article thumbnail

NJ Lawmakers: Brick-And-Mortars Must Accept Cash

PYMNTS

The eCommerce giant operates a cashless Amazon Books store at Garden State Plaza, a mall in Paramus, N.J. We know that some have raised concerns about the socioeconomic implications of operating a cashless business,” Meyer said in a blog post. “By So far, only Massachusetts has a law banning cashless stores.

NJ 133
article thumbnail

NJ Malls Contend With American Dream’s Opening

PYMNTS

Owner Triple Five Group is forecasting 40 million visitors yearly after the East Rutherford mall is fully in operation. “Some of the smaller malls that are just surviving, with American Dream opening, they may have more struggles ahead of them.

NJ 101
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bitcoin Daily: Bitcoin Stock Dips At Vaccine News; Crypto Licensing Bill Proposed In NJ; TradeStars Launches New Fantasy Sports Stocks Token

PYMNTS

The bill would require digital asset service providers that wish to operate in New Jersey to be licensed by the state’s Department of Banking Insurance or by another state’s equivalent license. Nellie Pou introduced new cryptocurrency regulations in a bill titled “Digital Asset and Blockchain Technology act,” on Thursday, Nov.

Bitcoin 225
article thumbnail

Bitcoin Daily: Avanti Preparing To Apply For Banking Charter; NJ Lawmaker Introduces Regulatory Rules On Crypto

PYMNTS

Meanwhile, a New Jersey lawmaker has introduced a bill that would require cryptocurrency firms to obtain a license before being able to operate, according to Coin Telegraph. 20, which would introduce new standards and rules for how crypto businesses operate.

NJ 130
article thumbnail

Lockdowns Drive Lower Revenues For ATM Owner Cardtronics

PYMNTS

Cardtronics , which calls itself the world’s largest ATM owner-operator, disclosed its first-quarter results on Friday (May 8), which reflected lower revenues due to lockdowns and some location closures. . Cardtronics’ ATM operating revenues dropped to $291.9 Cardtronics’ ATM operating revenues dropped to $291.9 Payne Jr. (D-NJ),

ATM 131
article thumbnail

Blue Apron’s Move To NJ Facility Affecting 24 Percent Of Its Workforce

PYMNTS

The company restructured its executive team last week, with co-founder and chief operating officer Matt Wadiak stepping down. It also intends to open another facility in Fairfield, California, in 2018. The announcement comes approximately one month after Blue Apron filed to become public. The meal kits company’s shares fell 5.4 percent to $5.89

NJ 101
article thumbnail

Popular Foundation Awards $216,000 in Grants to Nonprofit Organizations

PopularBank

“We’re very proud of Popular Bank’s long-standing commitment to the nonprofit and local organizations that continue to make a meaningful difference in the communities where our customers work and live,” said Popular Bank Chief Operating Officer Manuel Chinea. West New York, NJ. Elizabeth, NJ. Northern Manhattan Improvement Corp.

NJ 97