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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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Related Cos. CEO Calls For Workers To Come Back To New York City

PYMNTS

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.

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Today In Payments: Wirecard Files For Insolvency; New York To Ease Cryptocurrency Regulations

PYMNTS

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
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NY’s Cuomo Embraces Online Gambling; Shows Inroads Amid Pandemic

PYMNTS

Bet on New York emerging a bit more flush from the pandemic. Soon, you might be able to bet on it…literally, online and through mobile means. (OK, New York will join the pantheon of states that have legalized mobile sports betting, per a proposal by Gov. Andrew Cuomo released Wednesday (Jan. billion last year.

Online 269
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New York Gyms Get OK To Reopen Next Week

PYMNTS

Cuomo also chided “quote ‘experts’” who advised against reopening New York establishments due to the risk of a COVID-19 surge. “We Some fitness centers have responded to the crisis by expanding their operations into new areas of business, especially online workout guidance.

New York 163
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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