MiLB’s Jacksonville Jumbo Shrimp Hits A Payroll Homerun

PYMNTS

During the 2018 Minor League Baseball season, the Jacksonville Jumbo Shrimp drew an average of 5,000 fans to each of its games, and serving that crowd meant rallying Bragan Field at the Baseball Grounds’ army of ticket takers, ushers, concessions staff, merchandise vendors and more. The relative youth of the Jacksonville Jumbo Shrimp made it easier to test a new payroll system, as they were not overturning deeply entrenched practices. “We’re

Proposal Would Have Vystar Pay $9.76 Million for Naming Rights to Jacksonville Veterans Memorial Arena

Keith Leggett's Credit Union Watch

Jacksonville Mayor Lenny Curry is proposing a change in the name of Jacksonville Veteran Memorial Arena to Vystar Veterans Memorial Arena, according to The Florida Times-Union. Under the proposed agreement, VyStar Credit Union (Jacksonville, FL) would pay $9.76 The city would put 10 percent of those annual payments into a trust fund that would support veterans programs in Jacksonville.

VyStar CU Buying the SunTrust Tower in Jacksonville (FL)

Keith Leggett's Credit Union Watch

VyStar Credit Union (Jacksonville, FL) is buying the 23-story SunTrust Tower in Downtown Jacksonville and will rename the building VyStar Tower. VyStar expects to close on the purchase of the almost 400,000 square-foot building in the next 30 to 45 days. It will take a period of 12 to 18 months for $7.6 billion Vystar to relocate its headquarters. The price tag of the transaction was not disclosed. Read the story. HQ Spending Big

Impact Roadshow | Jacksonville, FL

Filene

10:00 a.m. - 12:00 p.m. Local Host: Jax Federal Credit Union. Filene Host: Tansley Stearns. Click the arrow below to REGISTER for this event: WHAT IS AN IMPACT ROADSHOW?

Community First CU Sponsors Jacksonville Theatre

Keith Leggett's Credit Union Watch

The Florida Times-Union is reporting that Community First Credit Union (Jacksonville, FL) has agreed to become the Florida Theatre’s first season-long sponsor and partner for all its programs and events. Financial terms of the agreement were not disclosed but both Numa Saisselin, president of the Florida Theatre, and John Hirabayashi, CEO and president of the credit union, said the commitment is substantial. The $1.4

TRENDING: Minor League Baseball, Jumbo Shrimp And A Payments Payroll Changeup

PYMNTS

Jacksonville Jumbo Shrimp Hit A Payments Home Run. The Jumbo Shrimp — a Jacksonville, Florida-based minor league baseball team — has a new, speedier employee payment solution in play.

Community First CU to be Title Sponsor of Jacksonville's Light Boat Parade

Keith Leggett's Credit Union Watch

Community First Credit Union has agreed to be a title sponsor of Jacksonville''s Light Boat Parade for at least the next three years. Organizers hope to have at least 100 boats participate in the parade. After the boat parade, there will be a fireworks show. Community First and Gator Bowl Sports declined to disclose the dollar amount for the credit union’s sponsorship. But is sponsoring a boat parade consistent with the tax-exempt purpose of a credit union? Read more.

FIS to Help Stand Up Digital-Only Banks Within 90 Days

Bank Innovation

The Jacksonville, Fla.-based Fintech provider FIS aims to help financial institutions lacking the in-house firepower to launch their own direct-to-consumer digital-only banks to do so in just 90 days.

Bank Fraud Case Exposed by Unusual Source

ABA Community Banking

Six people were arrested last week of bank fraud in Jacksonville, Florida Feature Risk Management AML & Fraud Customers Operational Risk Cyberfraud/ID Theft Feature3. 1Risk Management

Update on VyStar CU's Purchase of Downtown Office Tower

Keith Leggett's Credit Union Watch

On June 7th , I reported on the purchase of a downtown Jacksonville office tower by VyStar Credit Union (Jacksonville, FL). The Jacksonville Daily Record is reporting that VyStar paid $59 million for the 23-story office tower. The purchase also includes a 612-space parking garage. The credit union will occupy 11 floors of the 358,278-square-foot tower. Read the story. HQ Spending Big

Most Powerful Women in Finance: No. 18, TIAA's Kathie Andrade

BankThink

billion purchase of Jacksonville, Fla.-based Fresh off helping lead TIAA's $2.5 based EverBank, Kathie Andrade took on another ambitious project this year. Women in Banking Asset management Kathie Andrade TIAA

EverBank's Largest Investor Cashes Out

American Banker

EverBank Financial's biggest investor is cashing out ahead of the Jacksonville, Fla., company's sale to TIAA. dealmaking-strategy breaking_news capital strategic-alternatives fl national-regional

Uber Expands ‘Ride Pass’ Monthly Subscription

PYMNTS

The new cities are Memphis, Tennessee; New York City, New York; Jacksonville, Florida; Dallas, Texas; St.

