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American Dream?Miami Receives Approval From Florida Officials

PYMNTS

million-square-foot American Dream Miami — potentially the most expensive mall ever built — has received approval from officials in a Florida county. American Dream Miami will include 2,000 hotel rooms, along with features such as an ice-climbing wall, an indoor ski slope and a water park that will supposedly come with a “submarine lake.”

Miami 115
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How Swap.com Kept Fraudsters From Ruining Christmas

PYMNTS

Experts predicted that online commerce over the holidays would increase 35 percent from the previous year, while brick-and-mortar retail sales were expected to decline by 4.7 percent — a large jump even considering the gradual, long-standing trend toward increased online commerce. It turns out there was a big data breach. …

Fraud 143
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Latin America Tries To Tackle Its Digital Security Problem

PYMNTS

But the recent thefts, along with other attempted and completed cyberattacks, demonstrate why payments officials in the region are expressing fresh concern about financial security there. Evidence of that comes from Swift’s Latin America Regional Conference , held earlier this month in Miami. Fraud is a Top Worry. Growing Awareness.

America 102
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How US Mobile Leverages Digital Identity To Protect Against SIM Swap Fraud

PYMNTS

Digital identity has become a crucial part of the telecommunications industry as the proliferation of smartphones and the personal data they hold makes security paramount. Multifactor authentication (MFA) has become commonplace for online accounts, with users confirming their identities via text messages sent to their phones.

Fraud 178
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Building An Online Brand, In Real Life (#IRL)

PYMNTS

And, rather than spending on overhead costs like stores and inventory, the company launched online, selling directly to consumers. There’s nothing more disappointing than ordering something online and it not being up to the quality you expect and that you paid for. The future of footwear may just be digital.

Online 100
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YayYo Gears Up For U.S. IPO

PYMNTS

YayYo, the online ridesharing company, is gearing up an initial public offering (IPO) in the U.S. Seeking Alpha , citing an S-1/A registration with the Securities and Exchange Commission (SEC), reported the company is aiming to raise $5 million in gross proceeds from the IPO. GMT, putting us [at] over 10 billion completed trips.”.

Denver 100
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A digital-first bank for south Florida

Independent Banker

While the $55 million-asset community bank has one brick-and-mortar branch in Fort Lauderdale, Locality Bank will serve customers primarily through its online and mobile applications. 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