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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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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. It should be noted that almost all mortgage security finance (i.e.,

Lending 148
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Bitcoin Daily: Ex-SoFi Head Pairs Blockchain With Lending; Fidelity Trials Bitcoin ‘Lightning’ Payments

PYMNTS

In Wednesday’s tweets, Cryptopia said it is “securing each wallet individually” for trading resumes. According to Bloomberg , Cagney’s new company, Figure , uses blockchain technology to supply home equity lending online in as little as five days. Randall Crater, the principal operator of My Big Coin Pay, Inc.,

Bitcoin 129
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Can a Mobile Lending App Save Millennial Credit Ratings?

Bank Innovation

It will reach Texas, Florida and New York in the next 10 to 12 months, according to the company, which claims that, in less than three Read More. Millennials hate credit — but a new service called Lenny is out to change that. Lenny is meant for mobile (of course) and launched today in California.

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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. Based in Florida, the company is a FinTech payment as a service provider and offers services across a B2B focused hub, spanning accounts payable and receivables. million tally.

Lending 116
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FIS Connects With Lenders On COVID-19 Relief For Small Businesses

PYMNTS

Florida-based FinTech FIS is helping lenders provide Small Business Administration (SBA) loans under the coronavirus stimulus package, the company announced Friday (April 3). merchants and retailers enrolled in the Worldpay from FIS iQ online portal. small businesses and merchants impacted by the COVID-19 pandemic.

Florida 141
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B2B Investors Get Smart About Business Intelligence

PYMNTS

million with B2B startups this past week, and while investment targets were diverse (including B2B eCommerce and small business lending), the bulk of the funding landed at companies focused on enhancing businesses’ ability to assess their performance. Investors placed more than $136.5 The rundown of the latest funding rounds is below.

Analytics 105