PYMNTS

APRIL 5, 2019

Silicon Valley-based financial services startup Earnin has potentially run afoul of New York State regulators with its payday advance product for consumers. Investors also like the firm — in December the firm announced $125 million in funding from Andreessen Horowitz, DST Global and Spark Capital.

Regulation 100

Regulation New York Lending Capital 100

American Banker

JULY 19, 2023

The Buffalo, New York, bank said that share repurchases are off the table, even though the amount of incremental capital it's required to hold has declined from last year. Executives pointed to forthcoming revisions to risk-based capital rules, which are expected to hit midsize banks like M&T.

Capital 53

Capital New York Risk Management Compliance 53

PYMNTS

AUGUST 21, 2020

While Chinese traders are limited to the purchase of up to $50,000 of foreign currency annually, the volume suggests stablecoins could be being used to circumvent the regulation, according to Chainalysis , the New York-based provider of regulatory compliance software.

cryptocurrency 349

cryptocurrency Report Regional Capital 349

PYMNTS

OCTOBER 16, 2020

billion in venture capital investments between January and September 2020, according to a press release from London & Partners emailed to PYMNTS. New York City is also high up there, with $2.2 FinTechs account for 44 percent of all venture capital investments in London tech companies this year. billion in investments.

San Francisco 265

San Francisco Fintech New York City Data 265

PYMNTS

FEBRUARY 27, 2017

Capital One Financial disclosed in a Securities and Exchange Commission filing last week that it’s being investigated by the New York District Attorney’s Office, the Justice Department and the Financial Crimes Enforcement Network of the Treasury Department for its anti-money laundering program.

Capital 100

Capital New York Cards Security 100

PYMNTS

FEBRUARY 2, 2020

A proposed change to a post-financial crisis rule could shake things up for banks, making it easier for them to invest in or sponsor venture capital funds, The New York Times reported. But now, new proposed changes would loosen those regulations. Under the proposal, the Volcker Rule will be revamped.

Capital 142

Capital Regulation New York Report 142

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

NOVEMBER 23, 2017

Ride-hailing app company Uber, which made news when it covered up a huge data breach that exposed roughly 600,000 driver’s license numbers, could face investigations by regulators around the globe. 22), regulators in the U.K., s capital. According to a report in Fortune published Wednesday (Nov. Meanwhile, in the U.K.,

Regulation 100

Regulation Cyber Security Connecticut Illinois 100

PYMNTS

OCTOBER 9, 2020

New York City-based FinTech startup Clair has raised $4.5 We are thrilled to be one of the only sources of free capital for America’s hourly and gig workers,” Nico Simko , co-founder and CEO of Clair, said in a statement on Friday (Oct. The funding was led by Upfront Ventures.

New York City 254

New York City Lending New York Fintech 254

Abrigo

DECEMBER 18, 2023

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. Takeaway 3 Loan-level stress testing can help assess repricing risk, while capital stress testing helps clarify the impact of CRE loan losses on capital.

Risk Management 221

Risk Management Management Lending Capital 221

PYMNTS

JANUARY 12, 2021

In today’s top payments news around the world, Checkout.com has brought its valuation to $15 billion after the closing of a $450 million Series C funding round, while Pakistan has debuted a government-run instant digital payment infrastructure. Plus, Delivery Hero is launching an early-stage venture capital (VC) firm.

Detroit 135

Detroit New York City System Payments 135

PYMNTS

DECEMBER 9, 2020

We look forward to engaging with local policymakers to increase understanding of the impact pricing regulations have, and solutions that better serve customers, Dashers, and restaurants,” a representative for DoorDash said in a statement, per Reuters. Multiple states have put caps on the fees that apps and platforms can charge on eateries.

DC 226

DC District of Columbia New York City New Jersey 226

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

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

SEPTEMBER 4, 2020

Since January, the European Central Bank (ECB), which oversees the biggest European Union lenders, has eased regulations to encourage mergers and reduced the capital requirements for such transactions, the news service reported. The reason is not hard to understand. and Asian rivals.

New York 188

New York Regulation Customer Experience Report 188

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

PYMNTS

APRIL 26, 2019

Cryptocurrencies declined in trading Thursday (April 26) night after the New York Attorney General went after Bitfinex, a crypto exchange, for hiding the fact it’s missing $850 million. The New York AG says the funds used from Tether total $850 million. Tether is backed by the U.S. dollar and is known as a stablecoin.

Bitcoin 115

Bitcoin New York cryptocurrency Meeting 115

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

DECEMBER 9, 2020

DoorDash soared on its first day of trading on the New York Stock Exchange Wednesday (Dec. 9), surging over 85 percent from its initial public offering (IPO) price of $102 to close out the trading day at $189.51. The food delivery company trades under the ticker symbol of “DASH.”.

