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The turnaround of Texas Capital Bank

American Banker

Texas M&A Commercial banking

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Texas sues Google and wants billions of dollars in penalties: Texas Google Lawsuit explained

Dataconomy

Texas sues Google for collecting biometric data without consent. The state of Texas accuses Google in a lawsuit that could cost the tech giant billions of dollars. News Cybersecurity Featured Texas Google Lawsuit Texas sues Google

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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.”

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3 Key Commerce Areas the Texas Winter Storm Teaches Us About Being Unprepared

Perficient

If you’ve been following the news recently, you’ve likely heard something about how Texas has been trampled by unusually cold temperatures and snow this past week. You may have read a previous post I published about moving to Texas from Massachusetts.

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Community banks are thriving in Texas

Independent Banker

With the record growth of San Antonio, Houston and Austin, southern Texas is becoming a hub for business. There’s a lot of energy in the southern half of Texas, and it’s not just the resources that power our homes and cars. It’s just the nature of who we are in Texas.

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Texas Hotelier Nets $59M In PPP Loans

PYMNTS

The biggest benefactor of the Paycheck Protection Program (PPP) is a Dallas, Texas-based hotelier named Monty Bennett, who has received $59 million from the program intended to help small or medium-sized businesses with the economic crisis.

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Former gas station tycoon pumping up Texas bank

American Banker

Texas Community banks Small business

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Texas Lets Eateries Deliver Alcohol With Food Orders

PYMNTS

To help address financial challenges brought about by the coronavirus, Texas Governor Greg Abbott put into place a waiver that lets restaurants deliver alcohol with food orders, ABC 13 reported. Retail Coronavirus food delivery News Restaurants Texas What's Hot

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Citi's muni bond business shrinks in Texas after gun law's passage

American Banker

State regulators Texas Citigroup Bonds

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Texas Hotel Group To Give Back $70M In PPP Loans

PYMNTS

Texas hospitality group Ashford Inc. Loans Ashford Ashford Hospitality Trust Braemar Hotels & Resorts Coronavirus COVID-19 hotels loans News Paycheck Protection Program PPP SMBs Texas What's Hot

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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. Apple Attorney General consumer protection legal News Texas trade practices What's Hot

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Texas Halts Reopening Plans As COVID Cases Spike

PYMNTS

As coronavirus cases spike in Texas, the state’s officials have walked back their reopening plans for the state, CNBC reported. Texas is among the hardest-hit states, with the greatest number of new cases.

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Texas Man Charged In $5 Million PPP Loan Fraud Case

PYMNTS

A Texas resident, 32-year-old Samuel Yates, was charged with allegedly trying to file fraudulent bank applications for over $5 million in loans related to COVID-19 relief, according to a press release Friday (Jan.

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DOJ: Texas Man Allegedly Claimed Employees To Net $5M In PPP Funds

PYMNTS

A Texas man is facing charges of filing fraudulent loan applications seeking more than $5 million in forgivable loans from the Small Business Administration’s (SBA) Paycheck Protection Program (PPP), according to the U.S. Brown of the Eastern District of Texas, in a statement. “We

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Fresh off deal in Florida, First Foundation mulls acquisitions in Texas

American Banker

Community banking Texas M&A

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ATMIA: Texas ATM human trafficking bill 'based on false premise'

ATM Marketplace

A proposed law to register ATMs in Texas to fight human trafficking has drawn criticism from the ATM industry

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Earnings surge at Texas Trust Credit Union

American Banker

Lending Credit unions Earnings TexasThe Arlington-based institution made gains across several metrics in 2020, including loan growth of 22%, driven in part by the mortgage refi boom. ]].

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New Uber Hub To Create 3K New Jobs In Texas

PYMNTS

Texas Gov. 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. Our unrivaled workforce and business-friendly environment makes Texas the perfect home for innovative companies like Uber.”.

