PYMNTS

JULY 15, 2019

Grubhub’s shares dipped on the news. In a June hearing, antitrust lawyer Gregory Frank said the company possesses a “substantial monopoly power in the highly concentrated New York City online ordering marketplace,” and that it has control of more than 69 percent of the market.

New York City 101

New York City New York Philadelphia Online 101

PYMNTS

FEBRUARY 21, 2020

New York Attorney General Letitia James announced plans on Feb. 20 to sue New York City for allegedly fraudulent practices by its Taxi and Limousine Commission. These days, Groupon is apologizing to investors for its massive earnings whiff, closing down its physical goods operations and getting back to basics.

Apple 150

Apple Samsung Fraud New York City 150

PYMNTS

AUGUST 8, 2018

New York City. News from the last several weeks, and recently from The New York Times , reports that city officials are inching toward a cap for Uber drivers — and not the ones worn atop heads. The argument that the taxi industry has been unfairly hobbled might not be great grounds for regulation.

New York 101

New York New York City Regulation Industry 101

PYMNTS

MARCH 6, 2020

Real-time payments are imperative for running successful operations in today’s global ecosystem. Digital payments sent internationally are expected to move past $1 trillion in 2025, but getting to that point will require support from payment providers, regulators and other such firms still building out the necessary infrastructure.

Payments 304

Payments New York Metro New York City 304

PYMNTS

MAY 15, 2020

On Wednesday (May 13), New York City became the latest city to enact protections for eateries. The City Council approved a 15 percent cap on food delivery fees paid by restaurants to Grubhub, PYMNTS reported. The potential merger between Uber and Grubhub has raised fears over delivery fees.

San Francisco 131

San Francisco New York City Seattle Washington 131

PYMNTS

NOVEMBER 16, 2018

While the previous purchase amount threshold varied by city, it’s now set at $300,000 for each metropolitan area, covering certain counties within the following major locations: Boston, Chicago, Dallas-Fort Worth, Honolulu, Las Vegas, Los Angeles, Miami, New York City, San Antonio, San Diego, San Francisco and Seattle.

Las Vegas 134

Las Vegas San Antonio Report San Diego 134

Insights on Business

APRIL 2, 2019

Customers increasingly demand new payment options like real-time payments and P2P payments, underpinned by security and trust. The costs of running payments operations, complying with a myriad of regulations and enforcing payments standards are increasing.

Payments 125

Payments New York City Fraud New York 125

PYMNTS

DECEMBER 27, 2019

Or maybe a relatively bland extended-stay operation right off the interstate. To learn more about the trend, PYMNTS recently caught up with Kulveer Taggar, co-founder and CEO of Zeus , a digital and mobile-focused operation that puts business travelers into furnished housing that Zeus rents from owners.

Los Angeles 139

Los Angeles San Francisco New York City Trends 139

Cisco

DECEMBER 13, 2022

There is pressure from shareholders, consumers, employees, and regulators for organizations to move towards a more sustainable future, and to set ambitious greenhouse gas (GHG) emissions reduction goals. Many FIs are developing sustainability strategies which rely significantly on technology for operational transformation.

Industry 144

Industry San Jose New York City Resources 144

PYMNTS

JANUARY 18, 2017

The National ATM Council (NAC) argued in testimony to the Committee on Consumer Affairs of the New York City Council last week that a proposed ordinance would impose costly and burdensome new security regulations on ATM operators all around the city. said Renard in the same press release.

ATM 100

ATM National New York City New York 100

PYMNTS

MAY 15, 2019

When rideshare companies like Uber first hit cities, they shook the traditional taxi industry. The value of taxi medallions , or permits to operate taxis, dropped drastically, and lenders that served the industry struggled to stay afloat. Customers with disabilities can now use Curb to hail yellow and green cab rides.

New York City 100

New York City New York Mobile Industry 100

PYMNTS

DECEMBER 15, 2017

Today in PYMNTS’ data, small- and medium-sized businesses (SMBs) have won the alternative financial venture capital (VC) funding rounds, millions of SMBs are in operation in the U.S. — 30 million | Higher end estimation of the number of SMBs in operation in the U.S. today, according to the United States Small Business Administration.

Data 109

Data New York City eBook US 109

PYMNTS

MARCH 17, 2020

Many municipalities are looking to help by proposing new uses for vacant retail sites, including a citywide initiative in Fairfax, Virginia called Activate Fairfax , where the Department of Economic Initiative is soliciting requests for interest in an abandoned Container Store location. and San Francisco.

