It seems the black bars were caused by the VGA cable or the monitor i was running on. I just connected my PC to my other monitor which supports DVI with Dual-Link and the black bars are gone. The crashes are possibly caused by MSI Afterburner although I didn't overclock my GPU. If I first close MSI Afterburner and then start a game, the game doesn't crash. I have installed the GPU and mobo drivers. Here's full specs:
i7 6800K
Corsair H110i GT
Asus ROG Strix X99 Gaming
Corsair Vengeance LPX 16GB (4x4GB) 3200MHz Quad Channel
Samsung 850 EVO 500GB
Seagate Barracuda 2TB
Radeon R9 270X (I know it sucks, I plan to upgrade soon, also this GPU doesn't support UEFI boot so I have CSM enabled in BIOS)
NZXT H440
EVGA SuperNOVA P2 850W