Comerica says its AI bot performs work of six IT helpdesk agents
American Banker
APRIL 19, 2024
The Dallas-based regional bank tapped a client for its copilot capabilities, where employees can message a bot instead of a human to get tech assistance.
New Uber Hub To Create 3K New Jobs In Texas
PYMNTS
AUGUST 20, 2019
General and Administrative Hub in Dallas. 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. Uber is excited to bring this major investment to Texas and to increase our commitment to the City of Dallas.”.
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CFPB to participate in Dallas FTC debt collection program
CFPB Monitor
AUGUST 6, 2015
The CFPB will be participating in the FTC’s second “Debt Collection Dialogue” to be held in Dallas, Texas on September 29, 2015. Gregory Nodler, CFPB Senior Counsel for Enforcement Policy and Strategy, is scheduled to be a panelist. The program is free and open to the public.
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Fee income was upside surprise at regionals, including Texas Capital
American Banker
JULY 31, 2023
Dallas-based Texas Capital stood out from the pack, reporting a large uptick in fee income thanks largely to its new investment banking platform. Median noninterest income at midsize banks rose 7.2% in the second quarter, exceeding expectations.
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Huntington unveils new expansion push into Texas
American Banker
MARCH 7, 2024
The Columbus, Ohio, regional bank will focus first on Dallas before venturing statewide. Its move into the Lone Star State comes three months after announcing a similar initiative in the Carolinas.
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What To Make Of The Gradual Return Of The In-Office Workforce
PYMNTS
OCTOBER 29, 2020
But not every city is San Francisco, and when one looks at a place like Dallas-Fort Worth, which has led the nation for the last two months in the number of workers returning to their offices, the story is a bit different. Nationally, however, the reality seems to be somewhere between San Francisco and Dallas.
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Cullen/Frost plans to double its branch presence in Austin
American Banker
JUNE 30, 2023
The San Antonio bank says it will open 17 new financial centers in the Austin region by 2026. It's the latest step in a physical expansion strategy that has led to dozens of new branches in Houston and Dallas.
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How Auto Sales Are Driving New Retail Trends
PYMNTS
JANUARY 7, 2020
The company has teamed up with Regions Bank to provide the possibility of virtual loans to consumers in Texas, the South and the Midwest. When someone goes to the auto center section of the Regions Bank website , they’ll be routed to a new, co-branded site from the two companies.
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Comerica, B of A Towers in Dallas Closed Amid Shooting Probe
American Banker
JULY 8, 2016
Comerica and Bank of America closed their downtown Dallas headquarters on Friday, amid an investigation into the fatal shooting of five police officers, which took place nearby.
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Walmart Takes Customer Service Associates To School
PYMNTS
MARCH 1, 2016
The Dallas Morning News reported that Walmart is set to open about 200 new academies dedicated to training department and assistant store managers in the finer points of the American consumer. Happy associates, make happy customers,” Hostetler said.
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15 Minutes With … Jimmy Rasmussen
Independent Banker
APRIL 28, 2016
IB: You were recently reelected to serve a second term on the Federal Reserve Bank of Dallas board of directors. I do my best to be their voice at our Dallas meetings. IB: What kinds of insights do you provide as a director to the Dallas Fed? IB: What kinds of insights do you provide as a director to the Dallas Fed?
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AmazonFresh Continues To Expand
PYMNTS
OCTOBER 27, 2016
26) that its grocery delivery platform, AmazonFresh, is continuing its march toward national domination with the addition of two new cities : Chicago and Dallas. We continue to expand AmazonFresh into new regions so that more and more customers can take advantage of the service,” said Ben Hartman, VP of AmazonFresh.
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Texas Capital sees mortgage woes amid long-term overhaul
American Banker
JANUARY 18, 2024
The Dallas bank's full-year results showed progress toward its long-term strategic goals despite a fourth-quarter drop-off in net interest income heavily tied to its mortgage business, executives said on an earnings call.
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AriseBank To Pay $2.3M Over ICO Violations
PYMNTS
DECEMBER 13, 2018
The report, citing court proceedings in Dallas, reported that AriseBank Founder Jared Rice and Co-founder Stanley Ford took around $4.25 Rice and Ford lied to AriseBank’s investors by pitching the company as a first-of-its-kind decentralized bank,” said Shamoil Shipchandler, director of the SEC’s Fort Worth regional office.
