CFPB Monitor

JANUARY 6, 2021

On December 23, 2020, New York Governor Andrew Cuomo signed into law S 5470 – B , which requires consumer-like disclosures for “commercial financing” transactions of $500,000 or less. New York’s commercial financial law (NYCFL) states that it takes effect on the 180 th day after becoming law, which is June 21, 2021.

New York 78

New York Regulation Security Payments 78

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

JULY 18, 2017

The Bank of New York Mellon announced Monday (July 17) that it named Charles W. In a press release announcing the news, the company said Scharf, who was most recently CEO and director of Visa, will become chairman of the board of directors effective January 1, 2018.

New York 100

New York Leadership Technology Management 100

PYMNTS

NOVEMBER 9, 2016

Quite possibly, the biggest blockchain news this week was that Swedish bank SEB announced that intends to build a blockchain channel between New York and Stockholm to enable customers to make real-time transfers, as soon as next year. Blockchain may be building bridges quicker than expected. That will be the long-term benefit.”.

New York 175

New York blockchain Fraud Cards 175

PYMNTS

MAY 18, 2020

The New York payment network giant said fraud was up 17 percent at gas pumps through the end of last year through its Europay, Mastercard and Visa ( EMV ) credit card terminals that allow chip cards and smart cards. ” He said the new program provides a new layer of protection to mitigate losses for all parties.

Fraud 196

Fraud Tools Security New York 196

PYMNTS

JULY 10, 2020

Telehealth services, in particular, are growing more common, with one New York state hospital reporting that 85 percent of its outpatient visits are be­ing conducted via telehealth systems. Contact tracing technology is in the headlines as businesses, schools and other organizations search for ways to limit the risk of contagion.

Security 208

Security Indiana Meeting Data 208

Bobsguide

SEPTEMBER 19, 2022

New York, August 11, 2022: TS Imagine is proud to announce that we have been ranked no. 1 in the Technology and Techniques category by Chartis Research in the Chartis RiskTech Buyside 50 report. Overall, TS Imagine has been selected as a top buy-side technology provider in the market according to the report.

Technology 88

Technology Report Risk Management New York 88

BankInovation

AUGUST 18, 2021

Cyber Security Services Banking practice at consultancy KPMG New York, will join a live webinar presented by Bank Automation News on “Automation technology for exceptional bank cybersecurity and ID verification” Sept. Matt Miller, principal and industry lead in the U.S. 9, at 11:30 a.m.

Cyber Security 98

Cyber Security Security New York Fraud 98

Perficient

MAY 27, 2022

We’ll then move to the federal level, seeking regulatory guidance as to whether digital tokens are securities under the jurisdiction of the U.S. Securities and Exchange Commission (SEC) or commodities contracts over which the Commodity Futures Trading Commission (CFTC) has regulatory jurisdiction. State Regulations.

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

PYMNTS

DECEMBER 28, 2020

In other news, the U.S. Securities and Exchange Commission (SEC) filed an emergency asset freeze against Virgil Capital and its affiliated companies after charging the firm and its CEO, Stefan Qin , with fraud related to Virgil Sigma Fund LP, the company’s cryptocurrency trading fund, according to a press release.

Capital 175

Capital Security cryptocurrency Fraud 175

PYMNTS

MARCH 11, 2019

But interest in this technology is not limited to the food and beverage space, and is gaining traction in many different verticals. At the same time, new technologies are coming on the market to serve these merchants. And technology and payments firms are collaborating to bring offerings to market.

Retail 213

Retail Technology Atlanta San Francisco 213

Bank Innovation

SEPTEMBER 12, 2017

Finovate kicked off its 2017 Fall conference with demos from about 40 financial technology companies on its first day yesterday in New York.

Analytics 252

Analytics New York Conference Data 252

PYMNTS

MARCH 20, 2020

It’s the end of the workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have deep dives into in-house restaurant ordering apps and cloud technology, as well as a report on banks running short on large bills amid the coronavirus crisis.

Technology 181

Technology Apple New York City social media 181

Perficient

MAY 19, 2022

Participants with a single ATS are permitted to use two separate MPIDs but only if one is used exclusively for reporting transactions to TRACE and the other exclusively for reporting transactions to the equity trade reporting facilities such as OTC or the New York Stock Exchange.

System 294

System New York Report Compliance 294

PYMNTS

MARCH 6, 2020

The aim of creating this system was both to provide more speed and security to the country’s merchants. Financial technology provider Fiserv has devised a technology that allows individuals to accept payments on consumer-grade smartphones and other digital devices, as well as handheld business point-of-sale (POS) systems.

Payments 304

Payments New York Metro New York City 304

PYMNTS

NOVEMBER 16, 2020

Securities and Exchange Commission (SEC) for an initial public offering (IPO). The company intends to list its Class A common stock on the ticker symbol "AI" on the New York Stock Exchange, according to a press release. Enterprise artificial intelligence (AI) software provider C3.ai ai Founder and CEO Thomas M.

