Search for: "Custom Payment Systems LLC" Results 1 - 20 of 480
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21 Sep 2017, 11:29 am by Doyle, Barlow & Mazard PLLC
According to TCH, it claims that it will create and operate the Real Time Payment system (“RTP”) – a new payment rail that will provide for real-time funds transfers between depository institutions – and in turn, RTP will allow depository institutions to enable faster fund transfers for their end-user customers. [read post]
18 Jan 2019, 7:00 am by Aaron Lancaster and Sara Goldstein
On Jan. 10, 2014, Neiman Marcus publicly announced that it had experienced a security incident involving its payment processing system that may have resulted in unauthorized access to the payment card data of thousands of its customers. [read post]
3 Aug 2022, 3:08 pm by Brian Turetsky
On July 29, the Federal Trade Commission (“FTC”) announced a settlement with First American Payment Systems LP, a Texas-based nationwide payment processor, and two of its sales agent affiliates, Think Point Financial LLC and Eliot Management Group LLC (collectively, “First American”), in an action alleging hidden terms, “surprise” exit fees, and charges made to merchants without their consent. [read post]
4 Feb 2020, 6:00 am by Bob Ambrogi
The practice management company Rocket Matter is announcing today that it has acquired LexCharge LLC, a payment processing company that specializes in handling payments for legal professionals. [read post]
28 Mar 2011, 2:15 pm by Hunton & Williams LLP
On March 28, 2011, the Briar Group, LLC, owner and operator of several Boston-area bars and restaurants, reached a settlement with Massachusetts Attorney General Martha Coakley regarding the breach of “tens of thousands” of consumers’ payment card information. [read post]
19 Jan 2024, 6:00 am by Michelle
LLC, which could not be reached for comment regarding the FedNow milestone. . . . [read post]
7 Aug 2019, 9:23 am by Kristian Soltes
Facebook Inc. has announced plans to launch a cryptocurrency-based payments system on the back of its social network, while Chinese giants Alibaba Group Holding Ltd. and Tencent Holdings Ltd. have developed digital payments systems that dominate in that country. . . . [read post]
23 Feb 2010, 3:00 pm by Jason R. Doss
The firm's system, however, was not configured or designed to monitor RCN transactions or RCN positions in customer accounts and the firm did not establish an effective alternative means to do so. [read post]
7 Apr 2022, 3:17 pm by Zak Gowen
—two of the seven big financial institutions that own Early Warning Services LLC, operator of the Zelle network—are lobbying to expand the service to retail payments. [read post]
23 Feb 2010, 3:00 pm
The firm's system, however, was not configured or designed to monitor RCN transactions or RCN positions in customer accounts and the firm did not establish an effective alternative means to do so. [read post]
1 Oct 2021, 8:47 am by Kristian Soltes
A video shows the researchers from the Computer Science departments of Birmingham and Surrey Universities making a contactless £1,000 (almost $1,350) payment from a locked iPhone, the report says, but Apple called the glitch “a concern with a Visa system. [read post]
27 Oct 2023, 6:00 am by Michelle
“Interlinking arrangements among fast payment systems (FPS) are one of the most promising solutions for enhancing cross-border payments, offering the prospect of significantly faster, cheaper, more accessible and transparent cross-border payments,” the report said. . . . [read post]
10 Jun 2022, 7:22 am by Kristian Soltes
Until now, PayPal had been a closed system, with customers only able to buy and sell crypto from PayPal itself and spend it only within PayPal’s 32 million-strong Merchant Network. . . . [read post]
3 Dec 2021, 9:49 am by Kristian Soltes
The center, in partnership with the Bank for International Settlements (BIS) Innovation Hub, will help the central bank improve the current payments system, Fed Chair Jerome Powell said in remarks prepared for a virtual event on Monday. [read post]
22 Dec 2020, 6:40 am by Christine Emello
The CFPB and the Arkansas Attorney General announced that they filed a proposed stipulated judgment and order settling their Fair Credit Reporting Act (FCRA) and Consumer Financial Protection Act of 2010 (CFPA) claims against Alder Holdings, LLC, a home-alarm company that extends closed-end credit to its customers by providing them the right to defer payment for Alder’s alarm and security-system equipment over the life of a long-term contract. [read post]