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City National Bank, Extend Team On Virtual Corporate Cards

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City National Bank has enlisted New York City FinTech Extend to enable the bank’s clients to offer virtual corporate cards to employees, vendors and other business partners, the companies announced in a press release. With Extend, City National is the first issuer in the U.S. to launch this competitive solution.”.

National 172
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OCC Releases Community Reinvestment Act (CRA) Evaluations

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Security National Bank. First Texoma National Bank. First National Bank of Decatur County. First National Bank of Kemp. First National Bank of Michigan. The Conway National Bank. Santander Bank, National Association. Community National Bank & Trust. BOKF, National Association.

Community 294
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U.S. Regulations to Consider When Managing a Cryptocurrency Fund

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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.

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Lawmakers Eye Alternatives To Renter Security Deposits

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Lawmakers across multiple states are considering legislation to reconfigure the often burdensome security deposit structure that adversely affects renters of less financial means, according to the Wall Street Journal. As many as one fourth of all renters in the United States devote 50% or more of their monthly expenses to rent. Sittenfeld.

Security 139
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New York Wants To Be The Model For Cybersecurity Regulation

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New York’s financial regulator had a bold claim to offer over the weekend — she claimed that other states should use New York’s sweeping cybersecurity rules as a model for how insurers must protect their networks from hackers. New York also has clear guidelines for when and how firms have to report when there are hacks.

New York 110
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FireEye Closes $400 Million Blackstone Investment Days After Cybersecurity Breach

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In addition, Viral Patel , a senior managing director of Blackstone, and Art Coviello , former CEO of RSA Security, will join the firm’s board of directors, FireEye said. FireEye first announced the deal in November, along with its acquisition of Respond Software, a startup that helps companies probe and get a handle on security incidents.

New York 277
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NY Mag To Open Pop-Up Shop; Amazon Go Plans New York Store

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Magazines have been testing the waters of brick-and-mortar retail by opening temporary stores in major cities, and New York Magazine is no exception. The company is opening a pop-up shop in time for the holidays in the SoHo neighborhood of New York City for the company’s popular product recommendation vertical called The Strategist.

New York 135