Check cashing fees are getting a makeover in New York. New York’s Department of Financial Services said Wednesday (Jan. 18) that it is updating regulations and methodologies tied to check cashing fees — using a data-driven approach to do so. As announced by the agency...
December 07, 2023
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. “Today’s decision is a win for New Yorkers who depend on check cashers to access their money,” Harris said in a Thursday press release. Harris added that the department’s updated check […]
