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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.

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The dark side of Delaware's incorporation business

American Banker

Regulation and compliance

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Dover Federal Credit Union in Delaware names new chief executive

American Banker

Credit unions Industry News

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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. “We The state whose claim to fame is being the first state in the Union in 1787 might soon get a little more tech-savvy.

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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 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.” We are hopeful that Delaware’s Attorney General or Department of Banking will issue guidance on the Act.

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Delaware court blocks Republic’s bid to force Green Dot to buy tax unit

American Banker

Industry News Community banking

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Delaware to Push Blockchain, Smart Contract Technologies

American Banker

Delaware, whose business-friendly laws have lured more than half the country's publicly traded corporations and more than 60% of the Fortune 500 to incorporate in the state, is now vying to become a hub for blockchain technology. breaking_news law-regulation fintech disruptors de bank-technology

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Delaware Gov. Pledges 'Balanced' Approach to Blockchain Regulation

Payments Source

The state of Delaware is looking to avoid prescriptive regulations when it comes to supervising blockhain companies, but instead be mindful of how the industry actually works, Gov. Jack Markell said Monday. regulation technology digital-currency news regulation-compliance

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Sports Concessions, Dunkin’ To Test Mastercard Checkout-Free System

PYMNTS

Food and beverage stand operator Delaware North intends to test Shop Anywhere in Q4. Retail Accel Robotics Delaware North Digital Payments Dunkin MasterCard mobile Mobile Payments News Shop Anywhere What's Hot

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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

The district court also concluded that the plaintiff had stated a plausible claim under the Delaware CFA.

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The Bancorp warns of potential hit from ACH transaction

Payments Source

The Delaware company recently learned of a disputed transaction that could take a bite out of future earnings. Community banking Earnings ACH Delaware

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Delaware bank's tech overhaul shifts into higher gear

American Banker

WSFS, in an effort to catch up with bigger rivals, plans to upgrade digital channels in three years instead of five. Digital banking Fintech Revenue and expenses Community banking M&A Growth strategies

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Wrap of Week #27: Watson, Wildcard, Xinjia, Douugh, Knip, Komparu, Swift, ICOs, Delaware, Smart contracts

Daily Fintech

The BBC Monday briefing offered insights on Regulation from Delaware, hackers from the East and smart contracts on Bitcoin. AI is everywhere: Machine learning for actively-managed ETFs. A landscape snapshot of Who’s who in the new Aussie consumer bank zoo. A merger in Insurtech: Insurtech has its first rollup. Taking a pulse from POCs, read From a Blockchain based to a Blockchain inspired world, SWIFT could deliver verdict at Sibos. Insights on ICOs After The Gold Rush.

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Delaware federal district court certifies questions regarding CFPB’s enforcement authority and constitutionality to Third Circuit for interlocutory appeal

CFPB Monitor

In CFPB v. National Collegiate Master Student Loan Trust et al. ,

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Norwood Financial to Buy Delaware Bancshares in N.Y.

American Banker

has agreed to buy Delaware Bancshares in Walton, N.Y. Norwood Financial in Honesdale, Pa., breaking_news dealmaking-strategy community-banking

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Local michael kors handbags pharmacy ma delaware mistake in dosages

Gonzobanker

Local michael kors handbags pharmacy ma delaware mistake in dosages for polo horses. “Push an order from a professional, franck’s supermarket prepared medication that was throughout to treat the 21 horses on the louis vuitton sale lechuza polo team as”Jennifer beckett, t your boyfriend pharmacy–S serious operations officer. !Said

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Delaware Gov. Pledges 'Balanced' Approach to Blockchain Regulation

American Banker

The state of Delaware is looking to avoid prescriptive regulations when it comes to supervising blockhain companies, but instead be mindful of how the industry actually works, Gov. Jack Markell said Monday. breaking_news law-regulation bank-technology

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Delaware federal district court rules that because enforcement action filed by unconstitutionally structured CFPB was valid, it stopped running of statute of limitations

CFPB Monitor

The Delaware federal district court, in CFPB v. National Collegiate Master Student Loan Trust et al. ,

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WSFS to report 2Q gain from selling Visa stock

American Banker

The Delaware company said it received $22 million in net proceeds after selling 360,000 class B shares. Revenue streams Delaware Visa Community banks

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Pockyt teams with Delaware North for contactless QR code payments

The Paypers

US-based checkout platform Pockyt has partnered with entertainment company Delaware North to enable it with cross-border QR code payments across its 200 venues

