PYMNTS

JULY 2, 2020

With the pandemic nudging businesses further into the digital payments realm, commercial card innovation is heating up to capitalize on the opportunity for adoption. ” Capital On Tap Enables Receipt Bank Card. Capital on Tap wields the commercial card to connect small and medium-sized businesses (SMBs) to financing.

Cards 208

Cards New York Capital Compliance 208

Bank Innovation

MAY 31, 2019

New York-based Grasshopper Bancorp, which opened for business to a select group of entrepreneurs and investors earlier this month, this week raised $116 million from investors, including T. Rowe Price Group, Patriot Financial Partners and Endeavour Capital Advisors.

New York 186

New York Groups Capital FDIC 186

Abrigo

JUNE 5, 2023

Banking reports to inform risk management and strategy These reports on capital, growth, and liquidity help financial institutions spot warning signs. Takeaway 2 Reports that assess capital, growth, and liquidity provide banking professionals data to drive decisions. Regulators review them to assess safety and soundness.

Report 195

Report Risk Management Capital Data 195

PYMNTS

JANUARY 10, 2020

In other news, blockchain compliance startup Securrency has received $17.65 Other investors in the round include Japanese financial services giant Monex Group, Abu Dhabi Investment Office (ADIO) and venture capital firms RRE Ventures, Strawberry Creek Ventures and Panthera Capital Investments.

Illinois 131

Illinois blockchain Regulation Bitcoin 131

American Banker

APRIL 11, 2024

New York Community Bancorp took a massive loan-loss provision and slashed its dividend to meet tougher capital and liquidity requirements after rocketing by that asset mark. A half dozen regionals face tough questions about whether they're better prepared than NYCB, which had to be rescued.

New York 41

New York Regional Community Meeting 41

PYMNTS

JULY 12, 2018

New York’s Department of Financial Services is recommending that online lenders are subjected to the same scrutiny and regulations that traditional banks face. Cuomo on June 1, 2017, required DFS to study online lending in New York State and submit a report of its findings. A bill signed by Governor Andrew M.

Online 100

Online New York Lending Regulation 100

PYMNTS

JANUARY 7, 2020

China’s Guangdong province has launched a blockchain financing platform for small and medium-sized businesses, backed by OneConnect , a Chinese FinTech recently listed on the New York Stock Exchange, according to a press release. . In other crypto news , cryptocurrency tax automation software TaxBit has raised $5 million in funding.

Bitcoin 132

Bitcoin blockchain Taxes Austin 132

PYMNTS

APRIL 10, 2019

The New York Department of Financial Services has denied a virtual currency license for Bittrex, an American digital asset exchange. The DFS cited deficiencies in capital, according to Reuters , and “failure to demonstrate that it will conduct its business honestly, fairly, equitably, carefully, and efficiently.”.

Bitcoin 116

Bitcoin New York cryptocurrency United States 116

PYMNTS

SEPTEMBER 27, 2019

Wells Fargo, the scandal-plagued bank that has been searching for a new chief executive, announced on Friday (Sept. 27) that Bank of New York Mellon CEO and Chairman Charles W. In addition, she previously worked at Capital One, Chase Manhattan Bank and JPMorgan. . Scharf has agreed to take on the job effective Oct.

New York 128

New York Leadership Compliance Capital 128

CB Insights

AUGUST 10, 2021

The round drew participation from Point72 Ventures, Uncork Capital, Tom Glocer, and Winklevoss Capital, among others. New York-based Messari’s crypto analytics tools and research database enables investors to explore opportunities in the emerging asset class. How’s the company performing?

Analytics 69

Analytics Tools New York cryptocurrency 69

PYMNTS

SEPTEMBER 18, 2018

In the last three years, ADGM has been building a globally connected platform to support financial intermediation and facilitate capital flows for all companies, including startups and [small- to medium-sized enterprises (SMEs)],” ADGM Chairman Ahmed Al Sayegh said. While In New York, New York….

Fintech 166

Fintech New York US National 166

PYMNTS

JANUARY 23, 2019

“New and growing small businesses often need fast access to capital that supports basic needs like inventory purchases, payroll and marketing,” said Edward Siegel, CEO of Bitty Advance, in a statement.

