New York City Mulls Fur Sales Ban

PYMNTS

Following the lead of other municipalities, New York City could be going fur-free with a proposed law on the horizon. In a progressive and modern city like New York, banning the sale of fur clothing and accessories is long overdue,” Johnson said in a statement, according to the outlet. In the case of New York City, under the proposed law, a fine would range from $500 to $1,500 for businesses selling fur.

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. . Retail bankruptcy Barneys New York luxury brands News What's Hot

Uber Eats Will Now Deliver Recess, A CBD Drink, In New York

PYMNTS

Recess, a CBD-infused sparkling water company, has announced that it will be available on Uber Eats for delivery to customers in New York City, according to a report by Adweek. Eventually, the company plans to expand to other markets, including L.A. “We

Visa Renews New York Fashion Week Sponsorship

PYMNTS

Expanding its footprint in fashion, Visa has announced its renewed sponsorship of New York Fashion Week: The Shows (NYFW) as its official payment technology partner.

New York State Of (Cybersecurity) Mind

PYMNTS

As the Sinatra tune goes (a bit paraphrased) … New York: If you can make it there in cybersecurity, you can make it anywhere. The financial services industry is girding for the new regulations by the New York State Department of Financial Services (DFS), which take effect as of Aug. Yes, the rules apply to a single state, but as some sources, including New York Law Journal , report, the regulations could have a global impact.

IBM hosting two day Sales Performance Management Summit in New York City

Insights on Business

IBM is excited to be hosting the 2019 Sales Performance Management Summit, being held in New York City for sales executives and compensation leaders. In the market now for a sales performance management solution?

Visa Highlights Contactless Payments At New York Fashion Week

PYMNTS

To help consumers experience new ways to pay, Visa has announced a new relationship with New York Fashion Week: The Shows. We are constantly exploring sponsorship opportunities to help us diversify our brand and reach new audiences, while delivering experiences that drive business priorities,” Mary Ann Reilly, senior vice president for North America marketing at Visa, said in the announcement. “We

Latest New York de novo will court middle-market firms

BankThink

Piermont Bank, set to open this week, will be the city's second new bank this year. Community banking De novo institutions Capital New York

New York & Co. Rebrands To RTW Retailwinds

PYMNTS

To highlight its ability to grow into new markets and categories, New York & Co. Along with the name change, New York & Co. retail market will be driven through digital touchpoints by the end of the year. Retail Fashion To Figure Greg Scott New York and Company News retail brands RTW Retailwinds What's Hotis changing its name to RTW Retailwinds.

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

PYMNTS

Also, New York is taking a closer look at the payroll technology space with the fallout from the scandal and collapse of MyPayrollHR. New York is taking a closer look at the payroll technology space with the fallout from the collapse and scandal of MyPayrollHR.

New York de novo debuts after raising $131 million

BankThink

Grasshopper Bancorp will target the innovation economy in New York City and other markets across the country. Community banking Capital Branch network New York

Chef’d Meal Kits Coming To New York Area Drugstores

PYMNTS

Chef’d , the maker of meal kits that can be purchased in grocery stores, has inked a deal to sell the kits in Walgreens and Duane Reade stores in the New York area. CNBC , citing the company, reported Chef’d meal kits will be sold in 30 Walgreens and Duane Reade stores in New York as part of a deal with Smithfield Foods. In May, Chef’d entered into distribution deals with Costco, Harris Teeter, Tops, Hy-vee, Weis and Gelson’s Markets.

Amazon Go Coming To New York

PYMNTS

Amazon has announced plans to open an Amazon Go location in New York. Earlier this year, the eCommerce giant launched its first checkout-free convenience store market in Seattle. It recently opened two more locations in the city, which will make New York its first foray outside of Seattle. “We We plan to open Amazon Go in New York,” an Amazon spokesperson said, according to Reuters , though it was not revealed when the company plans to open the location.

TRENDING: How ‘The New York Times’ Built A Winning Subscription Formula

PYMNTS

The subscription market has grown more competitive in recent years, with multiple players aggressively working to attract subscribers. The growing market is forcing many players to get creative to stand apart in a crowded field of subscription services.

New York AG Wants More Info From Crypto Traders

PYMNTS

New York Attorney General Eric Schneiderman has announced the launch of the Virtual Markets Integrity Initiative, a fact-finding inquiry into the policies and practices of cryptocurrency trading platforms. With cryptocurrency on the rise, consumers in New York and across the country have a right to transparency and accountability when they invest their money. Regulation AML bitcoin cryptocurrency exchange investments New York News regulation What's Hot

Tech Center: New York City Takes on Tech Full Force

PYMNTS

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. With a big focus on technology in Silicon Valley and Boston, New York City slowly made its way to becoming a powerhouse tech player.