Retail 135

Retail Arlington San Francisco Milwaukee 135

PYMNTS

DECEMBER 8, 2020

Washington state became the latest example late last month, as reported by Eater Seattle , and joins New Jersey and cities such as New York City, as PYMNTS reported. And fines loom for those who violate the cap in the Windy City – as much as several thousand dollars, according to Restaurant Dive.

Seattle 160

Seattle New York City Washington New Jersey 160

PYMNTS

JULY 24, 2019

Earnings should reflect strength in the company’s increasing profitability and web services growth, but an increase in spending will lower operating income, according to analysts. and a cashierless Amazon Go store to New York City.

Las Vegas 115

Las Vegas New York City Minnesota New York 115

Independent Banker

MARCH 31, 2022

Lucas White: We need to continue to differentiate community banks and educate policymakers on why tiered and proportionate regulation is necessary. We need to make sure people remember that and have it reflected in laws and regulations that affect our industry. Bank Operations and Payments chair Alice P.

Community Bank 239

Community Bank Community Industry Texas 239

CFPB Monitor

MAY 31, 2022

On May 19, 2022, the Associate Director of the Enforcement and Compliance Division of the Financial Crimes Enforcement Network (“FinCEN”), Alessio Evangelista, spoke at the Chainalysis Links Conference in New York City on the topic of “The Intersection of Cryptocurrencies and National Security.” Responsible Innovation “.

cryptocurrency 146

cryptocurrency Innovation DC National 146

PYMNTS

NOVEMBER 19, 2019

And as the holiday season approaches, that letter-writing is one example of how retailers and other organizations operating in retail in vital ways are getting into the spirt. Volunteers may also read letters in person at one branch in Chicago, and another in New York City.

New York City 101

New York City Retail United States Chicago 101

PYMNTS

MARCH 4, 2019

As had been reported late last month, in New York City, the city council held a hearing centered on a bill that would ban stores and restaurants from being able to refuse to accept cash. Enforcement of the ban, if it becomes law, would be put in place under the New York Department of Consumer Affairs.

Retail 129

Retail New York City New York New Jersey 129

PYMNTS

JUNE 11, 2018

According to a report Monday (June 11) in Digiday , the sales will come from Heineken USA’s new eCommerce site, draftforhome.com, and will initially be limited to consumers in New York City before rolling out to the rest of the United States.

Online 115

Online United States New York City Georgia 115

PYMNTS

MAY 23, 2020

Too low-margin, in many cases, as big-name restaurateurs have elected to put off their grand reopenings until a solution such as a vaccine allows them to operate more normally. “We Union Square Hospitality Group runs 19 restaurants in New York City – including the QSR Shake Shack chain, which can run remotely indefinitely. .

Tampa 249

Tampa Connecticut Guidelines New York City 249

Banking 2020

SEPTEMBER 7, 2015

There’s a strong case to be made why such regulations, however well-intentioned, represent government intrusiveness. There are plenty of mandates already in place to govern banking operations, and pushing companies to do good can have the opposite effect. The court even ruled that such mandates represent a violation of free speech.

New York City 40

New York City New York Community Industry 40

Independent Banker

OCTOBER 31, 2021

Regulators implement ICBA-supported three-year transition. A similar story comes from Jill Sung, president and CEO of $338 million-asset Abacus Federal Savings Bank in New York City. Our regulator, the OCC, has notified its banks that they will be looking for action plans going forward that address the 2023 deadline.”.

Community Bank 91

Community Bank Community Software New York City 91

NCR

NOVEMBER 22, 2017

In a recent whitepaper published by FinTech Network, Chris Mager of BNY Mellon said using blockchain for payments could improve speed, convenience and availability for customers, as well as delivering operational efficiencies and cost savings for banks.

blockchain 56

blockchain New York City Conference cryptocurrency 56

Jeff For Banks

MAY 2, 2012

Fully absorbed costs include allocations from support functions such as Deposit Operations and IT, and overhead functions such as Finance and Executive. That''s New York City big, folks. So branch expenses remain around $600 - $700 thousand per year in operating expenses. How can this be?

