Remove Capital Remove Cards Remove Delaware Remove Retail
article thumbnail

Barclays US Taps Ex-Capital One Exec To Lead Cards And Payments Business

PYMNTS

Barclays announced that it has appointed Shane Holdaway as the company’s CEO of its cards and payments division in the U.S. For the past five years, Holdaway was the president of Capital One’s Canadian division, and played a leading role in the company becoming the exclusive credit card issuer for Costco Wholesale Canada.

Capital 100
article thumbnail

Barclays Eyes US Expansion

PYMNTS

In addition, sources say that Barclays is putting more capital behind its U.S. credit card operations. Since then, it launched an online lender in Delaware, which collects term deposits to fund its large U.S. credit card business. billion of deposits to its Delaware operation. checking account offering.

Delaware 101
Insiders

Sign Up for our Newsletter

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

article thumbnail

Holiday Season Brings Corporate Payments Fraud Spike

PYMNTS

The holidays are unfortunately one of the busiest times of the year for fraudsters looking to capitalize on the surge of shopping and payments activity. The scam then requests the employee to submit those gift card numbers to the “boss” over email, falsely claiming that the gift cards are gifts for employees and others.

Fraud 149
article thumbnail

Companies ‘Pivoting To Blockchain’ See Huge Stock Spikes — But Does The Hype Hold Up?

CB Insights

Online retailer Overstock.com, which traditionally sells home goods, clothing, and beauty products, announced December 14 that it would look to sell or reorganize its retail business in order to focus on blockchain. Exchange: NASDAQ. Price: Peak post-announcement price: $70.00. Closing price 03/23/18: $45.20.

article thumbnail

Banking Is Only The Beginning: 30 Big Industries Blockchain Could Transform

CB Insights

Abra, another blockchain-enabled mobile wallet and payments startup, was recently integrated into the payments ecosystem of American Express: through a new feature , customers will be able to fund their Abra wallets using an eligible American Express Card. Gift cards and loyalty programs. Cybersecurity. CROWDfunding.