Samsung 162

Samsung New York Branding Apple 162

CFPB Monitor

AUGUST 1, 2019

under past CFPB director Richard Cordray’s watch) by the CFPB and the New York Attorney General. The complaint sought damages for violations of the Consumer Financial Protection Act, the Fair Debt Collection Practices Act, and various New York consumer protection laws.

Groups 60

Groups New York Capital Policies 60

Payments Source

JULY 11, 2019

The SEC is paying close attention to cryptocurrency, though its efforts may be counter to its priority to foster innovation and capital formation in the U.S., contends Bill Martin, a lawyer in the New York office of O'Melveny & Myers.

New York 113

New York cryptocurrency Capital Innovation 113

PopularBank

JUNE 10, 2021

New York, NY – June 9, 2021 – Popular Bank, a subsidiary of Popular, Inc. Popular Bank has branches in New York, New Jersey, and Florida, and provides 24/7 digital banking solutions and access to 55,000 ATMs through the Allpoint network. The firm has been analyzing and reporting on the performance of U.S.

New Jersey 98

New Jersey New York Florida Community 98

PYMNTS

JUNE 27, 2018

Digital money platform Uphold announced that it has reached an agreement to acquire New York Stock Exchange member JNK Securities Corp. If the deal is finalized, Uphold’s compliance footprint will be expanded, as well as its customer base and service offering.

Security 108

Security Los Angeles San Francisco Compliance 108

American Banker

JULY 24, 2020

Similar to a law passed two years ago in California, legislation headed to the New York governor’s desk would require fintech and other nonbank lenders to uniformly disclose total cost of capital, APR and other metrics to potential borrowers.

New York 68

New York California Capital Fintech 68

South State Correspondent

JANUARY 4, 2023

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.

Community Bank 195

Community Bank Capital Training Lending 195

American Banker

JULY 6, 2023

Under a written agreement, Quontic pledged not to distribute capital without the permission of its regulators. It's the third enforcement action in five years against the small New York-based bank.

Philadelphia 36

Philadelphia New York Regulation Capital 36

CFPB Monitor

APRIL 30, 2021

The Federal Trade Commission recently announced that it has settled the lawsuit it filed against Yellowstone Capital LLC, a provider of merchant cash advances, and its chief executive officer and president for alleged unfair and deceptive conduct in violation of section 5 of the FTC Act, 15 U.S.C. §

United States 78

United States Compliance New York Capital 78

PYMNTS

SEPTEMBER 8, 2020

As the workforce disperses, modern human capital management (HCM) technology can help alleviate the administrative burden for teams when it comes to tracking and monitoring state taxation compliance, while ultimately offering employees more flexibility. Yet, in neighboring Connecticut, the top income tax rate is 7 percent.

Taxes 170

Taxes Los Angeles New York City New York 170

PYMNTS

SEPTEMBER 17, 2019

The FCA first began investigating the high street bank in February after it miscalculated the capital needed for numerous loans. Regulators are also looking over Metro Bank’s regulatory reporting and governance for compliance. . “As The extended scope of the probe was exposed following a bond prospectus.

Metro 116

Metro Management Regulation New York 116

PYMNTS

FEBRUARY 5, 2020

“Somebody with really great visibility into AP can fund their growth through extended terms to their suppliers because that is part of working capital,” McGuire said. At a high-level view, that changes the number of levers that can be pulled — from a finance perspective — around the working capital associated with AP.

Capital 152

Capital Taxes Compliance Payments 152

PYMNTS

DECEMBER 27, 2019

Backed by Airbnb , Comcast, Bowery and Initialized Capital, Zeus has raised $90 million in funding. The company is based in San Francisco and operates in the Bay Area, Los Angeles, New York City, Seattle and Washington, D.C. Compliance is of absolute importance to us,” Taggar said.

Los Angeles 139

Los Angeles San Francisco New York City Trends 139

PYMNTS

FEBRUARY 24, 2016

23) $30 million in venture capital raised from Sequoia Capital and other backers, including Matrix Partners, True Ventures and Greenspring Associates. This week, one payroll software company is celebrating thanks to its own payday. Namely, which provides payroll and HR solutions, announced on Tuesday (Feb.

