PYMNTS

JUNE 25, 2020

It will be easier for New York cryptocurrency businesses to launch in New York, thanks to a plan by regulators that would ease licensing rules. Once licensed by DFS, the program can support virtual currency firms. DFS is requesting public comment on this proposed framework by August 10th.

New York 240

New York cryptocurrency Regulation Innovation 240

Bank Innovation

DECEMBER 3, 2019

When two Irish brothers started Stripe Inc. together in 2010, there was little question about where they should put their headquarters. It had to be California. Now, though, Stripe is leaving the tech mecca of San Francisco, awash in tech talent and investor cash, and is in the process of moving its main office about 10 […].

New York 367

New York San Francisco California Fintech 367

PYMNTS

AUGUST 27, 2020

Some major New York City retail properties — including the shopping center at Hudson Yards — are only producing 50 percent of pre-pandemic rent, the CEO of major Big Apple landlord Related Cos. They need to come back to New York [for] two reasons … one is to go to school, and to go the other is to work.". Related Cos.

New York City 240

New York City New York Apple Retail 240

PYMNTS

JUNE 25, 2020

In today’s top news, Wirecard files for insolvency, and New York proposes easing regulations for cryptocurrency licenses. New York To Ease Cryptocurrency Regulations. Plus, California seeks a court order to make Uber and Lyft classify drivers as employees. Wirecard Files For Insolvency, Seeks Court Protection.

New York 248

New York cryptocurrency Regulation Samsung 248

Payments Dive

JULY 2, 2024

Hopes for passing a 2024 buy now, pay later bill in New York state to regulate the nascent industry expired with the end of the legislative session last month. But next year could be a different story.

New York 195

New York Regulation Industry 195

PYMNTS

JANUARY 6, 2021

The new Fiscal Outlook from the New York City Independent Budget Office finds that the COVID-19 pandemic has likely made it so the city's economy won't fully recover for years. The report released Wednesday (Jan.

New York 248

New York New York City Resources Course 248

Payments Dive

APRIL 22, 2022

“MoneyGram spent years failing its customers and failing to follow the law,” Consumer Financial Protection Bureau Director Rohit Chopra alleged. MoneyGram called the latest in a series of regulatory actions against the company a "frivolous" lawsuit.

New York 243

New York Company 243

Payments Dive

AUGUST 8, 2024

Consumer credit card debt delinquencies are also on the rise, particularly among younger consumers, according to a New York Federal Reserve report.

Cards 434

Cards New York US Report 434

Payments Dive

JANUARY 3, 2024

New York Gov. Kathy Hochul is seeking to require buy now, pay later providers to obtain a license to operate in the state, in addition to other potential regulations for the industry.

Regulation 433

Regulation New York Operations Industry 433

CFPB Monitor

JANUARY 25, 2024

After promising earlier this year to “establish nation-leading regulations for the Buy Now Pay Later loan industry,” New York Governor Kathy Hochul took a significant first step in that direction by including Buy Now Pay Later (“BNPL”) legislation in her Proposed 2024-2025 Transportation, Economic Development and Environmental Conservation (“TED”) (..)

New York 139

New York National Regulation Industry 139

Payments Dive

JANUARY 24, 2024

Credit cards balances, auto loans and high rents are straining low-income consumers’ limited budgets, the New York Fed details in a new report.

Cards 408

Cards New York Report 408

CFPB Monitor

JANUARY 16, 2024

In remarks to the press and public on January 2, 2024, New York Governor Kathy Hochul announced “a sweeping consumer protection and affordability agenda”, including proposed actions to “strengthen consumer protections against unfair business practices” and “establish nation-leading regulations for the Buy Now Pay Later loan industry”.

New York 156

New York National Regulation Examples 156

PYMNTS

SEPTEMBER 3, 2020

While the nation’s hospitality sector has been devastated by the outbreak, it especially took a toll on New York City as Broadway shows were put on hold to prevent the spread of the virus, tourists stayed home and business travel was replaced with virtual teleconferencing. The Hilton is not the only New York hotel taking a hit.

New York City 345

New York City New York California Report 345

Payments Dive

MAY 3, 2022

Stephen Squeri, CEO of New York-based American Express, received $28.5 million in total compensation for 2021. The vast majority of that pay package came from annual and long-term incentive awards on top of a $1.5 million base salary.

New York 393

New York 393

PYMNTS

DECEMBER 11, 2020

The struggling New York City restaurant industry was dealt a blow on Friday (Dec. 11) when New York Gov. How bad is the question,” Cuomo said during a news conference in Albany, per numerous news outlets. The hospitalizations have continued to increase in New York City,” Cuomo said.

New York City 269

New York City New York Conference Industry 269

Chris Skinner

FEBRUARY 9, 2020

Financial System: A Pre-Mortem Analysis from The New York Fed and released in January. One report you may have missed was this one: CyberRisk and the U.S.

System 423

System US New York Payments 423

Chris Skinner

APRIL 3, 2018

I’m launching the new book Digital Human in New York on the evening of April 12. BTW, I’ve also heard a lot of people have been frustrated that Amazon cancelled their pre-orders of the new … The post Digital banks are 35+ times more productive than traditional banks appeared first on Chris Skinner's blog.

Digital Banking 418

Digital Banking New York Case Study Study 418

Payments Dive

MAY 16, 2023

First-quarter credit card balances jumped 17% over the same period last year, according to New York Fed data.

