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

PYMNTS

BAMFi , a software provider for the secured lending space, will still own its proprietary solution FactorCloud. He added that TAB Bank is embracing the chance to expand in the Dallas-Fort Worth market and are “pleased to welcome BAM’s staff in Dallas to our team.” . The company was recently ranked 121 on the 2019 Inc.

Capital 130
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Elevate Credit introduces a subprime credit card

Payments Source

The Fort Worth, Texas, company will be competing in a segment of the U.S. card market that has grown more competitive in the last few years.

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Elevate To Take Another Crack At An IPO

PYMNTS

has decided to pursue an IPO, a little over a year after the firm had decided to postpone its listing in the face of the tough market conditions that made 2016 the slowest year for initial public offering in the last ten. Still, lending can be a tough place to go looking for investor love — a fact that LendingClub Corp. and U.K. —

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How Auto Sales Are Driving New Retail Trends

PYMNTS

The ways people search for and purchase a vehicle continue to change,” said Tom Lazenby, auto lending manager for Regions Bank. and Carvana has next-day delivery in 146 markets. Customers can also make arrangements for pickup or delivery right away — even the next day. There are car vending machines in 21 cities in the U.S.,

Trends 134
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A Rising Texas Star

Independent Banker

Capital market access and employee ownership help fuel Veritex Community Bank’s rapid growth. After a career of nearly three decades as a banker serving various community and regional institutions in the Dallas-Fort Worth area, C. I think we are in the best market in the country,” he says. This market is plenty big.”.

Texas 70
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Bankers: Is your strategy the same as your competitor?

Jeff For Banks

Lending services include commercial loans to small to medium-sized businesses and professional concerns as well as consumers. We believe we can effectively compete as a community bank in our market area and the niche markets we serve. We focus our marketing efforts in three areas. Prosperity Bancshares, Inc.

Strategy 102
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FinCEN reissues real estate Geographic Targeting Orders

Abrigo

Real estate lending BSA training should include GTO guidance , specifically on how to identify red flags at loan origination. At the end of 2021, the Biden administration announced that they would pay closer attention to corruption in the real estate market, with a special focus on all-cash commercial and residential real estate transactions.