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TAB Bank Expands With $46M Acquisition Deal For BAMFi’s Capital Division 

PYMNTS

As part of the acquisition, BAM’s office in Dallas, Texas will be retained by TAB Bank , including both operations and staff. BAMFi , a software provider for the secured lending space, will still own its proprietary solution FactorCloud. It will now focus solely on its cloud-based secured lending software solution.

Capital 130
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Why Digital Lenders Are Tightening Their Lending Criteria

PYMNTS

In the early days of online lending, the big appeal was access to funds for potential borrowers with few, if any, options for securing capital. They all had a pretty tough time and took losses a lot more than expected,” said Henry Song, a portfolio manager at Diamond Hill Capital Management Inc. The Coming Risk Assessment Reset.

Lending 116
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Five At Five: Do Banks Really Appreciate SMBs?

PYMNTS

officials want to overhaul rules for business lending, facial recognition is being deployed to fight bank fraud and Jet has new fuel for its competition against Amazon. Sam’s Club Launches High-Tech Test Store in Dallas. UK MPs Call for Overhaul of Business Lending Rules. SMBs Say Banks Don’t Appreciate Their Business.

Dallas 134
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Lower taxes, more M&A: Behind a California bank’s move to Texas

American Banker

First Foundation is relocating its corporate headquarters to Dallas, where the tax burden is lighter and it sees more opportunity to beef up lending, add wealth management clients and pursue acquisitions of community banks.

Taxes 65
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Neiman Marcus Emerges From Chapter 11

PYMNTS

has completed its Chapter 11 bankruptcy protection process and emerged from one of the highest-profile retail collapses since COVID-19 began, the Dallas-based company disclosed. The financing is in addition to the liquidity provided by the $900 million asset-based lending led by Bank of America and a group of commercial banks.

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Forget oil, Dallas bankers exude optimism

ABA Community Banking

CRE lending, competitive but careful, helps Management Financial Trends Mortgage/CRE Commercial. SNL Report: Good times come out of more than a barrel.

Dallas 40
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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Popular projects for 2023 include online loan and deposit onboarding utilizing third-party data to speed the process, compliance-as-a-service, payments, card controls, service case management, leveraging data for customer insights, and providing open banking APIs to customers. Remember all those five-year fixed-rate loans you booked at 4%?