New York

New York to Consider Bill to Strengthen Consumer Protection Law
New York to Consider Bill to Strengthen Consumer Protection Law
March 13, 2025  |  Security & Fraud

New York State Attorney General Letitia James announced a new bill designed to strengthen the state’s consumer protection law, saying the bill is needed at a...

READ MORE >
AI Regulations: Virginia’s AI Act Targets ‘High Risk’ AI Systems
AI Regulations: Virginia’s AI Act Targets ‘High Risk’ AI Systems
March 05, 2025  |  Artificial Intelligence

Virginia could be the second U.S. state to enact artificial intelligence (AI) regulations targeting high risk AI systems, after Colorado, according to the National Law...

READ MORE >
New York Expands Program to Support Access to Financial Services
New York Expands Program to Support Access to Financial Services
February 05, 2025  |  Banking

The New York towns of Neversink and Denning have been approved as a Banking Development District (BDD), a designation that is meant to support access to...

READ MORE >
NYDFS Launches Regulatory Exchange With Bank of England
NYDFS Launches Regulatory Exchange With Bank of England
January 13, 2025  |  Partnerships

New York’s state financial watchdog launched a resource-sharing partnership with the Bank of England. The Transatlantic Regulatory Exchange (TRE) lets the New York Department of...

READ MORE >
New York Readies AI Rules as California Picks Regulation Panel
New York Readies AI Rules as California Picks Regulation Panel
October 09, 2024  |  artificial intelligence

As California and New York race to regulate artificial intelligence (AI), a new study predicts the AI governance market will explode to $5.78 billion by...

READ MORE >
Meta, Klarna and Spotify Join Call for EU Regulations for AI
Meta, Klarna and Spotify Join Call for EU Regulations for AI
September 25, 2024  |  Artificial Intelligence

As European tech leaders urge regulatory clarity to stay competitive in artificial intelligence, New York lawmakers contemplate stricter controls, highlighting the global struggle to balance...

READ MORE >
NYDFS Issues Guidance for Insurance Companies’ Use of AI
NYDFS Issues Guidance for Insurance Companies’ Use of AI
July 11, 2024  |  Insurance

Insurers’ use of artificial intelligence (AI) must not discriminate against consumers, New York State Department of Financial Services (DFS) Superintendent Adrienne A. Harris said Thursday...

READ MORE >
Musk: X Close to Landing NY and CA Payment Licenses
Musk: X Close to Landing NY and CA Payment Licenses
March 07, 2024  |  Digital Payments

Elon Musk says X could soon receive money transmitter licenses from New York and California. The license from California could come in the next month or so,...

READ MORE >
New York DFS Announces Settlement With Gemini Trust
New York DFS Announces Settlement With Gemini Trust
February 28, 2024  |  Legal

The New York State Department of Financial Services (DFS) said Wednesday (Feb. 28) that Gemini Trust Company has agreed to return at least $1.1 billion to customers of its...

READ MORE >