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It was found that Safetech did not force users to reset default passwords, and did not encrypt passwords sent over the network. [read post]
31 Mar 2023, 8:40 am by Zak Gowen
Rising swipe fees — the fees big banks and credit card networks charge merchants to process transactions — could cost the average consumer the equivalent of a dozen eggs this Easter and potentially total more than half a billion dollars nationwide, according to the Merchants Payments Coalition (MPC). . . . [read post]
6 May 2021, 8:24 am by Kristian Soltes
Jeff Sloan, Global Payments’ chief executive, told equity analysts Tuesday the Zego deal should close later this quarter, while the PayOne acquisition will close in the second half of the year. [read post]
15 Oct 2010, 9:15 am
The substantial evidence suggested that the LLCs should not be excluded.With respect to the proposed market defined by "airport-pairs," the expert for the plaintiffs contended that there were "time-sensitive passengers" who were willing to pay more for access to a preferred airport in a particular metropolitan area. [read post]
8 Oct 2020, 8:56 am by Kristian Soltes
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]
7 Jan 2022, 2:20 pm by luiza
Interactive Brokers LLC – In a more traditional CFTC action, the brokerage firm Interactive Brokers LLC agreed to pay $84.3 million in penalties and restitution for its alleged mishandling of consumer accounts. [read post]
7 Jan 2022, 2:20 pm by luiza
Interactive Brokers LLC – In a more traditional CFTC action, the brokerage firm Interactive Brokers LLC agreed to pay $84.3 million in penalties and restitution for its alleged mishandling of consumer accounts. [read post]
3 Feb 2020, 6:05 am by Rob Robinson
By utilizing our extensive executive and operating advisor network, Knox makes tailored investments across industries in partnership with owners and management. [read post]
Telephone Consumer Protection Act (TCPA) – On November 13, the Supreme Court agreed to decide whether the Hobbs Act (also known as the Administrative Orders Review Act) requires the district court to accept the Federal Communications Commission (FCC) interpretation of the TCPA, in PDR Network, LLC v. [read post]
16 Aug 2012, 1:46 pm by Jeffrey May
Department of Justice and the State of New York filed a complaint today in the federal district court in Washington, D.C. against Verizon and four of the nation’s largest cable companies—Comcast Corporation, Time Warner Cable Inc., Bright House Networks, LLC, and Cox Communications, Inc. [read post]
10 Oct 2018, 12:40 pm by Kevin LaCroix
John Reed Stark Earlier this week, media reports circulated that this past spring Google had exposed the private data of thousands of the Google+ social network users and then opted not to disclose the issue, in part because of concerns that doing so would draw regulatory scrutiny and cause reputational damage. [read post]
22 Jun 2011, 6:07 pm
The Fair Debt Collection Practices Act protects consumers from various unsavory practices that are sometimes employed by debt collectors. [read post]
22 Jun 2011, 6:07 pm
The Fair Debt Collection Practices Act protects consumers from various unsavory practices that are sometimes employed by debt collectors. [read post]
28 Aug 2019, 5:24 am by Kristian Soltes
’s recent acquisition of Vyze, the consumer-finance space is heating up with the big players of the finance world entering the arena. [read post]