Amazon To Create 800 New Jobs At Austin Tech Hub

PYMNTS

Amazon announced on Thursday (March 28) that it is expanding its Austin Tech Hub, and will be creating 800 new tech jobs. In the last four years, we have created more than 1,000 jobs in Austin,” said Terry Leeper, general manager of Amazon’s Austin Tech Hub, in the press release.

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Austin Will Be Third City To Test Ford’s Self-Driving Cars

PYMNTS

Ford Motor Company has chosen Austin, Texas as another city to test out and deploy self-driving vehicles, according to a report by CNBC. Sherif Marakby, CEO of Ford’s autonomous vehicle unit, said there were two main reasons Austin was chosen.

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Ford To Test Self-Driving Vehicles In Austin

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city, according to reports stating that a testing program in Austin will launch soon. Citing sources familiar with the development, the report said the test in Austin is coming ahead of the launch of its self-driving taxi and delivery services, which are slated for 2021.

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Austin Is Bringing The FinTech Heat

PYMNTS

Though Austin may fall in the shadows of bigger U.S. Nate Stewart, Group Product Manager for BigCommerce , an eCommerce platform with deep roots in Austin, provided a glimpse into what really helps Austin stand apart and why startups can’t help but flock to the city. 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 is home of 4,182 tech companies.

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Fast-growing Texas bank buying branches in Austin, San Antonio

American Banker

Spirit of Texas Bancshares is acquiring four branches and a loan production office from Simmons First National Corp. as part of an aggressive expansion in its home state. Strategic buyers Community banking Commercial real estate lending Texas

How Collectives Aim To Make Cities Into Blockchain Centers

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A group called the Austin Blockchain Collective , for instance, is looking to establish the Texas city as a hub for blockchain innovation. Approximately 140 firms that are involved in blockchain technology and crypto assets have a presence in Austin, Harris said.

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Austin Reed Can’t Find A Buyer, Will Close All 120 Stores

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retailer Austin Reed is hanging up today, though, as its parent company AlixPartners Services announced that the brand was unable to find a buyer for its troubled assets and will be pursuing liquidation instead, Reuters reported. Peter Saville, managing director of AlixPartners, said in a statement that the losses aren’t without a good deal of effort on his part to find a happy home for the now-defunct Austin Reed brand.

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Chapter 11 Watch: Austin Reed Bids Farewell, Staples Plots A New Course

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brands like apparel retailer Austin Reed, though, the weight of all that financial baggage is too much to crawl out from under. AlixPartners, the parent company of the 116-year-old retailer, admitted on Tuesday (May 31) that it was forced to shutter the Austin Reed name after no adequate buyers came forth to salvage assets after the company slid into administration in mid-April.

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BBVA hosts Amazon lockers in Austin branches

Payments Source

Add package pickup to the growing list of things banks are doing with branches as foot traffic declines. Branch banking Branch network Regional banks Bank technology Retailers Amazon

Ripple Gives $2M To Texas University For Blockchain Research

PYMNTS

As part of Ripple ’s $50 million pledge for blockchain research, the crypto firm has said it will give $2 million over five years to the McCombs School of Business at the University of Texas in Austin. Blockchain Cryptocrrency distributed ledger News Ripple school funding University of Texas at Austin What's Hot

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Hyperwallet plans new contact center payout in Austin in 2017

The Paypers

(The Paypers) Hyperwallet is planning a 24/7 support centre by launching a new Austin contact center payout for globally-dispersed payees in February 2017

These Payment Methods Can Help Provide Hurricane-Related Aid

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Other organizations do as well, such as Austin Pets Alive! Payment Methods All Hands American Red Cross Americares Apple iTunes Austin Pets Alive! As the U.S. continues to suffer from the effects of Hurricane Harvey’s path of destruction , many people are wondering how they can help by providing aid to those affected by the storm. The following quick roundup of ways to provide humanitarian assistance can help bridge the gap and assist those in need. Payments Via Text.

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Amplify Credit Union rolls out mobile banking via Apple Watch

Bank Innovation

The Austin-based credit union, which has $950 million in assets, rolled out mobile banking via the Apple Watch earlier this month. Amplify Credit Union is letting customers check in on their financial health by looking at their wrists.

