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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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CORO Global Brings Gold Payment App To Alabama

PYMNTS

The company – and its gold trading app – just expanded its reach in the United States with the addition of a license to operate in Alabama. The Alabama Securities Commission on Tuesday (Nov. CORO says its app is designed to fend off cyberattacks through the use of hashgraph distributed ledger technology (DLT).

Alabama 233
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How Cisco Is Building The Smart Cities Of The Future

PYMNTS

IoT technology has rapidly expanded beyond in-home devices into cities worldwide. Governments and institutions in Europe, India and the United States are experimenting with IoT solutions to enhance city life, and the technology is expected to create between $4 trillion to $11 trillion in value over the next several years.

Security 252
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Smart Glasses Firm Vuzix Launches AI-Powered Facial Recognition

PYMNTS

Smart glasses company Vuzix has developed eyewear with artificial intelligence (AI)-powered technology that can recognize faces in a crowd, according to a report by TechCrunch. The company said the peripheral is especially helpful for “law enforcement and security guards on patrol,” and that it can locate 15 faces per frame in under a second.

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Verizon, UPS Team Up On Drone Delivery For Retail

PYMNTS

The companies began testing the drones last year in Florida using Verizon’s 4G network and now plan to test them on Verizon’s new 5G Ultra Wideband network. “We We will need the ability to manage and support multiple drones, flying simultaneously, dispatched from a centralized location, operating in a secure and safe environment.

Retail 179
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Why Voice Authentication’s Doing Prison Time

PYMNTS

What eventually becomes cutting-edge in retail and payments often originates in places that are dedicated to security, not commerce. New technology often starts out at the U.S. Authorities and prison technology companies say this mass biometric surveillance supports prison security and fraud prevention efforts.”.

Fraud 161
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Payments App And Device Take The Cake At Restaurant Trade Show

PYMNTS

The Florida Restaurant and Lodging Show is an annual three-day event for hospitality professionals to network, source, purchase and learn about new industry trends to follow, how to increase profits and how to ramp up their restaurant or lodging business to engage and serve customers in innovative ways. 11 through Oct.

Florida 125