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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.

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Community banks are thriving in Texas

Independent Banker

With the record growth of San Antonio, Houston and Austin, southern Texas is becoming a hub for business. There’s a lot of energy in the southern half of Texas, and it’s not just the resources that power our homes and cars. The Houston metro took the 10th spot with a 20.3% Photo by Dennis Burnett. By Mindy Charski.

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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. It also has crypto investment funds such as Multicoin Capital and Adamant Capital. The city has a rich history in technology, which Harris says he believes attracts blockchain developers.

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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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Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

PYMNTS

“Verizon launched the world’s first commercial 5G Ultra Wideband network in October 2018 with the rollout of 5G Home broadband internet service in Houston, Los Angeles, Sacramento and Indianapolis,” the company said. 5G Potential.

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Best Credit Cards in Texas: Get the Most Rewards & Perks on Spending

MyBankTracker

For example, the best credit cards in Texas can reward you with cash, miles or points on everyday spending, entertainment and travel purchases. Best Credit Cards in Texas. Consumer Spending Trends for Texas. The Bureau of Labor Statistics (BLS) collects spending information for every state, including Texas. 95 annual fee.

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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.,

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