PYMNTS

MAY 2, 2016

When it comes to ensuring the resiliency of clearing houses that process derivatives, better checks and balances are necessary in the European Union, according to a regulatory watchdog in the region.

Regulation 100

Regulation Regional New York Industry 100

PYMNTS

NOVEMBER 9, 2017

Small banks do not want to compete with the Amazons and Walmarts of the world when it comes to offering financial services for clients — and as of today, they more or less are protected from having to do so by regulations that prevent banks’ holding companies from branching too far outside of core financial services businesses.

Regulation 100

Regulation Retail New York Apple 100

PYMNTS

JULY 17, 2018

In one case at the state level (and it’s New York, so movement there carries much weight within the financial arena), Bloomberg reported that NY’s financial regulator is challenging what the newswire terms a “fundamental principle” on bank and FinTech relationships that brings interest rate caps into that regulator’s crosshairs.

Fintech 100

Fintech Regulation New York Management 100

American Banker

AUGUST 2, 2023

The regions under scrutiny include New York, Seattle and several parts of California, according to the nonprofit organization whose complaint prompted the investigation. The Department of Housing and Urban Development is reviewing HSBC's lending practices in certain majority Black and Hispanic neighborhoods, the bank disclosed.

Seattle 69

Seattle New York California Regional 69

Abrigo

AUGUST 22, 2019

Training is especially important for the BSA officer, who “is expected to be fully knowledgeable about the BSA and all related regulations,” as a recent Federal Reserve Bank of Minneapolis publication noted. One option that makes it easy for BSA officers to complete required training is to attend regional meetings. Ready to Attend?

Training 150

Training Las Vegas Alabama Minneapolis 150

PYMNTS

JANUARY 22, 2021

The company worked alongside global aviation and communications regulators, devising ways “to safely fly a lighter-than-air vehicle for hundreds of days in the stratosphere to anywhere in the world,” Westgarth said. Software and artificial intelligence (AI) facilitated flight control and enabled the balloons’ journey into the stratosphere.

New York 181

New York Regional Community Software 181

PYMNTS

NOVEMBER 18, 2019

Ridesharing company Gett, which operates under the name Juno in New York City, is shuttering its operations there and entering into a partnership with Lyft to take on its accounts, according to a report by TechCrunch. Gett acquired Juno in 2017 for about $250 million, in a move to expand in the region. 3 spot. .

New York City 100

New York City New York Branding Operations 100

American Banker

MAY 6, 2016

Maria Vullo, still stuck in limbo as acting superintendent of the New York State Department of Financial Services, is hindered from putting her mark on the agency until she gets confirmed. So a quiet guessing game is going on about how her supervisory philosophy will compare with her predecessor Benjamin Lawsky.

New York 28

New York Regulation Cyber Security Community Bank 28

PYMNTS

MARCH 28, 2018

Williams, the president of the Federal Reserve Bank of San Francisco, is reportedly being tapped to replace the retiring president of the New York Fed, but at least one watchdog has problem with that. It doesn’t help that the New York Fed branch is massive, accounting for around $2.5 The San Francisco Fed had only $568.7

San Francisco 115

San Francisco Los Angeles New York Risk Management 115

PYMNTS

NOVEMBER 22, 2019

Richard Ashton, deputy general counsel for litigation, enforcement and system matters, said at a conference in New York that the Federal Reserve is considering an audit of tech firms’ compliance policies and governance structures. 21), citing a senior official.

Security 116

Security Policies Conference Compliance 116

PYMNTS

APRIL 24, 2019

Regulators want to have a greater stake in the way sharing platforms operate. Many of these regulators also now expect sharing and payment services to comply with shifting data regulations, like GDPR. For more on this and other developments, take a look at the Playbook’s News and Trends section.

Marketing 179

Marketing Regulation Case Study Security 179

PYMNTS

AUGUST 21, 2019

The move illustrates Amazon’s aggressive push to expand in the country, despite stiff competition from companies like Walmart, and stringent regulations in the country regarding foreign eCommerce sites. Because of the competition in the region, Amazon has reportedly been considering partnering up with physical stores.

