Out of 26 million Texans, you may have an idea to change the world. You may have had several ideas to change the world. But only a tiny minority of you pushed through the U.S. Patent office from application to successful patent. We've seen Texans change the world many times over. Jack Kilby did it with Texas Instruments in 1958 with the integrated circuit, causing the start of the digital revolution, which, in part, is why you can read these words over your electronic device.
Over the last few years, Texas Business has brought its feature: Texas Business Patent of the Day. This list is of the ones that were either extremely clever, odd or strange. One thing becomes apparent from these patents and the patent that runs daily in Texas Business—Texans have a unique mind set.
Though the history of the Corn Dog is disputed, the State Fair of Texas claims to have introduced the Corny Dog sometime between 1938 and 1942. As a paean to that invention that now sits in the freezer section of every grocery store in the southwest, here are the fried foods the State Fair of Texas has introduced, or tried to introduce, in the last seven years.
Don't get caught up with John Wayne religion. For one thing, he's not Texan. He's in some fine movies involving Texas, most notably The Searchers, but none of his movies can make the best cut of Texas movies. Here's the short list.
Unsung Texas Business Journalists Mention that one is a reporter, and there's a spark of interest. Mention that one is a business news reporter, and watch the eyes glaze over. Except to the players, business and economic journalists are unappreciated. While many wish to become sports reporters when they grow up, most do not realize that business journalists cover the Real Game. Mention that reporter covers business, and watch the eyes glaze over. A toast to these below on the short list and the numerous unnamed ones slogging away. Full Story » TexasBusiness.com
Best Texas Mexican Food: The Short List No, we're not going to debate the difference between Tex-Mex, Mex-Tex, Mexican and Texican food. Just know these establishments are the pinnacle of Texas Mexican fare. No brag, just fact. Full Story » TexasBusiness.com
Best Texas Burgers Texas Burgers. . While a hamburger is merely sustenance and gratification for a meal, the memory a good Texas burger can give rise to Homeric odes. The short list. Full Story » TexasBusiness.com
Banker's Toolbox, a provider of comprehensive solutions to help financial institutions detect and eliminate money laundering and check fraud, announced that Whittier, Calif.-based Friendly Hills Bank, ($90 million in assets) has implemented Banker's Toolbox's Bank Secrecy Act / Anti-Money Laundering Management (BAM(R)) software to provide comprehensive automated money laundering prevention services and WirePro(R) for complete wire processing automation.
Friendly Hills Bank selected Banker's Toolbox because of the software's ability to streamline the process of detecting and reporting suspicious transactions among the bank's two branches serving Whittier and Santa Fe Springs, Calif. and their surrounding communities. Friendly Hills Bank also cited the software's compatibility with DCI (Data Center Incorporated)'s iCore360(R), the bank's core system. By combining all wire and Bank Secrecy Act (BSA) operations into an integrated program, Friendly Hills Bank can increase efficiency and ensure accuracy in reporting.
"As our bank grew, it became increasingly labor-intensive to monitor cash and wire transactions manually using spreadsheets," said Glyenis Hart, senior vice president and operations manager for Friendly Hills Bank. "Banker's Toolbox enables us to automate the collection of data, monitor all transactions easily using one system, and create wonderful, easy-to-understand reports."
Banker's Toolbox provides a single vendor option to banks to help discover and respond to suspicious transactions, process wires and integrate teller cash reports with wire reports. In addition to BAM, Friendly Hills Bank implemented the Banker's Toolbox's WirePro software to simplify the processing of wire transactions.
"WirePro changed our approach to processing wires and let us create the reports we need to balance with the Federal Reserve," continued Hart. "The system enables us to process incoming and outgoing wires and automatically archive all of our data."
"Community banks need an efficient and cost-effective system to continuously monitor a variety of transactions and activity," said Daniel Cho, chief executive officer of Banker's Toolbox. "Our solutions make it possible for Friendly Hills Bank to reduce the time associated with transaction monitoring while providing practical tools to protect against money laundering and comply with BSA/AML guidelines."
About Friendly Hills Bank
Friendly Hills Bank is a community bank with more than $90 million in total assets at March 31, 2010, providing financial services to customers in the Los Angeles and Orange County areas of California. The company fulfills the financial needs of individuals, businesses and professionals and offers full service commercial banking products. Established in 2006, Friendly Hills Banks was formed by members of the community seeking an alternative to the larger financial institutions in the area.
About Banker's Toolbox, Inc.
Austin, Texas-based Banker's Toolbox, Inc., helps banks manage risk and streamline compliance examinations. The company's product suite consists of affordable solutions for money laundering detection and reporting, risk management through fraud and kite prevention, secure wire processing automation, and commercial real estate loan portfolio risk assessment.
The Texas News Scrawl is a handy reference to stories Texas Business recommends from other news sources. Some of the stories that Texas Business currently suggests include: The Biggest Dallas Beer Stories of 2013; Southwest Airlines wants American Airlines’ two gates at Love Field; Rule could mean lights out in Texas; Free encyclopedia called in lawyers after 300 'sock puppet' accounts were traced to Texas firm; The economics of Marfa; Famed Austin Nightclub Is Sold; Cinemark opening Movie Bistro in El Paso; Blockbuster Fades Out, But Some Texas Zombie Stores Will Live On; IBM debuts major new Austin design studio; and more.