"Today’s decision is a win for New Yorkers who depend on check cashers to access their money. DFS’s updated check cashing regulation adopted earlier this year replaced an outdated methodology that granted annual, automatic, CPI-based fee increases to check cashers. The new methodology which has been upheld in court today takes into account the needs of consumers who use check cashing services, creating a fairer fee setting process. I will continue to advance policies that support opportunity and access to quality financial services for all New Yorkers."