Software 201

Software Leadership New York Security 201

PYMNTS

FEBRUARY 15, 2018

Founded in 2012, Payworks offers a variety of omnichannel payment providers a next-generation payment gateway technology, operated in the cloud and provided in a Software-as-a-Service model.

Technology 100

Technology New York Innovation Payments 100

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

DECEMBER 28, 2016

Safety may come first, but the security guard industry hasn’t really been updated in decades. However, one company — Bannerman — has created the technology close that gap and make people safer on a daily basis. Our mission is to keep our cities safe, and we’re building the technology to make that a reality. Absolutely.

Security 174

Security San Francisco US Fort Worth 174

PYMNTS

JUNE 17, 2019

This presents problems for developers, who need to make sure that their products run both smoothly and securely. These technologies are presenting increasing demands on local networks as more devices fill homes, causing aggravating performance lags. The onus falls largely on customers to secure these vulnerable points, he said. .

Security 142

Security Michigan Operations User Experience 142

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

APRIL 9, 2019

I hear they are targeting big sums — as much as $1 billion,” tweeted Nathaniel Popper, a technology reporter at The New York Times. European crypto exchange Bitstamp is the latest recipient of New York’s virtual currency license.

Bitcoin 122

Bitcoin New York Security cryptocurrency 122

PYMNTS

AUGUST 21, 2020

As it approaches its potential introduction to the public markets, Palantir is reportedly set to be the newest in a line of tech firms to go public long prior to bringing in positive income, The New York Times reported. Its technology is meant to assist in examining information. And, in June, Palantir Technologies Inc.

Report 250

Report United States New York Big Data 250

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

PYMNTS

JUNE 11, 2018

It will be possible to support emerging areas, such as the gig economy, with innovative new service products like insurance. There are technological solutions to protect that data, but — no matter which expert one asks — the consensus is that constant vigilance needs to be combined with all of them.

Security 100

Security United States New York Data 100

PYMNTS

JUNE 18, 2020

Securities and Exchange Commission (SEC) filing. Founded 80 years ago, the Boise, Idaho, chain has been owned for the past 14 years by private equity firm Cerberus Capital Management, according to Supermarket News , which first reported the IPO in March. The listing would allow the New York investor to exit the company.

Idaho 197

Idaho New York Security Report 197

PYMNTS

DECEMBER 18, 2020

Securities and Exchange Commission, the conclusion of the HSR Act waiting period, and “other customary closing conditions,” per the announcement. Today’s announcement marks the beginning of an exciting new chapter in our history, and we are delighted to be entering into this transaction with FinServ to become a publicly traded company.

Fintech 322

Fintech New York Company Security 322

BankInovation

NOVEMBER 12, 2021

It was a diverse week for fintech funding, with hundreds of millions of dollars pouring into identity verification and buy now pay later (BNPL) technology companies and substantial investment in an automated compliance platform. million […].

New York 98

New York Compliance Fintech Security 98

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

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

BankInovation

JULY 22, 2021

Simon Markets, a financial-technology platform that spun out of Goldman Sachs Group Inc., secured up to $100 million in a financing round led by growth equity firm WestCap.

New York 98

New York Financial Technology Groups Security 98

PYMNTS

JUNE 3, 2016

Such was the case for several companies profiled this week by The New York Times , which shed light on the minority of startup owners that decide not to take outside investment. Check out who secured venture capital in our breakdown below. Enterprise Security. Ionic Security. Featurespace.

Security 100

Security Data Analytics Capital 100

PYMNTS

APRIL 27, 2017

Silicon Valley- and Paris-based Ivalua, a spend management software company, has secured growth equity minority funding from KKR, a leading global investor. KKR will become a new shareholder alongside the founders and Ardian, which invested in Ivalua in 2011.

Security 100

Security Software New York Management 100

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

AUGUST 24, 2020

In a case that highlights how anybody — truly, anybody — can be a victim of invoice fraud, federal officials have reportedly charged two brothers in New York State for an alleged $19 million scam targeting Amazon. Attorney Audrey Strauss described the scam as "a new twist on an old trick" through the use of "complex technology.".

Fraud 298

Fraud New York United States Security 298

Abrigo

FEBRUARY 8, 2024

Takeaway 2 Client fraud education at financial institutions should include takeaways that explain how to protect themselves from phishing and tips for staying secure online. Fraud schemes, evolving with technology, are more sophisticated and more complex to detect. Fraudsters have adjusted their tactics as technology has changed.

Fraud 195

Fraud Resources social media Software 195

PYMNTS

FEBRUARY 26, 2020

Facial recognition outfit Clearview AI — which collects billions of photos off the internet, and uses them for facial recognition technology — has been hacked, and its entire client list was exposed to malicious actors, according to CNN. “Unfortunately, data breaches are a part of life. .

New Jersey 170

New Jersey New York Technology Google 170