PYMNTS

MARCH 2, 2020

Andrew Zwicker (D-Hunterdon), chairman of the Assembly’s Science, Innovation and Technology Committee and lead sponsor of the legislation. New Jersey joins Washington, Illinois and other states and regions in introducing data privacy laws. Retailers of all sizes will be forced to prepare for new, stricter regulations.

NJ 249

NJ New Jersey Regulation Data 249

PYMNTS

JULY 5, 2017

The New York Times reports news that ride-hailing has returned to New York state and Long Island after a two-year battle by Lyft, Via, Uber and others to lift the ban on their carsharing services. A complementary new law tightens restrictions around who is eligible to become a driver. Governor Andrew M.

New York 100

New York Regulation Innovation Company 100

PYMNTS

OCTOBER 12, 2020

No matter how innovative they are, companies still need to get paid. And not many companies this year have combined business model creativity with payments innovation more than Beautycounter. While all the innovations and the business awards are nice to have, Renfrew is most proud of her work as a beauty industry activist.

Innovation 270

Innovation New York City Denver Retail 270

Payments Dive

MAY 7, 2019

A lawsuit brought by New York banking regulators could have a significant impact on fintech development amid efforts by federal authorities to drive innovation.

Fintech 257

Fintech New York Regulation Innovation 257

PYMNTS

JANUARY 29, 2020

29) that it supports plans to establish a digital regulator. The short-term home rental firm won an exemption from European property regulations in a ruling last month of the Court of Justice of the European Union (CJEU), Reuters reported.

Regulation 142

Regulation New York Taxes Policies 142

Bobsguide

FEBRUARY 14, 2019

Unheard of today, the New York & Mississippi Valley Printing Telegraph Company was founded in 1851. Five years later, the company was renamed Western Union. Arguably one of the first companies to transact across borders, Western Union tapped into its telegraph network to transfer money from one.

Mississippi 148

Mississippi Regulation Innovation New York 148

CFPB Monitor

FEBRUARY 2, 2023

After reviewing the licensing/chartering/approval structures that DFS uses for entities seeking to engage in virtual currency activities, we discuss the role of guidance in DFS’s regulation and oversight of virtual currency, particularly new DFS guidance on digital asset custody practices and DFS expectations for how entities acting as digital asset (..)

Regulation 78

Regulation New York Innovation 78

PYMNTS

JANUARY 7, 2020

The Trump administration recently submitted new rules governing any future federal regulation of artificial intelligence (AI) used in an array of industries, according to reports , including transportation and medicine, among others. The administration said that, in taking new regulatory action, U.S.

Regulation 131

Regulation New York Policies System 131

PYMNTS

SEPTEMBER 16, 2019

The first Influencer Fraudnomics Summit in New York City on Tuesday (Sept. Like with all new innovations, there are going to be some hitches to it,” Cavazos said. Regulation could be the answer, some companies have speculated, and Unilever said it is all for tackling the problem aggressively.

social media 150

social media Regulation New York City Baltimore 150

CFPB Monitor

MAY 31, 2022

On May 19, 2022, the Associate Director of the Enforcement and Compliance Division of the Financial Crimes Enforcement Network (“FinCEN”), Alessio Evangelista, spoke at the Chainalysis Links Conference in New York City on the topic of “The Intersection of Cryptocurrencies and National Security.” Responsible Innovation “.

cryptocurrency 146

cryptocurrency Innovation DC National 146

CFPB Monitor

SEPTEMBER 29, 2021

The New York Department of Financial Services has issued a proposed regulation to implement S 5470–B , which requires consumer-like disclosures for “commercial financing” transactions of $2.5 The proposed regulation provides a definition of the “amount financed” that varies depending on the type of commercial financing.

Regulation 78

Regulation New York California Examples 78

PYMNTS

DECEMBER 11, 2019

The New York State Department of Financial Services (DFS) is proposing revised rules for the listing of new virtual currencies and will review the state’s BitLicense , the regulator announced in a press release on Wednesday (Dec. DFS Superintendent of Financial Services Linda A. Comments are due on Jan.

