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Chase Plans Expansion In Top US Markets In 2019

PYMNTS

Chase has announced it is expanding its retail footprint into nine of the top American markets, as well as opening dozens of new locations in the greater Washington, D.C The new locations will include Charlotte, North Carolina; St. area, Philadelphia and Boston.

St. Louis 145
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Chase Pay Demise And Gut Check On Lending Dominate Week’s News

PYMNTS

The North Carolina-based bank filed a Multi-Tiered Digital Wallet Security application in February 2018 with the United States Patent and Trademark Office, according to a report. Can Digitally-Read Emotions Play a Role in Payments and Retail? BoA Looks to Create Multi-Currency Digital Wallet. Fun, Cool and Otherwise Interesting.

Lending 109
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CFPB settles with military base retailer and related companies for alleged unlawful debt collection practices

CFPB Monitor

Mishkin As part of this week’s flurry of enforcement-related announcements, the CFPB announced the settlement of a lawsuit filed jointly with the Attorneys General of North Carolina and Virginia against Freedom Stores, Inc.

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What Is Powering The Emerging Pawnaissance?

PYMNTS

While short-term lending in general has a pretty rough reputation, the pawn loan is the most ill-regarded arena in an already unloved category of consumer lending. The loan amount a borrower can get from a pawnbroker is determined solely by the value of the item itself; as in most forms of short-term lending, there is no credit check.

Ohio 151
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B2B Startups Welcome Another Unicorn With TripActions Funding

PYMNTS

million for its anti-fraud solutions designed for retailers. With artificial intelligence (AI), Fraugster has developed a software solution that prevents fraud for online retailers, analyzing data from multiple sources and cross-checking information to determine whether a transaction is fraudulent or not. Sempli’s $5.7

Software 158
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CFPB announces new appointments to advisory groups

CFPB Monitor

According to the CFPB, the new members “include experts in consumer protection, financial services, community development, fair lending, civil rights, consumer financial products or services, representatives of community banks and credit unions, and scholars with relevant methodological and subject matter experience.”

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Lendio by the Numbers: $250 Million in Loans to 10,000+ Small Businesses

Fintech Labs Insights

Small business lending marketplace Lendio released its second quarter financial results this week. Top 10 states: California, Florida, Texas, New York, Georgia, Illinois, New Jersey, North Carolina, Virginia and Colorado. Top industries: construction, transportation, retail, healthcare, restaurant, manufacturing and automotive.