EverBank in Talks to Sell Itself for $2.5 Billion

American Banker

EverBank Financial in Jacksonville, Fla., confirmed that it is in talks to sell itself. breaking_news community-banking fl m-a earnings-community-banks performance dealmaking-strategy

Wirecard, Ingenico Buoyed By Worldpay Acquisition

PYMNTS

The combined companies will be located in FIS’ headquarters in Jacksonville, Florida.

TIAA to Buy EverBank in Florida for $2.5 Billion

American Banker

TIAA in New York has agreed to buy EverBank in Jacksonville, Fla. breaking_news community-banking m-a ny fl dealmaking-strategy

FIS Buys Worldpay In $35B Cash, Stock Deal

PYMNTS

The combined company will retain the FIS name and be headquartered in Jacksonville, Florida.

Timeout: We weren't ready to rename our bank yet

BankThink

Jacksonville, Fla., football fans had a strong clue that TIAA was about to rebrand its new banking unit when the signs at EverBank Field began to change. Consumer banking Marketing TIAA Florida New York

Verizon Plans Rollout Of 5G In 30 U.S. Cities In 2019

PYMNTS

Verizon will be bringing its 5G technology to 30 U.S. cities by the end of the year, according to reports. The wireless giant didn’t specify the cities or the method of deployment, but it did say it would include extremely fast millimeter wave radios. “It’s

EverBank in Fla. Plans $90 Million Subordinated Debt Sale

American Banker

EverBank Financial in Jacksonville, Fla., plans to raise $90 million through a public offering of subordinated debt. breaking_news national-regional capital fl dealmaking-strategy

Prime Now Grocery Delivery Expands Across The US

PYMNTS

In September , Amazon and Whole Foods Market brought the service to Ann Arbor, Detroit, Jacksonville, Milwaukee, Madison, Omaha, St.

Vystar Credit Union

Keith Leggett's Credit Union Watch

billion in assets credit union headquartered in Jacksonville, Florida. Vystar Credit Union is a $4.9 The credit union reported net income (profits) of almost $50.2 million and paid NO corporate income taxes

Real Estate: Where Wall Street Runs South

PYMNTS

In Jacksonville, Fla., Rent for higher-end office space located in Jacksonville is roughly $22 per square foot, 25 percent of similar rent per square foot in New York. The global financial industry is setting its sights on real estate south of Wall Street — way down south.

TIAA Names Executive Leadership After EverBank Deal

American Banker

TIAA will promote one of its own to chair its expanded bank after it buys EverBank Financial in Jacksonville, Fla. breaking_news dealmaking-strategy m-a people fl ny national-regional

AT&T Jumps On The 5G Bandwagon

PYMNTS

Dallas, Houston, Indianapolis, Jacksonville, Fla., AT&T has announced that it will be offering a 5G smartphone from Samsung in the first half of 2019. “5G 5G is going to be about more than just a network. Customers will eventually be able to connect in near real-time to unforeseen possibilities,” David Christopher, president of AT&T Mobility and Entertainment, said in a press release. Together with Samsung, we plan to bring the best in technology and innovation to our customers.

Credit Union Tax Subsidy Going to the Wealthy

Keith Leggett's Credit Union Watch

Arkansas Federal Credit Union (Jacksonville, AR) is rewarding large balance money market accounts (MMAs) with higher interest rates than accounts with lower balances.

Vystar CU to Acquire Florida Community Bank

Keith Leggett's Credit Union Watch

VyStar Credit Union (Jacksonville, FL) announced it has signed an Agreement and Plan of Merger to acquire Citizens State Bank (Perry, FL). Citizens State Bank has four branches and over $280 million in assets. Vystar Credit Union has more than $8.2 billion in assets and serves 49 counties in Central and North Florida and 4 counties in Georgia.

Guardian CU Named Title Sponsor of College Football Kickoff Game

Keith Leggett's Credit Union Watch

The game will feature Jacksonville State against Tennessee-Chattanooga. Guardian Credit Union will be the titled sponsor of a college football game starting the 2017 season in Montgomery, Alabama. The game will be called "Guardian Credit Union FCS Kickoff." The price tag of the sponsorship was not disclosed. Read the story. Naming Rights Sponsorships

Carvana Opens Largest Car Vending Machine In Tempe

PYMNTS

Jacksonville (Fla.), Carvana , the eCommerce platform for buying and selling used cars , announced Wednesday (June 20) that it has launched its largest Car Vending Machine to date, located in the company’s hometown of Tempe, Arizona. In a press release , Carvana said the machine stands nine stories high, is all glass and holds as many as 34 vehicles. It’s the third Car Vending Machine launch in June, with Tempe the 12th location for the vending machines.

