article thumbnail

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.”

Texas 221
article thumbnail

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. PYMNTS research shows that during the pandemic, dining habits have shifted, with 35.3

Texas 211
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

New Uber Hub To Create 3K New Jobs In Texas

PYMNTS

I am proud to welcome Uber’s investment in the great state of Texas, along with the 3,000 jobs the company will bring to its new Dallas office,” Abbott said in a press release. This investment will bolster Texas’ continued economic success and reputation as the best state for business. General and Administrative Hub in Dallas.

Texas 134
article thumbnail

Texas Startup Alkami Raises $70M For Mobile Banking Software

Bank Innovation

Plano, Texas-based startup Alkami Technology has raised $70 million for its mobile banking platform, it was reported yesterday.

Texas 170
article thumbnail

Texas AG Leads Multi-State Consumer Protection Probe Into Apple

PYMNTS

Texas Attorney General Ken Paxton is leading a multi-state probe against Apple Inc. It is important that Apple’s measures do not deny consumers the benefits of new payment technologies, including better choice, quality, innovation and competitive prices.”. It also reserves the ‘tap and go’ functionality of iPhones to Apple Pay.

Texas 159
article thumbnail

Drive.ai To Launch Self-Driving Car Pilot In Frisco, Texas

PYMNTS

Drive.ai , the California self-driving car startup, announced Monday (May 7) that it is launching an on-demand self-driving car service pilot in Frisco, Texas. It marks the first time self-driving cars will be on the public roads of Texas, noted the company. In a press release , Drive.ai said in the press release.

Texas 129
article thumbnail

Class Action Lawsuit Filed Against FinTech Lender Opportunity Financial For Evading Texas State Usury Laws

CFPB Monitor

Michael alleges OppFi runs this “rent-a-bank” scheme to purposefully skirt state law, including in Texas where Ms. Michael asserts claims against OppFi for violations of Texas usury laws, unjust enrichment, and RICO violations and seeks declaratory relief. Michael signed her loans and where the maximum interest rate caps out at 30%.

Texas 78