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Amazon Accepting Cash Payments At Oxxo Stores

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In other Amazon news , the company announced on March 28 that it is expanding its Austin Tech Hub and will be creating 800 new tech jobs. Amazon said that since it opened its Austin Tech Hub, it has created more than 22,000 full-time jobs in Texas and has invested more than $7 billion in the state, including on infrastructure and compensation to workers. “In

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SXSW Accelerator Fintech Finalists for 2017 Announced

Bank Innovation

More fintech is coming to Austin. Austin is known for having a thriving Read More. The massive South by Southwest conference and festival features startups in a number of categories — transportation, augmented/virtual reality, and of course fintech — plus several others.

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Banks Must Disrupt Themselves, Not Consumers, Citi Fintech CEO Says

Bank Innovation

AUSTIN — Better customer service comes from disruption within, not from trying to change consumer behavior, according to Yolande Piazza, CEO of Citi Fintech. “I

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Banks Are Just Beginning to Understand the Power (and Limitations) of Artificial Intelligence

Bank Innovation

Citi Ventures‘s recent investment in Anaconda, an Austin, Texas-based AI and machine learning (ML) software company, shows the industry’s commitment to staying at the forefront of this growing and developing field.

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MBA Annual 2019 Recap – Low Interest Rates Bring High Spirits and Cautious Optimism

William Mills

Last week, Charlyne McWilliams represented WMA at MBA Annual in Austin, Texas, where there was an air of excitement thanks to low interest rates and a positive outlook for 2020. With about 4,000 attendees and many more people bustling around the hotels close to the Austin Convention Center for meetings, the annual convention served as an important opportunity for mortgage professionals to check the pulse of the year ahead

Could You Live Your Life on Bitcoin? [Video]

Bank Innovation

The couple — Becky and Austin, whose experiment with the cryptocurrency is documented in the film Life on Bitcoin, released yesterday by entertainment […]. Investing in bitcoin is easy. Buying a tank of gas with bitcoin…uh.

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Wrap of week #22: Midwest, Southwest, Insurtech, Altfi, Payments

Bank Innovation

Last week we hovered over the Midwest and the Southwest; Kansas and Austin, TX. Austin TX: An alternative credit history builder running in a bank; SelfLender. Kansas: A global alternative exchange that IPO’d; BATS exchange. We continued our Insurtech coverage focusing in the Auto Industry with 21 ventures. We offered insights in the broad Altfi space: For… Read more Wrap of week #22: Midwest, Southwest, Insurtech, Altfi, Payments. Newswire Uncategorized

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Time to get out the ice picks?

ABA Community Banking

Bank of Austin, “breaking the ice” for de novos, touts investor interest Management Financial Trends CSuite Community Banking. 1Community Banking

SimplyTapp Reinvents Mobile Commerce Like It Did With NFC Payments

Let's Talk Payments

New Payments Category Created AUSTIN, TX – Jan. 19, 2017 – SimplyTapp is launching its consumer-facing payment, money transfer and shopping app, Gane, today. Exclusive ProductHunt community offer.) After showcasing. Fintech News Payments Gane news SimplyTapp US Venmo

With Geezeo Partnership, Malauzai Adds PFM

Bank Innovation

Austin, Texas-based Malauzai‘s online and mobile platforms will now include personal financial management tools.

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Uber Eats Introduces Group Ordering

PYMNTS

The feature was tested in San Diego, Phoenix, Dallas and Austin, and was made available across the country on Oct. The promotion rolled out in Austin, Denver, Los Angeles, Miami, Sacramento and Washington D.C.,

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Giact launches identity, account verification services via API

Payments Source

Austin, Texas-based Giact Systems is combining its identity and payment verification tools into a single platform called Epic. APIs Identity verification

Q2’s Acquisition of Gro Came Through an Investor Introduction

Bank Innovation

This acquisition, the second of the year for Austin, Texas-based Q2, came about through a shared investor, Gro CEO David Eads told Bank Innovation. The digital banking software provider Q2 Holdings announced yesterday it had acquired Atlanta-based digital sales platform Gro Solutions. Q2 announced it was buying Cloud Lending, a cloud-based lending platform, in August. In 2017, […]. Capital Exclusive Premium Startups Cloud Lending Croft & Bender Gro Q2

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Morning Brief 9.25.19: North Korea ramps up attacks on ATMs, cards

Payments Source

Today: North Korea-linked hackers go after ATMs; Lyft goes deeper into transit; myPOS opens a store in Paris; Austin IoT crypto payments startup adds to its network. The information you need to start your day, from PaymentsSource and around the web.

