PYMNTS

SEPTEMBER 3, 2020

The property had been operated under the Hilton Hotels & Resorts flag. In a typical year, New York City sees more than 65 million visitors. The Hilton is not the only New York hotel taking a hit. Analysts have said as many as 25,000 New York hotel rooms might never reopen, the WSJ reported.

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New York City New York California Report 345

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.

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Online New York United States Mobile 269

Bank Innovation

FEBRUARY 23, 2017

If you picked up the New York Times Business section this morning, you probably saw the photo of the fintech guru, Brett King, looking out the window of a dimly-lit room. The caption read: “Brett King once hoped his company, Moven, would become ‘the Facebook of banking.’” Those hopes are Read More.

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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.

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New York City Fintech Georgia Boston 365

Bank Innovation

FEBRUARY 26, 2020

New York-based software startup Alkymi recently raised $5 million in a seed round to help financial institutions and other enterprise clients automate back-office workflow.

New York 259

New York Software Fintech Operations 259

Bank Innovation

MAY 16, 2017

Last year, regulators in New York decided to take cybersecurity matters for financial institutions into their own hands, releasing a set of rules (which went into effect in March), requiring banks and other FIs to establish a stricter cybersecurity program.

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Regulation New York Data Report 325

Payments Dive

JANUARY 30, 2024

If the state’s buy now, pay later legislation passes, new requirements piling on additional compliance burdens may lead some providers to pull their operations in New York, attorneys said.

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New York Compliance Operations 221

Bank Innovation

MAY 31, 2019

At an industry event in New York on Friday, the company's chief operating officer John Waldron reportedly said the company currently is building out its online retail bank Marcus to […].

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PYMNTS

MARCH 6, 2020

Real-time payments are imperative for running successful operations in today’s global ecosystem. Digital payments sent internationally are expected to move past $1 trillion in 2025, but getting to that point will require support from payment providers, regulators and other such firms still building out the necessary infrastructure.

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Payments New York Metro New York City 304

PYMNTS

AUGUST 21, 2020

Reuters reported the New York-based multinational investment bank and financial services corporation filed its third suit in the U.S Southern District of New York Court to recoup $900 million it mistakenly sent to lenders of Revlon Inc. Citigroup Inc. returned to court Friday (Aug. On Tuesday (Aug. On Monday (Aug.

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Bank Innovation

NOVEMBER 3, 2017

EXCLUSIVE- After just over a year in operation, what’s next for Marcus, the consumer lending platform operated by incumbent bank Goldman Sachs? During the Digital Lending and Investing Conference currently taking place in New York today, Omer Ismail, chief commercial officer of Marcus from Goldman Sachs, highlighted a few areas.

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New York Lending Conference Operations 218

Perficient

FEBRUARY 15, 2024

This blog was co-authored by Perficient Risk and Regulatory CoE Member: Alicia Lawrence The announcement of significant amendments to the New York State Department of Financial Services (NYSDFS) regulations on December 1, 2023, represents a pivotal moment for entities operating within New York’s financial sector.

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New York Compliance Regulation Analysis 221

Bank Innovation

APRIL 19, 2017

Among the endless rows of tech startups from all imaginable industries– from rideshare, to edtech, and beauty– seven fintechs rose to show off their latest during the TechDay event in New York yesterday. Qplum The startup, launched […].

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PYMNTS

NOVEMBER 25, 2020

An Amazon Web Services outage affected the digital presence and operations of dozens of companies Wednesday (Nov 25) as one of the subsystems of the massive web operations platform failed. Kinesis, as described on the AWS site is “a massively scalable and durable real-time data streaming service.

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social media New York California Analytics 283

Bank Innovation

DECEMBER 13, 2018

operations. These projects range from less visible, but equally important, system upgrades on the back-end and more visible ones like installing Softbank’s robot Pepper in its New York flagship. As a part of its retail transformation strategy, HSBC Bank USA spent over $130 million on innovation projects in one year on its U.S.

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Innovation Strategies Strategy Innovation New York 199

Abrigo

APRIL 11, 2025

Learn why Unique needs & challenges Each financial institution is unique, and adopting new technology requires thoughtful integration withor changes toexisting operations. 2,400+ institutions trust Abrigo. Evolving regulatory expectations, customer needs, and institutional goals make ongoing vendor support essential.

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Technology Software Training Risk Management 195

PYMNTS

NOVEMBER 23, 2020

PayPal also said at the time that it had received a “first-of-its-kind conditional Bitlicense” from the New York State Department of Financial Services (NYDFS). Paxos, PayPal’s partner, operates itBit. Pantera Capital said in the report, as noted by Benzinga, “When PayPal went live, volume started exploding.

cryptocurrency 357

cryptocurrency Bitcoin New York Capital 357

Perficient

MAY 30, 2024

Our banking risk and regulatory experts are excited to attend the upcoming XLoD Global event in New York on June 11th. Many banking firms that are operating with multiple legacy systems are curious about implementing new AI technologies. What is XLoD Global? The landscape has evolved, and organizations must maintain pace.

Compliance 221

Compliance Industry New York social media 221

Bank Innovation

NOVEMBER 19, 2018

The number of financial technology companies is on a rise, and every year many of these new companies as well as established ones choose to situate themselves in cities that are not San Francisco or New York. In some cases, the establishment of one powerful player in a region automatically turns a place into a […].

