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.

New Jersey 60

New Jersey NJ Regulation Data 60

PYMNTS

DECEMBER 27, 2019

With blackjack and roulette on mobile phones, the growing market for online sports wagering in New Jersey has introduced gamblers to virtual casino games. Mobile betting, however, is only allowed in five: New Jersey, West Virginia, Iowa, Pennsylvania and Nevada per earlier reports.

NJ 131

NJ New Jersey Las Vegas Online 131

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.

Taxes 142

Taxes NJ New Jersey California 142

PYMNTS

SEPTEMBER 2, 2019

Mobile sports betting is quickly growing to a point where New Jersey is close to topping Las Vegas as the country’s biggest market, The Wall Street Journal reported Monday (Sept. Mobile betting, however, is only allowed in five: New Jersey, Pennsylvania, West Virginia, Iowa and Nevada.

NJ 108

NJ New Jersey Rhode Island Online 108

PYMNTS

NOVEMBER 9, 2020

Good news for restaurants, physical retail — and consumers — but bad news for delivery apps, quick-service restaurants (QSRs), streaming services, and apparently bitcoin, although many expect this dip to be temporary, reported CoinDesk. Meanwhile, New Jersey Sen.

Bitcoin 225

Bitcoin NJ New Jersey blockchain 225

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. Licensing requirement.

New Jersey 60

New Jersey NJ Payments Report 60

PYMNTS

AUGUST 11, 2019

New Jersey ’s governor has signed a bill to implement a Blockchain Initiative Task Force. Bill S2297 explained that the task force will study potential uses for blockchain technology on the state and local level, with an emphasis on medical records, land records, banking, and property auctions as potential applications.

blockchain 137

blockchain Bitcoin NJ New Jersey 137

PYMNTS

FEBRUARY 25, 2020

Meanwhile, a New Jersey lawmaker has introduced a bill that would require cryptocurrency firms to obtain a license before being able to operate, according to Coin Telegraph. 20, which would introduce new standards and rules for how crypto businesses operate.

NJ 130

NJ New Jersey Bitcoin blockchain 130

PYMNTS

OCTOBER 18, 2019

Rick Rizzuto, vice president at real estate research firm Transwestern in New Jersey said, “All successful malls understand that you need more of a draw than just stores. Malls in the area are also looking beyond retail to make sure shoppers keep coming through their doors and spending.

NJ 101

NJ New York City New York New Jersey 101

PYMNTS

DECEMBER 6, 2018

Lawmakers in New Jersey have passed a bill to ban stores from going cashless. According to Chain Store Age , the legislation requiring all brick-and-mortar retailers to accept cash was unanimously approved by the N.J. Senate Commerce Committee.

NJ 133

NJ New York City New Jersey Philadelphia 133

PYMNTS

AUGUST 4, 2017

Just one month after its IPO, Blue Apron is closing a New Jersey facility and moving 1,270 jobs to a larger site opening in the state later this year. According to Bloomberg Technology , more than half of the employees at the Jersey City facility have decided to move to Linden, New Jersey, a company spokeswoman said.

NJ 101

NJ New Jersey California Meeting 101

CFPB Monitor

SEPTEMBER 23, 2021

In its complaint filed in New Jersey federal district court, the DOJ alleged that HESAA obtained default judgments against two SCRA-protected servicemembers after filing affidavits stating that the defendants were not in military service despite having knowledge that they were on active duty at the time the default judgments were sought.

NJ 78

NJ New Jersey Lending United States 78

CFPB Monitor

AUGUST 20, 2020

The FAA almost certainly preempts this proposed New Jersey statute because it interferes with, and discriminates against, the enrollment contracts between students and schools solely on the basis that an arbitration agreement with a class action waiver is involved. Therein lies the rub.

NJ 78

NJ New Jersey Training Policies 78

PopularBank

DECEMBER 22, 2020

Grants Will Benefit Communities Throughout New York, New Jersey, South Florida and Chicago. New York, NY. West New York, NJ. New York, NY. New York, NY. Elizabeth, NJ. Northern Manhattan Improvement Corp. The Open Door NJNY. Search and Care, Inc. Thelma Gibson Health Initiative.

NJ 97

NJ New York Miami New Jersey 97

PYMNTS

MAY 8, 2020

D-NJ), would maintain cash as a valid method of payment nationwide, going against some places phasing it out as a source of payment. Preserving cash has proved popular among several states, including New Jersey and cities like New York, San Francisco and Philadelphia, which have all passed laws mandating that cash be accepted everywhere.

Groups 182

Groups San Francisco NJ New Jersey 182

PYMNTS

JANUARY 4, 2019

Zola’s store opening comes as another wedding retailer, Kleinfeld , opened its first-ever pop-up shop in Secaucus, New Jersey. The company said the store would offer more than 1,500 designer wedding dress styles, such as new overstock dresses and sample dresses. “We’ll consider a few more cities.”.

NJ 129

NJ Retail New York City New York 129

PopularBank

MARCH 13, 2020

As of April 20, 2020 , we are reopening several of our branches located throughout New York and New Jersey, while others will remain closed. Please see below for more information on how your local branch hours may be affected: New York. New Jersey. New Jersey. South Florida. Temporarily Closed.

NJ 59

NJ Miami New York New Jersey 59

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.

NJ 80

NJ Mobile System Payments 80

PYMNTS

JUNE 22, 2020

The warning, on the other hand, came from Arthur Linfante, managing director of the Northern New Jersey office of Integra Realty Resources. This creates an exciting opportunity for the communities that surround these properties.”.

