INDUSTRY INSIGHTS YOUR PEERS ARE READING
Ridesharing company Gett, which operates under the name Juno in New York City, is shuttering its operations there and entering into a partnership with Lyft to take on its accounts, according to a report by TechCrunch. Ridesharing Gett ipo Juno Lyft new york city News What's Hot MORE
New York City commuters – arguably the most on-the-go demographic in the United States – do not want to wait for anything. ” It’s an inefficiency that the New York Metropolitan Transportation Authority (MTA) has not only acknowledged, but committed to doing something about. Last week, they officially tasked long-term Mastercard partner Cubic Transportation Systems to implement a new fare payment system across the city’s entire subway (and bus) system. MORE
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. MORE
The New York Times newspaper posted a job called “Lead, Blockchain Exploration” on Wednesday (March 13), and later took it down, according to reports. Blockchain job posting New York Times News What's Hot MORE
Bloomberg Carousel Innovation Strategy Open Banking Payments New York Plaid San Francisco Stripe UberWhen two Irish brothers started Stripe Inc. together in 2010, there was little question about where they should put their headquarters. It had to be California. MORE
The top items ordered by New Yorkers are San Pellegrino, Smart Water, Gatorade, Pedialyte and Tylenol. Retail delivery Healthcare New York News on-demand Pharmacy Postmates Walgreens What's Hot MORE
Those yard-long paper receipts that spew from cash registers may be following plastic bags and foie gras into the dustbin of New York City history. Point-of-sale Retailers Compliance New York MORE
If, as appears likely, the Governor approves the legislation, one of the biggest impacts of the recently concluded legislative session on New York employers will be big changes to New York’s anti-harassment laws which will make it easier for employees bringing harassment claims to successfully sue their employers. HR Legal Watch New York State Sexual Harassment legsilation Title VII Zembrowski MORE
After facing resistance from politicians and protestors, Amazon is reportedly rethinking its planned New York City campus. While Virginia officials provided the company with an incentive package, the state of New York is not projected to provide final approval for another year. MORE
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 MORE
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. MORE
As it expands in New York City, Nordstrom opened the doors to its first-ever flagship store for women and children on West 57th Street across from the new Nordstrom Men’s Store that debuted last April. Retail beauty brick and mortar new york city News Nordstrom What's Hot MORE
Bank P2P service Zelle is having some issues with fraud, with some customers reporting that hackers, exploiting weaknesses in the platform, had cleaned out their bank accounts: even if those customers had never used, or head of Zelle, according to a New York Times report this weekend. MORE
As New York City ’s vacancy rate has skyrocketed by nearly 50 percent, a report released by City Comptroller Scott Stringer showed that the amount of empty retail space in the city has doubled in the last 10 years or so. MORE
IBM is excited to be hosting the 2019 Sales Performance Management Summit, being held in New York City for sales executives and compensation leaders. Featured Carousel Featured Homepage Sales Performance Management events ICM Incentive Compensation Management New York NYC MORE
As the company modernizes and reimagines the customer experience in stores located in high-traffic metropolitan areas, Starbucks plans to open a Starbucks Pickup store in New York City on Tuesday (Nov. MORE
Legal Watch New York State Mulvaney New York State Senate UNFCUThis headline might be a tad premature but it appears that the State Senate Democratic Caucus headed by Andrea Stewart-Cousins and the 8 member Independent Democratic Caucus by Senator Jeff Klein have reached a preliminary agreement to unify, potentially paving the way for cutting Republicans out of holding any power in the state legislature. How […]. MORE
73 To highlight its ability to grow into new markets and categories, New York & Co. Along with the name change, New York & Co. Retail Fashion To Figure Greg Scott New York and Company News retail brands RTW Retailwinds What's Hotis changing its name to RTW Retailwinds. The move comes as the retailer seeks to top the $1 billion mark in sales, Chain Store Age reported. “We MORE
Recently the New York Law Journal described the New York State Department of Financial Services as “arguably among the most powerful financial regulatory government bodies in the country-if not the world…” After yesterday, it’s not even arguable. Legal Watch Mortgage Lending New York State Regulatory CFPB Inc. New York State Dep't of Fin. Servs New York State Land Title Ass'n title insurance MORE
