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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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Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

PYMNTS

The announcement from the mobile network provider serves as the latest demonstration that 5G is coming, and that retailers and payment services providers should get ready to operate in the 5G world. A glimpse of the 5G future recently came from the Mobile World Congress in Barcelona. 5G Potential. 5G Potential. Verizon’s 5G Play.

Mobile 168
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How QSRs Bring Mobile And Digital Payments To The Table

PYMNTS

In the age of quick-service restaurant (QSR) dining technology innovation, restaurants are frantically looking into ways to provide consumers with mobile ordering bells and whistles like third-party payment integrations, rewards programs and surprise-and-delight offers. At the same time, dining platforms are expanding their offerings.

Mobile 179
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5G, Biometrics Lead The Way At Mobile World Congress

PYMNTS

The next glimpse of the future of mobile commerce – and all its offshoots – took place this past week in Barcelona, where the product demonstrations and speakers’ comments at the Mobile World Congress (MWC) offered solid ideas about the development of 5G, the new wave of biometrics and other such areas. cities by the end of 2019.

Mobile 123
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In Harvey’s Wake, First Data Offers Free Clovers To Aid Impacted Businesses

PYMNTS

First Data said Saturday that in the wake of the devastation of Hurricane Harvey, the company will send thousands of its Clover Go mobile credit and debit card readers to small businesses (SMBs) in Houston and the surrounding area.

Houston 106
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Retail Pulse: AMC Theatres Premieres Mobile Ordering, Papa John’s Teams With DoorDash

PYMNTS

News came this week, for instance, that AMC Theatres is rolling out food and beverage ordering through its mobile app to help consumers skip the line at the concession stand. As it stands, mobile ordering is available at the chain’s Denver, Boston and Houston locations — and more markets are said to be in the works for this year.

Mobile 108
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Data: Americans Were On The Road Again Over Holiday Weekend

PYMNTS

Cuebiq , a private company contracted by the Centers for Disease Control and Prevention (CDC) to track general movement in the country, gets the data when people opt into location tracking from various mobile apps. There are 15 million phones around the U.S. that Cuebiq has access to, CNN reported.