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Retail Pulse: Rebag Opens Miami Store; Amazon Brings Second Amazon Go To NYC

PYMNTS

We are thrilled to expand Rebag’s retail footprint to the Miami community. Miami has a global reach with customers visiting from all over the world. Operating hours span from 6 a.m. It also sells its CBD products at DSW shoe stores around the country. The store is said to also take cash for payment.

Miami 100
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Popular Foundation Awards $216,000 in Grants to Nonprofit Organizations

PopularBank

Grants Will Benefit Communities Throughout New York, New Jersey, South Florida and Chicago. New York, NY – December XX, 2020 – The Popular Foundation , which is sponsored by employees of Popular Bank, has awarded a total of $216,000 to 23 nonprofit organizations serving communities throughout New York, New Jersey, South Florida and Chicago.

NJ 97
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Bolt Expands Transportation Platform To 48 States With Gotcha Tie-Up

PYMNTS

Miami-based micromobility startup Bolt , co-founded by Olympic gold medalist Usain Bolt, is expanding to 48 new markets after acquiring the assets of Last Mile Holdings, which included the mobility-as-a-service (MaaS) platform Gotcha. This was a perfect fit,” Bolt CEO Ignacio Tzoumas said in a press releas e.

Miami 188
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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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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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Cubic Wins NYC MTA MetroCard Contract Through 2022

PYMNTS

The two systems will operate in parallel until MetroCard is retired. In August, Cubic landed a $33 million contract with Miami-Dade County’s Department of Transportation and Public Works (DTPW) to modernize its EASY Card revenue management system. Bravo, director of DTPW, in a press release.

Miami 100