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

Regulators said the payment company did not provide sufficient customer identification and monitoring, increasing risk for ...

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

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

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

Block (XYZ) will pay a $40M penalty for failures in its Bank Secrecy Act/Anti-Money Laundering compliance program, the New York State Superintendent of Financial Services Adrienne A. Harris said on ...

On April 3, 2025, the New York State Department of Financial Services (“DFS”) issued reminders about upcoming implementation and reporting ...

How Liren Wei, of the New York State Society of Certified Public Accountants, rose to the top of her profession and landed on ...

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

By placing migrants in Social Security’s “death master file,” the Trump administration is seeking to cut off their access to ...

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 ...

Block Inc. has agreed to a $40 million settlement with the NYDFS following allegations of compliance failures tied to its ...