HSBC’s Banking Robot Debuts In Miami

PYMNTS

HSBC Bank USA, a unit of HSBC Group, announced Thursday (May 30) the launch of Pepper, the humanoid robot it developed with SoftBank Robotics America, in Miami. In a press release , HSBC said Pepper is being deployed in a retail branch in Miami, marking the first time Pepper has been deployed in Florida. Banking banking HSBC Miami News robot What's Hot

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Mastercard Enables Tap To Pay For Miami Commuters

PYMNTS

Mastercard is partnering with transportation solutions provider Cubic Transportation Systems, along with the Miami-Dade County Department of Transportation and Public Works (DTPW) to enable tap-and-go payments at Miami’s Metrorail stations, Mastercard said in a press release on Wednesday (Aug. My administration has been clearly focused on incorporating innovative technologies to make public transportation both hassle-free and appealing,” said Miami-Dade County Mayor Carlos A.

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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

In other news, Miami Mayor Francis Suarez, a nonstop social media cheerleader for the notion of building a high-tech ecosystem in South Florida, publicly embraced exploring using cryptocurrency to store some government financial reserves and blockchain to secure processes such as online voting.

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Miami Draws More Startups to Fill the LatAm Payments Void

Payments Source

The World Bank estimates that just one in five in the region has a credit card, and most residents still lack access to a financial institution. By any account, cash still reigns in Latin America. technology mobile global

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Supreme Court Agrees to Hear Wells vs. City of Miami Mortgage Case

American Banker

The Supreme Court on Monday agreed to hear an appeal by Wells Fargo and Bank of America in a lawsuit brought by the city of Miami to determine whether the city can seek redress for lost tax revenue from predatory mortgages. breaking_news national-regional consumer-finance mortgage law-regulation

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Regions CEO Grayson Hall Named to Atlanta Fed Board

American Banker

Regions Financial President and CEO Grayson Hall and the CEO of a Miami bank have been elected to the board of the Federal Reserve Bank of Atlanta. breaking_news national-regional law-regulation people fed al fl community-banking

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Popular Foundation Awards $216,000 in Grants to Nonprofit Organizations

PopularBank

Notably, grant winners are located throughout the regions Popular Bank serves and focus on the areas of education and youth, health and supported living, and community development. “We’re Miami, FL. Junior Achievement of Greater Miami, Inc. North Miami, FL.

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Lease Financing Drives Profits at BankUnited in Fla.

American Banker

BankUnited in Miami Lakes, Fla., breaking_news dealmaking-strategy fl performance commercial-lending fee-income earnings-community-banks national-regionalon Wednesday reported higher quarterly profits, driven in part by an uptick in fee income from equipment-lease financing.

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BankUnited Nabs Capital One Execs to Lead Equipment Finance

American Banker

Bank United in Miami Lakes, Fla., breaking_news people commercial-lending fl md national-regionalhas appointed two former Capital One Financial executives to lead its new equipment and franchise finance subsidiary.

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John Kanas to Step Down as BankUnited Chief

American Banker

1, the Miami Lakes, Fla., breaking_news dealmaking-strategy national-regionalJohn A. Kanas will step aside as president and chief executive of BankUnited on Jan. company announced in a press release Wednesday.

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Instacart Debuts 30-Minute Priority Delivery For Groceries

PYMNTS

cities — including Chicago, Los Angeles, Miami, San Diego, San Francisco and Seattle — will have access to 30-minute delivery from more than 300 store locations and dozens of grocery and specialty shop brands.

Loan Growth in N.Y. Boosts BankUnited's 1Q Profit

American Banker

Net income at the $25 billion-asset Miami Lakes, Fla., breaking_news performance fl national-regionalLoan growth, primarily in its New York market, drove BankUnited's profit higher in the first quarter. company rose 18% to $54.9 million from a year earlier. Earnings per share rose 16% to 51 cents.

