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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. Bank CEO Ed Jones wants Gulf Capital to model community banking relationships, in which […].

Houston 273
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Branching Out: Physical Locations Boost CUs' Digital Plans

PYMNTS

Houston-based First Service Credit Union has selected a third-party provider’s digital banking suite to enhance its members’ online access to financial services. The tool acts as an automated investment solution for members and also features a chatbot that leverages artificial intelligence (AI) to answer frequently asked questions.

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Leena AI Raises $30M To Accelerate Development Of Conversational AI Chatbots For HR

CB Insights

The round drew participation from Greycroft, Bessemer Venture Partners, and B Capital Group. It also provides automated employee engagement tools that can be used to conduct surveys related to things like worker sentiment. How’s the company performing? Want the full post? Become a CB Insights customer.

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Kicking The ‘Virtual’ Tires To Spur Car Sales As COVID-19 Hits Automakers

PYMNTS

“OEMs and their captive finance partners have a number of tools to support consumers during times of uncertainty, both those looking to purchase a new vehicle as well as those looking to continue maintaining their existing vehicle,” said James Houston, J.D. Power managing director, consumer lending and automotive finance.

Houston 141
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Rescuing The Restaurant Business From App Decline

PYMNTS

Restaurant owners see it as a necessary evil; consumers see it as a necessary tool. With DineVite, consumers and restaurants get a better deal, since the restaurants can offer a deal to customers that they are comfortable with and consumers capitalize on it. It’s a new concept that means both parties win.”.

Miami 130
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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. Mining is a capital-intensive venture that requires constant measurement and assessment of physical material. SkyX Systems also focuses on oil and gas inspections, but specializes in pipeline assessment.

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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. Mining is a capital-intensive venture that requires constant measurement and assessment of physical material. SkyX Systems , also ocuses on oil and gas inspections, but specializes in pipeline assessment.