Uber , the ride-hailing startup, filed a lawsuit against the city of New York last week seeking to overturn a rule that puts a cap on the number of drivers that work for ride-hailing companies that can operate in the city. MORE
The New York State Department of Financial Services submitted a formal comment letter to the OCC today, saying that the latter, frankly, isn’t going to do the job of regulating fintechs — and isn’t Read More. MORE
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 MORE
In New York State, perhaps anticipating a […]. Compliance Exclusive Lending Online Premium Alternative Lending Continuity New York StateOnline lenders may own more than half of the personal lending market, but they face serious headwinds. For one thing, rising interest rates will increase their cost of funds, and perhaps make their offerings less attractive, and for another, regulations may arrive that make operating their businesses more expensive. MORE
Internet Retailer reported that New York & Co. This new kiosk will provide a virtual endless aisle, offering customers access to all sizes, colors and assortments,” he told analysts during the company’s third quarter 2016 earnings call, according to a transcript from Seeking Alpha. Worthington told analysts that New York & Co. Retail ecommerce Mobile shopping New York & Co MORE
Fintech Disruptors New YorkIn some ways, the moves are natural for tech startups with financial ambitions. Despite the growing success of fintech upstarts hailing from San Francisco, Wall Street institutions remain on top of the financial world. MORE
The August Subscription Commerce Tracker looks at how companies are stepping up their efforts to win over subscribers by offering new tiers of subscription plans. In the automotive space, carmakers are turning to new subscription tiers to win the attention and business of drivers. MORE
The New York State Attorney General (AG) is reportedly launching an investigation into social media giant Facebook , focusing on the its past practice of collecting more than 1.5 million or more new users, reported the NY Times. MORE
Global money transfer service WorldRemit is launching in New York, providing state users the ability to transfer funds to nearly 150 countries, the company announced yesterday. MORE
Online lending may be dominated by startup companies based outside of New York, but the New York State Department of Financial Services (NYDFS) wants New York banks to get into the business as well. “Your competitors are, and will, be embracing FinTech in all of its various forms,” said Maria Vullo, NYDFS superintendent, referring to new types of financial services technology, according to a report by Reuters. MORE
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. Our goal is to give more shoppers more meals in more places to help them eat better, save time and explore new flavors.”. MORE
First, in the better-late-than-never category, New York State released the final version of its much anticipated guidance and model policies to implement comprehensive sexual harassment training requirements imposed by the State Legislature last session. HR New York State guidance model policy New York State sexual harassment policyWell, a guy doesn’t blog for a day and all hell breaks loose. MORE
Amazon has announced plans to open an Amazon Go location in New York. 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. Earlier this year, the eCommerce giant launched its first checkout-free convenience store market in Seattle. MORE
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. Delivery CBD delivery New York News Recess Uber Eats What's Hot MORE
While some see it as a fad or a gimmick, Barneys New York has become the latest to take the tech very, very seriously and turn it into a force for good. The virtual reality short film reportedly marries fashion, tech and contemporary dance, premiering exclusive designer looks to Barneys New York customers straight from the runway via the Oculus Gear VR, Samsung’s VR app and Barneys’ website. MORE
Unions in New York are petitioning the state to change its laws to include employment protections for gig economy workers, similar to a bill recently passed in California, The Wall Street Journal reported on Monday (Sept. MORE
I’m taking some time off from filling out my application to be the fourth National Security Adviser – fourth time is a charm – to provide you an update on an issue that has been percolating in and around New York Credit Union Land for about a month now. Compliance Legal Watch New York State Regulatory New York State DFS proposed regulation Student Loan ServicesGreetings, folks. MORE