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FedEx’s Latest Latin America Logistics Push 

PYMNTS

This acquisition perfectly complements the roundtrip Colombia-to-Miami flight recently announced by FedEx Express,” said Udo Lange, the chief operating officer and incoming CEO of FedEx Logistics, per a statement by FedEx on Thursday (Aug. Amazon and Walmart are but two of the marquee names focusing their efforts on the region. The number of flights has increased as well, according to the executive – direct flights between Colombia and Miami now span six days a week. “We

Visa’s Authorize.Net To Provide SMBs With Offer On Super Bowl Sunday

PYMNTS

Visa, via its partnership with the NFL, is also contributing 20 Super Bowl tickets to Black Girl Ventures , which will provide them to 10 local Black woman-owned SMBs in the Tampa and Miami areas, according to the announcement. And Visa has worked with the New York Giants, New York Jets, and San Francisco 49ers to provide grants of $60,000 overall to help Black-owned SMBs in the New York and Santa Clara, California, regions that have been affected by the pandemic, the announcement stated.

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Farmstead’s Refill Discount Program Reframes Grocery Loyalty

PYMNTS

Each market is somewhat unique — the tastes differ region by region,” said Lee. Grocery app Farmstead is reimagining loyalty with its Refill & Save program.

WU Enables Mobile Wallet Transfers Via Thunes Partnership

PYMNTS

Headquartered in Singapore, the company also has regional offices in London and Miami. Western Union announced that it has teamed up with cross-border payments network Thunes to enable customers to send funds directly into mobile wallets around the world. In addition, users of Western Union’s network of agents can also send funds directly into a recipient’s mobile wallet. “We

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PetSmart Debuts 1,500th North American Store

PYMNTS

PetSmart is already the largest specialty pet retailer in the region, and it continues to grow. Locations in Las Vegas, Atlanta, Miami, Seattle and Chicago will also feature delivery, with eight more planned to debut in the coming months. PetSmart has just reached a new retail milestone: It has opened its 1,500th store in North America. The nearly 18,000-square-foot store opened this week in Sheradin, Colo.

Startupbootcamp Rolling Out Incubator Fintech Program In Mexico

PYMNTS

The program in Mexico also has the support and involvement of global and regional leaders in financial services, including Visa, Fiinlab powered by Gentera, BanRegio, EY and the international law firm White & Case. The program will provide $15,000 in funding, direct access to key players in the regional financial services industry, specialized mentoring, free office space in Mexico City and access to a global network of investors and VCs.

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NovoPayment Launches API Platform In Latin America

PYMNTS

NovoPayment, based in Miami, offers financial and transactional services through a cloud-based platform, the company said. Right now, the Developer Hub offers 37 APIs , which cover a wide range of Latin American regions and industries, including banking, service organizations, insurance, urban delivery and transportation and travel.

Technisys helps Latin America warm to the digital revolution

The Banker Technology

Latin American banks may lag behind their counterparts elsewhere in the world when it comes to digital innovation, but German Pugliese Bassi, co-founder and chief marketing officer at Miami-based technology provider Technisys, believes that attitudes towards technology are changing, making it the ideal time to launch a digital-only bank in the region

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Zillow Brings Fast Cash Home Selling Platform To South Florida

PYMNTS

Home sellers in Miami, Fort Lauderdale and other parts of South Florida now have the option of getting a cash offer from Zillow to buy their house, the company said in a press release. Since we launched Zillow Offers a year ago, the response has been incredible, and we’re excited to bring Zillow Offers to homeowners in South Florida’s tri-county region who are looking for a stress-free way to sell their homes.”.

El Pollo Loco Fires Up AI To Personalize Loyalty Rewards

PYMNTS

The pandemic has had a dramatic impact on dining habits, but research has stressed that there are key differences among consumers from different generations and regions. Royal Perks is currently being tested in Los Angeles, Long Island, Miami, New Jersey and New York City.

Spotlight on lending: Commercial loan growth geographically

Abrigo

The list identified a significant uptick in commercial and industrial lending in the South, as 7 of the 15 community banks included are located in the region. Sageworks Senior Risk Management Consultant Garrett Morris explained, “Based on market trends and the statistics below, its clear community and regional banks are looking to compete with national institutions to grow their loan portfolios given today’s good credit quality.”

