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Cash Compliance Retailers Mobile payments Amazon New JerseyLegislation banning shops from refusing to accept cash has moved swiftly this year. But this trend is running head-on against retail models like Amazon Go, which are built from the ground up to operate without cash. MORE
New Jersey is the first state lottery to authorize lottery courier services formally, enabling the placement of orders via a mobile app, according to an announcement from the company. . Players in New Jersey can place orders in the app for favorites like Powerball, Mega Millions, Cash4Life, and New Jersey’s Pick-6. The company is available as of now in New Jersey, Texas, New Hampshire, and Minnesota. MORE
According to the Mendix 2020 Software Developer Drought Index, counties in New Jersey, South Dakota and Mississippi have the largest gaps between tech jobs and available talent. “The Tech hiring is no longer confined to Silicon Valley. MORE
The credit union announced a $1 million commitment to the New Jersey Education Association spread over 10 years, with the first installment helping expand the group’s Human and Civil Rights Division. Diversity and equality Credit unions Corporate philanthropy New Jersey Racial Bias MORE
Pupils at New York City’s Pratt Institute have done the same. For example, The College of New Jersey this week announced that while it’s “keeping tuition flat,” it will cut overall student costs by 3.5 Coronavirus college COVID-19 discounts News online classes Pratt Institute refunds students The College of New Jersey tuition university University of California San Diego University of North Carolina MORE
Cross River Bank’s partnerships with more than 30 fintech companies has enabled it to loan more than PNC, US Bank and Trust Community Banking PPP Covid19 Feature Financial Trends Duties Feature3 The Economy. 1Community Banking MORE
New Jersey’s Department of Labor and Workforce Development claims that Uber owes the state around $650 million in unemployment and disability insurance taxes because it has been wrongly classifying its drivers as independent contractors. We are challenging this preliminary, but incorrect, determination, because drivers are independent contractors in New Jersey and elsewhere,” said Alix Anfang, an Uber spokeswoman, according to Bloomberg Law. MORE
The wait is over for shoppers who have missed the $5 billion American Dream Mall in East Rutherford, New Jersey. Last week, New Jersey Gov. On Thursday (Sept. MORE
Bancorp of New Jersey in Fort Lee has hired a former state regulator as its new chief executive. womenin-banking people succession-planning nj recruitment community-banking MORE
Last week, the New Jersey Department of Banking and Insurance (DOBI) announced that it was designating Raghu Kakumanu as the state’s Student Loan Ombudsman. Kakumanu is the first [PERSON] to occupy this role, which was created under New Jersey’s student loan servicer licensing law enacted last year. MORE
New Jersey Community Bank in Freehold has exited a pair of regulatory orders. The $102 million-asset bank also said in a press release Tuesday that two siblings have resigned from its board. breaking_news people corporate-governance fdic community-banking MORE
Lawmakers in New Jersey are proposing a bill to solidify data privacy guidelines and inflict tougher limits on the tech industry, The Wall Street Journal reported on Monday (March 2). The bill mandates that tech firms get authorization from New Jersey consumers before collecting and selling information to third parties. New Jersey joins Washington, Illinois and other states and regions in introducing data privacy laws. MORE
Ann Goldinak will take the helm of the New Jersey-based credit union when John Culp retires in December. C-suite Professional development Career moves Career advancement Workforce management New Jersey Succession planning MORE
New Jersey’s big bet on online gambling has paid off, with revenues skyrocketing to a record $80 million in April. New Jersey’s Division of Gaming Enforcement said the state’s licensed online gambling operators generated a combined income of $80 million in April. With total gaming revenues way down, what can gambling venues and the state of New Jersey, which collects taxes from them, do to boost business? MORE
New Jersey ’s governor has signed a bill to implement a Blockchain Initiative Task Force. In other news, IBM recently filed a new patent application for a blockchain-based web browser. “In Bitcoin bill bitcoin Blockchain Blockstream FATF IBM Legislation mining new jersey News patent task force web browser What's Hot MORE
