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New York State Regulations for Online Lenders to ‘Level Playing Field’ for Banks

Bank Innovation

Online lenders may own more than half of the personal lending market, but they face serious headwinds. In New York State, perhaps anticipating a […].

New York 225
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Fraudsters ‘Flourishing’ On Zelle, New York Times Reports

Bank Innovation

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
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New York vs OCC: Let’s Think of the Children

Bank Innovation

In his recent 2017 budget proposal, Governor Andrew Cuomo outlined a few changes that might be in store for New York State fintechs, particularly online lenders. The Empire State really wants to be in charge of the fintech sandbox—and it wants the OCC out already. These changes include expanding the Read More.

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WorldRemit Opens International Money Transfers in New York

Bank Innovation

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
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Silicon Valley’s Lead in Innovation Centers is Shrinking

Bank Innovation

If it feels like innovation has been one of the hot themes of 2017 in the financial world, it’s because its true. A new report shows that despite many companies struggling to maintain a culture of innovation, financial services companies are among the top three industries getting it right.

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You’re Invited to Virtual Blue Prism World 2020!

Perficient

In response to COVID-19, the conference will now take place online, replacing Blue Prism’s previously scheduled London and New York events. Registration is free and open to all who wish to attend.

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Robinhood suffers online outage with US stocks rebounding

Bank Innovation

New York time, the company posted a statement on the website […]. Robinhood Markets Inc.’s s brokerage website experienced technical issues Monday with some customers unable to make trades on a day when the market was rebounding from last week’s rout. A system-wide failure began as the U.S. At 11:18 a.m.

Online 273