The agency said its investigation additionally found its lax practices allowed for largely anonymous and high-risk bitcoin ...

New York State's Department of Financial Services (NYDFS) amended its cybersecurity regulation, Part 500. This legal alert ...

New York state’s top financial regulator struck a $40 million settlement with Block Inc., the parent of Cash App, over ...

On March 20, the New York Department of Financial Services (NYDFS) entered into a consent order with a money transmitter, joining a group of ...

Block Inc., the digital payments firm founded by billionaire Jack Dorsey, was fined $40 million by New York for alleged ...

In New York State, the Higher Education Services Corporation (HESC) administers two state-funded financial aid programs for undergraduate students, the Tuition Assistance Program (TAP) and the Aid for ...

The New York State Department of Financial Services' consent order said an investigation found "significant failures" in Block's Bank Secrecy Act and anti-money-laundering compliance. These ...

Payments technology company Block agreed to pay a $40 million civil monetary fine Thursday as part of an agreement to resolve claims brought by the New York State Department of Financial Services ...

Recently, the New York State Department of Financial Services issued guidance with recommendations that firms consider their AI programs when crafting risk framework. For example, AI technology ...

the CFPB joined 49 state attorneys general in ordering Ocwen Financial to repay $2 billion to homeowners for rampant legal violations in servicing their home mortgages. In many other cases, as in ...

Block will pay a $40 million civil fine and hire an independent monitor to settle charges by New York's financial services ...

Block will pay a $40 million settlement with the New York State Department of Financial Services, which alleged the fintech company failed to maintain effective anti-money-laundering programs.