article thumbnail

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. increase, while the San Antonio metro, up 19.4%, ranked 12th. Those in south central Texas, which includes San Antonio, supported an estimated 211,000 jobs and contributed nearly $25.2 By Mindy Charski.

Texas 182
article thumbnail

Inside look: Frost Bank’s AI and payments strategy

BankInovation

Frost Bank is investing in its AI, payments and customer onboarding experience to remain competitive and penetrate new markets. In the second quarter, the $49 billion San Antonio-based bank upped its technology spend 8% year over year to $35.9 million, according to its July 25 earnings report. “We

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Study: US Housing Market Slows Down As Homeowners Stay Put Longer

PYMNTS

homeowners’ decision to stay in their homes longer is keeping much-needed inventory off the real estate market, causing a slip in home sales. The predicament has reduced the number of homes for sale, making for a more competitive market for buyers. Homeowners age 67 to 85 are remaining homeowners longer causing a shortage of 1.6

article thumbnail

eScooter Startup Lime Exits 12 Markets, Fires 14 Pct. Of Staff

PYMNTS

Lime is striving to reach profitability in 2020 and is laying off about 14 percent of its workforce — roughly 100 people — and ceasing operations in 12 markets, according to reports on Thursday (Jan. These market closures have an effect not just on riders, but on our whole Lime community. More global markets planned for this month.

article thumbnail

Amazon Announces Next Whole Foods Delivery Expansion

PYMNTS

Grocery delivery for Prime members is taking its next great leap forward as Amazon and Whole Foods have announced that Prime Now Grocery is expanding to Chicago, Houston, Indianapolis, Minneapolis and San Antonio. Customers can start shopping from Whole Foods Market selection from the Prime Now website or by using the app available.

article thumbnail

7-Eleven Launches Beer Delivery In Select US Markets

PYMNTS

” According to Fortune , the company will test the service in 18 markets: Austin, Texas; Charlotte, North Carolina; Chicago, Illinois; Dallas-Ft. Convenience store operator 7-Eleven is launching beer and cider delivery in select U.S. Customers can place their beer orders via the 7Now app. Worth, Texas; Los Angeles, California; Miami-Ft.

St. Louis 129
article thumbnail

Market your community bank with first-party data

Independent Banker

Illustration by The Laundry Room/Stocksy Customer data fuels efficient and effective marketing these days. Andrew Catalano, Austin Williams While most community banks aren’t yet using first-party data for marketing purposes to grow revenue and retain customers, experts say those willing to invest in the effort can reap big rewards. “To