Will Zelle’s Launch Push P2P to ‘Mainstream’?

Bank Innovation

AUSTIN, Texas — The long-awaited launch of P2P service Zelle has finally arrived, presumably granting more connectivity and openness to consumers who might be hunting for an alternative to Venmo. But what does Zelle’s launch mean for those consumers who haven’t even heard of P2P? There’s a huge amount of effort that’s going on with […]. Commerce Exclusive Mobile Payments Retail Technology Bank of America Mobile Apps Mobile banking Mobile Payments P2P Zelle

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Kony’s Deal with Umpqua to Acquire Pivotus Ventures Was Aided by ‘Cultural Affinity’

Bank Innovation

Umpqua Holdings Corporation's deal to sell its subsidiary Pivotus Ventures to the Austin, Texas-based software firm Kony, announced on Oct. 23, took several months to develop. That's not a long time in the world of financial services acquisitions, and the deal was aided by a cultural affinity between the companies, according to Jeffery Kendall, senior vice […]. Exclusive Mobile Online Operations Premium Kony Pivotus Umpqua

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Wells Fargo Divests Payroll Assets

PYMNTS

In a separate announcement , Asure also revealed the takeover of Austin HR , another human capital management company that similarly offers payroll services, as well as employee benefits, recruiting and training and HR consulting services. The acquisition of Austin HR supports our vision to deliver a global, innovative, single solution for SaaS [(Software-as-a-Service)]-based HCM and workplace technologies to enable an increasingly mobile workforce,” Goepel said in another statement.

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7.2.19 Your morning briefing

Payments Source

Today: Paytm says it's not charging "convenience fees"; Flux adds restaurant technology; Austin upgrades transit pay; Revolut rounds up for donations; A new blockchain collaboration in Singapore. The information you need to start your day, from PaymentsSource and around the Web.

Wanted: Card Issuers & Merchants to Join Forces With Ethoca to Combat the USD $146-Billion Global E-Commerce Transaction Decline Problem

Let's Talk Payments

Ethoca Research and pilot programs with card issuers & merchants aim to increase card acceptance globally, ensure good customers are never turned away TORONTO, Ontario, Canada; Austin, TX; and London, Cards Commerce Fintech News Payments Canada news US

Shopgate Eyes New Expansion, New City And New CEO

PYMNTS

The SXSW music and arts fesitval wasn’t the only reason that Biel chose Austin for the site of Shopgate’s future in mobile app development. we quickly realized Austin offered the best opportunity for the kind of rapid growth we envisioned,” Biel said.

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Uber Eats Rolls Out Pickup Feature Nationwide

PYMNTS

The feature was tested in San Diego, Phoenix, Dallas and Austin, Texas, and was made available across the country on Friday (Oct. The promotion is rolling out in Austin, Denver, Los Angeles, Miami, Sacramento and Washington D.C.,

Toyota Will First Deploy Advanced Self-Driving Tech In Commercial Vehicles

PYMNTS

In separate news, reports surfaced in September that Ford Motor Company had chosen Austin, Texas, as another city to pilot and deploy self-driving vehicles. Sherif Marakby, CEO of Ford’s autonomous vehicle unit, said per past reports there were two main reasons Austin was chosen.

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Uber Expands ‘Ride Pass’ Monthly Subscription

PYMNTS

Riders in Orlando, Miami and Austin will pay the introductory price, but riders in new cities will pay $24.99 The program was originally launched in five cities: Los Angeles, California; Austin, Texas; Orlando, Florida; Denver, Colorado; and Miami, Florida.

Taiwanese Banks Share Tech to Power Mobile Wallet

Payments Source

Fourteen banks in Taiwan have launched a mobile wallet using a shared technology platform developed by Mozido, marking one of the first rollouts of the Austin, Texas-based company’s global Host Card Emulation (HCE) solution.