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Robinhood accused of offering snafu credits to squelch suit

Bank Innovation

facing lawsuits over crashes on its trading platform amid violent stock market swings, is now being accused of offering a “$75 goodwill credit” to dupe customers into waiving their legal rights. Attorneys for users who are suing the beleaguered online brokerage company asked a federal judge in Florida to order Robinhood to […].

Florida 284
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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. Zillow then gets the house ready to sell and puts it on the market. “We’re

Florida 109
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7-Eleven Launches Beer Delivery In Select US Markets

PYMNTS

” According to Fortune , the company will test the service in 18 markets: Austin, Texas; Charlotte, North Carolina; Chicago, Illinois; Dallas-Ft. Louis, Missouri; and Tampa, Florida. We’re always looking to innovate and disrupt,” Singh said. Customers can place their beer orders via the 7Now app.

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Here is The Math Behind the High-Yield Account

South State Correspondent

There have been many a banker who has said they want to offer a high-yield account because the “higher interest expense is just like paying marketing costs.” However, the majority of customers require a referral, a marketing effort and a sales effort to bring them in the door. Not bad, but not great.

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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. After looking at the consolidation in our market, we concluded that the lack of community banks was the reason.”. By Katie Kuehner-Hebert.

Florida 91
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Today In Retail: FedEx Concludes ShopRunner Acquisition; Save A Lot Sells 51 Stores To Fresh Encounter

PYMNTS

concluded its previously announced purchase of ShopRunner, while Save A Lot unveiled the sale of 51 stores run by the company in the Tampa, Florida market to Fresh Encounter. Save A Lot, the discount grocery retailer, revealed the sale of 51 stores operated by the firm in the Tampa, Florida market to Fresh Encounter.

Tampa 188
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When B2B Payments Innovation Is All Talk, No Action

PYMNTS

It was only (relatively) recently that B2B payments finally secured significant attention and investment from innovators. Heistand, while Florida Funders, Loeb.nyc, Zach Coelius, Mobile Financial Partners and angel investors also participated in the funding. “There’s big money being thrown into the B2B space.