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. MORE
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 MORE
The New York State Department of Financial Services (DFS) is looking to fine Habib Bank Ltd (HBL) nearly $630 million for failing to comply with state and federal laws at its only U.S. The New York State Department of Financial Services could not immediately be reached for comment. Habib Bank has submitted an application to DFS to shut its New York operations. That bank still has a New York branch. MORE
New York has banned the ban. In the wake of court filings this week that effectively ended a challenge to surcharges on credit card transactions in New York, merchants in the Empire State can indeed embrace those fees, contingent upon stating those costs to consumers up front. The merchant plaintiffs and the state of New York filed motions on Jan. MORE
Just days after New York Attorney General (AG) Barbara Underwood announced an investigation into possible misconduct among merchant cash-advance (MCA) firms against small business (SMB) borrowers, The Washington Post reported that state legislators are vowing to push for change in the industry. MORE
but it’s adding significant innovation staff to its New York office. Innovations Mobile Operations Retail Technology Capital One data scientist digital digital management hiring HR New York quantitative data staffingCapital One Financial Corp. MORE
Facebook is the subject of a criminal investigation by federal prosecutors over the data deals it inked with some of the biggest technology companies, reported The New York Times. attorney’s office for the Eastern District of New York. MORE
New York Related Topics Bank Innovation
DECEMBER 3, 2019
Bloomberg Carousel Innovation Strategy Open Banking Payments New York Plaid San Francisco Stripe UberWhen two Irish brothers started Stripe Inc. together in 2010, there was little question about where they should put their headquarters. It had to be California.
PYMNTS
SEPTEMBER 27, 2019
As New York City ’s vacancy rate has skyrocketed by nearly 50 percent, a report released by City Comptroller Scott Stringer showed that the amount of empty retail space in the city has doubled in the last 10 years or so.
PYMNTS
MARCH 13, 2019
The New York Times newspaper posted a job called “Lead, Blockchain Exploration” on Wednesday (March 13), and later took it down, according to reports. Blockchain job posting New York Times News What's Hot
PYMNTS
NOVEMBER 18, 2019
Ridesharing company Gett, which operates under the name Juno in New York City, is shuttering its operations there and entering into a partnership with Lyft to take on its accounts, according to a report by TechCrunch. Ridesharing Gett ipo Juno Lyft new york city News What's Hot
PYMNTS
FEBRUARY 8, 2019
After facing resistance from politicians and protestors, Amazon is reportedly rethinking its planned New York City campus. While Virginia officials provided the company with an incentive package, the state of New York is not projected to provide final approval for another year.
PYMNTS
APRIL 2, 2019
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.
PYMNTS
AUGUST 6, 2019
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
PYMNTS
JANUARY 9, 2019
New York has banned the ban. In the wake of court filings this week that effectively ended a challenge to surcharges on credit card transactions in New York, merchants in the Empire State can indeed embrace those fees, contingent upon stating those costs to consumers up front. The merchant plaintiffs and the state of New York filed motions on Jan.
PYMNTS
OCTOBER 24, 2019
As it expands in New York City, Nordstrom opened the doors to its first-ever flagship store for women and children on West 57th Street across from the new Nordstrom Men’s Store that debuted last April. Retail beauty brick and mortar new york city News Nordstrom What's Hot
PYMNTS
APRIL 22, 2019
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. Delivery CBD delivery New York News Recess Uber Eats What's Hot
PYMNTS
SEPTEMBER 16, 2019
Unions in New York are petitioning the state to change its laws to include employment protections for gig economy workers, similar to a bill recently passed in California, The Wall Street Journal reported on Monday (Sept.
PYMNTS
DECEMBER 14, 2018
Just days after New York Attorney General (AG) Barbara Underwood announced an investigation into possible misconduct among merchant cash-advance (MCA) firms against small business (SMB) borrowers, The Washington Post reported that state legislators are vowing to push for change in the industry.
PYMNTS
SEPTEMBER 6, 2019
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.
PYMNTS
AUGUST 28, 2017
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.
