News
New York Moves to Curb “AI Impersonation” of Licensed Professionals
1+ day, 8+ hour ago (867+ words) New York legislators are taking aim at artificial intelligence (AI) chatbots that may blur the line between automated assistance and professional advice. A recently advanced bill would make it unlawful for AI chatbots to pose as doctors, therapists, lawyers, or…...
New York Enacts Landmark Buy Now Pay Later Regulation Amid Federal Regulatory Recalibration
9+ mon, 2+ week ago (450+ words) The new law adds Article 14-B to the New York Banking Law, requiring BNPL providers to obtain a license from the NYDFS before operating in the state. These providers must comply with regulatory expectations akin to traditional lenders " a signal…...