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23 Jul 2020, 7:22 am by Kristian Soltes
Perennial competitor Mastercard Inc. likewise made a move into the fintech infrastructure space last month, snapping up Salt Lake City-based Finicity in a deal that could be worth just under $1 billion to expand its foray into open banking. [read post]
20 Jul 2020, 2:46 am by Bright!Tax Writers
Transferwise also offers free multicurrency business accounts, and multicurrency Mastercard debit cards that allow expats to receive and spend in different currencies and countries without incurring bank fees. 4 – Earth Class Mail Earth Class Mail allows expats to receive mail in a virtual address in the US. [read post]
16 Jul 2020, 9:23 am by Kristian Soltes
Notably, Paypal became the first company to quit the consortium followed by Mastercard, Visa, and others. . . . [read post]
9 Jul 2020, 7:24 am by Kristian Soltes
Major payments service providers, gateways and acquirers across the ecosystem have also been roped in to the initiative, including the likes of ACI Worldwide, Aurus, Blackbaud, BlueSnap, Braintree, Cybersource, Global Payments, Mastercard Payment Gateway Services and Square. [read post]
6 Jul 2020, 3:12 am by Deb Givens
  EU antitrust regulators will decide by Aug. 3 whether to clear Mastercard Inc. [read post]
2 Jul 2020, 5:08 am by Dennis Kennedy
Since I retired from Mastercard, my Zoom calls have not been so much about specific work issues, but with groups of legal innovators—in-house counsel, outside counsel, legal tech vendors—intimately involved in the efforts to cope with the current crises. [read post]
30 Jun 2020, 4:00 am by CMS
MasterCard and Visa argued that this was an “unduly onerous” standard of proof. [read post]
25 Jun 2020, 8:00 am by Kristian Soltes
Industry Developments SPOTLIGHT: With an $825-Million Deal for Finicity, Mastercard Picks up Open-Banking Tech for POS CreditDigital Transactions News – June 23, 2020 Mastercard Inc. [read post]
24 Jun 2020, 3:00 am by Jacki
Although they did not admit to any wrongdoing as part of the settlement, Visa and MasterCard set aside funds to compensate any merchant that accepted Visa or MasterCard credit or debit cards between January 1, 2004, and January 25, 2019. [read post]
18 Jun 2020, 7:26 am by Kristian Soltes
Visa, Mastercard Lose Swipe Fee Antitrust Appeals At Top UK CourtLaw 360 – June 17, 2020 The U.K. [read post]
17 Jun 2020, 4:04 am by Matrix Legal Support Service
Visa and Mastercard sought to appeal the Court of Appeal’s decision on four grounds. [read post]
16 Jun 2020, 2:18 pm by Kevin LaCroix
John Reed StarkIs a company’s post-breach forensic report subject to discovery in subsequent breach related litigation? [read post]
15 Jun 2020, 2:42 am by Edgar (aka MrConsumer)
It announced that the company was going to send him a business debit Mastercard to accompany his PayPal account. [read post]
12 Jun 2020, 7:44 am by Kristian Soltes
BitPay’s Prepaid Mastercard Launches in US to Make Crypto AccessibleCointelegraph – June 11, 2020 Blockchain payments provider BitPay has launched a Mastercard prepaid card for crypto users in the United States. [read post]
8 Jun 2020, 2:02 am by Matrix Legal Support Service
The Advocate General representing the Commissioners of HMRC v K E Entertainments Ltd (Scotland), heard 29 April 2020 Stoffel & Co v Grondona, heard 5 May 2020 Ecila Henderson (A Protected Party, by her litigation friend, The Official Solicitor) v Dorset Healthcare Trust, heard Monday 11- Tuesday 12 May 2020 Mastercard Incorporated & Ors v Walter Hugh Merricks CBE, heard Wednesday 13- Thursday 14 May 2020 AP v Her Majesty’s Advocate (Scotland), heard 3 June 2020. [read post]
28 May 2020, 8:23 am by Kristian Soltes
The Reserve Bank’s Payments System Board directed banks more than two years ago to allow retailers to select the cheapest network to process contactless debit payments instead of the longstanding practice of banks routing such transactions to Visa and Mastercard. . . . [read post]
21 May 2020, 8:47 am by Kristian Soltes
The closely-watched Mastercard dispute is one of the biggest pieces of litigation in recent years. . . . [read post]
20 May 2020, 4:34 am
A lead partner on the high-profile dispute describes how his firm managed the Supreme Court virtual hearing in the face of the disruption brought about by the COVID-19 pandemic. [read post]