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Hochul vetoes bill designed to protect users of payment apps after murders of gay men

Summary by Gay City News
Governor Kathy Hochul on Dec. 13 vetoed legislation crafted to protect users of peer-to-peer money transfer apps in the aftermath of a string of deadly attacks in recent years targeting gay men who were robbed by assailants who took advantage of security loopholes to steal thousands of dollars. Brad Hoylman-Sigal, an out gay state senator representing Manhattan’s west side, was motivated to take action on the issue alongside Manhattan Assemblyme…

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Gay City NewsGay City News

Hochul vetoes bill designed to protect users of payment apps after murders of gay men

Governor Kathy Hochul on Dec. 13 vetoed legislation crafted to protect users of peer-to-peer money transfer apps in the aftermath of a string of deadly attacks in recent years targeting gay men who were robbed by assailants who took advantage of security loopholes to steal thousands of dollars. Brad Hoylman-Sigal, an out gay state senator representing Manhattan’s west side, was motivated to take action on the issue alongside Manhattan Assemblyme…

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americascreditunions.orgamericascreditunions.org

N.Y. governor vetoes credit union-opposed financial services legislation

New York credit unions voiced numerous operational challenges, which Gov. Kathy Hochul cited in her veto letter.

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W42ST MagazineW42ST Magazine

Governor Vetoes Mobile Cash Security Bill Sparked by Hell’s Kitchen Murders

Governor Kathy Hochul has vetoed a bill aimed at making mobile banking transactions more secure following two high-profile Hell’s Kitchen murders, saying it would be too onerous to implement. Senator Brad Hoylman-Sigal (right) at the Justice for Julio Ramirez vigil in June 2022. Photo: Phil O’BrienThe Financial App Security Act, which passed unanimously in the past state legislative session, would have required mobile banking applications like Z…

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W42ST Magazine broke the news in on Tuesday, December 17, 2024.
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