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Five At Five: France Aims To Tax Big Tech
PYMNTS
NOVEMBER 6, 2018
The new tax would apply to Google, Apple, Facebook and Amazon so that they are paying what the government sees as a fairer tax rate in the region. The eCommerce giant was in late-stage discussions with a handful of communities, including Crystal City in northern Virginia, Dallas and New York City. Amazon Eyes Two-City Split For HQ2.
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Comerica joins list of big banks assisting Black-run institutions
American Banker
AUGUST 19, 2020
The Dallas regional is placing deposits in several minority depository institutions, providing each with low-cost funds that can be redeployed in underserved communities.
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Amazon Eyes Two-City Split For HQ2
PYMNTS
NOVEMBER 6, 2018
It was reported over the weekend that the eCommerce giant was in late-stage discussions with a handful of communities, including Crystal City in northern Virginia, Dallas and New York City. I think it becomes just a regional office or a back office or a major office, but not a co-headquarters.”.
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Retail Rental Payments Make Comeback
PYMNTS
JULY 27, 2020
The report is confirmation that reopened retail stores are generating revenue despite high unemployment and regional pandemic spikes. According to Marshall Mills, president and CEO of Dallas commercial real estate broker Weitzman, assistance programs for retailers are working.
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164 Uber Eats Teams With Costcutter In The UK
PYMNTS
OCTOBER 23, 2019
CSG retailers have the ability to sign up for the platform with multiple regional roadshows to take place throughout the country in the weeks to come to show the app. The function was tested in San Diego, Phoenix, Austin, Texas and Dallas. It was made available across the country on Oct.
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Comerica prioritizes forgiveness of larger PPP loans
American Banker
OCTOBER 20, 2020
The Dallas bank has begun encouraging larger borrowers to seek forgiveness of Paycheck Protection Program loans first as it holds out for the government to streamline the process for loans below $150,000.
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Grappling With COVID-19, Airlines Shift From Passengers To Cargo
PYMNTS
MARCH 23, 2020
777-300s, will transport medical supplies, eCommerce items and office equipment, flying between Frankfurt and American Airline’s base at the Dallas-Fort Worth airport. As COVID-19 has reduced passenger traffic by about 50 percent, there has been some optimism for cargo flights in the region. The planes, Boeing Co.
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FOMC’s Annual Rotation Portends More Hawkishness
TrustBank
DECEMBER 1, 2022
The FOMC is composed of 12 members — the seven-member Board of Governors and five members drawn from the 12 regional Reserve Bank presidents. The other four voting positions are typically filled each year on a rotating basis from the remaining presidents of the other regional Reserve Banks. We had no idea how right we would be.
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Behind “Team Perficient:” A Hole-In-One Partnership with Top PGA and LPGA Golfers
Perficient
SEPTEMBER 20, 2020
Louis Blues and Dallas Mavericks in the NBA. Abe’s pride in his Latin American heritage also appealed to us as we recently expanded in the region and as we approach a point where almost half of our consulting staff exists nearshore or offshore. Well, there’s a couple interesting things worth noting there.
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How Food Delivery Platforms Can Move Beyond Big City Takeout
PYMNTS
MARCH 20, 2018
Before Chris Meaux started Waitr , he was living in a quiet area of the Dallas Metroplex called Southlake in the early 2010s. It was the regional grocers … saying, ‘Hey, we got customers calling us wanting to be on Waitr. region — states such as Alabama, Arkansas, Florida and Georgia. So, it’s now testing out grocery delivery.
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From Payment To Pavement: The Challenges Of Bikesharing
PYMNTS
APRIL 10, 2018
Even within a single country, different regions have their own challenges. A successful platform in Miami, Florida may flop in Dallas, Texas, while the one that worked in Dallas likely wouldn’t work in Brazil. Latin America presents a particular challenge in that respect, due to the regionally low credit card penetration rate.
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Comerica to pause growth of loan-loss reserves as portfolio holds up
American Banker
SEPTEMBER 14, 2020
The performance of about $3 billion in hotel and other loans flagged by the Dallas company as high-risk has been a "a pleasant surprise," its chief credit officer said at an industry conference.
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A Rising Texas Star
Independent Banker
JULY 30, 2015
After a career of nearly three decades as a banker serving various community and regional institutions in the Dallas-Fort Worth area, C. He became a full-fledged community bank owner by purchasing a Dallas community bank, which was renamed Veritex Community Bank. By Kerry Curry.
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Washington should sit out search for regional Fed chiefs: GOP senators
American Banker
OCTOBER 13, 2021
(..)
