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Walmart Plans $200M Investment In Florida

PYMNTS

To drive new-store construction and innovations, Walmart is planning on investing an estimated $200 million in its Florida business. The funds will support store openings and renovations as well as retail innovations, the company said in an announcement.

Florida 108
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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. By Katie Kuehner-Hebert. Name: Locality Bank. Assets: $55 million. Location: Fort Lauderdale, Fla. Keith Costello, Locality Bank. “We Filling a need.

Florida 91
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How The COVID-19 Pandemic Is Driving Remote Online Notarization?s Adoption

PYMNTS

These reasons are driving a surge of interest in and use of remote online notarization (RON) services, according to James Schlimmer , managing partner of Naples, Florida-based notary firm Cottrell Title & Escrow. Florida was one of the few states that had legalized RON services prior to the initial outbreak.

Online 131
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How Retailers Drive Innovation With Subscriptions (And Payments)

PYMNTS

Brick-and-mortar retailers, as well as online merchants, are offering consumers all sorts of products and services through the subscription business model, from movies to tea. Some entertainment innovators are also rolling out new subscription services. And retailers are offering innovative subscriptions for all sorts of products.

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Branching Out: Physical Locations Boost CUs' Digital Plans

PYMNTS

Many CUs have since leaned into these efforts with digital innovations aimed at a range of issues, such as tackling fraud or enhancing members’ remote banking access. The new cloud-based system can help FIs manage loans from origination and review to renewal and modification.

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How Cisco Is Building The Smart Cities Of The Future

PYMNTS

Organizations seeking to create smart cities still face challenges, however, including how best to manage the massive data flows from IoT-enabled sensors. In the smart city environment, [stakeholders] want to attract people to those cities [and] provide new and innovative services,” Butaney noted.

Security 252
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Chick-fil-A And The Power Of Payments Innovation

PYMNTS

People on social media will engage in online debate for almost any reason — sometimes no reason at all. Florida was the unique regional exception — by the numbers, the state is solidly Burger King country. According to Foursquare , the answer is yes. But this time, data scientists wanted in on the argument. 1 spot was counterintuitive.