116
article thumbnail

How Mobile Apps Can Help Restaurants Make Loyalty Rewarding

PYMNTS

Checkers and Rally’s operated as independent chains — both serving menu items such as hamburgers, hot dogs, chicken sandwiches and seasoned fries — until the former acquired the latter in 1999. The Tampa, Florida-based chain was publicly held until 2017, when it was purchased by Oak Hill Capital Partners for $525 million.

Mobile 143
article thumbnail

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

PYMNTS

The team is moving remarkably quick,” John Mulligan, Target’s chief operations officer, said. The discount retailer continues to roll out home delivery through grocery delivery from Shipt in Florida and the Twin Cities. We will have virtually the entire store by the end of the year, so that’s a fantastic advantage.”.

eBook 100