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New York Sees Most Bank Branch Closures In US

PYMNTS

are closing branches, but the New York area is seeing more closures than most, Bloomberg reported on Wednesday (Feb. markets in the study. Capital One closed 72 branches and opened four, and also outfitted some sites with free Wi-Fi, power outlets, snack machines and coffee bars, according to Wisewage. There was a 2.2

New York 167
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Luxury Brand Barneys New York Seeks Bankruptcy Protection

PYMNTS

Struggling to compete with online brands, famed Big Apple luxury retailer Barneys New York has put itself up for sale and filed for bankruptcy protection, according to a report by Reuters. . However, the company hasn’t been immune from the same market conditions that sent Sears and Kmart into bankruptcy.

New York 108
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Here Are The Blockchain Networks Most Popular With Capital Markets Players

CB Insights

As blockchain tech gains commercial traction, a growing number of companies want to use it to reimagine the capital markets infrastructure that powers the trade of stocks, bonds, and other securities. The chart above shows the core blockchain tech being used by projects and corporates working on DLT applications for capital markets.

Capital 101
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New York Venture Bank Seeks National Bank Charter

PYMNTS

New York Venture Bank, a new financial institution (FI) created by big names in the financial services industry, has applied for a national bank charter. FDIC), the news report noted the new bank will begin with $100 million in capital. According to a Wednesday (Nov. According to a Wednesday (Nov.

New York 100
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New York & Co. Rebrands To RTW Retailwinds

PYMNTS

To highlight its ability to grow into new markets and categories, New York & Co. Today, over 30 percent of our sales are generated digitally, we have optimized our retail footprint and have the talent and infrastructure to capitalize on our strengths.”. Along with the name change, New York & Co.

New York 100
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Square Gets License From New York To Enable Bitcoin Trading

PYMNTS

Square , the payments company founded by Jack Dorsey, has received a license to enable residents in New York state to buy and sell bitcoin via its Cash App. In a press release , the New York State Department of Financial Services Superintendent Maria T.

New York 127
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Lull Hits B2B FinTech Venture Capital Funding

PYMNTS

A lull in venture capital funding has only a few B2B FinTechs this week securing new investment rounds. Just this week, RTP Global announced a a fund, with the venture capital firm planning to deploy that cash for early-stage technology companies in areas like FinTech and Software-as-a-Service (SaaS).

Capital 202