New York City 90

New York City Taxes New York Groups 90

Fintech Labs Insights

JULY 9, 2015

This is what sets the New York-based company apart from its numerous competitors– it is the only regulated bitcoin trading platform open to all U.S. Headquartered in New York City. The post Finovate Debuts: itBit’s Regulated Bitcoin Trading Platform appeared first on Finovate.

Bitcoin 12

Bitcoin Regulation New York FDIC 12

PYMNTS

APRIL 6, 2018

They have yet to crack the New York City market, where they have not been legal. The news was particularly good for JUMP, a NYC-based bikesharing startup that can’t offer its pedal assist bikes in its hometown due to local regulations. It also operated dockless pedal-assist bikes in Washington, D.C.

Apple 100

Apple San Francisco New York Sacramento 100

PYMNTS

FEBRUARY 13, 2019

-Mexico border (sophisticated tunnels, modified trains and rail spurs, even jalapeño cans designed to fool border inspectors), and whose main distribution points were Lost Angeles, Chicago and New York City. During the trial, prosecutors said Guzmán made some $14 billion in drug profits during a career that kicked off in 1990.

Cards 147

Cards Operations New York City Regional 147

FICO

JULY 1, 2022

A lot has changed since the last pre-pandemic FICO World conference, held in November 2019 in New York City. From the impacts of COVID-19 to the role of regulation and new technology, the discussion touched on themes that all fraud fighters care about. Tue, 07/02/2019 - 02:45. by TJ Horan. expand_less Back To Top.

Fraud 52

Fraud Trends South Carolina Risk Management 52

PYMNTS

NOVEMBER 20, 2019

To that end, in New York, the ride-hailing firm known as Juno (operated by Israeli firm Gett ), filed for bankruptcy protection this week and said lawsuits — and new minimum wage mandates — led to the decision. The misguided regulations were not specifically noted in the announcement, which came from Gett.

New York 109

New York New York City Delaware California 109

NCR

SEPTEMBER 16, 2016

On a balance sheet, there’s no question that a branch in rural Saskatchewan is going to look like it’s underperforming compared to high-margin, high-traffic branches in New York City or Montreal. As our company has begun doing more and more business globally, we’ve come to believe that the answer is a definitive “NO.”.

Community 40

Community New York City Management US 40

Gonzobanker

MAY 8, 2015

The annual LendIt conference was held last month at Times Square in New York City and GonzoLender descended boldly on the scene to evaluate the mysterious underbelly of digital lending. Regulations: There is much debate whether regulations will ramp up in this industry given the fear of potential predatory lending.

Conference 60

Conference Lending Community Bank Community 60

Fintech Labs Insights

JUNE 9, 2016

All three have previous experience in financial services and have collectively called New York City home for over 20 years. He began his career as a financial engineer at AQR Capital, before which, he founded and operated an education technology firm, Knolsoft. broker-dealer and securities regulation.

Company 12

Company Management San Jose New York 12

CB Insights

SEPTEMBER 5, 2018

Dockless systems, which allow users to park their bike or scooter anywhere along the sidewalk rather than in a fixed docking station, are more convenient and less costly to scale given lower capital costs, as operators don’t have to build out fixed stations. San Francisco was one of the first cities to tackle scooter regulation.

San Francisco 78

San Francisco New York City US Mobile 78

PYMNTS

FEBRUARY 16, 2019

After heavy speculation that not all was proceeding smoothly in the deal to put one-half of Amazon’s second headquarters in Long Island City, New York, Amazon announced via a blog post that the deal is indeed off. The Crystal City, Virginia HQ2 plans are still underway, as are plans for a new operations hub in Nashville.

Apple 143

Apple Payments New York Mobile 143

PYMNTS

OCTOBER 24, 2016

By leveraging the mobile phone and existing platforms, such as the Apple and Android mobile operating systems and the payments rails, the cloud, a variety of technologies like GPS and apps like Maps in 2009, Uber’s platform is totally transforming the transportation sector. The story of Uber is, by now, well-trodden turf.

Apple 100

Apple Course New York New York City 100

CB Insights

MARCH 6, 2019

After soaring to a multi-billion-dollar valuation behind an iconic founder, a team of prominent backers, and a promise to revolutionize blood testing, Theranos officially ceased operations in 2018. That July, it banned Holmes from owning or operating a lab for two years. The rise and fall of Theranos. Takeaways & lessons.

Report 78

Report San Francisco Capital New York 78