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19 Apr 2024, 6:00 am
Visa, Mastercard Lose High Court Bid to Review ATM Pricing CaseBloomberg Law – April 15, 2024 (subscription may be required) The US Supreme Court on Monday denied a request to review class certification in a case accusing Visa Inc. and Mastercard Inc. of fixing the price of fees charged at automated teller machines. [read post]
29 Mar 2024, 6:00 am
Legal and Regulatory Developments SPOTLIGHT: Visa, Mastercard Swipe Fee Deal Fails to Stem More LitigationBloomberg Law – March 28, 2024 (subscription may be required) Visa Inc. and Mastercard Inc. [read post]
8 Mar 2024, 6:00 am
But few will think of the consumer-tech Goliath as a payments company. [read post]
26 Feb 2024, 2:48 pm
Chevron, U.S.A., Inc. v. [read post]
25 Jan 2024, 5:51 am
Before joining Model N in 2018, Selig led the people functions for high-tech startups, including SnapLogic and Couchbase, and served for many years in global HR leadership roles at Visa, Inc. [read post]
23 Jan 2024, 8:49 am
Court of Appeals for the District of Columbia in ITServe Alliance, Inc. v. [read post]
22 Dec 2023, 6:00 am
When Apple Inc. was preparing to introduce its Apple Pay feature on the iPhone in 2014, Visa Inc. and Mastercard Inc. worried it would drive down the “lucrative” fees they charge merchants who use their point-of-sale transaction payment networks, but instead of competing, Apple and the credit card companies reached a mutually beneficial anti-competitive agreement, according to the complaint filed by Mirage Wine & Spirits Inc. . . . [read post]
15 Dec 2023, 6:00 am
Visa Launches a Service Aimed at Stopping Fraud Caused by Illegitimate Token RequestsDigital Transactions News – December 13, 2023 Tokenized credentials are supposed to stop fraud by masking card account numbers when a transaction is processed, but according to Visa Inc. global losses owing to illegitimate tokens totaled $450 million last year. [read post]
10 Nov 2023, 6:00 am
Industry Developments SPOTLIGHT: Acquirers Seek Answers from a Visa Surcharging ExecutiveDigital Transactions News – November 3, 2023 More than 10 years after Visa Inc. wrote its rules permitting surcharging on its credit cards, questions remain among acquirers, especially those selling or considering surcharge programs for their merchants. [read post]
27 Oct 2023, 6:00 am
Visa Faces Remaining Litigation Exposure of up to $4BPayments Dive – October 23, 2023 Merchants entrenched in litigation against Visa for years may still be owed as much as $4 billion, the card network company recently told analysts. [read post]
6 Oct 2023, 9:00 am
Visa’s Friendly Fraud Rule Change Could Cut $1 Billion From Small Firms’ Chargeback CostsDigital Transactions News – September 29, 2023 Visa Inc. is touting recent changes to how chargebacks that [read post]
22 Sep 2023, 6:54 am
An Interchange Class-Action Settlement Inches Forward With a Recent Court ActionDigital Transactions News – September 15, 2023 The federal court overseeing a $5.54-billion settlement between millions of card-accepting merchants, on one hand, and Visa Inc. and Mastercard Inc., on the other, over interchange costs recently took several steps that ultimately could get payments out to merchants. [read post]
15 Sep 2023, 6:38 am
Legal and Regulatory Developments SPOTLIGHT: The CFPB Eyes Tech Firms’ Role in Governing Tap-To-PayDigital Transactions News – September 8, 2023 The Consumer Financial Protection Bureau late Thursday released a report raising questions about the part restrictions imposed by big technology firms like Apple Inc. and Alphabet Inc’s Google subsidiary may play in hampering innovation, consumer choice, and the growth of open and decentralized banking and… [read post]
21 Aug 2023, 2:05 am
She also spent a number of years in global HR leadership roles at Visa, Inc. [read post]
21 Aug 2023, 2:05 am
She also spent a number of years in global HR leadership roles at Visa, Inc. [read post]
4 Jul 2023, 2:00 am
COMPANY ONLY INVITED NON-US CITIZENS TO APPLY FOR EMPLOYMENTOn May 22, 2003, the Justice Department announced that it settled a dispute with a New Jersey-based IT recruiting company – Infosoft Solutions Inc. d/b/a KForce Tech LLC.Apparently, over the course of a one-month period, the company posted six job advertisements which invited applicants who were non-US citizens (and in need of visa sponsorship) to apply for positions. [read post]
2 Jun 2023, 7:54 am
Worldpay is a unit of the big processor FIS Inc. . . . [read post]
28 May 2023, 3:05 pm
Hi-Tech Satellite, Inc., 185 Fed.Appx. 782 (11th Cir. 2006), articulated several factors courts use in a balancing test to decide whether an individual is an independent contractor: Continue reading → The post DEFENDING FLORIDA EMPLOYERS: INDEPENDENT CONTRACTOR EXEMPTION TO OVERTIME WAGE CLAIMS appeared first on Florida Business Litigation Lawyer Blog. [read post]
31 Mar 2023, 8:40 am
That’s according to research released late Tuesday by the payments-technology company ACI Worldwide Inc. [read post]
10 Mar 2023, 8:17 am
Mastercard Infringes Digital Wallet Tech Patent, Suit SaysBloomberg Law – March 2, 2023 Mastercard Inc. [read post]
