The turnaround of Texas Capital Bank

American Banker

Texas M&A Commercial banking

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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 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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Texas Hotelier Nets $59M In PPP Loans


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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How Texas Restaurants Are Using A Safety Seal of Approval To Get Customers Back


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.

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Texas Lets Eateries Deliver Alcohol With Food Orders


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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Texas AG Leads Multi-State Consumer Protection Probe Into Apple


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 Hotel Group To Give Back $70M In PPP Loans


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 Halts Reopening Plans As COVID Cases Spike


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

American Banker

State regulators Texas Citigroup Bonds

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


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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Texas Man Charged In $5 Million PPP Loan Fraud Case


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

American Banker

Community banking Texas M&A

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New Uber Hub To Create 3K New Jobs In Texas


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

American Banker

Goldman Sachs Investment banking Texas To Launch Self-Driving Car Pilot In Frisco, Texas

PYMNTS , 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 ,

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Feds Charge Texas Man With CARES Act Fraud


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


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

Uber And Lyft Returning To Texas?


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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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


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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Branch Business: Texas Capital and Provident Banks Expand Footprints

Banking Exchange

Relocations to help capitalize and expand the market reach in promising regions Community Banking Feature3 Feature Management M&A. 1Community Banking

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Ripple Gives $2M To Texas University For Blockchain Research


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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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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BancorpSouth to buy National United in Texas

American Banker

Texas M&A Growth strategiesThe companies took a pause from merger discussions when the pandemic hit to evaluate their individual circumstances.

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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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Google Asks Texas Court To Transfer Multi-State AG Lawsuit To California


judge in Texas for a change of venue regarding an antitrust lawsuit filed by 10 attorneys general, Reuters reported Wednesday (Jan. Texas and nine other states filed a lawsuit in Sherman, Texas, alleging that Google unfairly collaborated with Facebook to advance its digital ad business.

New year appointments: Texas Capital Bank, Peoples Bank, First Financial, Cetera

Banking Exchange

Former head of Citigroup Wealth Advisors to join Texas Capital in newly-created role Management Feature Human Resources Financial Trends Feature3. 1Management

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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. Alkami, which provides white-labeled solutions for banks and credit unions to implement across their digital and mobile platforms, was started in 2009 because there “wasn’t a lot of innovation that was happening in the digital banking space,” […]. Capital Exclusive Mobile Online Alkami Technology capital Mobile banking SaaS startups

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Three Texas banks planning to merge

American Banker

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