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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.

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Google Becomes $450M Investor In ADT For Home Security Tie-Up

PYMNTS

s Google is expanding its reach into the home-security business by buying a $450 million stake in ADT, the Florida-based provider of security and smart-home solutions. 3) that it’s entered into a long-term partnership with ADT to create what the companies are calling the next generation of smart-home security offerings.

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Bitcoin Daily: Hdac, CertiK Partner For Blockchain-Powered IoT; Tezos Expected To Settle Securities Lawsuit With $25M Settlement

PYMNTS

Connie Ngo , CertiK’s marketing manager, told CoinDesk in an email that the companies agreed “it would make sense to formally partner with one another as a public promise of Hdac’s focus on security and a symbol of CertiK’s ability to support larger enterprise-level solutions such as Hdac’s.”

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US DOJ Charges 14 With $28M In PPP Fraud

PYMNTS

In Florida, nine defendants have been charged in the U.S District Court for the Southern District of Florida with wire and bank fraud and conspiracy for seeking $24 million in forgivable PPP loans. Mckenzie, 38, of Miami Gardens, Florida; Andre M. The defendants include Damion O.

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Bitcoin Daily: Unicas Opens Physical Crypto Bank Branch In India; Mayor Eyes Investing 1 Pct Of Miami's Reserves In Bitcoin

PYMNTS

“This will allow us to build, scale and offer customized financial and crypto products for the local Indian markets,” said Unicas Chief Executive Dinesh Kukreja said in a prepared statement. AMBCrypto reported Wednesday (Dec. Meanwhile, BitGo Inc. ,

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Bitcoin Daily: CFTC Charges Four In Alleged Crypto Scam; ECB Gets First Collectible Crypto

PYMNTS

Three individuals from Texas and one individual from Florida were named as defendants. Securities and Exchange Commission (SEC) filing. District Court against four people for allegedly “fraudulently soliciting funds” from individuals to attempt to wager on changes in the price of bitcoin, according to a press release.

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

PYMNTS

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 The success of this Series A funding underscores the broad market demand for digital AML/KYC technologies that have risen amid the pandemic. billion by 2024.

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