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Austin Is Bringing The FinTech Heat

PYMNTS

That couldn’t ring truer for the state’s capital, which many consider to have a tech scene bursting with potential and growth. Though Austin may fall in the shadows of bigger U.S. Before we jump into the post, here are a few quick facts about Austin and its tech scene: Austin has an estimated population of approximately 931,830 people.

Austin 100
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Market your community bank with first-party data

Independent Banker

Community banks own an enviable amount of data, but not all are leveraging it to its fullest extent. By Mindy Charski People share important data about themselves with their community bank in myriad ways. Data about existing customers can even help community banks improve their efforts to find new customers.

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A bridge to affordable housing

Independent Banker

Daniel Galindo, pictured, and Doug Schaeffer of Woodforest National Bank helped involve the community bank in providing funding for and access to affordable housing. We worked with the Texas Department of Housing and Community Affairs to jumpstart its down payment assistance program,” recalls Schaeffer. “We

Austin 91
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Home COVID Test Startup Everlywell Nets $75 Million For Investor Liquidity

PYMNTS

Everlywell , an Austin, Texas-based producer of home tests for COVID-19 and other diseases and health conditions, has raised $75 million on top of a recent $175 million Series D round, according to published reports.

Austin 187
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Registration deadline approaching - Risk management summit 2017

Abrigo

In September 2016, more than 240 bankers and industry experts from both community banks and credit unions attended the Risk Management Summit in Austin, Texas. The Summit is the industry’s leading life-of-loan conference, spanning business development through portfolio risk management in a CECL - current expected credit loss - world.

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FinCEN AML/CTF Priorities Part 8: Drug Trafficking Organizations

Abrigo

Danielle Austin-Rios , CAMS also contributed to this article From drug cartels to street gangs, the illegal drug market has been a consistent moneymaker for drug trafficking organizations (DTOs), and there is no end or slowdown in sight. Start with Part 1: Implications for Community Financial Institutions. Trade-Based Money Laundering.

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.