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New York State Regulations for Online Lenders to ‘Level Playing Field’ for Banks

Bank Innovation

Online lenders may own more than half of the personal lending market, but they face serious headwinds. In New York State, perhaps anticipating a […].

New York 225
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Robinhood suffers online outage with US stocks rebounding

Bank Innovation

Robinhood Markets Inc.’s s brokerage website experienced technical issues Monday with some customers unable to make trades on a day when the market was rebounding from last week’s rout. markets opened and continued through midday. New York time, the company posted a statement on the website […].

Online 273
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Robinhood suffers online outage with US stocks rebounding

Bank Innovation

Robinhood Markets Inc.’s s brokerage website experienced technical issues Monday with some customers unable to make trades on a day when the market was rebounding from last week’s rout. markets opened and continued through midday. New York time, the company posted a statement on the website […].

Online 195
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Fintech’s Power Grab — in The New York Times

Bank Innovation

The New York Times covered the subject — and the word — in depth yesterday, in a special section called “Fintech’s Power Grab.” Ok, it’s safe to say fintech has hit the big time. ” The lead item, by Andrew Ross Sorkin of CNBC fame, focuses on the fintech challenge to Read More.

New York 150
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NY Dept Financial Services: Online Lenders Need Oversight

PYMNTS

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. Superintendent Maria T.

Online 100
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Odds Are That Online Sportsbook Wins Big Post-COVID

PYMNTS

Online sportsbooks have been beneficiaries of that dictum ever since COVID-19 eradicated most live sports, leaving millions of fans and a great many bettors potentially mired in boredom. The hat trick right now is to keep fans engaged while the market normalizes. How much potential does online gambling have? billion by 2025.

Online 168
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Top News In Payments: Square Unveils CBD Early Access Program; New York Examines Payroll Tech Industry

PYMNTS

Today in the payments news roundup, Square is rolling out CBD early access program that will allow U.S. Also, New York is taking a closer look at the payroll technology space with the fallout from the scandal and collapse of MyPayrollHR. Does KBA Have A Place In Online SMB Credit Checks? vendors to sell CBD items.

New York 122