Navigating the NYDFS' Cybersecurity Guidance on AI — The Consumer Finance Podcast
Will Resiliency Carry the Digital Asset Sector Through 2024: State-Level Developments — The Crypto Exchange Podcast
Climate Risk, the emerging risk
The NYDFS Updates Its Stringent Cybersecurity Regulations. Is This a Bellwether of Coming Industry Change? - The Consumer Finance Podcast
How the New York Department of Financial Services (DFS) Regulates Virtual Currency, a Close Look with Special Guest Kaitlin Asrow, Executive Deputy Superintendent of Research and Innovation, DFS
Compliance Into The Weeds - DFS Fines Carnival Cruise Lines for Cyber Failures
Compliance into the Weeds: DFS First Cyber Case-First American Title
Videocast: Asset management regulation in 2020 videocast series – Regulators step up pressure to implement LIBOR transition plans
Your Cyber Minute: State influences bring a new dawn of cyber regulations
Your Cyber Minute: Compliance with the Proposed NYDFS Cybersecurity Regulation
Your Cyber Minute: Harriet Pearson and Greg Lisa on the Proposed NYDFS Cyber Security Regulation
On April 30, 2026, the New York State Department of Financial Services (DFS) announced a $2.25 million cybersecurity settlement with Delta Dental Insurance Company (DDIC) and Delta Dental of New York, Inc. (DDNY)...more
On April 22, the NYDFS issued an industry letter reminding entities regulated under the New York Banking Law of their obligations under Section 296-a of the New York Executive Law, New York’s fair lending statute. The letter...more
Even during times of change regarding regulatory priorities, regulators remain focused on cybersecurity, information governance and data privacy across the financial services sector. But in recent times, two priorities have...more
Federal rulemaking implementing Section 1033 of the Consumer Financial Protection Act remains stalled by litigation over the legality of the Consumer Financial Protection Bureau's 2024 "open banking" final rulemaking and the...more
On April 22, NYDFS issued an industry letter to all entities regulated by the department under the New York Banking Law, outlining their obligations under New York’s fair lending law, N.Y. Executive Law § 296-a. The letter...more
Below, you will find a recap and key takeaways. Digital assets and blockchain are here to stay, and insurance carriers are eager to provide coverage to these emerging industries....more
In prior posts, we discussed the amendments to 23 NYCRR Part 500 (Part 500) ahead of the April 15 deadline to certify compliance with Part 500 and the increasing focus on multifactor authentication (MFA) as a key...more
New York Governor Kathy Hochul recently signed Senate Bill 8828, which overhauls the Responsible AI Safety and Education Act (RAISE Act). When Gov. Hochul signed the RAISE Act in December 2025, she issued an accompanying...more
In its April 6, 2026 issue, “Inside the CFPB,” a widely read subscription publication published by “Inside Mortgage Finance Publications” highlighted our recent podcast episode released on April 2, 2026 featuring discussion...more
New York became the first state to publish comprehensive regulations governing Buy Now, Pay Later (“BNPL”) financing on February 23, 2026, and the implications for retail finance are significant. The proposed rule implements...more
Financial institutions covered by 23 NYCRR Part 500 (Part 500) (covered entities) must annually certify their compliance with these cybersecurity regulations....more
Every year by April 15, financial entities subject to the New York Department of Financial Services (NYDFS) oversight (covered entities) are required to certify their compliance with the NYDFS’ cybersecurity regulations, 23...more
On February 23, 2026, the New York State Department of Financial Services (NYDFS) published a proposed regulation (the Proposed Regulation) implementing the state’s Buy Now, Pay Later (BNPL) Act, which was signed into law by...more
Financial Institutions and Crypto Payments Companies Launch Products, Collaborations - A major U.S. financial institution that operates one of the world’s largest card payment networks recently announced its Crypto Partner...more
New York’s pioneering Buy-Now/Pay-Later (“BNPL”) Law is one step closer to taking effect with the issuance of pre-proposed regulations by the state’s Department of Financial Services (“NYDFS”) on February 23, 2026....more
Gov. Kathy Hochul and the New York Department of Financial Services (DFS) on February 23, 2026, issued a Draft Proposal that would, for the first time, establish a comprehensive regulatory framework for buy-now-pay-later...more
The New York Department of Financial Services (NYDFS) held a webinar on Feb. 26 to provide guidance on the Part 500 Cybersecurity Regulation second amendment’s (Part 500) multifactor authentication (MFA) requirements that...more
New York is moving to establish a dedicated licensing and consumer-protection regime for Buy Now, Pay Later (BNPL) products. The New York legislature enacted the Buy Now Pay Later Act (Article 14-B of the New York Banking...more
On March 3, NYDFS issued an industry letter warning regulated financial entities of heightened cybersecurity threats stemming from ongoing global conflicts. The department noted that while it had not observed signs of a...more
Two months after the New York Department of Financial Services (“NYDFS”) updated its Frequently Asked Questions (“FAQs”), which we wrote about here, NYDFS has released updated FAQs on multifactor authentication (“MFA”) that...more
New York has taken a significant step toward comprehensive regulation of buy now, pay later (BNPL) by requiring licensure and disclosures designed for credit cards, even though BNPL transactions are closed end....more
On February 23, 2026, the New York State Department of Financial Services (DFS) proposed new regulations to implement the Buy-Now-Pay-Later Act enacted in May of last year. If adopted, the proposed rule would regulate the...more
Under the revised NYDFS Cybersecurity Regulation, covered entities must implement and enforce MFA for all access to all information systems — not just adopt MFA tools — and carefully document any CISO-approved compensating...more
Buy-now, pay-later plans have seen rapid and widespread popularity among consumers and retailers. Acting in a perceived regulatory vacuum at the federal level, New York has adopted legislation to protect consumers as part of...more
The New York Department of Financial Services has published proposed rules governing Buy Now, Pay Later (BNPL) financing plans operating in the state. ...more