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Top 5 Emerging Fintech Hubs in The U.S.

Bank Innovation

Silicon Valley, New York City, and Boston all have thriving fintech communities, and are definitely worth a trip for the invested fintech entrepreneur, but the U.S. is already seeing a cluster of other fintech hubs emerge. Cities in Georgia, Texas, Florida, and […].

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How Seacoast Bank is Leveraging Robotics Processing Automation for M&A

Bank Innovation

A Florida bank known for its growing number of acquisitions, explains how robotics processing automation (RPA) has aided in their growth strategy. Seacoast Bank headquartered in central-Florida, with $5.9 Jeff Bray, Seacoast Bank's chief operating officer, told Bank Innovation that Orlando-based fintech, EnableSoft, […].

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$175M Acquisition Turns Community Bank Into Fintech Player

Bank Innovation

Community banks can also play the fintech game. — was acquired by Flagship, a Florida-based community bank, for $175 million. “We BankMobile — the digital bank, formerly a division of Customers Bancorp Inc. We are an independent bank,” said Luvleen Sidhu, BankMobile’s co-founder, regarding the acquisition. “We

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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.

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For FinTech, The Age Of Big Bank Collaboration?

PYMNTS

Once less than friends with FinTechs, it looks like big banks are warming to the concept of collaboration with the relatively nimbler tech upstarts. digital operations head Edward Achtner said that the bank has been eyeing such efforts as partnerships. During the discussion, HSBC U.S. Terms of the deal were not disclosed.

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When B2B Payments Innovation Is All Talk, No Action

PYMNTS

It was only (relatively) recently that B2B payments finally secured significant attention and investment from innovators. Heistand, while Florida Funders, Loeb.nyc, Zach Coelius, Mobile Financial Partners and angel investors also participated in the funding. “There’s big money being thrown into the B2B space. .”

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Digital IDs For Online Bowling, Voice Commerce, Apple’s Mobeewave Deal Top This Week’s News

PYMNTS

Senator Marco Rubio of Florida introduced a $100 billion program under the Small Business Administration (SBA) 7a program to extend long-term, inexpensive loans to small businesses. FinTech Kabbage could be seeking a sale , and in doing so, could look to garner up to $1 billion. The deal went down for $100 million.

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