TSYS Buys iMobile3, Bolstering SMB Reach

PYMNTS

To that end, TSYS said Thursday that it has bought iMobile3 , based in Jacksonville, Fla., Three months ago, the “build vs. buy” debate got a fair amount of digital ink in these digital pages, focused on merchant services. You go big, or you go home,” Philip McHugh, senior executive vice president and president, Merchant Solutions, TSYS , told PYMNTS about the competitive mindset within that space.

EverBank Review – Full Service Online Banking and Mortgages

Money Crashers

EverBank is a Jacksonville, Florida-based bank that serves Florida customers through its network of physical branches and national customers through its online bank. The company offered its first product, the Yield Pledge Checking Account, in 1999.

What’s The Reward For Early 5G Deployment? Asia Will Soon Find Out

PYMNTS

South Korea is taking an early lead in deployment of 5G , with three of the country’s telecoms recently deploying the service.

Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

PYMNTS

Score one for the Midwest: Verizon said this week (March 13) it will launch its 5G network in Chicago and Minneapolis on April 11.

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5G, Biometrics Lead The Way At Mobile World Congress

PYMNTS

Mobile 191

Arkansas Federal Credit Union Looking to Buy a Bank

Keith Leggett's Credit Union Watch

Arkansas Federal Credit Union (Jacksonville, AR) is looking to buy a bank that is deposit rich but does not have a ton of loans. According to www.Arkansasonline.com, the $1.1 billion asset credit union has already spoken to two banks about a possible merger. The immediate focus is on banks located near Little Rock; but not with branches near the credit union's branches. The credit union intends to be the first Arkansas credit union to acquire a bank. Read the story.

Cardless Cash from FIS Helps Mobile Banking Customers Make Safe, Speedy ATM Withdrawals

NetBanker

HQ: Jacksonville, Florida. This post is part of our live coverage of FinovateSpring 2015. FIS is up next with its Cardless Cash innovation for mobile banking.

Ballard Designs Expands Brick-And-Mortar Plans

PYMNTS

John’s Town Center in Jacksonville, Florida; and International Plaza in Tampa, Florida. Home décor cataloger and eStore Ballard Designs announced it will expand its brick-and-mortar prototype stores to four new locations in 2017, reported Chain Store Age. Three locations have already been chosen — Natick Mall in Natick, MA; Roosevelt Field in Garden City, NY; and South Park in Charlotte, NC — while the fourth is still being determined.

Lowe’s Now Offers Prepaid Credit Cards For Construction Crews

PYMNTS

Lowe’s new service is built on the BizNow platform, which Jacksonville, Fla.-based Lowe’s has added a prepaid solution for construction crews, using a platform from Fidelity National Information Services (FIS). PaymentsSource reported that while Lowe’s has long offered financing through its private-label credit card programs, this option is a poor fit for construction crews that need to manage ongoing expenses.

Blend of M&A, Loan Growth Boosts Ameris in Ga.

American Banker

Late in the first quarter Ameris completed its acquisition of the $502 million-asset Jacksonville Bancorp in Florida, and it finished the systems and data conversion in the second quarter. … Ameris Bancorp in Moultrie, Ga., reported a double-digit increase in profits thanks to an acquisition, organic loan growth and other factors. The $6.5 billion-asset company said Monday that its third-quarter net income climbed 38% to $21.6 million compared with the same period last year.

Data Dive, Better Together Edition: Worldpay, FIS, Google, eBay, PayPal, Instagram

PYMNTS

The combined company will retain the FIS name and will be headquartered in Jacksonville, Florida.

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Retail Pulse: FAO Schwarz To Open New Flagship; Amazon Expands Grocery Delivery

PYMNTS

In September , Amazon and Whole Foods Market brought the service to Ann Arbor, Detroit, Jacksonville, Milwaukee, Madison, Omaha, St. Brick-and-mortar retailers have closed flagship locations in recent times, but sometimes these landmark stores make a comeback.

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Florida Depositors Lodge More Complaints against CUs than Banks

Keith Leggett's Credit Union Watch

Space Coast Credit Union of Melbourne had the highest incidence of complaints, followed by MidFlorida Credit Union of Lakeland, Suncoast Credit Union of Tampa and VyStar Credit Union of Jacksonville. A study by a banking analyst once again finds that Florida depositors lodge more complaints against credit unions than banks after controlling for complaint market share versus deposit market share for the institution.

Carvana And Its Discontents

PYMNTS

cities: Tempe (Arizona), Houston, Austin, San Antonio, Dallas, Nashville (Tennessee), Raleigh (North Carolina), Charlotte (North Carolina), Jacksonville (Florida), Tampa (Florida), Orlando (Florida) and Washington, D.C. For cool concepts, it is hard to do much better than Carvana.