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Barclays Eyes US Expansion

PYMNTS

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. billion of deposits to its Delaware operation. In addition, sources say that Barclays is putting more capital behind its U.S.

Delaware 101
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Barclays US Taps Ex-Capital One Exec To Lead Cards And Payments Business

PYMNTS

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. .”

Capital 100
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Companies ‘Pivoting To Blockchain’ See Huge Stock Spikes — But Does The Hype Hold Up?

CB Insights

While the blockchain-related announcements range from the credible to the laughable to the possibly criminal, the analysis overall demonstrates the market’s bullish attitude toward blockchain and crypto. Companies are arranged in descending order of market cap (as of 03/16/18). . Longfin corp. 48-hr stock change: 1,717%.

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

CB Insights

Banks are among the growing number of financial services giants investing in blockchain startups such as R3 CEV, which is working with an 80+ member consortium of banks, regulators, and technology partners to develop Corda, a blockchain platform designed to be the “new operating system” for financial markets. Cloud storage .

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Hundreds comment on OCC proposed “true lender” rule

CFPB Monitor

For example, the Marketplace Lending Association, a trade association for banks and companies that cap rates at 36% per annum on their loans, wrote: “without access to affordable credit, consumers will be in danger of being ensnared in high cost or predatory debt traps.”.

Lending 60