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Proposed Law Would Force Delaware Businesses To Accept Cash

PYMNTS

A new proposed law in Delaware would make it illegal for businesses to only accept cash, according to a report by the Associated Press. If the new Delaware bill is made into law, offenders could face up to $10,000 per violation. The Massachusetts law was passed almost four decades ago.

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WSFS wealth unit does deal to expand in Delaware, South Florida

American Banker

The Wilmington, Delaware, bank announced Tuesday that it had purchased Bell Rock Capital. WSFS' management said that legal troubles involving that investment advisory firm's founder won't affect the transaction.

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Delaware Digs Into Blockchain’s Tech

PYMNTS

Delaware, a state also known for incorporating most public companies, is eyeing the blockchain. This is something we’re very interested in,” Delaware Governor Jack Markell said in an interview with The Wall Street Journal.

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Queenstown Bank Offers Kasasa Brand in Maryland and Delaware

BankDeals

Queenstown Bank currently offers its Kasasa Cash, Kasasa Cash Back, and Kasasa Saver to residents of Maryland and Delaware through online application.

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Delaware federal district court holds use of overdraft notice template did not shield credit union from Regulation E or state law liability

CFPB Monitor

A Delaware federal court has refused to dismiss a class action complaint filed against a credit union that alleges the credit union violated Regulation E and the Delaware Consumer Fraud Act (CFA) even though the credit union’s overdraft opt-in notice tracked the language in the Regulation E model notice.

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A Delaware firm taps blockchain to breathe life into Asia's open commerce push

Payments Source

A Delaware company's plotting to use blockchain to blow the lid off of supply chain inefficiencies and be the main catalyst behind Asia's burgeoning open markets and electronic payments initiative.

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Delaware enacts law providing financial relief to federal employees impacted by shutdowns

CFPB Monitor

On January 23, Delaware Governor John Carney signed the “ Delaware Federal Employees Civil Relief Act ” into law. The Act states that its purpose “is to provide for the temporary suspension of judicial and administrative proceedings in Delaware that may adversely affect the civil rights of Federal workers during a shutdown.”