article thumbnail

Texas digital-only bank offers miles instead of interest

Bank Innovation

As digital banks strive to lock in customers, a Texas-based newcomer to the industry is betting on travel miles as an incentive. Bask Bank, a fee-free digital savings bank created and funded by Texas Capital Bank, launched earlier this week with “thousands of customers.”

Texas 221
article thumbnail

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
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

New Uber Hub To Create 3K New Jobs In Texas

PYMNTS

The project will create 3,000 new jobs and more than $75 million in capital investment. “I I am proud to welcome Uber’s investment in the great state of Texas, along with the 3,000 jobs the company will bring to its new Dallas office,” Abbott said in a press release. General and Administrative Hub in Dallas.

Texas 134
article thumbnail

Texas Startup Alkami Raises $70M For Mobile Banking Software

Bank Innovation

Plano, Texas-based startup Alkami Technology has raised $70 million for its mobile banking platform, it was reported yesterday.

Texas 170
article thumbnail

INV Fintech Announces Sixth Class of Startups

Bank Innovation

INV Fintech, Bank Innovation’s sister accelerator, has announced its sixth accelerator class, which begins this week with six unique startups seeking to revolutionize financial services.

Fintech 284
article thumbnail

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.

article thumbnail

INV Fintech Announces Sixth Class of Startups

Bank Innovation

INV Fintech, Bank Innovation’s sister accelerator, has announced its sixth accelerator class, which begins this week with six unique startups seeking to revolutionize financial services.

Fintech 150