Fort Lauderdale, 33316, FL,
United States
Locality Bank_x000D_ Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by Locality Bank_x000D_ and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 30 Locality Bank_x000D_ employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Locality Bank_x000D_ has purchased the following applications: Nymbus Pay for Payment Processing in 2021, Nymbus Core for Core Banking in 2019, Microsoft 365 for Collaboration in 2022 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Locality Bank_x000D_ is running and its propensity to invest more and deepen its relationship with Nymbus , Microsoft , Salesforce or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Locality Bank_x000D_ revenues, which have grown to $5.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Locality Bank_x000D_ intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
ERP Financial Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Nymbus | Legacy | Nymbus Pay | Payment Processing | ERP Financial Management | n/a | 2021 | 2022 |
In 2021, Locality Bank IO selected Nymbus and implemented Nymbus Pay for Payment Processing to launch a digital first community bank targeting small and medium sized businesses in South Florida. The engagement leveraged the Nymbus cloud native core and payments ecosystem as the foundational architecture for account lifecycle and transaction processing.
Nymbus Pay was configured to deliver core payment processing functions alongside digital banking capabilities, including online and mobile banking channels, digital deposit services, and treasury service workflows. The implementation emphasized modular payment rails and orchestration within the Nymbus platform, aligning Payment Processing with deposit and cash management business functions.
Operational scope centered on SMB business customers in South Florida, and the program aimed to enable fast to market payments and digital deposit services through integrated core and channel workflows. Governance and operational change focused on embedding payment workflows into the bank s core operations and digital channels, coordinating product configuration, channel provisioning, and transaction monitoring across front office and treasury functions.
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ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Nymbus | Legacy | Nymbus Core | Core Banking | ERP Services and Operations | n/a | 2019 | 2019 |
In 2019 Locality Bank implemented Nymbus Core as its central core banking platform, selecting the application for its open API system. Locality Bank launched in January 2022 and serves business customers across south Florida, operating with a compact staff of roughly 30 employees and a community bank operating model.
The implementation of Nymbus Core focused on Core Banking functionality including deposit account management, transaction processing, general ledger posting, and customer onboarding workflows, with configuration emphasis on modular services and an API first integration layer. Nymbus Core was configured to support typical retail and business account servicing processes and to expose service endpoints for external channel integration and automation.
Integration activity centered on connecting the core via its open API to digital front ends and third party fintech services, enabling account servicing, payment connectivity, and back office reconciliation to be orchestrated through API calls. Operational scope covered business banking operations, deposit operations, payments processing, compliance related workflows, and IT administration, with governance coordinated across operations compliance and technology teams through a phased rollout and controlled configuration management.
The implementation narrative highlights Nymbus Core and the Core Banking category linkage, with the bank’s choice driven by open API capabilities to support rapid third party integration and digital channel orchestration.
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Digital Banking | ERP Services and Operations |
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2019 | 2019 |
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Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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| Microsoft | Legacy | Microsoft 365 | Collaboration | Collaboration | n/a | 2022 | 2022 |
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Collaboration | Collaboration |
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2022 | 2022 |
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CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Call Tracking and Recording | CRM |
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2024 | 2024 |
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Customer Experience | CRM |
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2021 | 2021 |
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Digital Advertising Platform | CRM |
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2022 | 2022 |
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Marketing Automation | CRM |
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2022 | 2022 |
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Tag Management | CRM |
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2021 | 2021 |
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TRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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AML, Fraud and Compliance | TRM |
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2023 | 2023 |
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PaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Transactional Email | PaaS |
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2022 | 2022 |
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IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Application Hosting and Computing Services | IaaS |
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2021 | 2021 |
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Content Delivery Network | IaaS |
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2021 | 2021 |
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Content Delivery Network | IaaS |
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2022 | 2022 |
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CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Identity and Access Management (IAM) | CyberSecurity |
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2024 | 2024 |
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Web Application Firewalls (WAF) | CyberSecurity |
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2022 | 2022 |
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