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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8 AHA! Moments from Austin | #CUatMAC

Shared iDiz

Moments from Austin | #CUatMAC appeared first on CUiDiz. Those AHA! moments — quotable lines by interesting and unique speakers — that make a conference worth attending. Add in smiling, friendly marketers, vendors that actually get along, and a city that is known for its live music, a social conscience and being a bit weird, and you might just have the perfect combination for. The post 8 AHA! Big Ideas for Credit Unions Career community Marketing Conferences

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

PYMNTS

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

PYMNTS

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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big. bright. minds. 2017 | Austin, TX

Filene

in Austin, TX. in Austin, TX. Experience the Filene difference at this year's big. bright. minds. At this two day event, you will: Hear the latest from big. bright. thinkers. on key issues facing credit unions.

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

BBVA hosts Amazon lockers in Austin branches

BankThink

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

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

Fortera Credit Union Buys Naming Rights to Austin Peay University Football Stadium

Keith Leggett's Credit Union Watch

Governor’s Stadium, the home field of Austin Peay State University’s football program, will be renamed Fortera Stadium following a 25-year partnership with the credit union. Fortera Credit Union is paying $2.5 million for the naming rights over that period. Fortera Credit Union was formerly known as Fort Campbell Federal Credit Union. Read the story. Naming Rights

Creating CUs of Tomorrow…Today

Credit Union Geek

Articles "guide from the side" Austin conference credit union improvement cutomorrow engagement learning marketing member experience networking sales culture vendor relationshipsThe inaugural CU Tomorrow conference technically ran for three days. Unlike most, it started with the cocktail hour! Now that’s already different! And, a great way to stimulate initial conversations) That went just so well, you wouldn’t believe how well it went. Ok, you got me.

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8 AHA! moments from Austin | #CUatMAC

CU Insight

moments that caught my attention during MAC2017 in Austin TX: 1. moments from Austin | #CUatMAC appeared first on CUInsight. moments Austin IDiz Incorporated Kelly McDonald MAC2017 Marketing TXThose AHA!

Austin Capital Bank Offers Competitive Money Market Special - New Money

Deposit Accounts

Blog Austin Capital Bank Offers Competitive Money Market Special - New Money. Austin Capital Bank Offers Competitive Money Market Special - New Money. Austin Capital Bank (Texas) recently introduced a Money Market Special (1.11% APY). Related Pages: Austin Capital Bank , Texas.

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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Austin credit union launches fintech-backed loan to up digital game

BankThink

The loan product, which allows consumers retroactively to adjust a payment amount, illustrates how community-based institutions are trying to reach technologically savvy consumers. Fintech Digital banking Consumer lending Credit unions Community banking Kasasa Texas

These Payment Methods Can Help Provide Hurricane-Related Aid

PYMNTS

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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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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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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US state looks to ID management solution powered by blockchain

The Paypers

(The Paypers) The city of Austin, Texas, has been working to develop a blockchain-powered ID system for people experiencing homelessness

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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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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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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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

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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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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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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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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Velocity CU Purchases 117,000 Square-Foot Office Building

Keith Leggett's Credit Union Watch

Velocity Credit Union (Austin, TX) purchased a 117,265 square-foot building at the Quarry Lake Business Center in Northwest Austin for its new headquarters. The three-story building is located at 4515 Seton Center Parkway, Austin. The credit union expects to fully occupy the building by May 2019. The sales price was not disclosed, but property tax records show that the property is currently appraised at a market value of approximately $25 million. Read the story.

The CUInsight Experience: Chuck Fagan – Trust is not enough

CU Insight

What’s in store at this years PSCU Member Forum in Austin. I’ll be there and we can hangout in Austin. Austin, Texas, you can’t beat that. Randy, I do want to thank you and you’re everywhere and we look forward to hosting you in Austin. We’ll talk and see you soon in Austin. “Promise what you can deliver and work hard to deliver more” – Chuck Fagan. Welcome to episode five of The CUInsight Experience podcast.

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5 reasons to attend MAC

CU Insight

Tour the MAC Conference …or Austin on a Segway! And with Kelly McDonald coming back for a huge second year program, and adding two additional break-out sessions– there won’t be a better “segway” into an evening of touring Austin for some awesome music and attendee networking.

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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

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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Designing Mobile Order-Ahead For Roving Vendors

PYMNTS

QuickBite Founder and CEO Richard Reedy worked for a company in East Austin and didn’t have a ton of time to get lunch. Reedy also noted that Austin, and East Austin in particular, has an abundance of food trucks , but not many of them had a way for consumers to place their orders online.

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Investor group plans to buy, rebrand Texas bank

BankThink

Ballinger National Bank would be renamed Keystone Bank and its headquarters would move to an Austin suburb. Community banking Integrations Branding Banking brands Texas

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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Goldman-Backed Construction FinTech Rabbet Raises $8M

PYMNTS

The funding will also go to support its effort to expand its software engineering and sales teams located in Austin, Texas. “We Rabbet, an intelligent construction finance platform, announced Wednesday (Feb. 20) it has raised $8 million in Series A funding.

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

The death of the branch: A lesson about credit union data

CU Insight

Credit Unions Data Austin Wentzlaff OnApproachThe way we think about credit union data these days doesn’t mesh with what’s actually happening in the industry. Credit unions now have access to more data than they ever have. Failure to leverage that data though? That’s where you should be concerned. Let’s walk through an example: just over 20 years ago, Amazon entered the book retail market.

NCUA bars 6 from future work in credit unions

CU Insight

Monday’s list includes: Lindsey Austin, former employee of Texas Dow Employees Credit Union in Lake Jackson, Texas, for aggravated theft; The post NCUA bars 6 from future work in credit unions appeared first on CUInsight.

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Pawn Shops, Payday Lenders Benefit From Gov’t Shutdown

PYMNTS

which operates a pawnshop in Austin, Texas, has seen its stock climb 20 percent since the closure of the government. The partial government shutdown, which is now in its fourth week with no sign of ending, is helping out at least two industries: pawn shops and payday lenders.

Staples’ Easy Button Integrates with IBM’s Watson

PYMNTS

The firms said that the Easy Button is being rolled out through alpha test in Austin, Texas. That will be followed by a broader beta test in both Austin and New York. Staples said Tuesday (Oct. 25) that it has entered a new phase of its Staples Easy System pilot program, which now includes the “Easy Button” office supply reorder function. Through that function, IBM’s Watson technology helps streamline office supply reordering processes for Staples Business Advantage customers.

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How collaborative analytics takes data analysis to another level

BankNXT

Mike Lawson and Austin Wentzlaff talk about the opportunities for credit unions around collaborative analytics. How collaborative analytics takes data analysis to another level on BankNXT. Banking Video analytics credit unions CSR interview

2017 Annual Member Meeting | Reception & Appreciation Event

Filene

Join us in Austin, TX as we thank you, our members, for your support of Filene and reflect on the impact of your generous contribution for 2017. The Reverbery, Hilton Austin | 500 E 4th St. Austin, TX. Cheers to YOU, our valued Filene member!

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.