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.

New York 101

New York cryptocurrency Policies Operations 101

PYMNTS

MAY 1, 2018

Regulators in the U.S. are considering the regulation of digital tokens outside bitcoin. The Wall Street Journal reported that the inquiry is focused on the cryptocurrency Ethereum, which hasn’t been in the crosshairs of regulators as of yet.

Regulation 104

Regulation Bitcoin cryptocurrency Massachusetts 104

Perficient

AUGUST 16, 2023

Mr. Shan Hanes, who served as the bank’s President and CEO until its closure, joined the firm in 1993 as an agricultural loan officer and Informational Technology Officer. In 2011, Hanes put together a local investment group that purchased the bank from its former holding company, and he became President and CEO of the new bank.

United States 221

United States Kansas FDIC Risk Management 221

PYMNTS

JULY 24, 2019

New York’s Department of Financial Services (DFS) has launched a new Research and Innovation Division that will be responsible for licensing and supervising virtual currencies. Security researchers Noam Rotem and Ran Locar discovered the database and reported their findings to TechCrunch.

Regulation 108

Regulation Bitcoin New York Online 108

PYMNTS

MARCH 6, 2020

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. The aim of creating this system was both to provide more speed and security to the country’s merchants.

Payments 304

Payments New York Metro New York City 304

FICO

NOVEMBER 1, 2016

Look no further than the US presidential debates , where our two candidates have highlighted the need to address hackers, security breaches and even foreign nations that may be using sophisticated cyber tactics to influence the outcome of the upcoming November elections.

New York 40

New York Regulation Policies National 40

PYMNTS

JANUARY 4, 2019

A New York State politician announced the creation of what he called the nation’s first cryptocurrency task force, to “study how to properly regulate, define and use” the currency, according to a Facebook post and reports. Cryptocurrency, however, is more than just an asset that stores value.

cryptocurrency 163

cryptocurrency New York New York City Study 163

PYMNTS

NOVEMBER 14, 2019

Telegram has submitted a new legal filing requesting that the New York Southern District Court dismiss accusations by the U.S. Securities and Exchange Commission (SEC) that its cryptocurrency is a security. In October, the company’s hearing with the SEC was postponed until February 2020.

Security 100

Security Marketing New York Bitcoin 100

PYMNTS

JANUARY 29, 2020

The National Institute for Smart Governance (NISG) in India has published a report recommending that laws around blockchain should be based on what the technology does, and not the technology itself, according to a report Tuesday (Jan. said that national policy might not be enough in terms of crypto regulation. . “We

Bitcoin 132

Bitcoin Regulation blockchain Delaware 132

PYMNTS

NOVEMBER 7, 2019

Hong Kong’s chief securities regulator is calling on the world regulators to get on the same page when it comes to Facebook’s Libra to avoid the “real risk of regulatory arbitrage.”. “If And technology investment pioneer Glenn Hutchins is betting on blockchain.

blockchain 102

blockchain Bitcoin Regulation New York 102

PYMNTS

JANUARY 25, 2019

In other news, Robinhood got the green light to trade seven digital currencies — such as bitcoin and litecoin, among others — in New York state, Reuters reported. Through the efforts, members are planning to tap into the technology for payment and claims processing, as well as other tasks. ”

blockchain 123

blockchain Bitcoin Security Survey 123

American Banker

MAY 25, 2023

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New York 69

New York Regulation Cyber Security Security 69

PYMNTS

JUNE 10, 2020

The EU’s investigative unit will form a task force to examine TikTok’s activities across the 27-nation bloc following a request from a lawmaker concerned about its data collection and its security and privacy risks. EU authorities can fine companies for violations under the General Data Protection Regulation (GDPR).

Policies 253

Policies Data social media Video 253

PYMNTS

AUGUST 18, 2019

The New York State Department of Financial Services (DFS) announced that it has granted a charter under New York Banking Law to Bakkt Trust to operate as a limited liability trust company. This approval demonstrates New York’s competitiveness as a hub of innovation and leadership in emerging technologies.”.

Bitcoin 165

Bitcoin New York United States Leadership 165

PYMNTS

SEPTEMBER 29, 2017

The EU’s PI licensing requirements are especially stringent, with strict requirements on PI infrastructure, shareholder qualifications, Know Your Customer (KYC) and AML policies and information security programs. To date, only 10 companies have obtained the license in Luxembourg.

Security 129

Security Payments Fintech United States 129

PYMNTS

APRIL 24, 2019

Regulators want to have a greater stake in the way sharing platforms operate. Many of these regulators also now expect sharing and payment services to comply with shifting data regulations, like GDPR. To learn more about how Spotahome is approaching data security and customer trust, read the Playbook’s feature story.

Marketing 179

Marketing Regulation Case Study Security 179

PYMNTS

JULY 13, 2020

Some markets that have partially reopened, such as New York City, have mandated certain changes to in-person meetings to minimize potential health risks. Technology may have had a place in the real estate industry for some time, but its main purpose until now was in facilitating the consumer’s initial steps in the home buying process.

Data 198

Data New York City New York Fraud 198

PYMNTS

FEBRUARY 7, 2020

In today’s top payments news, Uber reported positive fourth quarter earnings, NYSE owner International Exchange said it will not pursue plans to buy eBay and Afterpay pushed back against RBA’s potential regulation of “tap and go” fees. Afterpay Pushes Back Against Australia’s Fee Regulation.

Payments 130

Payments Regulation New York Survey 130

PYMNTS

DECEMBER 23, 2019

This past week, The Wall Street Journal reported that the Securities and Exchange Commission (SEC) is investigating a number of unicorn listings, to see how trading transpired on the first day shares traded hands and the companies came to market with their listings. Might unicorns have their wings clipped – just a bit?

