State of New York

Capital One subpoenaed by N.Y., feds over taxi loans

10/31/19

The McLean, Va.-based company is under law enforcement scrutiny for loans that helped propel a boom and bust in the taxi medallion market in New York City.

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CFPB, N.Y. settlement would ban Buffalo debt collectors from industry

07/25/19

State and federal authorities say the network of firms in upstate New York sought debts that consumers weren't obligated to pay and impersonated government officials, among other things.

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Taxi loan abuses part of a broader pattern in New York

05/24/19

In a state where laws are unusually favorable to high-cost business lenders, taxi drivers are not the only small-business people getting trapped in loans they can't afford to pay back. The question is, what are policymakers going to do about it?

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How banks are coping with New York’s cybersecurity rules

09/05/17

The first compliance deadline fell last week for the state’s strict new regulation. Banks are struggling with certain elements, such as multifactor authentication.

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