NJ 132

NJ New Jersey Illinois Retail 132

PYMNTS

SEPTEMBER 10, 2018

It has reportedly launched FanDuel Sportsbook , which offers online betting services for real sporting events — but only to consumers located in New Jersey, for now. New Jersey was the ringleader of the effort, though it did enlist support from 17 other states and three additional state governors.

Online 101

Online New Jersey United States NJ 101

PopularBank

OCTOBER 13, 2020

NEWARK, NJ and NEW YORK, NY – October 13, 2020 – Popular Bank , a subsidiary of Popular, Inc. The new investment vehicle aims to economically empower Black and Latinx business owners throughout the City of Newark. NWK FAM Fund Seeks to Narrow the Wealth Gap in New Jersey. Michellene Davis. John Harmon.

New Jersey 52

New Jersey Community NJ New York 52

PYMNTS

DECEMBER 28, 2016

Brawls of mostly young people reportedly broke out around malls in Fayetteville, NC, East Garden City, NY, Elizabeth, NJ, Manchester, CT, Aurora, CO, and Tempe, AZ, among others. Hundreds are reported to have been involved in 12 states nationwide, leading to a number of arrests. Around 5,000 people were reportedly in the mall at the time.

Security 100

Security NJ New Jersey Tennessee 100

American Banker

APRIL 6, 2016

Bancorp of New Jersey in Fort Lee has hired a former state regulator as its new chief executive.

New Jersey 28

New Jersey Regulation NJ Community Bank 28

PYMNTS

FEBRUARY 18, 2019

In reference to mass transit and payment delays, New Jersey Transit has reportedly come current with $182 million that had been owed to Amtrak. The payments had been tied to the use of New York Penn Station and the northeast corridor line. The payments are being used to improve Penn Station, according to NJBiz.

Payments 122

Payments NJ New Jersey United States 122

PYMNTS

JUNE 1, 2020

I was actually very nervous because I haven’t done this before,” Bournias told NJ Advance Media. Carhop service has apparently been added all over New Jersey for a wide variety of restaurant fare, including burgers, breakfast, custom-created crepes and Indian and Ethiopian food. But I tell you, it was a huge success.”.

Los Angeles 158

Los Angeles NJ New Jersey United States 158

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.

NJ 249

NJ New Jersey Regulation Data 249

CB Insights

MARCH 13, 2019

Headquarters: Jersey City, NJ. in New Jersey, its primary market, in 2018. Below, we take a look at some quick 2018 enrollment and premium stats from four big-name, full-stack insurtech startups. Clover Health. Total Funding: $925M. The Medicare Advantage startup lost $40.9M

NJ 59

NJ Columbus New Jersey CA 59

CFPB Monitor

SEPTEMBER 25, 2015

The joint complaint filed by the CFPB and DOJ in federal district court in New Jersey states that the action resulted from a joint investigation by the agencies of the bank’s lending practices following the CFPB’s referral of the bank to the DOJ pursuant to the ECOA.

NJ 60

NJ New Jersey New York Philadelphia 60

American Banker

SEPTEMBER 1, 2016

United Roosevelt Savings Bank in Carteret, N.J., has agreed to buy Wawel Financial Services in Garfield, N.J.

New Jersey 39

New Jersey NJ Community Bank Community 39

Jeff For Banks

JANUARY 10, 2016

Jerry Reeves, President & CEO of Sturdy Savings Bank of Cape May Court House in New Jersey and current Chairman of the NJ Bankers Association , penned an article The Golden Age of Banking in the NJBA's winter 2016 edition of New Jersey Banker magazine.

US 60

US Leadership New Jersey NJ 60

American Banker

MARCH 3, 2016

Michael Lesler resigned as CEO and president of the $803 million-asset company, it said Thursday.

New Jersey 28

New Jersey Company NJ Community Bank 28

CFPB Monitor

NOVEMBER 7, 2019

Filed in New Jersey federal district court, CDIA’s complaint alleges that the NJ requirement to make credit file disclosures available in multiple languages is preempted by federal law and violates the First Amendment of the U.S. Accordingly, CDIA’s members cannot comply [with NJ law] without violating [the federal FCRA].”.

NJ 60

NJ Report New Jersey United States 60

American Banker

DECEMBER 27, 2016

That is Fred Viaud's goal for Glen Rock Savings Bank in New Jersey, which on Tuesday said he would be promoted to president and CEO next week. Get out of the red six months from now.

New Jersey 28

New Jersey NJ Community Bank Capital 28

American Banker

DECEMBER 12, 2016

A New Jersey investor has received approval from the Federal Reserve to significantly boost its stake in MSB Financial in Millington, N.J.

New Jersey 28

New Jersey NJ Community Bank Community 28

American Banker

NOVEMBER 1, 2016

A small New Jersey bank that is a so-called rent-a-charter partner of more than a dozen marketplace lenders has raised millions of dollars from some household names in the venture capital world.

New Jersey 28

New Jersey Capital NJ Community Bank 28

American Banker

DECEMBER 1, 2016

The billionaire investor will soon step down from the New Jersey company's board as he prepares to become Commerce secretary. The appointment, however, shouldn't force any changes in his firm's holdings or its investment in the banking sector.

New Jersey 28

New Jersey Company NJ Community Bank 28

American Banker

NOVEMBER 30, 2016

Anthony Labozzetta, CEO of Sussex Bancorp in New Jersey, isn't afraid of change. His unusual approach to banking helped Sussex emerge from the financial crisis with momentum. Now he's building a branch model that could serve as a blueprint for growth-minded banks.

New Jersey 28

New Jersey Community NJ Community Bank 28