Cards 362

Cards New York Data 362

Payments Dive

DECEMBER 18, 2018

Public transit systems in New Jersey, New York, Chicago and other major metropolitan areas are converting their systems to accept contactless payments, which experts say will reduce costs and help improve ridership.

New Jersey 375

New Jersey System Chicago New York 375

Chris Skinner

MARCH 11, 2019

It is a conjectured article that takes the story from The New York Times discussing Facebook creating its own … The post Will Facebook become the world’s central bank? appeared first on Chris Skinner's blog.

New York 410

New York Payments 410

Bank Innovation

SEPTEMBER 15, 2017

EXCLUSIVE – The Brink’s Company and expense management provider Bento for Business introduced a new Travel & Expense Debit Card at Finovate in New York. The partnership is a major win for Bento, who launched only two years ago with a prepaid card for SMBs.

Management 372

Management New York Cards Company 372

Bank Innovation

AUGUST 17, 2017

Silicon Valley, New York City, and Boston all have thriving fintech communities, and are definitely worth a trip for the invested fintech entrepreneur, but the U.S. is already seeing a cluster of other fintech hubs emerge. These cities boast strong tech communities, talent pools, good coffee, and cheaper rents.

New York City 365

New York City Fintech Georgia Boston 365

Bank Innovation

JANUARY 7, 2020

At first glance, New York-based Qapital, a digital banking, investing and budgeting platform, might look like a challenger bank. But CEO and co-founder George Friedman says Qapital’s offerings are more than just a collection of financial products. To Qapital, which launched in the U.S.

New York 362

New York Digital Banking Customer Experience Management 362

Bank Innovation

FEBRUARY 5, 2020

New York-based Kasisto, a conversational AI company which developed the banking […].

New York 345

New York Technology Company Innovation Strategies 345

Bank Innovation

JANUARY 17, 2018

according to a new report by New York-based law firm EnvisionIP. Bank of America has more blockchain-related patents than any other firm in the U.S., According to the report, Bank of America has 43 patents while Mastercard and IBM have 27 each, followed by 14 from Fidelity.

America 342

America blockchain New York Report 342

Payments Dive

FEBRUARY 15, 2024

About 60% of that group has used BNPL five or more times in the past year, compared to just over 20% of financially stable consumers, the New York Fed said.

New York 284

New York Groups 284

Payments Dive

MAY 31, 2019

The long-awaited pilot program to test tap-and-go payments in public transit in New York City is being closely watched to see if U.S. consumers will finally embrace mobile wallet and contactless card use.

New York City 318

New York City New York Payments Mobile 318

Payments Dive

AUGUST 23, 2019

Recently launched public transit trials in New York, Miami and elsewhere are showing huge potential for digital wallets and contactless cards in driving widespread adoption for mobile payments.

Miami 304

Miami New York Mobile Cards 304

Payments Dive

NOVEMBER 18, 2022

Debt burdens and delinquencies are rising more rapidly for younger and less wealthy borrowers, the New York Federal Reserve Bank researchers said.

New York 293

New York Cards 293

PYMNTS

JANUARY 6, 2021

Bet on New York emerging a bit more flush from the pandemic. New York will join the pantheon of states that have legalized mobile sports betting, per a proposal by Gov. That would make New York the most populous state to allow that type of wagering. Andrew Cuomo released Wednesday (Jan.

Online 269

Online New York United States Mobile 269

Perficient

JUNE 4, 2020

In response to COVID-19, the conference will now take place online, replacing Blue Prism’s previously scheduled London and New York events. Blue Prism, our newest robotic process automation partner , is hosting its annual conference, Blue Prism World , June 23-24. Registration is free and open to all who wish to attend.

Conference 385

Conference New York Software Innovation 385

Bank Innovation

DECEMBER 10, 2019

Centana Growth Partners, a New York and Palo Alto, Calif.-based based growth equity firm, closed its second fintech valued at $375 million this week. The firm, which closed a $250 million fund in 2015, primarily invests in business-to-business technology companies.

Fintech 293

Fintech New York Technology Company 293

PYMNTS

JANUARY 8, 2021

Retail rents have plummeted to historic lows in New York City amid the COVID-19 pandemic, as bankruptcies and vacancies penetrated the area, CNBC reported on Friday (Jan. SoHo was part of the roughly eight areas in the city that saw their lowest average asking rents in at least a decade.

Retail 249

Retail New York City New York Report 249

Payments Dive

MAY 31, 2019

The long-awaited pilot program to test tap-and-go payments in public transit in New York City is being closely watched to see if U.S. consumers will finally embrace mobile wallet and contactless card use.

New York City 273

New York City New York Payments Mobile 273

Chris Skinner

JANUARY 27, 2020

Things we’re reading today include … N26 gaining deposits from US titans like Chase and Citibank UK banks approve highest number of mortgages since 2015 Author calls for Brexit coin ‘boycott’ over lack of Oxford comma £30bn pension fund: we’ll sack asset managers that ignore climate crisis New York surges … The post (..)

New York 299

New York US Management 299

PYMNTS

SEPTEMBER 25, 2020

Dining out has taken on new meaning in New York City. I really want us to take this model and make it a part of the life of New York City for years and generations to come … I really think it’s going to help restaurants survive.”. “I I want us to go for the gold here,” the mayor told the public radio station. “I

New York City 229

New York City New York US Report 229