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GCB raises $93M to build digital tools for customers

Bank Innovation

Houston-based Gulf Capital Bank recently completed a capital raise of $93 million. With the funding, the bank plans to invest in its digital capabilities, providing services that include mobile deposits, secured and unsecured commercial loans, letters of credit and consumer loans.

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NCR Makes Play For Cardtronics Despite Rival Private Equity Deal

PYMNTS

In mid-December, Cardtronics announced a $35 per share offer from an entity owned and controlled by private equity firms Apollo Global Management and Hudson Executive Capital. 7 Cardtronics filing with the Securities and Exchange Commission (SEC) stated. Cardtronics is based in Houston and registered in the United Kingdom.

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NCR Looks To Buy ATM Operator Cardtronics For $1.7 Billion

PYMNTS

He added that Cardtronics’ debit network complements NCR’s payments platform and the combined new entity will offer a comprehensive connection of retail and bank customers “while capitalizing on the banking industry’s transition toward infrastructure outsourcing.”.

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How Collectives Aim To Make Cities Into Blockchain Centers

PYMNTS

It also has crypto investment funds such as Multicoin Capital and Adamant Capital. It is also helping with the MyPass secure digital identity and document locker initiative for those who are experiencing homelessness in the city. The city is also home to platforms such as NEM, Steem, Wanchain, DigiByte and Decred.

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Neiman Marcus Emerges From Chapter 11

PYMNTS

He said the company’s new owners include PIMCO, a California-based global investment management firm, Davidson Kempner Capital Management LP, a global institutional alternative investment management firm headquartered in New York City and Sixth Street Partners, the San Francisco global investment firm. The plan was approved by the U.S.

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Bulletin: A Cheaper Way To Sell In-Store

PYMNTS

In SoHo, for example, the average rental price on Broadway between Houston and Broome Streets is $824 per square foot, according to the Real Estate Board of New York. With that in mind, the company has secured funding from YC, Notation Capital, Halogen Ventures and Jesse Draper.

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Prosperity in Texas Files to Sell Securities

American Banker

Prosperity Bancshares in Houston filed a shelf registration to sell a variety of shares.

Texas 28