Search for: "Merchant Credit Card Solutions, Inc."
Results 41 - 60
of 95
Sort by Relevance
|
Sort by Date
14 Jan 2021, 12:09 pm
First Data Merchant Services, LLC (laundering payments for consumer scams) – First Data, a payment processing company, agreed to pay $40.2 million to resolve FTC charges that it laundered, or assisted laundering of, credit card transactions for scams facilitated by Chi “Vincent” Ko and his company First Pay Solutions LLC. [read post]
14 Jan 2021, 9:14 am
Banks Keep Piling Credit Card Fees on Retailers: Congress Must ActAmerican Banker – January 11, 2021 Interchange fees that banks charge to process card transactions have long been a significant and growing burden, driving up costs for merchants and, ultimately, prices for consumers. [read post]
17 Dec 2020, 8:04 am
Meanwhile, merchant advocates in the United States argue the case could ultimately lay the groundwork for action against card fees that merchants pay and that, they argue, drive up consumer prices. [read post]
12 Nov 2020, 7:24 am
’s $5.3 billion acquisition of Plaid Inc. contains language that could stir expectations of possibly stronger actions against the credit card giant. [read post]
5 Nov 2020, 7:35 am
It has been viewed by fintech companies and merchants as a platform that could one day enable consumers to make purchases without having to rely on debit and credit cards, instead allowing for payments to be made directly from a consumer’s bank account to a merchant’s account. [read post]
29 Oct 2020, 7:36 am
Discover said the streamlined checkout is available at first to U.S. credit card holders, with work ongoing to support debit card transactions and also to bring the technology to markets outside the United States. [read post]
22 Oct 2020, 7:06 am
While card payments account for four in every five pounds spent in retail, they also incur the largest charges with shops charged an average of 18.4p per credit card transaction (up 15% from 2016), and 5.9p for every debit card transaction (up 6% from 2016). [read post]
8 Oct 2020, 8:56 am
Consumers Reach $66.7m Deal With Banks Over ATM FeesLaw360 – October 6, 2020 (subscription required) A group of consumers has asked a D.C. federal judge to preliminarily approve a $66.74 million deal with Bank of America and other financial institutions to end claims they fixed prices with credit card issuers to keep ATM fees inflated. [read post]
10 Sep 2020, 12:36 pm
On August 31, 2020, the District of Arizona welcomed the Supreme Court’s directives in Liu when denying Electronic Payment Solutions of America Inc. [read post]
27 Aug 2020, 8:07 am
Plaid Inc. [read post]
20 Aug 2020, 3:45 pm
Additionally, consumer protection acts, including the Credit Card Accountability Responsibility and Disclosure Act (the “CARD Act”), the Electronic Funds Transfer Act, 12 CFR Part 1005 (“Regulation E”), the Dodd-Frank Act, and FDIC CFR Part 205, are often interpreted to govern mobile payment transactions. [read post]
13 Aug 2020, 6:59 am
Legal and Regulatory Developments SPOTLIGHT: With a Compliance Deadline Looming, Technology Emerges to Ease Gas Pump EMVDigital Transactions News – August 7, 2020 Sound Payments Inc., a multichannel technology provider that offers point-of-sale solutions for the petroleum industry, expects its partnership with National Retail Solutions, a subsidiary of IDT Corp., to accelerate adoption of EMV at in-pump card readers among independent gas stations and… [read post]
6 Aug 2020, 7:14 am
-based iPhone maker has bought Mobeewave Inc., a 9-year-old technology firm based in Montreal. [read post]
16 Jul 2020, 9:23 am
As a result, Wirecard Card Solutions’ (WCS) customers did not have access to their accounts temporarily. [read post]
9 Jul 2020, 7:24 am
InstaReM Expands BizPay – With its solution designed to address friction in supplier commercial card acceptance, Nium‘s InstaReM brand announced the expansion of BizPay into a new market: Australia. [read post]
3 Jul 2020, 6:43 am
AnaCap Financial, Balbec, Banca IFIS and Guber Banca were amongst the buyers who closed deals with the four servicers managing the GACS SPVs; Prelios Credit Servicing, Cerved Credit Management, doValue, and Credito Fondiario. [read post]
2 Jul 2020, 8:40 am
European retailers including Tesco Plc, Ikea and Amazon.com Inc. called last month on the EU to crack down on credit and debit-card fees that they say have increased in other ways after laws capped so-called interchange fees five years ago. . . . [read post]
25 Jun 2020, 8:00 am
-based merchant-services provider. . . . [read post]
12 Jun 2020, 7:44 am
More Transaction Detail on Statements Could Prevent Many Chargebacks, Report SaysDigital Transactions News – June 10, 2020 With chargeback costs poised to grow an estimated 52% by 2023 for U.S. payment card issuers alone, issuers as well as merchants and merchant acquirers have every incentive to reduce those costs. [read post]
28 May 2020, 8:23 am
Visa has approved the Eidoo Card, which will allow Visa merchants to accept crypto-derived fiat currencies, such as the British pound and the euro. [read post]