Regulation 131

Regulation New York Examples Security 131

PYMNTS

DECEMBER 14, 2018

“With its combination of technology and banking expertise, solarisBank is a great partner for us to offer central services along the value chain for digital assets. ” In fact, the job grew 33 times faster than other positions this year, with demand highest in San Francisco, New York City and Atlanta.

blockchain 155

blockchain Bitcoin Report San Francisco 155

PYMNTS

APRIL 22, 2020

The New York City Police Department recently stopped using its fingerprint identification security procedure for employees entering buildings, for example, contributing to a spike in demand for contactless identification alternatives. I don’t think authorities will rule out keeping this up after the outbreak.”.

Innovation 209

Innovation New York City System Tools 209

PYMNTS

OCTOBER 28, 2019

“Bakkt’s approach to secure technology, privacy and innovation means that we are an advocate for consumers who have yet to enter the digital asset space, and for merchants who want to accept new, efficient forms of payments without increasing risks,” said Mike Blandina, chief product officer at Bakkt.

New York 102

New York Bitcoin Google cryptocurrency 102

PYMNTS

JANUARY 22, 2020

Below, PYMNTS examines the latest in commercial card innovation, regulation and disruption. “By integrating CurrencyPay into the SmartEquip technology suite, processing payment will be easier than ever at all points of sale, including eCommerce, invoices and in-store transactions,” said Currency EVP Jered Takeuchi in a statement.

Cards 131

Cards New York Lending Strategy 131

American Banker

DECEMBER 28, 2016

The New York State Department of Financial Services has modified its cybersecurity rule after bankers registered complaints at a hearing in Albany last week.

New York 47

New York Cyber Security Security Technology 47

American Banker

DECEMBER 22, 2016

The decision to rewrite the regulation came two days after a hearing in which New York bankers unleashed a litany of complaints about the regulation to Empire State lawmakers.

New York 28

New York Regulation Cyber Security Security 28

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. Applying technologies to modernize payments.

Payments 125

Payments New York City Fraud New York 125

PYMNTS

JANUARY 24, 2019

World leaders from countries including Japan, South Africa, China, and Germany said there should be global oversight of the technology industry, underscoring the interest internationally to regulate tech, which is an area where the U.S. China’s vice president didn’t bring up privacy in the speech, noted the NYT. “We

New York 122

New York Meeting National Data 122

CFPB Monitor

NOVEMBER 12, 2020

The team will be led by Leandra English , who is currently with the New York Department of Financial Services. Banking and Securities Regulators (includes FDIC, Federal Reserve, NCUA). Gary Gensler , who is with the Massachusetts Institute of Technology, will serve as team leader. Treasury Department.

FDIC 97

FDIC Massachusetts New York Policies 97

PYMNTS

JANUARY 30, 2019

China could be gearing up to take on New York and Hong Kong when it comes to listing technology companies on the stock exchange, publishing draft rules for a startup board that is similar to Nasdaq. It will also help Shanghai become an international financial center, as well as a hub for technology innovation.”.

Company 115

Company New York Big Data Innovation 115

PYMNTS

JANUARY 24, 2019

The database, which is believed to have been exposed for two weeks, was discovered by independent security researcher Bob Diachenko. He added the company will notify all affected customers, as well as report the incident to state regulators. “On Reporters were able to find out that the vendor mentioned is New York-based OpticsML.

Taxes 155

Taxes New York Security Data 155

American Banker

SEPTEMBER 13, 2016

New York Gov. Andrew Cuomo on Tuesday announced the proposal of a state regulation requiring banks to develop and maintain a cybersecurity program. The plan, the first of its kind in the nation, could have far-reaching effects on some of the nation's largest banks.

New York 28

New York National Regulation Cyber Security 28

PYMNTS

AUGUST 16, 2019

Axos Bank parent company Axos Financial has rolled out out commercial banking operations across new markets in the U.S., It was the latest example of the bank-FinTech collaboration trend expanding across borders to help FinTechs enter new geographic markets and comply with local regulations. The bank announced Thursday (Aug.

Los Angeles 101

Los Angeles New York FDIC Lending 101

PYMNTS

FEBRUARY 21, 2018

A former cryptocurrency exchange and its founder are facing charges from the Securities and Exchange Commission (SEC), the agency announced in a press release on Wednesday (Feb. Montroll operated an unregistered online securities exchange and defrauded its users by misappropriating their bitcoins. In a parallel criminal case, the U.S.

Fraud 102

Fraud Bitcoin New York Regional 102

PYMNTS

MARCH 1, 2019

Citing various sources with knowledge on the matter, The New York Time s reported that Facebook is currently working on a coin that users of its WhatsApp could instantly send to friends and family.

social media 214

social media cryptocurrency New York Bitcoin 214

PYMNTS

JUNE 9, 2017

With eCommerce transactions moving at the speed of light, the ability to have transparency between parties is likely crucial to preventing security breaches. The study, one of many on the blockchain topic, also showed that the technology could potentially assist businesses and governments manage the incoming influx of IoT data.

blockchain 171

blockchain Study Technology Data 171

Chris Skinner

APRIL 11, 2017

I blogged recently about American banks beating up the regulators to stop account access via APIs. Here is his response … Dear Chris I don’t know of any facts to support the assertion that “In the USA, there is a move by the big banks to get Washington to outlaw access to bank data based on security. Well, they don’t.

US 299

US Policies Washington New York 299

PYMNTS

SEPTEMBER 10, 2019

How FinTech Apps Can Ace Security. Businesses that don’t comply with know your customer (KYC) and anti-money laundering (AML) regulations chance major regulatory fines and irreparable damage to customer relationships when something goes wrong. B2B Payments: Moving from Inertia to Ignition.

Apple 108

Apple New York City Payments New York 108