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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.

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UK's Online Grocer Ocado Sued Over Patent Claims

PYMNTS

online grocery retailer Ocado is involved in a patent lawsuit over robotically-operated warehouse technology with robotics company AutoStore , Reuters reported. It has a stock market valuation of over 20 billion pounds (about $25.7 In July 2019, the companies were making the second of 20 of them in Florida.

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Robinhood accused of offering snafu credits to squelch suit

Bank Innovation

facing lawsuits over crashes on its trading platform amid violent stock market swings, is now being accused of offering a “$75 goodwill credit” to dupe customers into waiving their legal rights. Attorneys for users who are suing the beleaguered online brokerage company asked a federal judge in Florida to order Robinhood to […].

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New Report: Home Closings Go Digital With Remote Online Notary Services

PYMNTS

Cybercrime is surging during the COVID-19 pandemic as fraudsters seize on increased online activity to steal consumers’ sensitive personal details. This has led many RegTech firms to receive impressive amounts of funding, and industry analysts now predict that the global AML solution market could reach a valuation of $3.6

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Whole Foods Prime Loyalty Program Launches In Florida

PYMNTS

The program is now being offered in Florida and will be expanded to other Whole Food stores during the summer. With promotions and discounts commonplace in the grocery market industry, Whole Food is aiming to use them to go after Amazon shoppers. Organic brands have had a tough time getting U.S.

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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.

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Grocery Tracker: Food Markets’ Lag In Online Presence

PYMNTS

Grocery retailer Winn-Dixie opened a second location of its next-gen, upscale store concept in Tampa, Florida, in the beginning of November. In other organic grocery news, former Sprouts Farmers Market CEO and current Chairman Doug Sanders is reportedly stepping down from his board position effective Feb. 20 of next year.

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