Five At Five: Apple Pay Joins eBay Ecosystem

PYMNTS

The organic grocery will now offer deliveries in New York City, Long Island and the Florida markets of Fort Lauderdale, Miami and Palm Beach. Synovus said the agreement will make it a top five regional bank, based on deposits. Welcome to Five at Five, your late look at the payments and commerce news of the day.

Rescuing The Restaurant Business From App Decline

PYMNTS

What will factor into any restaurant or restaurant group’s success in tomorrow’s online world are the numbers and demographics of just how tourist-traveled your city, town, or region is going forward. Any element of American life is tempered by the coronavirus these days.

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. Payment authorities in the region have generally kept their mouths shuts about the causes and potential fixes.

Walmart Teams With Ford, Postmates For Delivery Program

PYMNTS

Through the experimental program, which is happening in Miami-Dade County, shoppers will be able to have Postmates delivery for items ordered at Walmart. According to the blog post, the retailer currently has grocery delivery available in almost 100 metro regions and “is continuing to innovate to find new ways to serve customers – better, faster and easier.”.

Best Western Australasia Sees Voice, Contactless Digital Identity Key To Reviving Hotel Industry

PYMNTS

The feature can be used by passengers traveling from Miami International Airport to Guatemala, El Salvador, Colombia and Honduras. The pandemic has devastated the hotel and travel industries since its onset last March. The U.S.

McDonald’s Tests Delivery In Florida

PYMNTS

That’s right: In January 2017, Big Mac aficionados in Orlando, Tampa and Miami will be the first customers to try out McDonald’s new push into the food delivery space in partnership with UberEATS. Some 200 stores in the region will reportedly offer delivery options during the trial run. Whoever said, “You can’t teach an old dog new tricks” probably feels a bit silly right now.

Helping Homeowners Access Home Equity Without Debt

PYMNTS

However, he noted, there are also places like Las Vegas and Miami — both highly dependent on tourist dollars and incredibly economically vulnerable. When it comes to purchasing a home or attempting to take equity out of a home in cash form — there aren’t an awful lot of options.

Latin American FinTech Payment ‘Recipes’

PYMNTS

For its own part, NovoPayment, a digital financial services (FinServ) enabler based in Miami, which services the region via a cloud-based Open Banking platform, recently launched its Developer Hub , the first such platform to service Latin America. Developer Hub offers 41 APIs that cover a wide range of payment-related functions, as well as Latin American regions and industries, including banking, service organizations, insurance, urban delivery, and transportation and travel.

And Then There Were 20 — The Amazon HQ2 Finalists

PYMNTS

Miami, Florida. When Amazon came to Seattle, Washington, it changed the region through a boom in development to keep up with growth in employees and higher rent prices. The finalists are in, and Amazon has chosen its list of the 20 cities still in the running to be the home of its second headquarters (HQ2), according to Bloomberg reports. Austin, Boston, New York and D.C. all made the cut, as did some surprises like Columbus, Ohio.

Starbucks Hits 16.3M Mobile Users, Eyes Expanded Delivery

PYMNTS

Overall, sales were up 3 percent, and transactions were up 1 percent in the Asia-Pacific region as a whole. The two firms piloted the delivery program, starting last fall, in Miami. After a disappointing holiday quarter in 2017, the pressure was on Starbucks , which reported its most recent quarterly earnings yesterday (Jan. Investors were eager to see if the brand’s efforts to streamline its special offerings, and efforts for holiday 2018, had brewed up a merrier picture.

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Small Business Resiliency in South Florida

PopularBank

With South Florida Region Executive Israel Velasco. percent of Miami-Dade County’s workforce, well above the national reported figure of 47.5 The impact of COVID-19 has dramatically affected our small business community.

Post-Toys R Us, Retailers Vie For Experiential Toy Shoppers

PYMNTS

Since then, the retailer has grown to serve several regions including Asia, the Middle East, Africa and North America. According to CNBC , a person with knowledge of the situation said the retailer would eye places such as Chicago, Los Angeles and Miami, noting that it would consider “some of the more profitable malls in the country.” Retailers are doubling down on toys amid a gap in the market left by the bankruptcy of Toys R Us.

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