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Robinhood's Newest Funding Round Grows To $660M

PYMNTS

We've raised an additional $460 million in subsequent closings to our Series G to support our core product and customer experience and new offerings like cash management and recurring investments,” the representative noted. With this funding, we’ll continue to invest in improving our core product and customer experience.”.

Arizona 178
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5 payments trends you should know about

Independent Banker

With FedNow, the Federal Reserve’s new instant payments rail, set to launch in mid-2023, community banks can link up to the system, monitor its volume and identify use cases to meet customer demands. Chris Doyle, Texas First Bank. billion-asset Texas First Bank in Texas City, Texas. Address fraud and security.

Trends 140
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Carvana Stock Falls Short On First Day Of IPO

PYMNTS

cities, such as Austin and Dallas in Texas and Nashville, Tennessee. Wells Fargo Securities, LLC, Bank of America Merrill Lynch, Citigroup Global Markets, Inc. and Deutsche Bank Securities, Inc. and JMP Securities, LLC are acting as co-managers. “I million additional shares of Class A common stock. Baird & Co.,

Nashville 128
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REPORT: Credit Unions Go The (Social) Distance With Mobile Banking Tools

PYMNTS

Only 49 percent believe such apps keep their information very secure, for example, while just 24 percent said these solutions provided the guidance they were seeking. Texas Trust Credit Union turned to a “Game of Thrones”-inspired loan offering in an effort to appeal to younger demographics, for example.

Tools 151
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Where is the Financial Services Industry in the digital transformation journey?

Insights on Business

Banks are reinventing not only their infrastructure but their operating models, too, in order to win on the battleground of customer experience. Rob Palacios, EVP and Director of TCB Labs at Texas Capital Bank, sat down with Yousef Hashimi from IBM at Money2020 to discuss the banks’ work around AI and their use of the IBM Garage.

Industry 143
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The ICBA 22/23 executive committee is all in

Independent Banker

When the 2022/23 ICBA board of directors was introduced at ICBA LIVE in San Antonio, Texas, there was a palpable sense of excitement in the air. Treasurer Sarah Getzlaff, CEO, Security First Bank of North Dakota, New Salem, N.D. Scott Heitkamp, ICBA past chairman and president and CEO of Valuebank Texas, Corpus Christi, Texas.

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Finovate Best of Show 5 Years Later

Jeff For Banks

2) Is it consistent with strategy (as in demanded by high lifetime value (LTV) customers)? 4) Will it improve the customer experience (and extend customer longevity, shorten sales cycles, improve pricing power)? 3) Will it make us more efficient in how we run the bank (lower expense and/ or efficiency ratio)?