Block will pay a $40 million penalty over anti-money laundering deficiencies in its Cash App. The New York Department of Financial Services (NYDFS) announced the penalty Thursday (April 10), saying it...
New York has closed a multi-year probe into car insurers’ failure to report timely information. That investigation, the New York State Department of Financial Services (NYDFS) said...
New York is reportedly tightening its financial scrutiny as Donald Trump returns to office. With the incoming President Trump planning to roll back financial regulations,...
New York state has penalized two auto insurance giants for failing to secure customer data. Geico and Travelers will pay a combined $11.3 million in...
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...
Stablecoin issuer Paxos has laid off 65 people, amounting to about 20% of its workforce. These cuts come at a time when the company is...
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....
New York State’s financial watchdog has updated its rules for listing/delisting virtual currency. The New York State Department of Financial Services (NYDFS) on Wednesday (Nov. 15)...
New York’s financial regulator wants to regulate the companies that help set prescription drug costs. The New York Department of Financial Services (NYDFS) announced Wednesday...