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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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Retail Pulse: Brookstone Files For Bankruptcy; Kroger Launches New Delivery Service

PYMNTS

Brookstone , a specialty retailer known for massage chairs and gadgets, used to be a must-see mall retailer. malls, Brookstone is now the latest major brick-and-mortar retailer to announce that it has filed for bankruptcy protection. Both have operations online under new owners, reported The Wall Street Journal.

Retail 100
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How QSRs Are Enhancing The Dining Experience With Digital Innovations

PYMNTS

Mobile ordering is available at the chain’s Denver, Boston and Houston locations, with more markets said to be in the works for this year. percent of QSR managers say kitchen automation is an important tool for a QSR’s future success. More than six in 10 – or 65.3

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Kicking The ‘Virtual’ Tires To Spur Car Sales As COVID-19 Hits Automakers

PYMNTS

“OEMs and their captive finance partners have a number of tools to support consumers during times of uncertainty, both those looking to purchase a new vehicle as well as those looking to continue maintaining their existing vehicle,” said James Houston, J.D. Power managing director, consumer lending and automotive finance.

Houston 141
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Rescuing The Restaurant Business From App Decline

PYMNTS

Restaurant owners see it as a necessary evil; consumers see it as a necessary tool. We have a robust system that provides deep date customer a behavior and offer stats and many other management tools, and we will be rolling out new features throughout 2020.”. Fahmy doesn’t see DineVite competing with other apps.

Miami 130
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Surviving The Retail Apocalypse: The Technologies And Trends That Can Help Brick-And-Mortar Thrive Again

CB Insights

Research BRIEFING: Surviving the Retail Apocalypse. How are brick-and-mortar retailers surviving and adapting in the world of digital commerce? The retail apocalypse has claimed many victims , with almost 7,000 stores closing in the US in 2017. And that’s just since February. However, this isn’t the whole story.

Retail 59
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33 Ways Drones Will Impact Society: From Fighting War to Forecasting Weather, UAVs Change Everything

CB Insights

In the aftermath of Hurricane Harvey, AT&T and Verizon launched drones in Houston, Texas to inspect their towers — a process which would have been too dangerous and time-consuming to do manually. In the consumer area, an early application for drones was as a recreational tool for the great outdoors. Telecommunications.