San Francisco 100

San Francisco Austin Texas Capital 100

PYMNTS

NOVEMBER 3, 2017

It was a busy time for B2B venture capital this week, and while funding ranged across verticals from expense management to SaaS, there was a clear theme in investment rounds: high-tech data analytics. Intel Capital, California Technology Ventures, Tesi, SmartFin Capital and Open Ocean also participated in the round.

Analytics 189

Analytics Data Capital San Francisco 189

PYMNTS

APRIL 29, 2019

We appreciate the government’s recognition of the significant changes we have made, our ongoing commitment to legal and regulatory compliance, and our significant cooperation in the investigations,” said Svindland, according to The Wall Street Journal. In addition, Celadon also agreed to a $7.5

Fraud 108

Fraud Indianapolis New York Operations 108

PYMNTS

OCTOBER 18, 2019

The startup is bringing offices to Los Angeles and New York and hiring product as well as sales teams as it drives an effort to get more U.S. And it offers compliance services, auditing and predictive analytics to help firms quickly reply to trends. “We manufacturers and brands on its platform, The Wall Street Journal reported.

Los Angeles 101

Los Angeles US United States Branding 101

PYMNTS

JULY 1, 2019

The company has been running into numerous regulatory obstacles as it moves forward with pre-compliance conversations with monetary organizations around the world. It’s also applied for money-transfer licenses and started taking steps toward getting a BitLicense from the Department of Financial Services in New York. .

cryptocurrency 102

cryptocurrency Regulation United States New York 102

PYMNTS

MAY 16, 2016

Earlier this year, Aéropostale narrowly avoided a departure from the New York Stock Exchange after it agreed to continue listing the firm. Aéropostale had reportedly been out of compliance with NYSE listing requirements due to falling global market capitalization worth.

New York 100

New York Compliance National Report 100

PopularBank

MARCH 11, 2020

New York, NY – February 27, 2020 – Popular Bank, a subsidiary of Popular, Inc. Popular Bank has branches in New York, New Jersey, and Florida, and provides 24/7 digital banking solutions and access to 55,000 ATMs through the Allpoint network. To learn more, visit PopularBank.com or call 1-800-377-0800.

New Jersey 59

New Jersey New York Florida Lending 59

Fintech Labs Insights

OCTOBER 6, 2015

Thinking Capital is the leader in the Canadian alternative lending space, leveraging technology to be at the forefront of the fintech industry. By combining their people and technology, Thinking Capital is transforming the way business owners get the capital they need to grow. thinkingcapital.ca | thinkingcapital.ca/blog

Software 12

Software Capital Compliance New York 12

PYMNTS

JULY 16, 2019

France’s financial regulator is set to approve a wave of cryptocurrency-related firms in the country, subjecting them to new rules that include paying taxes and complying with capital requirements and consumer protections, according to a report by Reuters.

Regulation 143

Regulation Company cryptocurrency Taxes 143

Bank Innovation

APRIL 6, 2016

The New York-based company also Read More. Once derided as a blockchain support group for the consortium of financial institutions it amassed, R3CEV said repeatedly it wanted to build products. Today, it unveiled one at Money20/20 in Copenhagen: Corda, a distributed ledger for financial services companies.

New York 150

New York blockchain Groups Company 150

CB Insights

OCTOBER 21, 2018

Top VC Investor: Ribbit Capital is the top investor in Fintech 250 companies, having backed companies on the list including new 2018 unicorns, Nubank, Revolut, and PolicyBazaar as well as returning Fintech 250 companies Robinhood , Wealthfront , Gusto , Coinbase , Cross River Bank , and Upgrade. Regulatory & Compliance.

Fintech 78

Fintech Lending Capital Analytics 78

Independent Banker

JULY 30, 2015

In New York, IBANYS plays creative offense and strong defense on several issues. The Independent Bankers Association of New York State has been actively advocating for several initiatives to enhance community banking and the communities and customers our members serve. By John Witkowski.

Community Bank 70

Community Bank New York Community Taxes 70

PYMNTS

AUGUST 20, 2018

The survey stretched across 77 C-level executives, IT managers and others — and of that tally, 76 percent of firms are not currently in compliance with their own information governance policies. As many as 85 percent of firms are boosting budgets over the previous year’s, tied to data privacy and compliance.

Fintech 101

Fintech Survey Regulation Resources 101