PYMNTS

JUNE 25, 2020

It will be easier for New York cryptocurrency businesses to launch in New York, thanks to a plan by regulators that would ease licensing rules. Once licensed by DFS, the program can support virtual currency firms. DFS is requesting public comment on this proposed framework by August 10th.

New York 240

New York cryptocurrency Regulation Innovation 240

CFPB Monitor

JANUARY 25, 2024

After promising earlier this year to “establish nation-leading regulations for the Buy Now Pay Later loan industry,” New York Governor Kathy Hochul took a significant first step in that direction by including Buy Now Pay Later (“BNPL”) legislation in her Proposed 2024-2025 Transportation, Economic Development and Environmental Conservation (“TED”) (..)

New York 139

New York National Regulation Industry 139

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. Phil Murphy and Connecticut Gov.

New York 227

New York New Jersey Connecticut South Carolina 227

CFPB Monitor

JANUARY 16, 2024

In remarks to the press and public on January 2, 2024, New York Governor Kathy Hochul announced “a sweeping consumer protection and affordability agenda”, including proposed actions to “strengthen consumer protections against unfair business practices” and “establish nation-leading regulations for the Buy Now Pay Later loan industry”.

New York 156

New York National Regulation Examples 156

PYMNTS

AUGUST 27, 2020

Some major New York City retail properties — including the shopping center at Hudson Yards — are only producing 50 percent of pre-pandemic rent, the CEO of major Big Apple landlord Related Cos. They need to come back to New York [for] two reasons … one is to go to school, and to go the other is to work.". Related Cos.

New York City 240

New York City New York Apple Retail 240

CFPB Monitor

JUNE 5, 2023

Two companion bills titled the “Consumer and Small Business Protection Act” have been introduced in the New York legislature would make sweeping changes to the provisions of the state’s general business law (Section 349) dealing with deceptive practices. Continue Reading

New York 142

New York 142

CFPB Monitor

AUGUST 9, 2023

In January 2023, the CFPB filed a lawsuit in a New York federal district court jointly with the New York Attorney General (NYAG) against an auto finance company alleging violations of the Consumer Financial Protection Act (CFPA) and New York law.

New York 78

New York Company 78

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.

New York 200

New York Cards Florida Texas 200

Bank Innovation

DECEMBER 3, 2019

When 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. Now, though, Stripe is leaving the tech mecca of San Francisco, awash in tech talent and investor cash, and is in the process of moving its main office about 10 […].

New York 367

New York San Francisco California Fintech 367

PYMNTS

JANUARY 23, 2020

The New York City Council on Thursday (Jan. Applebaum added that communities of color in New York City are more than twice as likely to lack access to a bank and are less likely to host a branch of a bank than the national average. 23) passed a ban on cashless food and retail stores.

New York City 236

New York City New York Retail social media 236

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.

New York 275

New York Report Fraud Online 275

PYMNTS

JUNE 25, 2020

In today’s top news, Wirecard files for insolvency, and New York proposes easing regulations for cryptocurrency licenses. New York To Ease Cryptocurrency Regulations. Plus, California seeks a court order to make Uber and Lyft classify drivers as employees. Wirecard Files For Insolvency, Seeks Court Protection.

New York 248

New York cryptocurrency Regulation Samsung 248

PYMNTS

JANUARY 6, 2021

The new Fiscal Outlook from the New York City Independent Budget Office finds that the COVID-19 pandemic has likely made it so the city's economy won't fully recover for years. The report released Wednesday (Jan.

New York 248

New York New York City Resources Course 248

CFPB Monitor

JUNE 29, 2023

New York Senator James Sanders Jr. recently proposed Senate Bill 1450A (“S1450”), which would require those making or soliciting “commercial financing products” in New York State to obtain a license and comply with specified requirements.

New York 78

New York Capital 78

PYMNTS

JUNE 4, 2020

Dining out in New York City could soon be a reality again. More than two months after New York City was locked down to prevent the spread of COVID-19, Mayor Bill de Blasio said his goal is to reopen eateries in July, Bloomberg reported.

New York City 130

New York City New York Report Retail 130

Payments Dive

APRIL 22, 2022

“MoneyGram spent years failing its customers and failing to follow the law,” Consumer Financial Protection Bureau Director Rohit Chopra alleged. MoneyGram called the latest in a series of regulatory actions against the company a "frivolous" lawsuit.

New York 243

New York Company 243

PYMNTS

AUGUST 17, 2020

Cuomo also chided “quote ‘experts’” who advised against reopening New York establishments due to the risk of a COVID-19 surge. “We Some fitness centers have responded to the crisis by expanding their operations into new areas of business, especially online workout guidance.

