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Former Visa Head To Lead Bank Of New York Mellon

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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
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Bitcoin Daily: Bakkt Trust Crypto Platform Gets Trust License In NY

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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
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BlueCart Acquires Sous To Boost Mobile Procurement For Restaurants

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According to BlueCart CEO Konstantin Zvereff, the acquisition will help restaurant owners gain access to more hospitality solutions — such as technology innovations in the cloud and through mobile app developments such as mobile order-ahead — especially in New York City, where BlueCart is experiencing significant growth.

Mobile 151
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Lightspeed Buys Restaurant POS Upserve To Strengthen Hospitality Offering

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The merger between the two companies will expedite product innovation and help advance the analytics-driven commerce platform of Lightspeed. The combination, according to the release, will offer a new competitive method for small restaurants to help navigate the complex new restaurant world brought on by the pandemic.

New York 187
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CFPB’s 2020: Drawing A Bead On Abusive Practices — And States’ Activities

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Now, under the current leadership of Kathy Kraninger, the more explicit definitions that seek to address what some critics had said were “vague” may curb the scope of what is considered abusive practices. We need some examples of things that are abusive, but not unfair or deceptive.”.

New York 179
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FTC, 48 States Launch Massive Antitrust Suit On Facebook

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Facebook would try to squeeze every bit of oxygen out of the room for smaller companies that refused to be bought,” New York State attorney general Letitia James told a Wednesday afternoon press conference. Facebook used an ‘open first close later’ strategy to stop competitive threats.

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Wells Fargo Taps BNY Mellon’s Charles Scharf To Lead Bank Plagued By Scandal

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Wells Fargo, the scandal-plagued bank that has been searching for a new chief executive, announced on Friday (Sept. 27) that Bank of New York Mellon CEO and Chairman Charles W. Scharf has agreed to take on the job effective Oct. 21, CNBC reported. The fourth-largest bank in the U.S.,

New York 128