PYMNTS
NOVEMBER 17, 2016
Renaud Laplanche, Lending Club’s former CEO, is back with a new internet lending startup called Credify Finance Corp. But despite its early status, Credify comes into the market pre-wired for lots of attention — since its founder is both famous and infamous in online lending circles. Department of Justice.
PYMNTS
NOVEMBER 26, 2019
The company has a partnership with Amazon in which it lends to customers with low credit scores. Although Alibaba and JD.com usually lead China’s eCommerce market, the four-year-old Pinduoduo is “popular with China’s lower-tier city residents” and attracts customers with offers of discounts and deals, per reports.
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PYMNTS
JULY 17, 2018
housing market during the last recession. Since then, it launched an online lender in Delaware, which collects term deposits to fund its large U.S. billion of deposits to its Delaware operation. In addition, sources say that Barclays is putting more capital behind its U.S. credit card operations. credit card business.
PYMNTS
JUNE 13, 2018
Holdaway will be based in Wilmington, Delaware, and will start his new position in July. into the future as we continue to leverage our global capabilities and deepen our presence in the market.” He will report to Barry Rodrigues, CEO of cards and payments, and Richard Haworth, CEO of the Americas business. and Germany. .”
CFPB Monitor
NOVEMBER 14, 2014
Yesterday I attended the Consumer Financial Protection Bureau’s (CFPB) field hearing in Wilmington, Delaware, at which the CFPB unveiled and accepted public comment on its long-awaited proposed rule for prepaid accounts under the Electronic Fund Transfer Act (Regulation E) and the Truth In Lending Act (Regulation Z) (the Rule).
Independent Banker
FEBRUARY 24, 2016
Even as nearly one-third of Americans are already members of a credit union, it seems there’s almost nothing the NCUA still won’t try to further expand the market reach and special tax-exempt privileges of the credit unions it supervises. Talk about your captive regulator! When credit unions say “jump,” the NCUA says, “how high?”.
PYMNTS
FEBRUARY 28, 2017
SoFi, the San Francisco–based lending startup, has by all reasonable metrics hit the ground in 2017 running. With that acquisition, SoFi also acquired Zenbanx’s partnership with Delaware-based WSFS Bank and access to the bank’s charter and banking license. Don’t Bank.
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