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Innovation reflects immigration at Texas National Bank

American Banker

Diversity and equality Community banking Technology Mobile technology

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How Texas wants to use ATMs to stop human trafficking

ATM Marketplace

A Texas house bill aims to fight human trafficking by requiring operators to register white-label ATMs

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Texas bill targets large banks' gun policies. Small banks don't object.

American Banker

State of Texas ESG Government bonds Community banks

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FirstSun adding to Texas operations with Pioneer acquisition

American Banker

Texas M&A Growth strategies

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NCUA places Texas credit union into conservatorship

American Banker

Credit unions Industry News Regulation and compliance

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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. Frisco Self-Driving Cars Texas What's HotIn a press release , Drive.ai

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Goldman Sachs plans new Dallas campus, extending bet on hub in Texas

American Banker

Goldman Sachs Investment banking Texas

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Texas Capital, Independent terminate $3 billion merger

American Banker

Texas Capital also said that Keith Cargill has stepped down as president and CEO. Texas M&A Coronavirus Growth strategies Succession planning Energy industry

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Texas federal court enforces arbitration agreement and dismisses class action lawsuit filed against fintech company for evading Texas usury limit

CFPB Monitor

A Texas federal court has dismissed a class action lawsuit against Opportunity Financial, LLC (“OppFi”) alleging OppFi violated Texas usury law by charging interest on loans it made through a partnership with a state-chartered bank at rates above the maximum rate permitted by Texas law.

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Rumblings of Texas M&A wave after high-profile deal

American Banker

The Independent Bank-Texas Capital merger could prompt other banks in the state to consider selling or buying. M&A Community banking Digital banking Revenue and expenses Texas

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Credit unions across Texas dig out after historic winter storm

American Banker

Crisis Management Natural disasters Credit unions Texas Branch management Disaster recoveryA severe cold snap in the state has tested financial institutions unaccustomed to such weather-related disruption.

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Feds Charge Texas Man With CARES Act Fraud

PYMNTS

Dinesh Sah, 55, of Coppell, Texas, was charged with three counts of wire fraud, three counts of bank fraud and one count of money laundering. Federal prosecutors on Thursday (Oct. 8) charged a Dallas-area man with allegedly playing a role in a scheme that sought to fraudulently obtain $24.8

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Uber And Lyft Returning To Texas?

PYMNTS

Uber and Lyft, the two ride-hailing firms that left several Texas markets over controversy tied to fingerprint background checks, may be coming back. News Ridesharing greg abbott Legislation Lyft ride-hailing Texas Uber What's HotReuters reports that the state’s governor, Greg Abbott, will sign a bill over the next few days that comes in the wake of House Bill 100’s approval last week.

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Coronavirus Refunds: AAA Texas Unveils $125M In Premium Refunds; San Diego State To Provide Over $24M In Refunds

PYMNTS

Members of AAA who have their vehicles insured via the Interinsurance Exchange of the Automobile Club and its affiliate insurers will get a total of $125 million in premium reimbursements, AAA Texas said in an announcement. Coronavirus AAA Texas Insurance News San Diego State University

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Texas bank's leader takes leave after contracting coronavirus

American Banker

Spirit of Texas Bancshares named an interim CEO for Dean Bass, though the company said he is recovering. Community banking Texas Coronavirus Succession planning

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Ripple Gives $2M To Texas University For Blockchain Research

PYMNTS

As part of Ripple ’s $50 million pledge for blockchain research, the crypto firm has said it will give $2 million over five years to the McCombs School of Business at the University of Texas in Austin. Blockchain Cryptocrrency distributed ledger News Ripple school funding University of Texas at Austin What's Hot

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Bitcoin Daily: China’s Cosco Shipping Will Test Blockchain Tool; Tech Mahindra Rolls Out Blockchain System; Texas Orders S. African Co To Stop Selling Crypto Securities

PYMNTS

On another note, The Texas State Securities Board announced an “emergency action” in the form of a cease and desist order to halt South African company Mirror Trading International PTY LTD, which was referred to as an “international, multilevel marketing” effort in a press release.

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