PYMNTS
APRIL 26, 2019
The New York State Attorney General (AG) is reportedly launching an investigation into social media giant Facebook , focusing on the its past practice of collecting more than 1.5 million or more new users, reported the NY Times.
Payments Source
DECEMBER 3, 2019
Fintech Disruptors New YorkIn some ways, the moves are natural for tech startups with financial ambitions. Despite the growing success of fintech upstarts hailing from San Francisco, Wall Street institutions remain on top of the financial world.
Insights on Business
MARCH 27, 2019
IBM is excited to be hosting the 2019 Sales Performance Management Summit, being held in New York City for sales executives and compensation leaders. Featured Carousel Featured Homepage Sales Performance Management events ICM Incentive Compensation Management New York NYC
PYMNTS
MARCH 14, 2019
Facebook is the subject of a criminal investigation by federal prosecutors over the data deals it inked with some of the biggest technology companies, reported The New York Times. attorney’s office for the Eastern District of New York.
PYMNTS
SEPTEMBER 7, 2018
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
Bank Innovation
APRIL 23, 2018
Bank P2P service Zelle is having some issues with fraud, with some customers reporting that hackers, exploiting weaknesses in the platform, had cleaned out their bank accounts: even if those customers had never used, or head of Zelle, according to a New York Times report this weekend.
PYMNTS
AUGUST 29, 2017
The New York State Department of Financial Services (DFS) is looking to fine Habib Bank Ltd (HBL) nearly $630 million for failing to comply with state and federal laws at its only U.S. The New York State Department of Financial Services could not immediately be reached for comment. Habib Bank has submitted an application to DFS to shut its New York operations. That bank still has a New York branch.
Bank Innovation
JULY 12, 2018
In New York State, perhaps anticipating a […]. Compliance Exclusive Lending Online Premium Alternative Lending Continuity New York StateOnline lenders may own more than half of the personal lending market, but they face serious headwinds. For one thing, rising interest rates will increase their cost of funds, and perhaps make their offerings less attractive, and for another, regulations may arrive that make operating their businesses more expensive.
New York's State of Mind
JANUARY 17, 2019
Recently the New York Law Journal described the New York State Department of Financial Services as “arguably among the most powerful financial regulatory government bodies in the country-if not the world…” After yesterday, it’s not even arguable. Legal Watch Mortgage Lending New York State Regulatory CFPB Inc. New York State Dep't of Fin. Servs New York State Land Title Ass'n title insurance
PYMNTS
SEPTEMBER 12, 2018
To highlight its ability to grow into new markets and categories, New York & Co. Along with the name change, New York & Co. Retail Fashion To Figure Greg Scott New York and Company News retail brands RTW Retailwinds What's Hotis changing its name to RTW Retailwinds. The move comes as the retailer seeks to top the $1 billion mark in sales, Chain Store Age reported. “We
PYMNTS
FEBRUARY 17, 2019
Uber , the ride-hailing startup, filed a lawsuit against the city of New York last week seeking to overturn a rule that puts a cap on the number of drivers that work for ride-hailing companies that can operate in the city.
Bank Innovation
APRIL 5, 2016
but it’s adding significant innovation staff to its New York office. Innovations Mobile Operations Retail Technology Capital One data scientist digital digital management hiring HR New York quantitative data staffingCapital One Financial Corp.
PYMNTS
NOVEMBER 1, 2019
As the company modernizes and reimagines the customer experience in stores located in high-traffic metropolitan areas, Starbucks plans to open a Starbucks Pickup store in New York City on Tuesday (Nov.
Bank Innovation
JANUARY 17, 2017
The New York State Department of Financial Services submitted a formal comment letter to the OCC today, saying that the latter, frankly, isn’t going to do the job of regulating fintechs — and isn’t Read More.
Bank Innovation
MARCH 2, 2018
Global money transfer service WorldRemit is launching in New York, providing state users the ability to transfer funds to nearly 150 countries, the company announced yesterday.
