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12 Nov 2020, 7:24 am by Kristian Soltes
Such accusations are similar to the monopolization claims the DOJ is pursuing against Alphabet Inc. [read post]
10 Nov 2020, 2:31 pm by Chukwuma Okoli
 This is anchored on the reasoning that where the terms of a contract are clear and unambiguous, the duty of the Court is to give effect to them and on no account should it re-write the contract for the parties. [read post]
5 Nov 2020, 7:35 am by Kristian Soltes
Visa is the largest U.S. card network, accounting for the largest dollar amount of credit, debit and prepaid transactions. [read post]
1 Nov 2020, 4:35 pm by INFORRM
The defendants have counterclaimed for copyright infringement, damages, and an account of profits. [read post]
29 Oct 2020, 7:36 am by Kristian Soltes
Industry Developments SPOTLIGHT: Discover Is the Latest to Activate the Common Buy Button as Consumers Go Online in DrovesDigital Transactions News – October 27, 2020 (subscription required) Discover Network on Tuesday became the latest of the Big 4 card networks to launch the Secure Remote Commerce technology the systems settled on last year to simplify and secure online transactions with a single buy button that works with all participating networks. [read post]
26 Oct 2020, 3:59 am by Deb Givens
Justice Department and 11 states filed an antitrust lawsuit against Alphabet Inc’s Google on Tuesday for allegedly breaking the law in using its market power to fend off rivals. [read post]
23 Oct 2020, 11:00 am by Iorio Altamirano
The latest suspension is the result of a FINRA investigation alleging that between August 2015 and April 2017, while employed by Network 1 Financial Services Inc., Vildzius excessively traded the accounts of two customers. [read post]
22 Oct 2020, 7:06 am by Kristian Soltes
While card payments account for four in every five pounds spent in retail, they also incur the largest charges with shops charged an average of 18.4p per credit card transaction (up 15% from 2016), and 5.9p for every debit card transaction (up 6% from 2016). [read post]
16 Oct 2020, 9:00 am by Kristian Soltes
The Paypers – October 15, 2020 Since PSD2 went ‘live’ in September 2019, a raft of Payment Initiation Service Providers (PISPs) has emerged, enabling consumers the fast, convenient option of paying straight from their bank account, as well as offering a range of benefits to merchants. [read post]
15 Oct 2020, 9:00 am by Kristian Soltes
The Paypers – October 15, 2020 Since PSD2 went ‘live’ in September 2019, a raft of Payment Initiation Service Providers (PISPs) has emerged, enabling consumers the fast, convenient option of paying straight from their bank account, as well as offering a range of benefits to merchants. [read post]
9 Oct 2020, 8:20 am by Eugene Volokh
Boyle): Robert Godwin, Sr., Godwin's father, was murdered by Steve Stephens — a video of the murder was briefly posted to Stephens's social media account, part of the social media network that is owned and managed by Facebook, Inc. [read post]
8 Oct 2020, 8:56 am by Kristian Soltes
While Ripple owns a large hoard of XRP, the company maintains that the network that oversees XRP transaction is decentralized like Bitcoin or Ethereum—two rival cryptocurrencies that the SEC has concluded are not centrally controlled, and therefore exempt from securities laws. [read post]