Retailers Compliance Digital payments Cash New Jersey PennsylvaniaThe pushback on stores that don’t accept cash seems to be gaining momentum, with Philadelphia the latest municipality to consider a law that would ban cash-free shops. MORE
New JerseyDonald Payne, D-N.J., recently introduced the Payment Choice Act in the U.S. House of Representatives to prohibit retail businesses from refusing cash for payments. Compliance Cash Retailers U.S. MORE
Homeowners insurance in New Jersey can provide the protection you need. How Much Is Homeowners Insurance in New Jersey? New Jersey residents can expect to pay about $1,744 for home insurance per year. Do I Need Hurricane Insurance in New Jersey? MORE
FDIC Compliance AML Community banking New JerseyUnity Bancorp must improve its policies and procedures, and increase staff training, for following Bank Secrecy Act and anti-money laundering laws. MORE
Among recent developments is the addition of PayPal to the sportsbook operated by DraftKings in New Jersey. Payment processing has been among the chief dampeners of performance in New Jersey’s regulated online gambling market,” observed Legal Sports Report. At launch, New Jersey’s legal online casino sites struggled with credit card decline rates exceeding 75 percent,” the report said. It’s a good time to be a sports gambler. Football. Hockey. MORE
The New Jersey Attorney General recently filed a lawsuit in New Jersey state court against Yellowstone Capital LLC, its parent Fundry.US MORE
On July 30, 2019, Acting New Jersey Governor Sheila Oliver signed into law SB 1149 , which requires student loan servicers to be licensed, creates an Office of the Student Loan Ombudsman within the NJ Department of Banking and Insurance, imposes various requirements, and prohibits certain conduct. State CFS Monitor State Licensing Student Loans new jersey servicer student loan MORE
New Jersey Governor Philip D. According to a report in The New York Times , if the agreement wins enough support in the state legislature, New Jersey could be next to enable legal use of pot. The news marks a big step forward in the governor’s vow to introduce recreational marijuana into New Jersey. New Jersey will need to stay ahead of the curve if it wants to maximize the expected economic benefits.”. MORE
Last week, New Jersey Attorney General Gurbir Grewal took the lead in pursing two actions against the U.S. On September 16, 2019, New Jersey, along with 16 other attorneys general, including New York, Colorado, Massachusetts, and Washington, sent a letter to the Department opposing a new policy limiting cooperation with state law enforcement. This is the third letter sent by the New Jersey attorney general to the Department related to similar changes. MORE
Last year, the Pennsylvania Credit Union Association and the New Jersey Credit Union League merged to form the CrossState Credit Union Association, and now the foundations of the two groups are combining. Non-profits New Jersey Philanthropy Pennsylvania MORE
New Jersey’s commuter rail and bus system is joining the movement to add contactless payment options for commuters, which observers say could spark broader adoption of mobile payments across the U.S. Mobile payments Contactless payments New Jersey MORE
New Jersey has passed a law banning cashless stores and restaurants, according to reports. New Jersey is the second state to outlaw cashless stores after Massachusetts, which signed a similar bill into law back in 1978. Philadelphia recently became the first major city to pass a ban on cashless shops; New York, San Francisco, Chicago and Washington are reportedly considering passing similar legislation. MORE
The company will pay $94 million for a bank with operations in New Jersey's Somerset and Morris counties. Community banking M&A Growth strategies New Jersey MORE
On March 7, New Jersey Attorney General Gurbir S. The complaint alleges that these practices violated the New Jersey Consumer Fraud Act, the New Jersey Motor Vehicle Advertising Regulations, the Automotive Sales Regulations, and the state Used Car Lemon law and regulations. Auto Finance State CFS Monitor auto dealers new jersey attorney general new jersey consumer fraud act MORE
Residents itching to visit the New Jersey shore over the Memorial Day weekend can break out bathing suits and head to the beach. With 10,747 coronavirus deaths as of May 21, New Jersey is second only to New York where there have been 28,540 fatalities, followed by Massachusetts with 6,006, according to the Centers for Disease Control and Prevention (CDC). COVID-19 has infected nearly 151,000 people across New Jersey. MORE
