Search for: "Mastercard Worldwide" Results 21 - 40 of 125
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5 Apr 2022, 5:01 am by Emily Jin
Most recently, the Russian Mir card network is looking to further integrate with China’s UnionPay as Visa and Mastercard suspended their services to Russia. [read post]
17 Dec 2021, 11:17 am by Kristian Soltes
Like its biggest competitor, Mastercard Inc., Visa has spent the better part of the past few years rolling out new products to address that disconnect in a bid to incorporate cryptocurrencies into their more deeply into their operations. [read post]
17 Dec 2021, 11:17 am by Kristian Soltes
Like its biggest competitor, Mastercard Inc., Visa has spent the better part of the past few years rolling out new products to address that disconnect in a bid to incorporate cryptocurrencies into their more deeply into their operations. [read post]
18 Jun 2021, 8:16 am by Kristian Soltes
In a 55-page complaint filed in New York federal court, the businesses claim that Visa and Mastercard extracted “monopoly rents from customers” in setting interchange fees. [read post]
11 Jun 2021, 9:20 am by Kristian Soltes
Legal and Regulatory Developments SPOTLIGHT: A Surcharging Bill Advances to the Colorado Governor’s DeskDigital Transactions News – June 9, 2021 Soon, there might be just two states that prohibit credit card surcharging with the passage Tuesday of a bill in Colorado that would permit the pricing strategy. [read post]
14 May 2021, 7:51 am by Kristian Soltes
Retailers Seek Quick Win in Mastercard, Visa Swipe Fees SuitLaw360 – May 12, 2021 (subscription required) Hundreds of retailers asked a tribunal on Wednesday to rule that Visa and Mastercard overcharged them to process card purchases, arguing that it is bound by a U.K. [read post]
6 May 2021, 8:24 am by Kristian Soltes
As stores closed and social distancing took hold, retailers worldwide moved their businesses online, embraced e-commerce and explored the potential of new ways to pay. [read post]
22 Apr 2021, 8:58 am by Kristian Soltes
The global gig economy is projected to be worth $455 billion by 2023, according to a study from Mastercard and Kaiser Associates. [read post]
1 Apr 2021, 8:44 am by Kristian Soltes
Mastercard, Rivals ‘Ran Cartel’ on Cards for the Vulnerable, UK Watchdog SaysReuters – March 31, 2021 Mastercard is among five companies which broke the law for cartel behaviour when offering pre-paid cards to vulnerable members of society, Britain’s Payment Systems Regulator said on Wednesday. [read post]
22 Mar 2021, 5:16 am by Andrew Lavoott Bluestone
And, contrary to defendants’ argument, at the pleading stage, plaintiff need not show that MasterCard would have actually paid plaintiff licensing fees for the Mark or that plaintiff was in a financial position to defend the Mark (see Inkine Pharmaceutical Company, Inc., 305 AD2d at 152 [plaintiff sufficiently stated a claim for legal malpractice based on allegations that “defendants’ negligence in failing to timely file the Asian patent on the pharmaceutical product at… [read post]
5 Nov 2020, 7:35 am by Kristian Soltes
Legal and Regulatory Developments SPOTLIGHT: Justice Department Files Antitrust Lawsuit Challenging Visa’s Planned Acquisition of Plaid Wall Street Journal – November 5, 2020 (subscription required) The Justice Department filed an antitrust lawsuit Thursday that seeks to block Visa Inc. [read post]
8 Oct 2020, 8:56 am by Kristian Soltes
If it gets the green light, the deal would be the first settlement out of class actions stretching back roughly nine years, encompassing three different cases in district court against Visa, MasterCard and a host of banking companies over ATM surcharges. [read post]
27 Aug 2020, 8:07 am by Kristian Soltes
Visa Inc. and Mastercard Inc. have already extended the deadline from the original cut-off of Oct. 2017 to April 2021. [read post]