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.” Capital Commerce Corporate Innovations Insurance Lending Marketing Mobile Online Operations Payments PFM Retail Risk Security Social Media Startups Technology Virtual Currency Wealth Management banking disruption fintech Investing startups The New York Times

Samsung Brings VR To New York Fashion Week

PYMNTS

Samsung is now providing the possibility for this with its upcoming invite-only event at New York’s Fashion Week. Instead of sitting in front of a traditional runway watching models in the latest fashions pass by, Samsung event attendees will be welcomed into a large backstage area room to peruse new fashion lines. Retail Apple New York New York Fashion Week NYFW Samsung virtual reality VR

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. 22) report by American Banker , New York Venture Bank, which will be headquartered in New York, needs the nod of the Office of the Comptroller of the Currency (OCC) before it can launch operations. FDIC), the news report noted the new bank will begin with $100 million in capital.

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. DFS is pleased to approve Square’s application and welcomes them to New York’s expanding and well-regulated virtual currency market,” said Superintendent Vullo.

Sleep Number Unveils New Interactive Store In New York City

PYMNTS

Sleep Number is opening a new brick-and-mortar store in the New York City’s Flatiron District, adding to its portfolio of over 560 locations. Our new Sleep Number store in the Flatiron District demonstrates the transformative impact of our smart beds on individual comfort, restfulness and well-being.”. At the same time, some online retailers have sought out busy brick-and-mortar locations to help their marketing efforts, as online customer acquisition costs have risen.

You’re not the New York Yankees!

CU Insight

In this early crucial scene, the scouts are trying to tell Billy Beane which available players should be signed by the A’s as replacements for “star players” who left to join the New York Yankees and other large revenue ballclubs that can afford to pay them much more than can the A’s.

NY Mag To Open Pop-Up Shop; Amazon Go Plans New York Store

PYMNTS

Magazines have been testing the waters of brick-and-mortar retail by opening temporary stores in major cities, and New York Magazine is no exception. New York Magazine eCommerce GM Camilla Cho said the project’s aim is to put The Strategist brand in front of a large audience. “It’s

Blockchain Tracker: SEB’s New York Bridge To Stockholm, Credit Cards And Fraud Prevention

PYMNTS

Quite possibly, the biggest blockchain news this week was that Swedish bank SEB announced that intends to build a blockchain channel between New York and Stockholm to enable customers to make real-time transfers, as soon as next year. Paula da Silva, head of transaction services at SEB, said in a statement that SEB has plans to include further geographies — besides New York and Stockholm — where the bank operates.

Rideshare Rental Startup Expands In New York And Wisconsin

PYMNTS

Unlike services like Turo, which is focused on the broader rental market, HyreCar provides features like insurance targeted toward rideshare drivers. The company, which is in 29 states, is growing — it added New York City and Madison, Wisconsin, to its roster of cities in 2017. And, companies that provide rideshare rentals like GM’s Maven Gig have been expanding to new cities — such as Los Angeles — as well. Many, but not all, cars meet Uber and Lyft’s standards.

Blockchain Front Page: New York regulators approved new Crypto ventures

Daily Fintech

Last week our theme was “Anonymous transactions in Bitcoin” Our theme for this week is “New York regulators approved new Crypto ventures “ Its official, New Yorkers can now use Robinhood to buy Bitcoin.

Q1 Delivers More Good News Than Bad For New York & Co.

PYMNTS

The bad news is, New York & Co.’s The company saw a soft start to the quarter in line with thinning foot traffic at malls, but comp store sales made up for it in March and April, resulting in New York & Co.’s New York & Co. However, the CEO was confident that staying the course to execute new strategies would continue to deliver growth. New York & Co. Retail What's Hot ecommerce New York & Co.

Market For Distributed Farms That Grow Popular Fungi ‘Mushrooms’ In New York

PYMNTS

But one startup hopes to change that paradigm by bringing a more compact concept of a farm into New York City. When you make it super easy to farm something, it becomes a whole new business opportunity for a community. DeMartino said Smallhold develops mushrooms that are already fully grown, too, to help introduce new customers to its growing system. The Mushroom Market. The New Produce Section.

Application Deadline to Speak at FinDEVr New York—Apply Now!

Fintech Labs Insights

The year is winding down, but FinDEVr New York is gearing up. With the first speaker deadline days away, we’re receiving applications from dozens of organizations eager to showcase their new and trending tools, APIs, and platforms for the financial services industry.