Flush with capital from issuing subordinated debt, Peapack-Gladstone is exploring acquisitions in Florida and New York in an effort to generate more fee revenue. MORE
C-suite Credit unions Career moves New Jersey Succession planning Hiring RecruitingAnna Lo, a former NCUA examiner who previously led Pacific Transportation FCU, will take the helm next month, following the retirement of longtime CEO Lourdes Cortez. MORE
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Earlier this month, the Consumer Financial Protection Bureau issued a consent order against a New Jersey debt buyer accused of threatening and suing consumers to collect debts in states where it did not have a legally required license. MORE
With coronavirus infection rates soaring in the Sunbelt, the governors of New York, Connecticut and New Jersey are teaming up to slap a 14-day quarantine on travelers from states where the deadly virus is spiking. New York Gov. Andrew Cuomo, New Jersey Gov. New Jersey opened its beaches on Memorial Day weekend, while New York City began reopening earlier this month, letting nonessential manufacturing and construction workers return to their jobs. MORE
Michael Lesler resigned as CEO and president of the $803 million-asset company, it said Thursday. breaking_news people recruitment nj community-banking MORE
A&P named its concept Warehouse Economy Outlet — or “Where Economy Originates” — and opened its first location in Pennsauken, New Jersey, in 1971. In another commercial , a spokesperson proclaimed, “It’s a brand-new concept: You shop at a modern supermarket with wild warehouse prices,” as the slogan “wild warehouse prices” flashed across the screen. If Amazon does end up acquiring Boxed, perhaps the new Costco card will be an Amazon Prime membership. MORE
New Jersey Related Topics PYMNTS
MARCH 19, 2019
New Jersey has passed a law banning cashless stores and restaurants, according to reports. New Jersey is the second state to outlaw cashless stores after Massachusetts, which signed a similar bill into law back in 1978. Philadelphia recently became the first major city to pass a ban on cashless shops; New York, San Francisco, Chicago and Washington are reportedly considering passing similar legislation.
PYMNTS
MAY 21, 2020
Residents itching to visit the New Jersey shore over the Memorial Day weekend can break out bathing suits and head to the beach. With 10,747 coronavirus deaths as of May 21, New Jersey is second only to New York where there have been 28,540 fatalities, followed by Massachusetts with 6,006, according to the Centers for Disease Control and Prevention (CDC). COVID-19 has infected nearly 151,000 people across New Jersey.
PYMNTS
FEBRUARY 20, 2019
New Jersey Governor Philip D. According to a report in The New York Times , if the agreement wins enough support in the state legislature, New Jersey could be next to enable legal use of pot. The news marks a big step forward in the governor’s vow to introduce recreational marijuana into New Jersey. New Jersey will need to stay ahead of the curve if it wants to maximize the expected economic benefits.”.
American Banker
DECEMBER 29, 2020
Last year, the Pennsylvania Credit Union Association and the New Jersey Credit Union League merged to form the CrossState Credit Union Association, and now the foundations of the two groups are combining. Non-profits New Jersey Philanthropy Pennsylvania
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PYMNTS
OCTOBER 5, 2018
Among recent developments is the addition of PayPal to the sportsbook operated by DraftKings in New Jersey. Payment processing has been among the chief dampeners of performance in New Jersey’s regulated online gambling market,” observed Legal Sports Report. At launch, New Jersey’s legal online casino sites struggled with credit card decline rates exceeding 75 percent,” the report said. It’s a good time to be a sports gambler. Football. Hockey.
PYMNTS
SEPTEMBER 4, 2020
The wait is over for shoppers who have missed the $5 billion American Dream Mall in East Rutherford, New Jersey. Last week, New Jersey Gov. On Thursday (Sept.
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CFPB Monitor
DECEMBER 18, 2020
The New Jersey Attorney General recently filed a lawsuit in New Jersey state court against Yellowstone Capital LLC, its parent Fundry.US
CFPB Monitor
OCTOBER 9, 2020
Last week, the New Jersey Department of Banking and Insurance (DOBI) announced that it was designating Raghu Kakumanu as the state’s Student Loan Ombudsman. Kakumanu is the first [PERSON] to occupy this role, which was created under New Jersey’s student loan servicer licensing law enacted last year.