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San Francisco New York Fintech Regional 267

Perficient

FEBRUARY 15, 2024

The announcement of significant amendments to the DFS500 regulations on December 1, 2023, represents a pivotal moment for entities operating within New York’s financial sector.

Compliance 221

Compliance New York Regulation Analysis 221

PYMNTS

OCTOBER 11, 2020

Europe is falling back into COVID-19's grip as the virus delivers a harsh rebuke in country after country whose residents thought they'd beaten it, The New York Times reported. T]he euro area economy is still operating far below its pre-pandemic level," he added. Lane delivered digitally to a meeting of the U.S.

New York 240

New York Meeting National Operations 240

PYMNTS

SEPTEMBER 3, 2020

It sounds so nice they had to name it twice: New York, New York. This latest news appears to seal its fate. Hilton’s Times Square loss is more a reflection of how COVID-19 has bruised the Big Apple’s remarkable tourism industry than it is a commentary on individual hospitality operators. This is up from 44.7

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PYMNTS

JANUARY 3, 2021

The recently discovered cyber attack on federal government agencies and companies handling data as sensitive as information regarding new nuclear weapons was run from servers within the United States, The New York Times reports.

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Perficient

MAY 19, 2022

Larger TRACE participants often operate an alternative trading system (ATS). Now, we will review considerations for alternative trading systems, before delving into the details of when and by whom transactions are to be reported in Part 4 of the series. Remember, TRACE reporting is for TRACE-eligible fixed income securities, not equities.

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System New York Report Compliance 294

Perficient

OCTOBER 14, 2020

Fueled by the urgency to keep employees safe and providing customer service in face of increasing needs, the contact center needed to quickly adapt from an on-premise operation to a cloud-based solution. A major component of this digital acceleration involves modernizing your contact center.

Video 519

Video Tools Innovation Trends 519

PYMNTS

JANUARY 11, 2021

Roblox , which operates an online gaming platform that spans millions of users and millions of variations of games or related interactions, plans to go public on the New York Stock Exchange via a direct listing in February, according to an SEC filing the company submitted.

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New York Marketing Software System 289

PYMNTS

AUGUST 11, 2020

One business owners said he felt as if he were dealing with an entity almost like “a gangster operation.”.

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PYMNTS

FEBRUARY 8, 2019

IBM is planning to invest over $2 billion to help establish an “AI Hardware Center” at the SUNY Polytechnic Institute campus in Albany, as well as boost its high-tech footprint throughout New York State. AI will transform the world in dramatic ways in the coming years.

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New York Regional Innovation Capital 191

PYMNTS

DECEMBER 14, 2020

These services offer alternatives to installing and operating applications in-office or at expensive data centers as well, which can be a key consideration for the many businesses with employees who are operating remotely during the health crisis. presidential election and ongoing news about the pandemic.

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Chris Skinner

MAY 31, 2017

These mobile network operators (MNOs) will upscale over time to offer full bank services. To be part of this Barclays have one of their incubation Accelerators called Rise, based in Cape Town (the others are in New York, London, Manchester, Vilnius, Tel Aviv and Mumbai). billion today to 2.4

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Case Study Mobile Study New York 344

PYMNTS

SEPTEMBER 19, 2019

At its annual summit in New York , the ID2020 Alliance announced the roll out of a digital identity program with the Government of Bangladesh ; Gavi, the Vaccine Alliance; and new partners in academia, government and humanitarian relief.

New York 280

New York Policies System Operations 280

Perficient

MAY 27, 2022

As the center of the American financial landscape, it is probably not surprising that New York was the first state to implement regulations specifically designed to cover cryptocurrency activity. For instance, Coinbase can only offer about half the coins available on its platform to New York customers. State Regulations.

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

PYMNTS

FEBRUARY 21, 2020

New York Attorney General Letitia James announced plans to sue New York City for allegedly fraudulent practices by its Taxi and Limousine Commission (TLC), according to reports on Thursday (Feb. A taxicab medallion is a numbered plate required to operate a yellow cab.

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Fraud New York City New York Taxes 223

PYMNTS

MARCH 19, 2020

About 4,000 branches are cutting back hours of operation. A spokesperson from Bank of America told FT that it is operating as usual and no branches have been closed. “This will help us protect our employees as we provide essential services to our customers and the communities we serve.”.

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New York America Operations Community 242

PYMNTS

NOVEMBER 25, 2020

We’re operating at this intersection of finance and technology, which are both industries that are woefully underrepresented by women in the first place,” Alaina Sparks , a managing director and the U.S. Female Innovators Lab is a New York program run by the Anthemis Group and Barclays that champions female FinTech founders.

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Fintech New York Innovation Industry 288

PYMNTS

DECEMBER 16, 2020

13) that Monthly Unique Payers (“MUPs”) for its business-to-consumer (B2C) operation surged 64 percent in contrast to Q3 2019. 16) that it’s signed an exclusive multiyear arrangement with the New York Giants NFL team. This makes DraftKings the franchise’s “official sports betting, iGaming and daily fantasy operator.”

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PYMNTS

MAY 14, 2020

The possible merger between Uber and Grubhub is causing a wave of worry over delivery fees at a time when some local officials are considering instituting caps , as the New York City Council did on Wednesday (May 13). Alexandria Ocasio-Cortez (D-New York), who proposed the Pandemic Anti-Monopoly Act.

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San Francisco New York New York City Massachusetts 200