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New York City Mulls Fur Sales Ban

PYMNTS

Following the lead of other municipalities, New York City could be going fur-free with a proposed law on the horizon. Footwear News reported. “In In a progressive and modern city like New York, banning the sale of fur clothing and accessories is long overdue,” Johnson said in a statement, according to the outlet.

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NYC Summit To Tackle Lack Of Influencer Regulation

PYMNTS

The first Influencer Fraudnomics Summit in New York City on Tuesday (Sept. Regulation could be the answer, some companies have speculated, and Unilever said it is all for tackling the problem aggressively. 17) will discuss the fraud problem stemming from influencer marketing.

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State Regulators Investigate Payday Advances

PYMNTS

The New York State Department of Financial Services (NYDFS) has announced it will lead a multi-state investigation into alleged violations of state regulations of the short term lending industry, specifically in the area of payroll advances. Many people living paycheck to paycheck already make more than median income.”.

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Digital Exercise Brands Get Pumped Up As In-Person Fitness Loses Muscle

PYMNTS

The latest casualty is New York Sports Club, which filed Chapter 11 on Monday (Sept. Peloton’s stock price doubled on that news. Major brands like Apple and Peloton have the resources to provide unique fitness experiences featuring instructors that achieve celebrity status. Peloton: A Connected Fitness Bellwether .

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NYDFS proposes amendments to debt collection regulation

CFPB Monitor

On October 29, the New York Department of Financial Services issued proposed amendments to 23 NYCRR 1, its regulation titled “ Debt Collection by Third-Party Debt Collectors and Debt Buyers.” Merchant brand, affinity brand, or facility name associated with the debt. Required initial disclosures by debt collectors.

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Gett Closes Down NY Ridesharing Brand Juno; Partners With Lyft

PYMNTS

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 is backed by Volkswagen and has a valuation of about $1.5

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Regulators Close To Approving Long-Debated T-Mobile-Sprint Merger

PYMNTS

The long-running proposed $26 billion T-Mobile-Sprint merger is close to getting a go-ahead from federal regulators. . T-Mobile and Sprint also sold off assets like Sprint’s Boost, Sprint Prepaid and Virgin Mobile brands. . The move shows the deal is about to close, insiders told Fox Business. In June, a group of U.S.

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