Arlington 170

Arlington Virginia New York Video 170

PYMNTS

JULY 2, 2020

Mastercard and Eedenbull are broadening their existing partnership into the Asia Pacific region in a move that sees Mastercard supporting EedenBull’s commercial card platform offered to banks. ” Mastercard, EedenBull Expand Into APAC. ADP Eyes Payroll Card Adoption Jump.

Cards 208

Cards New York Capital Compliance 208

PYMNTS

FEBRUARY 21, 2018

We allege that BitFunder operated unlawfully as an unregistered securities exchange,” Marc Berger, director of the SEC’s New York regional office, said in the release. Mehraban, associate regional director of the SEC’s New York regional office, said in the release. “We

Fraud 102

Fraud Bitcoin New York Regional 102

PYMNTS

JANUARY 22, 2021

In the Land Down Under, the ripple effects of the clash between regulators and a giant in online search (that would be Google , of course) may be such that consumers are left searching for search. As CNN reported , Facebook has said it will prevent users from sharing news in the country should the legislation be passed into law.

Google 188

Google Texas New York California 188

PYMNTS

AUGUST 16, 2019

Axos Bank parent company Axos Financial has rolled out out commercial banking operations across new markets in the U.S., It was the latest example of the bank-FinTech collaboration trend expanding across borders to help FinTechs enter new geographic markets and comply with local regulations. The bank announced Thursday (Aug.

Los Angeles 101

Los Angeles New York FDIC Lending 101

Bank Innovation

MAY 11, 2017

rehabilitation and growth has lagged behind the rest of the world, youth unemployment in the region continues to grow, political unrest is destabilising the continent, the progressive socio-economic pledge of Europe is being challenged and vitally, Europe has failed to develop any new corporate global powers for the digital age.

Regulation 252

Regulation Regional Apple America 252

PYMNTS

DECEMBER 26, 2019

Sales in the retailer’s Asia-Pacific region – which includes greater China – increased 7 percent to 9 percent after adjusting for the movements of currency. Performance was stronger in Europe, where the New York-based company noted a sales increase of 3 percent to 5 percent. LVMH’s shares were trading 1.4 percent higher on Nov.

United States 131

United States Comparison New York Branding 131

PYMNTS

JANUARY 29, 2018

China’s rising levels of corporate debt are in the headlines again with the nation’s banking regulator reportedly introducing to lower debt levels. Regulators must keep clear heads and cannot be blindly optimistic,” the regulator stated in its report. Reports in Reuters said Friday (Jan.

National 100

National Regulation New York Regional 100

PYMNTS

APRIL 1, 2019

Regional expansion will take precedence over product expansion,” said Markus Gunter, chief executive officer of N26’s banking arm. The company, founded in 2013, has 800 employees in three locations: Barcelona, Berlin and New York. . To open new accounts, the bank uses a picture identification procedure and not a video one.

United States 140

United States New York Video Regional 140

PYMNTS

MAY 19, 2020

The mayor, who is also a table games manager at a local casino and hotel, said per the report that he has come across people traveling from states that are close by as well as those that have come from Florida, Texas, New Mexico and New York. And, while U.S.

Online 130

Online Louisiana South Dakota Mississippi 130

American Banker

OCTOBER 26, 2016

The regulatory environment could be looking brighter for New York Community Bancorp as it is poised to cross an important regulatory threshold.

New York 28

New York Community Regional National 28

Abrigo

OCTOBER 29, 2014

Multifamily, commercial and automotive loans are driving loan growth among banks in the Northeast, but increasing risk will draw fresh attention from regulators to ensure recent and future growth is sound, the Office of the Comptroller of the Currency said recently. The OCC on Oct. The OCC on Oct. percent as measured on June 30 of this year.

Rhode Island 236

Rhode Island District of Columbia West Virginia New Jersey 236

Abrigo

DECEMBER 18, 2023

“The point is this: There’s a lot of these surveys, and when you read them, they are New York City, San Francisco, Chicago. Certainly, one asset class, the regional mall, is quite dead,” Kirby said. They’re not your hometown. The impact is not consistent.” Loan documentation will be critical in upcoming exams.

Risk Management 221

Risk Management Management Lending Capital 221

PYMNTS

MAY 11, 2016

The ride-hailing company has entered an agreement with a major union that allows its drivers to form an association in New York, which would help open dialogue between the company and its drivers. Uber’s support for IDG comes just a week after New York-based Uber drivers announced their intent to form a union.