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Wyoming Lures Crypto Companies With Friendly Laws

PYMNTS

The more traction and the more ground we can gain toward Delaware, the better for the state of Wyoming.” He was referring to Delaware’s friendly stance on LLCs. James Row, a registered broker who worked with the Wyoming Blockchain Coalition, told Bloomberg he filed the paperwork for a new blockchain company with the state and is mulling moving some of his 11 other businesses registered in Delaware to Wyoming. “It’s

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WSFS Financial to Buy Investment Adviser in Delaware

American Banker

WSFS Financial in Wilmington, Del., has agreed to buy the assets of Powdermill Financial Solutions in Wilmington. breaking_news community-banking dealmaking-strategy

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Delaware to use blockchain technology

The Paypers

(The Paypers) Delaware has announced the plan of using of blockchain technology to move more of its paperwork to cheaper systems

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The Bancorp in Delaware Facing SEC Probe, IRS Audit

American Banker

The Bancorp in Wilmington, Del., is being investigated by the Securities and Exchange Commission for restating more than three years of financial statements. breaking_news de community-banking

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Santander To Pay $25M To Resolve Auto Loan Allegations

PYMNTS

million to Delaware — to resolve predatory subprime auto loan allegations. “I Legal allegations auto loan Banco Santander delaware legal Massachusetts News Santander settlement spain Subprime Auto Loan What's HotSantander Consumer USA Holdings Inc, a unit of Spain’s Banco Santander, will pay nearly $25 million to two U.S. states — $22 million to Massachusetts and $2.87

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Blockchain Bitcoin & Crypto Weekly CXO Briefing for week starting 10th July 2017

Daily Fintech

News Item 1: Delaware House Passes Historic Blockchain Regulation. Decrypted : Delaware passed a landmark blockchain legislation that recognizes the trading of stocks using blockchain technology. Delaware is the home to more than 66% of Fortune 500 companies, 85% of IPOs, and where many private companies and startups incorporate. This new bill, legally recognizes stock ledgers and other business records on blockchain, for companies incorporated in Delaware.

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The Bancorp in Delaware Swings to Loss, Hit by AML Costs

American Banker

The Bancorp in Wilmington, Del., swung to a first-quarter loss on higher costs to review and improve its compliance with anti-money-laundering laws. breaking_news performance de sailthru-no-lead community-banking

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The Bancorp freed from 2014 consent order tied to BSA compliance

Payments Source

The order's removal allows the Delaware company to pursue more opportunities in its payments business. FDIC Compliance AML Community banks

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CVS Health Launches Barcode-Based CVS Pay

Bank Innovation

Friday, CVS Health launched its new end-to-end mobile payment app, CVS Pay, for select stores in New York, New Jersey, Pennsylvania, and Delaware. For anyone who has to fill prescriptions, there’s an app for that — finally. The solution is focused on easing the process of picking up prescriptions or payments by CVS Read More. Mobile Payments Technology Apple Pay CVS Health CVS Pay fintech Mobile Payments

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The Bancorp freed from 2014 consent order tied to BSA compliance

American Banker

The order's removal allows the Delaware company to pursue more opportunities in its payments business. FDIC Compliance AML Community banks

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WSFS to buy Bryn Mawr Bank for $976 million

American Banker

The Delaware company's pending purchase will create a bank with $43 billion in assets under management. Wealth management M&A Growth strategies

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Stripe Atlas Offers Cuban Startups a Virtual Home on U.S. Soil

Bank Innovation

soil, Delaware Read More. International payments were something a weakness for payment processor Stripe, but the launch of Stripe Atlas has changed that. In the latest and most dramatic example of Stripe’s new business, look no farther than 90 miles off the Florida coast. Stripe offers global companies the ability to incorporate on U.S. Commerce Online Operations Payments Startups Technology Cuba embargo incorporation startups Stripe Stripe Atlas U.S. Embargo

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Bancorp, continuing cost cuts, to sell European payments line

Payments Source

The Delaware company is also close to completing a compliance program to address anti-money-laundering and Bank Secrecy Act issues. Payment fees Payments Compliance European Union

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Proposal Would Allow SMBs To Get Another PPP Loan 

PYMNTS

Cardin, the ranking member of the Small Business Committee, along with Senators Chris Coons (D-Delaware) and Jeanne Shaheen (D-New Hampshire) introduced the bill in the Senate. “Even as closures are ending, countless Delaware businesses are struggling to survive this crisis.”

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