Fast-growing Texas bank buying branches in Austin, San Antonio

American Banker

Spirit of Texas Bancshares is acquiring four branches and a loan production office from Simmons First National Corp. as part of an aggressive expansion in its home state. Strategic buyers Community banking Commercial real estate lending Texas

Three Texas Banks to Merge into $1.5B Group

Banking Exchange

Parent companies of The Bank of Austin, Texas Hill Country Bank and The Bank of San Antonio to combine Management Feature M&A Feature3. 1Management

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USAA Rules Latest Net Promoter Score Survey

Bank Innovation

A study from Temkin Group released today puts San Antonio-Texas-based USAA head and shoulders above every other corporation in America in terms of Net Promoter Score. Net promoter Score is a slightly controversial metric that measures customer loyalty. A company’s NPS is supposed to correlate with revenue growth. A score of -100 Read More. Cards Marketing Retail Social Media credit unions Net Promoter Score USAA

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New leadership in the cockpit at Air Force Federal Credit Union

American Banker

Ryan Ross will take over as CEO of the San Antonio, Texas-based institution for Bob Glenn, who is retiring. C-suite Career moves Career planning Texas Career advancement Succession planning

Three Texas banks planning to merge

American Banker

Southwest Bancshares in San Antonio will have assets of $1.5 billion when it absorbs two affiliated banking companies in nearby cities. Community banking Texas M&A Growth strategies

Payment Data Systems Rolls Out SDK for Apple Devices

Payments Source

Payment Data Systems (PDS), a San Antonio, Texas-based payment solutions provider, has introduced a streamlined approach for mobile app developers to enable payment acceptance from all Apple Inc. mobile devices. retail-acquiring alternative mobile news technology

Amazon Announces Next Whole Foods Delivery Expansion

PYMNTS

Grocery delivery for Prime members is taking its next great leap forward as Amazon and Whole Foods have announced that Prime Now Grocery is expanding to Chicago, Houston, Indianapolis, Minneapolis and San Antonio. Consumers in Chicago, Houston, Minneapolis and San Antonio will also be able to choose from a selection of alcoholic beverages.

Frost Bank is 11th to Join Early Warning's P-to-P Network

Payments Source

San Antonio-based Frost Bank this week became the 11th financial institution to join Early Warning’s real-time payments network, which will continue to operate under the clearXchange brand at least through the end of this year. p-to-p news technology

Supermarkets Place Limits On Paper Products Amid Rising Coronavirus Cases

PYMNTS

H-E-B put into place restrictions on paper towels and toilet paper as of the end of October at stores in the Central Texas, Border, San Antonio and Gulf Coast regions. As coronavirus cases surge in the United States, some supermarket retailers are re-instituting buying restrictions on specific products such as toilet paper, USA Today reported.

Citi's Heather Cox Joining USAA as Chief Tech and Digital Officer

American Banker

The San Antonio-based bank announced Friday in a press release that it has named Cox its chief technology and digital officer, a newly created role that includes the oversight of information technology, digital strategy and operations, and experience design.

CFPB, USAA Settle After Violations

PYMNTS

USAA, which is headquartered in San Antonio, Texas, was accused of not properly honoring customers’ requests to stop payments on preauthorized electronic fund transfers. In an email to the San Antonio Express-News , USAA said it was acting in the best interests of its customers. The Consumer Financial Protection Bureau (CFPB) announced on Thursday (Jan.

FinCEN Reissues Real Estate Geographic Targeting Orders: What does this mean for you?

Abrigo

The newest order include s : Boston Chicago Dallas-Fort Worth Honolulu Las Vegas Los Angeles Miami New York City San Antonio San Diego San Francisco Seattle .

CUNA Marketing & Business Development Council - 2017 Conference

Image Works Direct

For the sixth consecutive year, image.works was a sponsor of and participated in the CUNA Marketing & Business Development Council Conference in San Antonio from March 29 – April 1

VSP Global Acquires Visionworks

PYMNTS

VSP Global announced that it has acquired San Antonio, Texas-based Visionworks. The deal, the details of which were not disclosed, is the single largest investment in VSP’s history.

Facebook's Mobile Strategy Inspires a Credit Union's Security Plan

American Banker

When a mobile banking vendor told a San Antonio Federal Credit Union it didn't have the capabilities it wanted, the institution took a note from Facebook's strategy with Messenger and created a companion app. community-banking cyber-security mobile digital-banking pfm bank-technology

Lyft Turns To Meal, Grocery Deliveries

PYMNTS

The service will first be rolled out in Atlanta, Austin, Dallas, Houston, Indianapolis, Orlando, Phoenix, San Francisco, San Diego, San Antonio and Seattle, but could later expand to more locations as well, once the company finds more partners. A new service from Lyft will allow for on-demand delivery of groceries and other essential products, the ridesharing company said.

