New York

NYC Dethrones Hong Kong as Most Expensive Retail Center
NYC Dethrones Hong Kong as Most Expensive Retail Center
November 23, 2022  |  Retail

Continued COVID-19 restrictions in China have stripped Hong Kong’s famed luxury district of its title as the world’s most expensive retail destination, a mantle that...

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FTX Liquidators in Bahamas Move Case From New York to Delaware
FTX Liquidators in Bahamas Move Case From New York to Delaware
November 22, 2022  |  Cryptocurrency

Bahamian liquidators who had filed a case related to the bankruptcy of FTX in New York have agreed to transfer that case to Delaware, where...

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NY Fed Official Says US CBDC Could Speed X-Border Transactions
NY Fed Official Says US CBDC Could Speed X-Border Transactions
November 04, 2022  |  CBDC

Faster cross-border transactions could be one of the most significant benefits of a United States central bank digital currency (CBDC), a New York Fed official...

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NY’s Fin Services Regulator Issues Revised Data Collection Proposal
NY’s Fin Services Regulator Issues Revised Data Collection Proposal
October 26, 2022  |  Regulation

New York State Superintendent of Financial Services Adrienne A. Harris has issued a revised proposed regulation that would allow the state’s Department of Financial Services...

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Fraudsters Shift Focus to Big-Ticket Real Estate Closing Scams
Fraudsters Shift Focus to Big-Ticket Real Estate Closing Scams
October 09, 2022  |  Security & Fraud

The Secret Service has been looking into identifying scammers moving millions of stolen dollars through banks around the New York tri-state area. A Bloomberg report...

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Attorneys General Ask Credit Card Companies to Track Gun Sales
Attorneys General Ask Credit Card Companies to Track Gun Sales
September 04, 2022  |  Legal

The attorneys general of New York and California think Visa, Mastercard and American Express should begin tracking gun sales and flagging suspicious purchases to law...

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NY Regulator and Lawmakers Join CFPB in Push to Ban Overdraft Fees
NY Regulator and Lawmakers Join CFPB in Push to Ban Overdraft Fees
July 14, 2022  |  Bank Regulation

Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), has made it a priority for the bureau to fight against “junk fees,” overdraft fees,...

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Today in FinTech: NY AG Cautions Against Crypto; Wells Fargo Faces Lawsuit
Today in FinTech: NY AG Cautions Against Crypto; Wells Fargo Faces Lawsuit
June 03, 2022  |  Technology

In today’s FinTech news, the attorney general of New York has handed down a warning to investors about the potential dangers of investing in cryptocurrency,...

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NY AG Sounds Alarm Over Crypto Investments
NY AG Sounds Alarm Over Crypto Investments
June 03, 2022  |  Cryptocurrency

New York Attorney General Letitia James handed down a warning about the dangers of investing in cryptocurrency due to market volatility that could result in...

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