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Comerica remains bullish on energy even as pandemic roils sector
American Banker
JULY 21, 2020
The Dallas bank set aside less in the second quarter for credit losses than analysts expected. Executives cited action in Texas and California to reverse reopenings and said they're still committed to the oil and gas business.
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The top-performing community banks of 2021
Independent Banker
APRIL 30, 2022
Genesee Regional Bank. Philip Pecora, president and CEO, Genesee Regional Bank. Genesee Regional Bank. Philip Pecora, president and CEO Genesee Regional Bank. Q: Why has Genesee Regional Bank succeeded? First Bank. Burkburnett. Home Loan Investment Bank, F.S.B. HNB National Bank. Presidential Bank, FSB. Old Monroe.
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4 Lessons to be covered in Sageworks Credit Analysis User Groups
Abrigo
JANUARY 13, 2016
Sageworks recently announced its lineup for regional User Groups in 2016 , including events in Atlanta, Philadelphia, Los Angeles and Dallas. Each event will feature 2 tracks: one for users of Sageworks Credit Analysis and one for users of Sageworks ALLL.
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Verizon 5G Network Launch Foreshadows Mobile Commerce Changes
PYMNTS
MARCH 15, 2019
The upcoming launches in the Midwest – in one city that is considered the capital of the region, and in another that is a growing destination for young, digitally-minded professionals, including those priced out of the Chicago housing market – represent more significant progress for the new mobile network technology. 5G Potential.
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168 Kroger Risks Losing The Digital Grocery Race
PYMNTS
APRIL 23, 2019
In its home Cincinnati region, sales were up increased 4.9 percent of the region’s total $6.1 The chain has also eked out notable gains in LA, Dallas, Phoenix and Detroit among other major metros. percent over the last two years to 49.3 billion of groceries sales in 2018. Terry Kelly, a principal at Bartlett & Co.
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Santander Consumer Profit Falls on Personal Lending Woes
American Banker
NOVEMBER 9, 2016
Santander Consumer Holdings USA in Dallas on Wednesday reported lower quarterly profits due to ongoing issues associated with its discontinued personal loan business.
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Taking On The Last Mile Of Prepared Food With Local Retail Partners
PYMNTS
SEPTEMBER 17, 2018
To order a meal from Territory Foods, customers start by selecting one of the four regions – Washington, D.C.; San Francisco or Dallas-Fort Worth – as the menu options are tailored to each market in which the company operates. The Customer Experience.
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Did supply constraints tilt the Phillips Curve?
BankUnderground
JULY 5, 2023
Chart 1 compares two popular measures of supply pressure, the NY Fed GSCPI Index (cyan line, which focuses on supply chain frictions), and the Dallas Fed IGREA (orange line, which captures the global commodity market pressure) – with a Composite Supply Pressure Index (CSPI, purple line, which we construct as a simple average of the two).
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Rescuing The Restaurant Business From App Decline
PYMNTS
MARCH 9, 2020
“What will factor into any restaurant or restaurant group’s success in tomorrow’s online world are the numbers and demographics of just how tourist-traveled your city, town, or region is going forward. As the year rolls on he expects to launch in Seattle, Los Angeles, San Francisco, Austin, Dallas, Houston, Chicago, Boston and Miami.
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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023
South State Correspondent
JANUARY 4, 2023
Despite a 30% increase in expected losses in markets like Dallas, Atlanta, D.C., That market share has come mainly from regional and community banks. This means that supply will outpace demand, likely sending vacancy rates higher by another 1% (on top of the 1% increase we saw last year). Conclusion.
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Bankers: Is your strategy the same as your competitor?
Jeff For Banks
MARCH 29, 2014
We serve our local geographic market which is the Dallas - Fort Worth metropolitan area. We serve the dental and other health professional industries through a centralized loan and deposit platform that operates out of our main office in Dallas, Texas and serves clients in 30 states. We focus our marketing efforts in three areas.
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Santander Consumer Adds Former Ally Exec, Treasury Official to Board
American Banker
DECEMBER 6, 2016
Santander Consumer USA Holdings in Dallas has named a former president of Ally Financial and a former Treasury Department official to its board.
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28 A Boon For Conglomerates, A Bust For SMEs
PYMNTS
MARCH 7, 2016
7 out of 9 regions in the U.S. Researchers pointed to Dallas as the city with the strongest growth, followed by Seattle. That surge is the result of a better-than-expected report, which revealed that, despite a 3 percent decline in year-over-year sales, HP Enterprise surpassed expectations, hitting $12.7
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