Before 2016 Ends, Apply to Speak at FinDEVr New York

Fintech Labs Insights

The second deadline to apply to speak at FinDEVr New York is this Friday, Dec. Companies showcase new and trending tools, APIs, and platforms, explore use cases, and walk through tutorials of best practices, implementation, etc. FinDEVr 2017 New York FinDEVr Marketing

Grasshopper Gearing Up To Launch Challenger Bank In New York

PYMNTS

Grasshopper, a new bank challenger in New York, is gearing up to go after the banking industry, reported FinTech Futures. According to the report, the bank formerly went by the name New York Ventures Bank and is in the process of getting a banking license. The report noted that it chose the Temenos T24 banking system, with Grasshopper aiming to provide commercial banking products and services to businesses in New York. market.

Calling All Fintech Developers for FinDEVr New York this March!

Fintech Labs Insights

Like its predecessors, FinDEVr New York will focus on the technology side of fintech. The selection process for FinDEVr New York has been the most competitive yet and the list of innovators already on board is impressive. FinDEVr New York is sponsored by The Bancorp. .

Sizzle Of The Week: New York’s Holiday Pop-Up Explosion

PYMNTS

And pop-up shops, if you happen to be in New York City between now and when the ball officially drops on 2018 in Times Square. percent) of brands pick New York, with L.A.

Iconic New York Grocer Files For Bankrutpcy

PYMNTS

Retail’s latest piece of roadkill today is Fairway Supermarkets, an institution for our readers living in New York City, and probably something the rest of our readers have never heard of. operator of the Fairway Market supermarket chain, has filed for Chapter 11 bankruptcy protection. The filing is what is known as a “prepackaged” bankruptcy restructuring, meaning that lenders agree to change existing debt to new equity and debt in the reorganized version of the firm.

Walmart Bringing Same-Day Delivery To New York City

PYMNTS

s Jet.com unit is getting into the same-day grocery delivery market, gearing up to offer the service in New York City. Bloomberg , citing a statement the company made via email, reported that Jet plans on opening up a fulfillment center in the Bronx in the fall that will enable same-day and next-day delivery of groceries in New York City. Jet told Bloomberg the new fulfillment center will result in the creation of hundreds of new jobs.

FinDEVr New York — Save $200 through Friday!

Fintech Labs Insights

There are less than two months to go until FinDEVr New York. Our full FinDEVr New York presenter line-up is almost set. And we’ll see you in New York in March! The post FinDEVr New York — Save $200 through Friday!

Media Roll Call: See Who’s Covering FinDEVr New York

Fintech Labs Insights

If FinDEVr is generating a lot of buzz in New York and the media likes buzz, is the media buzzing about FinDEVr New York? An impressive roster of media organizations have secured passes to FinDEVr New York and will attend the developer event this March 21 & 22.

Last chance to attend the debut of FinDEVr New York!

Fintech Labs Insights

Key Bank, ING, Alliant, Santander, PwC, Thomson Reuters, ABN-AMRO, Route 66 Ventures, Saxo Bank, Prudential, Twilio, TradeStation, New York Life, Mass Mutual, Swift Capital, Aite, CIT, and many more. FinDEVr New York is only days away and this is your last chance to register.

NY Lawsuit Against FinTech Banking Licenses Can Proceed

PYMNTS

Regulators from New York got the nod from a judge to move forward with their lawsuit aimed at stopping FinTechs from offering banking services on a national level. According to a report in MarketWatch citing court proceedings, Manhattan Federal Judge Victor Marrero ruled Thursday (May 3) the New York State Department of Financial Services can move forward with its lawsuit against the Office of Comptroller of the Currency.

Google Pop-Up Stores Coming To New York

PYMNTS

Just as the world was wondering if Google could really support its fancy new phones (and their fancy new price point) without retail stores to call its own, Google decides to surprise everyone by opening up some stores. The pop-up shop is something of a toe-in for Google, allowing it to try out locations and marketing campaigns before going all in on a physical expansion that could be costly.

Lose the Layers with FinDEVr New York — Final Days to Save

Fintech Labs Insights

Winter is winding down and New York is warming up. With temperatures rising above 60 degrees, what better way to celebrate spring than with FinDEVr New York this March? The post Lose the Layers with FinDEVr New York — Final Days to Save appeared first on Finovate.

2017 Has Now Seen 4 Of New York’s Top 10 VC-Backed Tech Exits

CB Insights

After a slow beginning of the year, New York has joined the IPO party and saw three of its VC-backed startups reaching $900M+ valuation on the public market. Blue Apron is New York’s largest VC-backed tech exit since 2012.

Last Chance to Save Big in 2016 on FinDEVr New York

Fintech Labs Insights

This week is your last chance to save big on tickets to FinDEVr New York in 2016 and that’s the best deal of all. While two deadlines remain to apply to speak at FinDEVr New York , these companies were handpicked from an impressive pool of applicants during the first selection round.