American Banker
DECEMBER 19, 2019
The company will pay $94 million for a bank with operations in New Jersey's Somerset and Morris counties. Community banking M&A Growth strategies New Jersey
American Banker
JULY 14, 2020
FDIC Compliance AML Community banking New JerseyUnity Bancorp must improve its policies and procedures, and increase staff training, for following Bank Secrecy Act and anti-money laundering laws.
American Banker
JANUARY 25, 2021
Flush with capital from issuing subordinated debt, Peapack-Gladstone is exploring acquisitions in Florida and New York in an effort to generate more fee revenue.
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CFPB Monitor
MARCH 21, 2019
On March 7, New Jersey Attorney General Gurbir S. The complaint alleges that these practices violated the New Jersey Consumer Fraud Act, the New Jersey Motor Vehicle Advertising Regulations, the Automotive Sales Regulations, and the state Used Car Lemon law and regulations. Auto Finance State CFS Monitor auto dealers new jersey attorney general new jersey consumer fraud act
MyBankTracker
JANUARY 20, 2021
Homeowners insurance in New Jersey can provide the protection you need. How Much Is Homeowners Insurance in New Jersey? New Jersey residents can expect to pay about $1,744 for home insurance per year. Do I Need Hurricane Insurance in New Jersey?
CFPB Monitor
DECEMBER 29, 2020
Earlier this month, the Consumer Financial Protection Bureau issued a consent order against a New Jersey debt buyer accused of threatening and suing consumers to collect debts in states where it did not have a legally required license.
Banking Exchange
JUNE 10, 2020
Cross River Bank’s partnerships with more than 30 fintech companies has enabled it to loan more than PNC, US Bank and Trust Community Banking PPP Covid19 Feature Financial Trends Duties Feature3 The Economy. 1Community Banking
CFPB Monitor
AUGUST 7, 2019
On July 30, 2019, Acting New Jersey Governor Sheila Oliver signed into law SB 1149 , which requires student loan servicers to be licensed, creates an Office of the Student Loan Ombudsman within the NJ Department of Banking and Insurance, imposes various requirements, and prohibits certain conduct. State CFS Monitor State Licensing Student Loans new jersey servicer student loan
CFPB Monitor
SEPTEMBER 23, 2019
Last week, New Jersey Attorney General Gurbir Grewal took the lead in pursing two actions against the U.S. On September 16, 2019, New Jersey, along with 16 other attorneys general, including New York, Colorado, Massachusetts, and Washington, sent a letter to the Department opposing a new policy limiting cooperation with state law enforcement. This is the third letter sent by the New Jersey attorney general to the Department related to similar changes.
PYMNTS
FEBRUARY 6, 2018
A&P named its concept Warehouse Economy Outlet — or “Where Economy Originates” — and opened its first location in Pennsauken, New Jersey, in 1971. In another commercial , a spokesperson proclaimed, “It’s a brand-new concept: You shop at a modern supermarket with wild warehouse prices,” as the slogan “wild warehouse prices” flashed across the screen. If Amazon does end up acquiring Boxed, perhaps the new Costco card will be an Amazon Prime membership.
PYMNTS
MARCH 2, 2020
Lawmakers in New Jersey are proposing a bill to solidify data privacy guidelines and inflict tougher limits on the tech industry, The Wall Street Journal reported on Monday (March 2). The bill mandates that tech firms get authorization from New Jersey consumers before collecting and selling information to third parties. New Jersey joins Washington, Illinois and other states and regions in introducing data privacy laws.
American Banker
OCTOBER 23, 2020
Ann Goldinak will take the helm of the New Jersey-based credit union when John Culp retires in December. C-suite Professional development Career moves Career advancement Workforce management New Jersey Succession planning
American Banker
JANUARY 20, 2021
The credit union announced a $1 million commitment to the New Jersey Education Association spread over 10 years, with the first installment helping expand the group’s Human and Civil Rights Division. Diversity and equality Credit unions Corporate philanthropy New Jersey Racial Bias
American Banker
DECEMBER 11, 2020
C-suite Credit unions Career moves New Jersey Succession planning Hiring RecruitingAnna Lo, a former NCUA examiner who previously led Pacific Transportation FCU, will take the helm next month, following the retirement of longtime CEO Lourdes Cortez.