PYMNTS
MARCH 9, 2018
While some see it as a fad or a gimmick, Barneys New York has become the latest to take the tech very, very seriously and turn it into a force for good. The virtual reality short film reportedly marries fashion, tech and contemporary dance, premiering exclusive designer looks to Barneys New York customers straight from the runway via the Oculus Gear VR, Samsung’s VR app and Barneys’ website.
PYMNTS
OCTOBER 20, 2016
Online lending may be dominated by startup companies based outside of New York, but the New York State Department of Financial Services (NYDFS) wants New York banks to get into the business as well. “Your competitors are, and will, be embracing FinTech in all of its various forms,” said Maria Vullo, NYDFS superintendent, referring to new types of financial services technology, according to a report by Reuters.
New York's State of Mind
OCTOBER 3, 2018
First, in the better-late-than-never category, New York State released the final version of its much anticipated guidance and model policies to implement comprehensive sexual harassment training requirements imposed by the State Legislature last session. HR New York State guidance model policy New York State sexual harassment policyWell, a guy doesn’t blog for a day and all hell breaks loose.
PYMNTS
DECEMBER 5, 2016
Internet Retailer reported that New York & Co. This new kiosk will provide a virtual endless aisle, offering customers access to all sizes, colors and assortments,” he told analysts during the company’s third quarter 2016 earnings call, according to a transcript from Seeking Alpha. Worthington told analysts that New York & Co. Retail ecommerce Mobile shopping New York & Co
PYMNTS
NOVEMBER 2, 2017
New York City commuters – arguably the most on-the-go demographic in the United States – do not want to wait for anything. ” It’s an inefficiency that the New York Metropolitan Transportation Authority (MTA) has not only acknowledged, but committed to doing something about. Last week, they officially tasked long-term Mastercard partner Cubic Transportation Systems to implement a new fare payment system across the city’s entire subway (and bus) system.
Payments Source
DECEMBER 5, 2019
Those yard-long paper receipts that spew from cash registers may be following plastic bags and foie gras into the dustbin of New York City history. Point-of-sale Retailers Compliance New York
PYMNTS
JUNE 14, 2018
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. Our goal is to give more shoppers more meals in more places to help them eat better, save time and explore new flavors.”.
New York's State of Mind
JUNE 26, 2019
If, as appears likely, the Governor approves the legislation, one of the biggest impacts of the recently concluded legislative session on New York employers will be big changes to New York’s anti-harassment laws which will make it easier for employees bringing harassment claims to successfully sue their employers. HR Legal Watch New York State Sexual Harassment legsilation Title VII Zembrowski
New York's State of Mind
NOVEMBER 29, 2017
Legal Watch New York State Mulvaney New York State Senate UNFCUThis headline might be a tad premature but it appears that the State Senate Democratic Caucus headed by Andrea Stewart-Cousins and the 8 member Independent Democratic Caucus by Senator Jeff Klein have reached a preliminary agreement to unify, potentially paving the way for cutting Republicans out of holding any power in the state legislature. How […].
New York's State of Mind
SEPTEMBER 11, 2019
I’m taking some time off from filling out my application to be the fourth National Security Adviser – fourth time is a charm – to provide you an update on an issue that has been percolating in and around New York Credit Union Land for about a month now. Compliance Legal Watch New York State Regulatory New York State DFS proposed regulation Student Loan ServicesGreetings, folks.
PYMNTS
SEPTEMBER 10, 2018
Amazon has announced plans to open an Amazon Go location in New York. 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. Earlier this year, the eCommerce giant launched its first checkout-free convenience store market in Seattle.
PYMNTS
AUGUST 21, 2018
The August Subscription Commerce Tracker looks at how companies are stepping up their efforts to win over subscribers by offering new tiers of subscription plans. In the automotive space, carmakers are turning to new subscription tiers to win the attention and business of drivers.
PYMNTS
APRIL 18, 2018
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
PYMNTS
MARCH 17, 2017
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.
Let's personalize your content