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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. In partnership with Nymbus, the bank’s custom digital platform is built on a secure cloud-native core banking system with an open API architecture.

Florida 91
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Fiserv Enables SNAP Online EBT Payment Acceptance For Grocers

PYMNTS

a global payments provider, now accepts Electronic Benefits Transfer (EBT) payments at grocers, allowing Supplemental Nutrition Assistance Program (SNAP) participants to purchase groceries online for the first time, the Wisconsin-based company announced on Tuesday (May 5). brand, is accepting online EBT payment at select locations.

Online 151
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How Cisco Is Building The Smart Cities Of The Future

PYMNTS

Every network involved must be able to instantly, safely and securely connect and share information, he explained, and Cisco works with city governments to cultivate transparency and speed. We provide that network in the middle … [but] you need comprehensive IoT security architecture in any of those critical IoT environments.”. “We

Security 252
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A Decade On, Lending Transformed By Crisis And Innovation

PYMNTS

And in lending, with the financial crisis in the rearview mirror, a decade on, invention – okay, innovation – has become a hallmark, at least in some corners. Much has been said about the wealth effect of those who held and hold stock market securities, and much has been written about income disparity. Invention can become necessity.

Lending 148
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Enforcing AML/KYC Compliance When Legal Precedent Does Not Apply

PYMNTS

Biometric recognition technology uses a combination of artificial intelligence (AI) and machine learning (ML) to scan, analyze and store users’ biometric data, such as fingerprints, facial features, voices or even online browsing patterns to confirm that users are who they say they are. Digital Innovation, Legal implementation.

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How P.F. Chang’s Keeps Customer Data Under (Lettuce) Wraps

PYMNTS

The February Mobile Order-Ahead Tracker® explores the latest digital ordering developments, including new digital ordering milestones for Starbucks, the expansion of mobile order-ahead into new areas like groceries and innovative artificial intelligence (AI)-based fraud prevention solutions that could shake up the field. About the Tracker.

Data 214
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Alabama Tests Selfie Authentication To Fight Tax Fraud

PYMNTS

Identity company MorphoTrust USA looks to put a dent in tax fraud and theft by adding an additional layer of authentication security into the mix. If it’s a match, the user obtains the credential and is able to prove their identity online. “By The app compares this information against the driver’s license database record.

Alabama 101