Western Union’s Intermex Deal Wins NY OK, Stalls in California
Western Union’s pending acquisition of International Money Express (Intermex) has received regulatory approval from New York but faces…
Circle Adds New York Trust Charter to Growing Slate of Licenses
A limited purpose trust company is chartered under the bank and trust company provisions of New York banking…
Swedbank Settles New York Charges in Panama Papers Probe
The settlement resolves a DFS investigation into Swedbank’s compliance with New York banking law, which was sparked by…
New York’s Data Center Moratorium May Lead Other State Bans
New York State’s one-year moratorium on construction of new data centers, announced Tuesday (July 14) by Gov. Kathy…
New York Regulator Proposes Licensing Rules for BNPL Lenders
“Today DFS formally proposed regulations to establish a licensing and supervision framework for buy now, pay later (BNPL)…
New York Governor Weighs Signing Ban on Surveillance Pricing
If New York’s governor signs a bill passed by the state legislature on Thursday (June 4), businesses will…
NYC Mayor Pushes State to Quash Western Union-Intermex Deal
That $500 million deal is now facing pushback from New York City Mayor Zohran Mamdami, who argues the…
CFTC Takes NY State to Court Over Prediction Markets
Federal regulators are suing New York State over its enforcement of prediction markets. The Commodity Futures Trading Commission…
New York Sues Coinbase and Gemini Over Prediction Markets
New York sued Coinbase and Gemini Titan Tuesday (April 21), alleging that the companies’ prediction market platforms are…
New York Requires Retailers to Accept Cash Payments
New York Attorney General Letitia James reminded New Yorkers Friday (March 20) that a new law requires stores…
Wheely Expands On-Demand Chauffeur Service to New York City
Wheely, a luxury services company that provides chauffeuring and concierge services through its app, has expanded to New…
NYC Lawmakers Target Nation’s Highest Minimum Wage
A bill introduced in the New York City Council would make the city’s minimum wage the highest in…