New York 132

New York Regulation cryptocurrency Meeting 132

American Banker

JUNE 9, 2020

The Department of Financial Services is going live with DFS FastForward, which aims to help innovators in finance, healthcare and insurance consult directly with regulators on specific compliance issues.

New York 66

New York Compliance Fintech Regulation 66

American Banker

NOVEMBER 28, 2022

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New York 73

New York Regulation Innovation cryptocurrency 73

PYMNTS

JUNE 22, 2018

Treasury Department is poised to release a report over the next few weeks that will give some recommendations on regulating financial services, with a nod to the advantages of FinTech efforts and sandboxes that encourage innovation. Communication between corporates and regulators will also be examined in the report, the BNA noted.

Innovation 129

Innovation Fintech Regulation New York 129

PYMNTS

OCTOBER 16, 2019

The CEO of Foursquare , a location data company, wrote an op-ed piece in the New York Times Wednesday (Oct. 16), saying, “It’s time for Congress to regulate the industry.”. There’s no good reason that companies won’t be able to comply with reasonable regulation,” he said.

Regulation 100

Regulation Data New York Examples 100

PYMNTS

JULY 24, 2019

New York’s Department of Financial Services (DFS) has launched a new Research and Innovation Division that will be responsible for licensing and supervising virtual currencies. And the New York Times has revealed that it is planning to use blockchain technology to fight fake news.

Regulation 108

Regulation Bitcoin New York Online 108

PYMNTS

SEPTEMBER 5, 2019

Regulators recently announced plans to take a closer look at the early wage access industry, but as demand among the workforce for such FinTech solutions continues to rise, experts are encouraging lawmakers to get on board with a new normal of payroll. Regulators Step In. Defenders Weigh In.

Regulation 122

Regulation Lending New York Fintech 122

PYMNTS

JANUARY 29, 2020

The government’s policy and its regulations should be well known before enforcement happens, the policy said. If an agency intends to enforce its laws in new and innovative ways, it must first notify industry stakeholders of its intent to do so and the way in which existing law applies,” it said. Tanvi Ratna, CEO of Policy 4.0,

Bitcoin 132

Bitcoin Regulation blockchain Delaware 132

PYMNTS

OCTOBER 16, 2019

The CEO of Foursquare , a location data company, wrote an op-ed piece in the New York Times Wednesday (Oct. 16), saying, “It’s time for Congress to regulate the industry.”. There’s no good reason that companies won’t be able to comply with reasonable regulation,” he said.

Regulation 100

Regulation Data New York Examples 100

CFPB Monitor

JUNE 15, 2022

The California Department of Financial Protection and Innovation (DFPI) has issued final regulations to implement SB 1235, the bill signed into law on September 30, 2018 that requires consumer-like disclosures to be made for certain commercial financing products, including small business loans and merchant cash advances. .

California 78

California Regulation CA Utah 78

PYMNTS

APRIL 22, 2020

Global concern over the coronavirus spreading on contaminated surfaces in public places is unleashing rapid development of innovative biometric products that could assist a touchless society. They are also designed to kill the COVID-19 virus with ultraviolet (UV) lighting in the air ducts.

Innovation 209

Innovation New York City System Tools 209

PYMNTS

MARCH 6, 2020

Digital payments sent internationally are expected to move past $1 trillion in 2025, but getting to that point will require support from payment providers, regulators and other such firms still building out the necessary infrastructure. Real-time payments are imperative for running successful operations in today’s global ecosystem.

Payments 304

Payments New York Metro New York City 304

PYMNTS

MAY 19, 2019

New York’s Department of Financial Services seized Municipal Credit Union , New York’s oldest credit union, on Friday (May 17), saying it is facing “unsafe and unsound” conditions. million worth of New York State Lottery tickets with the money he embezzled.

New York 181

New York Security Customer Experience Innovation 181

CFPB Monitor

AUGUST 12, 2021

SB 1235 requires the DFPI to issue regulations implementing the specific requirements of the disclosures that must be given to recipients. Compliance with the new disclosure requirements is not required until the DFPI’s final regulations become effective. Modifications to the proposal were issued in April 2021.

