New York Department Of Financial Services news and trends

NY Hopes to Offset Trump’s ‘Aggressive Regulatory Reduction’
Bank Regulation // December 26, 2024

New York is reportedly tightening its financial scrutiny as Donald Trump returns to office.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Geico and Travelers Fined $11.3 Million for NY Data Breaches 
News // November 25, 2024

New York state has penalized two auto insurance giants for failing to secure customer data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Stablecoin Issuer Paxos Lays Off 65 Employees
Cryptocurrency // June 12, 2024

Stablecoin issuer Paxos has laid off 65 people, amounting to about 20% of its workforce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

NYDFS Superintendent Harris Hails Court Approval of Check Cashing Regulation
Regulation // December 07, 2023

New York Department of Financial Services (NYDFS) Superintendent Adrienne A. Harris has hailed a Thursday (Dec. 7) court decision that upholds the state’s new check cashing regulation announced in January. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Quick Reads
Block Fined $40 Million for Cash App’s Anti-Money Laundering Failures

April 10, 2025
Block will pay a $40 million penalty over anti-money laundering deficiencies in its Cash App. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications […]

NY Hopes to Offset Trump’s ‘Aggressive Regulatory Reduction’

December 26, 2024
New York is reportedly tightening its financial scrutiny as Donald Trump returns to office.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Geico and Travelers Fined $11.3 Million for NY Data Breaches 

November 25, 2024
New York state has penalized two auto insurance giants for failing to secure customer data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Stablecoin Issuer Paxos Lays Off 65 Employees

June 12, 2024
Stablecoin issuer Paxos has laid off 65 people, amounting to about 20% of its workforce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...