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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. After looking at the consolidation in our market, we concluded that the lack of community banks was the reason.”. By Katie Kuehner-Hebert. Filling a need.

Florida 91
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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. But a standstill in the credit markets created a vacuum for a bit, at least along traditional lending conduits. Necessity is the mother of invention.

Lending 148
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Off The Continent And Into Puerto Rico For Online SMB Lending

PYMNTS

In a partnership formed recently with Puerto Rico’s Oriental Bank, Biz2Credit said late last month that it has begun offering its digital lending platform to the bank’s commercial clients. Drilling down a bit into the Puerto Rico market in particular, Arora noted some differences between small business lending versus, say, the United States.

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SBA Turns Attention To Credit Unions To Revive Small Biz Lending

PYMNTS

The financial services market has progressed by leaps and bounds in terms of innovation, from the rise of alternative finance to the development of technologies like blockchain and open banking initiatives. author of the report and Florida Atlantic University’s Kaye Family Endowed Professor in Finance.

Lending 116
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 SMB Lending, Automation In B2B VC Focus

PYMNTS

FinTech investments targeting B2B and corporate services spanned the globe, with particular concentration this past week in SMB lending across India and Europe. The technology helps small and mid sized firms access loans from banks and other financial providers. Expansion plans include the Italian market. million tally.

Lending 116
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How Financial Institutions Focus on Customers Is Key

Abrigo

While good service 20 years ago might have focused on having fully staffed branches, today it more likely involves a blend of digital technology and face-to-face contact with staff. The session is among several panel discussions and speaker sessions that are part of the Lending + Credit Risk track at the conference, hosted by Abrigo Sept.

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Gulf Winds’ Data Driven Approach To Member Retention

PYMNTS

CUs are working hard to meet these expectations, though, leveraging tactics — such as emotional marketing — to get ahead. However, an increased emphasis on members’ emotions does not mean that CUs are falling behind technologically. Deep Dive: CUs Deploy Emotional Marketing Campaigns To Stay Competitive. About The Tracker.

Data 131