CA 78

CA Regulation California New York 78

PYMNTS

MARCH 26, 2019

The Federal Reserve Bank of New York has announced the creation of the Fintech Advisory Group to bridge the communication gap between the FinTech industry and consumer organizations, the organization said in a release. The group members will be picked based on expertise across all FinTech -related issues.

Groups 135

Groups Fintech New York Financial Technology 135

PYMNTS

JULY 30, 2018

As a result, the proposed change could open new doors for companies that are not FIs. This is designed to promote competition and innovation by supporting new entrants into the marketplace,” Nanopay CEO Laurence Cooke told PYMNTS.com in an interview. But that could potentially change. By comparison, developers in the U.S.

Innovation 103

Innovation Payments New York California 103

Insights on Business

FEBRUARY 23, 2019

Two years ago, they were appointing chief innovation officers to dip their toes in with proof-of-concept projects or in-house incubators. based financial services C-level executives, will focus on the transformational leader who is innovating at enterprise scale. Three years ago, banks were looking at fintechs with a wary eye.

Innovation 125

Innovation New York City Training Case Study 125

PYMNTS

MARCH 27, 2020

While the advancement of open banking regulations may be seeing a small skip due to the spread of the coronavirus , many countries saw business and typical banking operations halted right after deciding upon new online privacy rules. Considering t he global nature of COVID-19, regulators outside of the U.S. Security .

Data 199

Data Retail US California 199

PYMNTS

OCTOBER 6, 2016

SWIFT’s year has been filled with controversy, the apex of which occurred when reports surfaced that cyberthieves infiltrated Bangladesh Bank via the SWIFT messaging system in February, resulting in $81 million stolen from the bank’s account at the New York Federal Reserve. Among its criticisms was a lack of speed.

Innovation 188

Innovation Payments Fintech New York 188

Bank Innovation

NOVEMBER 12, 2019

Despite a recent legal challenge, Comptroller of the Currency Joseph Otting said the regulator will continue to advocate for passage of the OCC’s special purpose fintech charter. At the RegTech 2019 conference in New York on Tuesday, he reiterated the case for having nonbanks that offer banking services under regulatory oversight.

Fintech 170

Fintech New York Conference Regulation 170

CFPB Monitor

FEBRUARY 16, 2022

Around the nation, regulators are preparing to implement and enforce new consumer-like disclosure laws for small business commercial finance providers. New York regulators have yet to issue final regulations implementing the state’s Commercial Finance Disclosure Law (CFDL), which went into effect on January 1, 2022.

North Carolina 78

North Carolina Missouri Maryland Mississippi 78

PYMNTS

JANUARY 4, 2019

A New York State politician announced the creation of what he called the nation’s first cryptocurrency task force, to “study how to properly regulate, define and use” the currency, according to a Facebook post and reports.

cryptocurrency 163

cryptocurrency New York New York City Study 163

PYMNTS

NOVEMBER 10, 2020

Atlanta payments encryption firm Bluefin is partnering with New York mobile payments processor PAAY to advance eCommerce security. New York-headquartered PAAY, a consumer authentication innovator co-founded in 2011 by James Ruffer and Yitz Mendlowitz, has a new security solution that aims to obliterate hacking and fraud threats.

Security 233

Security New York Atlanta Fraud 233

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

DECEMBER 22, 2016

are eyeing incoming regulations likely to impact their businesses, and small business payroll and HR firm Paychex has identified the legislation about which SMEs are most concerned. Tax reform takes the top spot of regulations SMEs are watching most closely, Paychex said in its release of the survey results Wednesday (Dec.

Regulation 100

Regulation Taxes Pennsylvania Compliance 100

PYMNTS

AUGUST 8, 2018

New York City. News from the last several weeks, and recently from The New York Times , reports that city officials are inching toward a cap for Uber drivers — and not the ones worn atop heads. Innovation fosters growth, growth fosters innovation. If you can make it there, you’ll make it anywhere.

New York 101

New York New York City Regulation Industry 101