Amazon Plans Whole Foods Expansions In Closed Sears Stores

PYMNTS

Those cities include Birmingham, Colorado Springs, Long Island, Milwaukee, Salt Lake City, San Antonio, Tacoma and Tulsa. Amazon has its eyes on expansion for its Whole Foods brand in closed Sears and Kmart stores, according to a report by Yahoo! Finance. The recent woes of Sears and other struggling retailers are seen as an opportunity for the online retail giant. Sources told Yahoo! that the company is visiting sites of now defunct retail spaces.

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7-Eleven Launches Beer Delivery In Select US Markets

PYMNTS

Lauderdale, Florida; New York, New York; Norfolk-Portsmouth, Virginia; Orlando-Daytona, Florida; Phoenix, Arizona; Portland, Oregon; Sacramento, California; San Antonio, Texas; San Diego, California; San Francisco, California; Seattle-Tacoma, Washington; St. Convenience store operator 7-Eleven is launching beer and cider delivery in select U.S. markets. Customers can place their beer orders via the 7Now app.

Frost Bank joins clearXchange network to enable P2P payments

The Paypers

(The Paypers) Early Warning has confirmed that Frost Bank , San Antonio-based, has joined Early Warning’s clearXchange network to enable P2P payments

Texas Halts Reopening Plans As COVID Cases Spike

PYMNTS

The hardest-hit counties in the state were Bexar, Dallas, Harris and Travis, which include the state’s most populated cities, including Houston, San Antonio, Dallas and Austin. As coronavirus cases spike in Texas, the state’s officials have walked back their reopening plans for the state, CNBC reported. Greg Abbott said that the current rules for capacity at restaurants and stores could remain in place, but no further steps would be taken while the cases were increasing.

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Data: Americans Were On The Road Again Over Holiday Weekend

PYMNTS

Cuebiq’s data focused on the visitor totals to and from 10 metro area hotspots, chronicled from a week before July 4, 2020, according to CNN, including the Houston; Austin, Texas; Phoenix; Dallas; San Antonio; Orlando; Tampa, Florida; Charleston, South Carolina; Miami; and Atlanta areas, ranked by the number of positive coronavirus tests a week before the holiday.

Real Estate Money Laundering An Increasing Focus Of Governments

PYMNTS

The rule applies to all title companies that deal in markets that have luxury real estate including Boston, Chicago, Dallas-Fort Worth, Honolulu, Las Vegas, Los Angeles, Miami, New York City, San Antonio, San Diego, San Francisco and Seattle, noted the report. Governments around the world have a new front in their fight against money laundering: real estate.

Uber Expands ‘Ride Pass’ Monthly Subscription

PYMNTS

Louis, Missouri; San Diego, California; Raleigh-Durham, North Carolina; Seattle, Washington; Portland, Oregon; San Antonio, Texas; Nashville, Tennessee; Las Vegas, Nevada; New Orleans, Louisiana and Phoenix, Arizona. Ride-hailing company Uber is expanding its Ride Pass program, a subscription service that lets riders pay a monthly fee for discounted rides on all Uber platforms, including electric bikes, scooters, UberX, Uber Pool and Express Pool, according to reports.

Study: US Housing Market Slows Down As Homeowners Stay Put Longer

PYMNTS

Housing inventory has fallen to its lowest level in 37 years, with homeowners staying the longest in Salt Lake City, Houston, Fort Worth, San Antonio and Dallas, more than eight years longer than they did in 2010. “In homeowners’ decision to stay in their homes longer is keeping much-needed inventory off the real estate market, causing a slip in home sales.

Uber Eats Sees 59 Pct Spike In European Grocery Delivery

PYMNTS

The service will first be rolled out in Atlanta, Austin, Dallas, Houston, Indianapolis, Orlando, Phoenix, San Francisco, San Diego, San Antonio and Seattle, but could later expand to more locations once the company finds more partners. As much of Europe remains on lockdown due to the coronavirus pandemic, Uber Eats experienced a 59 percent spike in grocery delivery orders in March compared with February, helping it offset the losses caused by closed restaurants.

AT&T Jumps On The 5G Bandwagon

PYMNTS

San Antonio and Waco, Texas. There are plans to expand service in the first half of 2019 to parts of 7 additional cities, including Las Vegas, Los Angeles, Nashville, Orlando, San Diego, San Francisco, and San Jose, Calif. AT&T has announced that it will be offering a 5G smartphone from Samsung in the first half of 2019. “5G 5G is going to be about more than just a network.