PYMNTS
NOVEMBER 14, 2019
New Jersey’s Department of Labor and Workforce Development claims that Uber owes the state around $650 million in unemployment and disability insurance taxes because it has been wrongly classifying its drivers as independent contractors. We are challenging this preliminary, but incorrect, determination, because drivers are independent contractors in New Jersey and elsewhere,” said Alix Anfang, an Uber spokeswoman, according to Bloomberg Law.
PYMNTS
MAY 14, 2020
New Jersey’s big bet on online gambling has paid off, with revenues skyrocketing to a record $80 million in April. New Jersey’s Division of Gaming Enforcement said the state’s licensed online gambling operators generated a combined income of $80 million in April. With total gaming revenues way down, what can gambling venues and the state of New Jersey, which collects taxes from them, do to boost business?
Payments Source
FEBRUARY 5, 2019
Retailers Compliance Digital payments Cash New Jersey PennsylvaniaThe pushback on stores that don’t accept cash seems to be gaining momentum, with Philadelphia the latest municipality to consider a law that would ban cash-free shops.
PYMNTS
JUNE 24, 2020
With coronavirus infection rates soaring in the Sunbelt, the governors of New York, Connecticut and New Jersey are teaming up to slap a 14-day quarantine on travelers from states where the deadly virus is spiking. New York Gov. Andrew Cuomo, New Jersey Gov. New Jersey opened its beaches on Memorial Day weekend, while New York City began reopening earlier this month, letting nonessential manufacturing and construction workers return to their jobs.
Payments Source
JUNE 11, 2018
New Jersey’s commuter rail and bus system is joining the movement to add contactless payment options for commuters, which observers say could spark broader adoption of mobile payments across the U.S. Mobile payments Contactless payments New Jersey
PYMNTS
DECEMBER 13, 2019
New Jersey is the first state lottery to authorize lottery courier services formally, enabling the placement of orders via a mobile app, according to an announcement from the company. . Players in New Jersey can place orders in the app for favorites like Powerball, Mega Millions, Cash4Life, and New Jersey’s Pick-6. The company is available as of now in New Jersey, Texas, New Hampshire, and Minnesota.
PYMNTS
JULY 16, 2020
Pupils at New York City’s Pratt Institute have done the same. For example, The College of New Jersey this week announced that while it’s “keeping tuition flat,” it will cut overall student costs by 3.5 Coronavirus college COVID-19 discounts News online classes Pratt Institute refunds students The College of New Jersey tuition university University of California San Diego University of North Carolina
PYMNTS
AUGUST 11, 2019
New Jersey ’s governor has signed a bill to implement a Blockchain Initiative Task Force. In other news, IBM recently filed a new patent application for a blockchain-based web browser. “In Bitcoin bill bitcoin Blockchain Blockstream FATF IBM Legislation mining new jersey News patent task force web browser What's Hot
American Banker
AUGUST 9, 2016
New Jersey Community Bank in Freehold has exited a pair of regulatory orders. The $102 million-asset bank also said in a press release Tuesday that two siblings have resigned from its board. breaking_news people corporate-governance fdic community-banking
Payments Source
MAY 15, 2019
New JerseyDonald Payne, D-N.J., recently introduced the Payment Choice Act in the U.S. House of Representatives to prohibit retail businesses from refusing cash for payments. Compliance Cash Retailers U.S.
American Banker
APRIL 6, 2016
Bancorp of New Jersey in Fort Lee has hired a former state regulator as its new chief executive. womenin-banking people succession-planning nj recruitment community-banking
American Banker
MARCH 3, 2016
Michael Lesler resigned as CEO and president of the $803 million-asset company, it said Thursday. breaking_news people recruitment nj community-banking
Payments Source
MARCH 20, 2019
Cash Compliance Retailers Mobile payments Amazon New JerseyLegislation banning shops from refusing to accept cash has moved swiftly this year. But this trend is running head-on against retail models like Amazon Go, which are built from the ground up to operate without cash.
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