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Gulf Capital, a ‘de novo’ bank, to launch without legacy tech

Bank Innovation

Gulf Capital Bank, Houston’s first new bank to launch since 2009, will open its doors by early next year. It confirmed on Monday that it received conditional approval from the Texas Department of Banking and the Federal Deposit Insurance Corporation.

Capital 244
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How Collectives Aim To Make Cities Into Blockchain Centers

PYMNTS

A group called the Austin Blockchain Collective , for instance, is looking to establish the Texas city as a hub for blockchain innovation. Factom , whose website describes the firm as a “blockchain innovations company,” is likely the oldest such company in the region and is five years old this month, according to Harris.

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Einride Presses The Pedal On Autonomous Delivery

PYMNTS

Sweden-based Einride , which makes autonomous delivery vehicles, has raised $25 million in fresh capital. Scant information was immediately available from Einride, which appears poised to use that capital to expand internationally and otherwise continue development of its electric Einride Pods. For instance, Kroger Co.,

Houston 116
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Neiman Marcus Emerges From Chapter 11

PYMNTS

We emerge from Chapter 11 as a stronger, more innovative retailer, brand partner and employer.”. Bankruptcy Court for the Southern District of Texas, Houston Division. They see an opportunity to grow and support the retailer in issues of sustainability, van Raemdonck said. The plan was approved by the U.S.

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Bankers: Is your strategy the same as your competitor?

Jeff For Banks

To exemplify, here are three Texas bank''s "Business" and "Business Strategy" sections to their most recently filed 10k. I picked Texas because of their perceived independent streak. Texas Capital Bancshares, Inc. We are primarily a secured lender, with our greatest concentration of loans in Texas. Independent?

Strategy 101
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33 Ways Drones Will Impact Society: From Fighting War to Forecasting Weather, UAVs Change Everything

CB Insights

As more companies look to capitalize on these commercial opportunities, investment into the drone space continues to grow. Innovations in camera technology have had significant impacts on the growing use of drones. Fortunately, conservationists are adopting innovative methods to protect and study our global ecosystems.

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From Energy To Telecom: 30 Big Industries Drones Could Disrupt

CB Insights

As more companies look to capitalize on these commercial opportunities, investment into the drone space continues to grow. Innovations in camera technology have had significant impacts on the growing use of drones. Fortunately, conservationists are adopting innovative methods to protect and study our global ecosystems.