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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.

Houston 273
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Colleagues Come Together to Donate Over $20,000 to Support Those in Hunger Around the World

Perficient

Hundreds of our colleagues used their $100 and creativity to tackle food insecurity in their communities, contributing tens of thousands of dollars to the fight against hunger. Local and national non-profits were both represented, and many colleagues chose to give back to organizations that were unique to their community. .

St. Louis 443
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Branching Out: Physical Locations Boost CUs' Digital Plans

PYMNTS

Canada’s largest community credit union has announced that it is expanding its commercial network. 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. It also offers participating CUs customized consulting services.

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Retail Pulse: Kohl’s To Curate Brands With Facebook; Domino’s Rolls Out eBike Tie-Up

PYMNTS

The retailer also plans to team with Facebook on brand curation starting next year — “identifying and engaging with brands that have built a strong online community on the social media platform.”. The service is now available to customers in communities throughout British Columbia, Ontario, Alberta and Saskatchewan, among other locations.

Branding 101
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Carvana Opens Largest Car Vending Machine In Tempe

PYMNTS

Tempe joins 11 other cities that have Carvana vending machines, including Houston, Austin, San Antonio, Dallas, Nashville (Tenn.), We’re incredibly proud to be a part of the metro Phoenix community,” said Ernie Garcia, founder and CEO of Carvana, in a press release announcing the launch of its latest vending machine. Raleigh (N.C.),

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15 Minutes With … Jimmy Rasmussen

Independent Banker

Finally, I focus on economic news in our markets, which include five communities south of Houston. The news will focus on capital spending and job creation with an emphasis on Galveston Island, which is where our community bank’s headquarters and largest market is.

Dallas 131
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Why Collaboration Is Key To Competitive, Flexible Supply Chains

PYMNTS

Patrick Maley, CMO at supply chain solutions provider BluJay , told PYMNTS the concept of a community of business partners working together to tackle these issues is critical to the success of a company stepping onto the international stage. This is where the concept of a supply chain community comes in. It makes accessibility easier.