Macy’s Spotlights Women-Owned Businesses With SoGifted

PYMNTS

SoGifted shops will be located in Manhattan’s Herald Square; Atlanta’s Lenox Square; Fashion Show in Las Vegas; Boston’s Northshore; North Star Mall in San Antonio; Twelve Oaks Mall in Detroit; and The Galleria in Ft. Macy’s is partnering with the female-led millennial venture capital fund SoGal Ventures to launch an in-store initiative focused on women-owned businesses, Macy’s said in a press release on Thursday (Dec.

Why Goodwill Regions Are Tapping Into Digital Marketplaces

PYMNTS

More than 100 Goodwill store locations ranging from New York to San Francisco are uploading products like collectibles, clothing and furniture to the platform to drive in-store and online sales. Goodwill San Antonio eCommerce Manager Michael Anthony Morse said in the announcement that the tie-up has given the organization exposure and helps it work toward its mission.

eCommerce Search Merger Aims To Address Amazon Pressure Cooker

PYMNTS

Last May Searchspring was acquired by San Antonio-based private equity firm Scaleworks, which acquires startups with between $4 million and $10 million in annual run rate (ARR) and works to grow them. When you’re competing with Amazon it helps to have strength in numbers. That’s the thinking behind this week’s merger between two eCommerce site search players, Searchspring and Nextopia.

Summertime and Living's Queasy

SWBC's LenderHub

Instead, market participants resemble terrified riders on the “Iron Rattler” roller-coaster at Six Flags Fiesta Texas (here in beautiful San Antonio) as it goes to the tippy-top. Today’s title is a play off the great George Gershwin tune, “Summertime,” made famous by the “First Lady of Song,” Ella Fitzgerald. Although the lyrics seem sunny and bright when read, they have a very dark sense of foreboding when sung by Ms. Fitzgerald.

eScooter Startup Lime Exits 12 Markets, Fires 14 Pct. Of Staff

PYMNTS

Lime is shuttering operations in Atlanta, Phoenix, San Diego, and San Antonio in the US; Linz, Austria in Europe; and Bogotá, Buenos Aires, Montevideo, Lima, Puerto Vallarta, Rio de Janeiro, and São Paulo in Latin America. Lime is striving to reach profitability in 2020 and is laying off about 14 percent of its workforce — roughly 100 people — and ceasing operations in 12 markets, according to reports on Thursday (Jan.

Carvana Opens Largest Car Vending Machine In Tempe

PYMNTS

Tempe joins 11 other cities that have Carvana vending machines, including Houston, Austin, San Antonio, Dallas, Nashville (Tenn.), Carvana , the eCommerce platform for buying and selling used cars , announced Wednesday (June 20) that it has launched its largest Car Vending Machine to date, located in the company’s hometown of Tempe, Arizona. In a press release , Carvana said the machine stands nine stories high, is all glass and holds as many as 34 vehicles.

FinCEN Reissues Real Estate Geographic Targeting Orders: What Does this Mean for Your FI?

Abrigo

The newest order includes: Boston Chicago Dallas-Fort Worth Honolulu Las Vegas Los Angeles Miami New York City San Antonio San Diego San Francisco Seattle. Key Takeaways FinCEN reissued Geographic Targeting Orders NYC and Miami were the original targets, but the newest order includes 12 other mentor areas. FIs should have procedures in place to monitor for red flags in these areas .

Verizon Plans Rollout Of 5G In 30 U.S. Cities In 2019

PYMNTS

As for AT&T, it reportedly launched 5G service in these cities: Houston, Texas; Dallas, Texas; Atlanta, Texas; Waco, Texas; Charlotte, North Carolina; Raleigh, North Carolina; Oklahoma City, Oklahoma; Jacksonville, Florida; Louisville, Kentucky; New Orleans, Louisiana; Indianapolis, Indiana and San Antonio, Texas. Verizon will be bringing its 5G technology to 30 U.S. cities by the end of the year, according to reports.

Facebook To Open Small Biz Pop-Up Concept In Select Macy’s

PYMNTS

The pop-up shop will be located in The Market @ Macy’s in New York City, Pittsburgh, Atlanta, Fort Lauderdale, San Antonio, Las Vegas, Los Angeles, San Francisco and Seattle, now through early February. Facebook has announced that it is opening its first small business pop-up concept in nine Macy’s locations across the United States.