District of Columbia 208

District of Columbia DC New York Marketing 208

Bobsguide

JUNE 25, 2022

New York, 23 June 2022: TS Imagine , a global leader in trading, portfolio and risk management solutions for capital markets, has successfully connected with Coinbase Prime, the prime broker for digital assets, to offer institutional clients a fully regulated path to trade cryptocurrencies.

cryptocurrency 88

cryptocurrency New York Regulation Risk Management 88

PYMNTS

SEPTEMBER 14, 2020

It’s a world where the parent company has such as tight rein that one step out of the guidelines and regulations can merit a devastating suspension. And it’s a world where a new competitor, or even a dozen of them, can pop up overnight. In short, it’s a world where access to capital and legal advice is welcome.

Capital 214

Capital Long Beach Branding Guidelines 214

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. . ” TaxBit will use the funding to speed up customer growth, and make its products better.

Bitcoin 132

Bitcoin blockchain Taxes Austin 132

PYMNTS

DECEMBER 14, 2018

.” In fact, the job grew 33 times faster than other positions this year, with demand highest in San Francisco, New York City and Atlanta. California-based hedge fund Pantera Capital has revealed that it might have to issue refunds to its backers after the U.S.

blockchain 155

blockchain Bitcoin Report San Francisco 155

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

APRIL 13, 2020

That’s ignored because we’re listening to who is plateauing … Is New York actually getting better and we see a peak? Although they don’t have to report anything by SEC regulations, GameStop will be interesting to watch this week. It is also in the thick of a nasty board fight from an activist investor.

Retail 216

Retail Data Capital New York 216

CB Insights

NOVEMBER 9, 2021

The round drew participation from Bain Capital Ventures, Canapi Ventures, JPMorgan & Co., New York-based Laika helps businesses obtain audits and security certifications as well as remain compliant with regulations. Laika has offices in New York and Costa Rica. and PayPal Ventures, among others.

Compliance 61

Compliance Software Security Company 61

PYMNTS

SEPTEMBER 17, 2019

The FCA first began investigating the high street bank in February after it miscalculated the capital needed for numerous loans. Six months later, the financial regulator said the probe was widened to involve “certain senior members of management.” The extended scope of the probe was exposed following a bond prospectus.

Metro 116

Metro Management Regulation New York 116

PYMNTS

DECEMBER 17, 2020

FinTech GoCardless has raised $95 million in a Series F funding round led by Bain Capital Ventures. The startup will use the new funds to accelerate the company’s open banking strategy, enabling merchants to transparently and quickly process instant payments. BarkBox To Go Public Via SPAC At $1.6 Billion Valuation.

Massachusetts 147

Massachusetts Bitcoin Payments System 147

CFPB Monitor

OCTOBER 2, 2020

Capital One Funding, LLC , the federal district court for the Eastern District of New York joined the federal district court for the Western District of New York in Petersen v. The Madden fix final rule amended the OCC’s regulation at 12 C.F.R. In Cohen v.

Cards 78

Cards New York National Exercises 78

PYMNTS

NOVEMBER 30, 2020

30) and would value the New York-headquartered startup at more than $1 billion, the sources said. Some fear that innovation could suffer if regulators come down on mergers and acquisitions. The deal could close by the end of the day on Monday (Nov. Simons said there could be blockades to end some usual routes to growth. “A

New York 140

New York Software Capital Regulation 140

PYMNTS

OCTOBER 2, 2018

The manipulation of cryptocurrencies is getting attention from regulators who have been warning that these digital tokens, and the exchanges they are traded on, could be vulnerable to price manipulation. The Wall Street Journal , citing the New York Attorney General Barbara D.

cryptocurrency 180

cryptocurrency New York Groups Capital 180

PYMNTS

MARCH 22, 2019

Intercontinental Exchange ( ICE )’s plans to launch bitcoin futures in November of last year have been delayed because of regulators. According to the paper, what’s holding up approval is a disagreement about how Bakkt (the name for the bitcoin futures) should be regulated.

Bitcoin 116

Bitcoin Regulation cryptocurrency Boston 116

PYMNTS

AUGUST 12, 2019

Taylor also previously worked at Capital One, Chase Manhattan Bank and JPMorgan. 26, and she will be based in New York City. Last month, Wells Fargo also added four new executives to its roster. She graduated from Spelman College and earned her MBA from The Wharton School at the University of Pennsylvania.

New York City 179

New York City Pennsylvania New York Community Bank 179

PYMNTS

JULY 1, 2019

This delicate dance could involve “literally hundreds, perhaps thousands, of licenses from hundreds of different regulators,” said Sean Park, founder and chief investment officer at Anthemis, a venture capital firm that invests in crypto. It’s only going to get worse.”.

cryptocurrency 102

cryptocurrency Regulation United States New York 102

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

CB Insights

JULY 30, 2021

The round drew participation from Morgan Stanley, Manulife Capital, Industry Ventures, and Goldman Sachs, among others. New York-based Vestwell provides the infrastructure to support workplace retirement programs. HOW’S THE COMPANY PERFORMING?

Company 69

Company New York Capital Regulation 69

PYMNTS

DECEMBER 30, 2019

30) said a lack of regulation in the online SMB lending arena is raising concerns over sky-high fees and interest rates, sparking a bigger conversation about expanding borrower protections beyond consumers. On Deck Capital is a rare exception, with the publicly-traded firm charging between 9 and 98.3

Lending 131

Lending Online California New York 131