Perficient

FEBRUARY 15, 2024

This blog was co-authored by Perficient Risk and Regulatory CoE Member: Alicia Lawrence The announcement of significant amendments to the New York State Department of Financial Services (NYSDFS) regulations on December 1, 2023, represents a pivotal moment for entities operating within New York’s financial sector.

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New York Compliance Regulation Analysis 221

PYMNTS

MAY 29, 2019

Apple Pay is coming to New York City thanks to a partnership with the Metropolitan Transportation Authority or MTA. According to TheVerge, the rollout of Apple Pay is part of the MTA’s One Metro New York initiative in which it’s testing new payment methods for fares.

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New York Apple New York City Google 174

Insights on Business

MARCH 27, 2019

IBM is excited to be hosting the 2019 Sales Performance Management Summit, being held in New York City for sales executives and compensation leaders. Highlights include customers who tell their stories from implementation, to go-live, to next steps on the sales performance management journey. ICM customer successes.

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New York City New York Management Groups 79

PYMNTS

AUGUST 29, 2017

The New York State Department of Financial Services (DFS) is looking to fine Habib Bank Ltd (HBL) nearly $630 million for failing to comply with state and federal laws at its only U.S. Reuters reported news that if the fine is imposed, it would be the largest ever faced by a Pakistani bank.

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New York Regulation Compliance United States 102

American Banker

FEBRUARY 1, 2024

A day after the regional bank's stock tumbled on tough fourth-quarter results and some austerity moves, observers debated whether management just needs time to build enough capital to catch up with growth or if it is still too overexposed in multifamily lending.

New York 81

New York Strategy Community Regional 81

Bank Innovation

APRIL 7, 2016

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.

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New York Fintech social media Operations 150

Bank Innovation

APRIL 5, 2016

but it’s adding significant innovation staff to its New York office. Capital One Financial Corp. may be based in McLean, Va., Job ads for more than a dozen positions in the Big Apple were recently posted, and quite a few of them directly relate to the bank’s innovation effort. Here are just a Read More.

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New York Capital Innovation Apple 150

Perficient

FEBRUARY 15, 2024

The announcement of significant amendments to the DFS500 regulations on December 1, 2023, represents a pivotal moment for entities operating within New York’s financial sector. Issues and Findings Management: Document issues and gaps identified during risk assessments and control testing, crucial for compliance.

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Compliance New York Regulation Analysis 221

Bank Innovation

SEPTEMBER 15, 2017

EXCLUSIVE – The Brink’s Company and expense management provider Bento for Business introduced a new Travel & Expense Debit Card at Finovate in New York. The partnership is a major win for Bento, who launched only two years ago with a prepaid card for SMBs.

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Management New York Cards Company 372

American Banker

MARCH 25, 2024

billion-asset MCU in New York is working with Ameriprise Financial Institutions Group to connect members with the firm's network of digital advisors and offer investment planning options alongside its suite of traditional products.

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Management New York Groups Fintech 83

PYMNTS

SEPTEMBER 12, 2018

To highlight its ability to grow into new markets and categories, New York & Co. Along with the name change, New York & Co. is changing its name to RTW Retailwinds. The move comes as the retailer seeks to top the $1 billion mark in sales, Chain Store Age reported. “We trillion U.S.

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New York Branding Study Massachusetts 100

Perficient

NOVEMBER 30, 2022

Our Payments Practice recently had the opportunity to represent Perficient at the 2022 Real-time Payments & Fraud Management Summit held in New York City. . The conference was attended by several Financial Institutions, Service Providers, Fintechs, and Industry Regulators.

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Fraud Management Payments New York City 275

PYMNTS

MARCH 17, 2017

For years, New York City has been at the epicenter of United States’ culture with the fashion and entertainment industries leading the way. With the top modeling agencies, MTV and the home of American broadway plays, there’s no denying New York City is bustling with creativity. trillion (2012). percent (2015).

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New York City New York Community Industry 100

PYMNTS

OCTOBER 20, 2016

Online lending may be dominated by startup companies based outside of New York, but the New York State Department of Financial Services (NYDFS) wants New York banks to get into the business as well. The products could help serve lower-income people who live in New York and don’t have access to banking.

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New York Lending Online Cards 100

PYMNTS

SEPTEMBER 15, 2020

Amazon has poached former Uber manager Alex Vickers and Justin Ginsburgh , known for starting New York's Citi Bike bikeshare service, to helm its eBike delivery team, CNBC reported. The move may show that the eCommerce giant is looking to bolster delivery times.

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Management New York New York City Regional 165

Bank Innovation

SEPTEMBER 7, 2016

Artificial intelligence is set to challenge traditional technologies in financial services, if the startups that demoed at BBVA Open Talent in New York today are any indication. The BBVA Open Talent Challenge is part of Next Money NYC. Today’s event is one of three regional finals, from which a few Read More.

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New York Regional Technology Operations 150

American Banker

DECEMBER 15, 2023

The changes include elevating several recently hired executives while eliminating nearly two dozen jobs and trimming annual operating expenses by $6 million.

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New York Management Operations Community Bank 34

PYMNTS

NOVEMBER 2, 2017

New York City commuters – arguably the most on-the-go demographic in the United States – do not want to wait for anything. ” It’s an inefficiency that the New York Metropolitan Transportation Authority (MTA) has not only acknowledged, but committed to doing something about.

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New York New York City System Metro 105

Payments Dive

JANUARY 30, 2023

The virtual card company said it would pay $275 million to buy the New York fintech that allows companies to manage their credit card programs.

