07:50 PM EST Share The project is the first of two city-backed infrastructure projects linked to the construction of FIS’s Brooklyn headquarters.
Jacksonville City Council approved a $3.5 million city-backed construction completion grant for Blue Cross and Blue Shield of Florida Inc.’s Brooklyn parking garage at 800 Forest St.
Council voted 18-0 to approve Ordinance 2020-0756 that appropriates the grant for the insurance company’s four-level, 869-space, 269,080-square-foot garage that’s now complete.
The grant is tied to Fidelity National Information Services Inc.’s $156 million, 12-story headquarters under construction at 347 Riverside Ave.
The Downtown Investment Authority offered Florida Blue the taxpayer incentive and the city-owned Forest Street property so that the insurer could make its former 4½-acre riverfront surface lot available for the FIS project.
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Matt is a Certified Financial Planner based in South Carolina who has been writing for The Motley Fool since 2012. Matt specializes in writing about bank stocks, REITs, and personal finance, but he loves any investment at the right price. Follow him on Twitter to keep up with his latest work!
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Obviously, nobody has a crystal ball that can predict exactly how the future of any industry will play out. But in the financial technology, or fintech space, asking one of the leaders of the company that is widely credited with pioneering the fintech revolution is the next best thing.
Author Bio
Matt is a Certified Financial Planner based in South Carolina who has been writing for The Motley Fool since 2012. Matt specializes in writing about bank stocks, REITs, and personal finance, but he loves any investment at the right price. Follow him on Twitter to keep up with his latest work!
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The COVID-19 pandemic was obviously a terrible situation for millions of people and businesses around the world. However, it also provided a tailwind for the global digital transformation, and this has had a big effect on the financial technology, or fintech industry.
In this Jan. 14
Fool Live video clip, Fool.com contributor Matt Frankel, CFP, sits down with Jim Johnson, head of merchant services for
Author Bio
Matt is a Certified Financial Planner based in South Carolina who has been writing for The Motley Fool since 2012. Matt specializes in writing about bank stocks, REITs, and personal finance, but he loves any investment at the right price. Follow him on Twitter to keep up with his latest work!
Follow @TMFMathGuy
The payment processing industry has grown dramatically over the past decade or so, as more people have adopted cashless methods of payment. Companies like
Fidelity National Information Services (NYSE:FIS) are moving trillions of dollars around the world each year.
This begs the question: Does the payment processing space still have room to grow, or is the cashless payment trend starting to reach its limits? In this Jan. 14