TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
By Craig Brown, Clint Irvin, Jeff Ulmer and Adam Wells Huron The breadth and depth of risks in the finance sector extend far beyond the realms of capital and liquidity. Credit, reputational, strategic, operational, compliance, information security, cybersecurity, third-party and business-continuity risks all fall under this expansive umbrella. Preemptive management of these risks is not … Read more
On October 3, the Independent Bankers Association of Texas (IBAT) announced that it has teamed up with Community Capital Technology Inc., a newly endorsed provider of the community banking organization, to offer IBAT Loan Marketplace, a digital platform designed to empower Texas community banks to buy, sell, participate in and originate loans more transparently and … Read more
On July 14, Henderson-based VeraBank announced that it has received the 2023 Financial Services Impact Award in the “Speed” category by North Carolina-based nCino, a financial technology company. The company’s cloud-based banking software helps financial institutions gain efficiencies from digitizing and streamlining processes in commercial banking, small-business banking and retail banking. The award recognizes stand-out … Read more
On January 4, IT managed service provider Integris announced that it has purchased San Angelo-based CalTech, a community-banking-focused IT managed service provider with offices in Texas and Kansas. This marks Integris’ third acquisition in less than six months, accelerating tremendous growth for the company and its national footprint. With CalTech, Integris now has more than … Read more
Paducah, Kentucky-based Computer Services Inc. (CSI), a leading provider of end-to-end fintech and regtech solutions, has partnered with Bankers Helping Bankers to further the organization’s mission of empowering community banks. Established by FedFis and the Independent Bankers Association of Texas (IBAT) in late 2021, Bankers Helping Bankers connects bankers nationwide so that they can identify … Read more
On July 12, Bankers Helping Bankers (BHB) announced the launch of the Bankers Helping Bankers Fund (BHB Fund), a fintech venture capital fund managed by Latitude38 Venture Partners. The fund will support community bankers’ engagement with emerging technology providers to meet the future needs of customers and navigate the rapidly changing landscape of financial technology. It’s … Read more
On April 22, Wilmington, Delaware-based PNC Bank announced the opening of its North Texas Technology and Innovation Hub, the most recent tech-focused space it has opened across its coast-to-coast footprint and the first hub of this type to be established in Texas. The hub will accommodate approximately 200 employees, the majority of which will focus on … Read more
By Achim Griesel and Sean Payant, Haberfeld Going back a couple of years prior to the pandemic, “digital” was the latest catchphrase in banking. Accelerated by the pandemic and beginning in March 2020, there has not been a single day when we haven’t had the opportunity to read even more about the digitization of the … Read more
The Independent Bankers Association of Texas (IBAT) and FedFis, a fintech firm specializing in data transformation for financial institutions, have announced Bankers Helping Bankers, a new bankers-only platform to help community banks survive and thrive. Texas-based FedFis brings more than 40 years of building data in the banking industry, information that can benefit every community … Read more
What if we could predict the weather? On September 5, 1862, this question led James Glaisher to do something no one had ever done before. Along with aeronaut Henry Tracy Coxwell, he stepped into a hot-air balloon and ascended to heights never before reached, almost 36,000 feet. Before eventually passing out due to a lack … Read more