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New York Cards Fintech Management 243

PYMNTS

JULY 18, 2017

The Bank of New York Mellon announced Monday (July 17) that it named Charles W. In a press release announcing the news, the company said Scharf, who was most recently CEO and director of Visa, will become chairman of the board of directors effective January 1, 2018.

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New York Leadership Technology Management 100

BankInovation

SEPTEMBER 1, 2023

Spend management fintech Ramp raised $300 million on Aug. The series D funding round has given the New York-based company a valuation of $5.8 22 to fuel its product expansion aims. billion, according to a release from the company. Ramp’s valuation dropped from $8.1

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Fintech Management New York Company 65

American Banker

JULY 14, 2023

The New Jersey institution has hired Jeanne Scungio, a veteran banker who ran First Republic Bank's New York operations, to oversee its expansion into the Big Apple.

New York City 36

New York City New York New Jersey Apple 36

BankInovation

OCTOBER 4, 2022

TD Asset Management (TDAM) and cloud infrastructure platform Beacon announced a new partnership today to build new capabilities and scale existing workflows for TD Bank’s $398 billion investment arm.

New York City 98

New York City Management New York 98

Bank Innovation

SEPTEMBER 25, 2018

Based in New York, Debitize helps consumers manage their credit cards and bills and thus avoid fees while building credit. Debitize, a graduate from Bank Innovation's sister accelerator INV Fintech, announced today it has acquired rival Debx for an undisclosed amount.

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Management New York Innovation Fintech 150

American Banker

FEBRUARY 9, 2024

In a surprise move this week, banking veteran Sandro DiNello was appointed executive chairman of the embattled Long Island-based company, whose stock plummeted in the face of questions about its financial health.

New York 83

New York Community Company Risk Management 83

PYMNTS

OCTOBER 4, 2019

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. vendors to sell CBD items. NY AG Subpoenas 40+ Cos About MyPayrollHR Scandal.

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New York Industry Knowledge Base Payments 122

BankInovation

MAY 26, 2022

NEW YORK CITY — Citi is blazing a path toward comprehensive AI-based credit management. trillion Citi has leveraged AI for everything from document handling and back-office process automation to sanctions and capital management. One of the nation’s largest banks, $2.3

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New York City Management Customer Experience New York 98

PYMNTS

AUGUST 3, 2020

Citi has named Stephen Randall as the TTS global head of liquidity management services in the London office, the company has announced. Previously, he served as head of global liquidity oversight and analytics based in New York. He succeeds Mark Smith in the role. Most recently, he was the head of regional treasury.

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Management Regional Leadership New York 131

PYMNTS

MAY 3, 2016

The latest in its problems is a potential revolt from New York-based drivers who have come together to form an association called Amalgamated Local of Livery Employees in Solidarity (Alles) to bolster their position against the company — much like their counterparts who won $100 million in a settlement over expense claims.

New York 100

New York Massachusetts Groups Illinois 100

CFPB Monitor

JUNE 12, 2020

New debt collection rules creating requirements relating to consumers’ language proficiency are set to take effect in New York City on June 27, 2020. The new rules amend NYC’s existing debt collection regulations applicable to creditors collecting their own debts as well as third-party collection agencies.

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New York City New York Regulation Resources 78

PYMNTS

SEPTEMBER 29, 2020

Bankruptcy filings are surging in New York City with almost 6,000 closures, representing a 40 percent increase, according to Bloomberg , and it's forecasted to keep getting worse. New York's Metropolitan Opera announced cancellations for its entire 2020-21 season, which CNBC called "ominous" for all other performing groups.

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New York New York City Taxes Community 224

PYMNTS

SEPTEMBER 3, 2020

In a filing with New York’s State Department of Labor Monday (Aug. 31) the managing director of the 44-story landmark said it will close permanently next month and 200 jobs will be lost. In a typical year, New York City sees more than 65 million visitors. The Hilton is not the only New York hotel taking a hit.

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New York City New York California Report 345

PYMNTS

OCTOBER 11, 2016

Amazon, however, has shown a persistent ability to erode that trend and has managed to effectively leverage its massive — if digital-only — business into a mostly successful hardware business, particularly with its IoT-managing home device, the Echo. And Google has something of a love-hate relationship with selling in the real world.

New York 100

New York Google New York City Apple 100

CFPB Monitor

MAY 17, 2023

NYDFS recently issued Proposed Guidance “to New York State-regulated banking organizations and regulated non-depository financial institutions to notify them of the Department’s expectation that they update their framework for the review and assessment of the character and fitness of their directors, senior officers, and managers, both upon onboarding (..)

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Management New York Industry Regulation 78

American Banker

FEBRUARY 6, 2024

The latest shoe to drop was the news that Chief Risk Officer Nicholas Munson left the company early this year. The regional bank's stock price again fell by double digits on Tuesday, marking the fourth daily decline of at least 10% in the last week.

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New York Community Regional Company 70

CFPB Monitor

SEPTEMBER 14, 2020

Last week the CFPB and New York Attorney General filed a lawsuit against five debt collection companies and four individuals who own and manage the companies.

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New York Company Management Payments 78

PYMNTS

SEPTEMBER 9, 2019

David Watson, the former managing director and head of cash management for Deutsche Bank in the Americas, as well as the head of global digital cash products, has joined SWIFT as the new strategic relationship director in North America, according to a release. Watson started his position in New York on Monday (Sept.

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Management America New York Regional 179