TEXAS BANKING NEWS, PEOPLE and IDEAS

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TEXAS BANKING NEWS, PEOPLE AND IDEAS

TEXAS BANKING NEWS, PEOPLE AND IDEAS

digital transformation

Sanderson Appointed Chief Transformation Officer at First United Bank

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Durant, Oklahoma-based First United Bank has appointed Justin Sanderson to serve as chief transformation officer. Officing in Plano, he will lead the bank’s enterprise-wide transformation initiatives focused on growth, innovation and customer experience. Sanderson will focus on aligning strategy and technology. He will work across business lines to drive initiatives that improve efficiency, strengthen engagement … Read more

67 Percent of Financial Institutions are Implementing AI. Only 16 Percent Know Why.

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By JAMES WHITE, EngageFI  Scan the trade publications and conference agendas, and you’ll find a drumbeat of optimism: AI adoption is surging. Two-thirds of financial institutions are now “implementing AI.” Budgets are climbing. Use cases are multiplying. The future, we’re told, has arrived. But the banking industry is celebrating the wrong number. Here’s the problem. … Read more

Millette Joins R Bank as Chief Information Officer and Executive Vice President

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Round Rock-based R Bank has hired Chris Millette to serve as executive vice president/chief information officer. He will lead the bank’s information technology strategy. Millette has served as a technology leader for several community banks, driving digital transformation, cybersecurity enhancements and regulatory oversight of operational efficiency. Prior to joining R Bank, Millette was senior vice … Read more

What are Bankers’ Top Priorities for 2024?

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By Allison Maddock, CSI To find out how bankers will confront challenges associated with a changing technology landscape, artificial intelligence, cybersecurity, financial crimes and more, Kentucky-based CSI, a leader in the fintech and regtech industries, surveyed banking executives from across the nation about their strategies and priorities for 2024. The survey results spotlight the challenges … Read more

American State Bank Partners with NFL’s Mahomes to Accelerate National Expansion

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On October 27, Arp-based American State Bank announced a partnership with Super Bowl-winning Kansas City Chiefs quarterback Patrick Mahomes as the bank looks to accelerate its expansion plans and digital transformation. As part of this buildout in the Lubbock, Amarillo, Plainview and Dallas/Fort Worth markets, Mahomes has become a significant stakeholder in American State Bank. … Read more