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New York Raises Check Cashing Fees

Perficient

of New York State’s Superintendent’s Regulations which provides for an annual fee adjustment, based upon the increase in the consumer price index (CPI) of the New York – Northern New Jersey – Long Island, NY – NJ-CT-PA area for all urban consumers. Interestingly, New Jersey has a different percentage.

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New Jersey Attorney General sues merchant cash advance providers

CFPB Monitor

The New Jersey Attorney General recently filed a lawsuit in New Jersey state court against Yellowstone Capital LLC, its parent Fundry.US

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NJ Launches First Mobile App For Lottery Tickets

PYMNTS

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.

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Bitcoin Daily: Avanti Preparing To Apply For Banking Charter; NJ Lawmaker Introduces Regulatory Rules On Crypto

PYMNTS

Because trust companies can’t custody securities in the U.S., 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.

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Bitcoin Daily: NJ Assembles Blockchain Initiative Task Force; IBM Eyes Blockchain Browser

PYMNTS

New Jersey ’s governor has signed a bill to implement a Blockchain Initiative Task Force. We firmly believe that bitcoin holders and businesses involved in bitcoin should take part in mining themselves, to help maintain the decentralized security of the bitcoin network,” the company said in a blog post.

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New Jersey enacts licensing and other requirements for student loan servicers

CFPB Monitor

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.

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More Security In Wake Of Mall Brawls

PYMNTS

A string of major disturbances at malls nationwide on the day after Christmas has led police to increase patrols and malls to ramp up security guard presence — in case consumers needed another reason to avoid physical stores. Hundreds are reported to have been involved in 12 states nationwide, leading to a number of arrests.

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