New York 163

New York Guidelines Operations Meeting 163

PYMNTS

JUNE 3, 2020

The parent company of New York & Co. , New York & Co. In a recent PYMNTS interview on “Powering the Digital Shift 2020, Nick Kaplan, president and co-founder of Fashion To Figure, a New York-based plus-size women’s retailer, quoted his brother who said “adapt or die.”. “A RTW Retailwinds Inc.

New York 151

New York Retail Groups Survey 151

PYMNTS

JANUARY 28, 2021

New York Gov. The holiday surge from Christmas and New Years appears to be done with, peaking on Jan. 4 when the positivity rate in New York hit 8 percent across the state. Andrew Cuomo has lifted COVID-19 restrictions, although the emergence of more contagious strains could put a stop to that, CNBC writes.

New York 165

New York New York City Michigan Washington 165

Payments Source

SEPTEMBER 11, 2020

began reopening offices in New York and London this week even as it told employees that they can continue working from home through June 2021 if they wish. American Express Co.

New York 160

New York 160

PYMNTS

AUGUST 31, 2020

Seven weeks after the corporate parent of New York & Co. RTW Retailwinds , a New York-based specialty apparel retailer, announced the Saadia Group agreed to purchase its eCommerce business at a bankruptcy auction Friday (Aug. filed for bankruptcy, the company is set to be sold, according to a press release.

New York 141

New York Los Angeles New Jersey Groups 141

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. There are 4.5

New York 186

New York Company Online Mobile 186

American Banker

MARCH 5, 2024

New York Community's recent disclosures that it had financial reporting weaknesses in 2023 raises new questions over the auditors' role. The auditing giant KPMG audited the three regional banks that failed last year.

New York 87

New York Community Regional Report 87

CFPB Monitor

FEBRUARY 28, 2024

On December 21, 2023, the New York Department of Financial Services (“DFS”) published guidance (the Guidance) to assist regulated institutions in assessing and managing their climate-related financial and operational risks.

New York 78

New York Regulation Operations Management 78

ABA Community Banking

MAY 8, 2024

The dollar amount of loans originated by community development financial institutions has more than doubled in recent years, rising from $29 billion in 2018 to $67 billion in 2022, the Federal Reserve Bank of New York said in a new report.

New York 52

New York Community Report Community Bank 52

PYMNTS

MARCH 12, 2020

As New Jersey and New York limit the number of people at events because of COVID-19 fears, the governor of New York said meetings of over 500 individuals would not be allowed following Friday evening with some exclusions. This is an evolving situation.

New York 130

New York New Jersey New York City Austin 130

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. The posting said the organization was looking for someone to “design a blockchain-based proof of concept for news publishers.”.

New York 139

New York blockchain cryptocurrency Compliance 139

CFPB Monitor

DECEMBER 20, 2023

On December 13, 2023, New York Governor Hochul signed two laws, which aim to protect consumers from (1) unwanted subscriptions by requiring notice to consumers for upcoming automatic renewals with clear instructions for canceling, and (2) confusion over prices by requiring merchants to post the highest price a consumer may pay for a product regardless (..)

New York 78

New York Cards Payments Regulation 78

PYMNTS

NOVEMBER 3, 2020

Fast forward 90 years and New York City is suddenly seeing a big jump in the number of street vendors as the jobless try to find new ways to make ends meet, The Wall Street Journal (WSJ) reported.

New York City 151

New York City New York Apple Meeting 151

Bank Innovation

JULY 12, 2018

In New York State, perhaps anticipating a […]. 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 225

New York Regulation Online Lending 225

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.

New York City 122

New York City New York Nashville Virginia 122

PYMNTS

FEBRUARY 19, 2020

are closing branches, but the New York area is seeing more closures than most, Bloomberg reported on Wednesday (Feb. Banks across the U.S.

New York 167

New York North Carolina US New York City 167

TheGuardian

JUNE 23, 2021

The banking company told staff and clients that they have less than three weeks to receive both coronavirus jabs before visiting its buildings in New York City and Westchester from 12 July – or keep working from home.

New York 126

New York New York City Company US 126

American Banker

FEBRUARY 14, 2024

Like the three regional banks that failed last spring, New York Community grew quickly over a short period of time. One analyst said there's now "permanent damage" to the "investor psyche around growth banks."

New York 81

New York Community Regional Risk Management 81

PYMNTS

MARCH 27, 2020

As government measures to decelerate the spread of the coronavirus have come into place, many upscale retailers in New York such as Chanel, Celine and Fendi have blocked access to their shops with plywood.

New York 151

New York Retail Los Angeles social media 151

PYMNTS

JULY 16, 2020

New York Gov. New York put indoor dining on hold on July 6 due to the spiking of the virus in the past few weeks. Andrew Cuomo is threatening to close down restaurants that are not following social distancing rules to stem the coronavirus, CNBC reports. It’s dangerous. It’s selfish. It’s unacceptable.”

New York 141

New York Boston Conference Policies 141