New York 100

New York New York City Austin Illinois 100

PYMNTS

AUGUST 20, 2018

Three months in, the European Union’s General Data Protection Regulation still stymies some firms seeking to comply with new rules and regulations governing data protection and privacy. Despite direct exposure to the region, they remain unaware of the GDPR requirements. Japan Eyes Cryptos, Yet Again.

Fintech 101

Fintech Survey Regulation Resources 101

PYMNTS

JUNE 7, 2018

Now that principle applies to Europe’s General Data Protection Regulation (GDPR) – at least according to one report. Security Boulevard reported this week (June 6) that in the wake of the new digital security rule taking effect, criminals were quick to use it to their advantage.

Los Angeles 107

Los Angeles Google Regulation Data 107

PYMNTS

MARCH 17, 2020

Craftmakers, according to the regulation, must sell as well as manufacture, with the retail side of the business-boosting commerce in mixed-use districts. The new regulations encourage interaction with the public by also mandating that the artisan businesses offer attractions such as tours and classes.

Retail 135

Retail Arlington San Francisco Milwaukee 135

PYMNTS

FEBRUARY 5, 2020

Singapore-based Kredivo ended 2019 with lots of new funding raised, while New York-based Splitit was among the BNPL providers that logged $1 million in transactions, according to the latest edition of the PYMNTS Buy Now, Pay Later Tracker. and around the world.

Cards 143

Cards Millennials Regulation United States 143

PYMNTS

NOVEMBER 24, 2016

government is also gearing up to launch a network of regional FinTech envoys as an effort to enhance the country’s status as a leader in FinTech. and the Korean Financial Services Commission (FSC), will make it possible for regulators in both countries to collaborate and provide information about financial innovation. and generated $8.7

Fintech 100

Fintech New York Financial Technology Regional 100

PYMNTS

JUNE 10, 2016

Across the European market, in general, Uber has faced an immense amount of backlash from the taxi drivers who have claimed that Uber is finding loopholes to operate outside the scope of local regulations. Beyond that, the taxi drivers have accused Uber of posing a threat to the public’s safety, a claim Uber has fought against.

New York 100

New York Regulation Operations Regional 100

PYMNTS

JULY 12, 2018

One such company in the Zug region is crypto loyalty firm qiibee. But, while the region is conducive to technology and business, it does come with a high cost of living. Even so, Orion Vault CEO Joanna Pawluk wrote in Entrepreneur that Zug has its advantages over larger centers such as New York or London. “In

blockchain 104

blockchain Taxes Regional New York 104

PYMNTS

MARCH 1, 2016

And while some of these strategy revamps have been telegraphed, the numbers show some impact from regulations and investigations, as the firm posted a net loss of roughly $547 million (394 million pounds), which is far worse than a year ago at 174 million pounds. Staley, on board. Staley took the reins as CEO at the end of last year.

Operations 100

Operations Strategy United States Regional 100

PYMNTS

OCTOBER 24, 2018

This is the demand that companies like New York-based Tern Commerce , which helps international card issuers offer debit cards and stored-value cards to consumers in more than 100 countries, are looking to serve. and around the globe.

Fraud 166

Fraud Cards Online Data 166

PYMNTS

FEBRUARY 9, 2017

If anything, temporary employment is an even larger part of Europe’s job market, given that unemployment rates in the region are nearly twice as high as those in the U.S. The New York Times noted that European labor laws make permanent workers more difficult to lay off, and they often require more costly benefit packages.

Regional 100

Regional Comparison New York Millennials 100

PYMNTS

OCTOBER 6, 2016

SWIFT’s year has been filled with controversy, the apex of which occurred when reports surfaced that cyberthieves infiltrated Bangladesh Bank via the SWIFT messaging system in February, resulting in $81 million stolen from the bank’s account at the New York Federal Reserve.

Innovation 188

Innovation Payments Fintech New York 188

PYMNTS

MARCH 2, 2020

New Jersey joins Washington, Illinois and other states and regions in introducing data privacy laws. The California Consumer Privacy Act went into effect in January, and the European Union’s General Data Protection Regulation ( GDPR ) went into effect in 2018.

NJ 249

NJ New Jersey Regulation Data 249