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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.”

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How Texas Restaurants Are Using A Safety Seal of Approval To Get Customers Back

PYMNTS

In a nod to community efforts to boost customer experienced, individual consumers can report on health efforts at Texas eateries — and whether they are enforcing standards such as social distancing and more official standards mandated by the state’s governor. percent reporting dining less at quick-service restaurants (QSRs) and 35.9

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Community Bank embraces digital to deliver $50M in PPP loans 

Bank Innovation

The technological upgrades Happy State Bank made prior to the COVID-19 crisis has helped the lender service and onboard customers digitally and deploy its own SBA Paycheck Protection Program platform in a matter of days, CEO J. As of Friday afternoon, the Amarillo, Texas-based bank had received more than 1,250 […].

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Weekly Wrap: N26 grows US customer base, Venmo embeds with brands

Bank Innovation

expansion; and Why a digital bank in Texas is awarding miles instead of interest. In this episode, editors discuss the following news developments: Venmo’s path to profitability; Berlin-based digital bank N26’s U.S. Listen to the Weekly […].

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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.”.

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Praxent boosts workforce amid multiple software launches

BankInovation

User experience and software engineering company Praxent has hired 45 employees over the last year to enhance the customer experience and keep up with new product launches.

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GM Financial aims to improve customer personalization

BankInovation

GM Financial is looking to better personalize the customer experience by removing data silos.