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26 Jun 2020, 3:00 am by Jim Sedor
But recent days have marked a shift in that thinking as states reopen for business and more Americans venture out in public. [read post]
18 Jun 2020, 7:26 am by Kristian Soltes
Express Company, a joint venture between American Express and LianLian DigiTech, a Chinese FinTech services company, are expected to begin processing transactions later this year. [read post]
17 Jun 2020, 1:12 am by Michael Douglas
They may be expressed as service of suit clauses… They may provide for arbitration… They may be standard form… They may be bespoke… They may be asymmetric… They may and often will be coupled with choice of law clauses… They may be multi-tiered, providing first for a process of mediation, whether informal or formal, or informal and then formal, before providing for arbitral or judicial dispute resolution… Dispute resolution clauses are just as… [read post]
14 Jun 2020, 1:44 pm
Pix credit HEREEthics has always been a term that is easy to pronounce, easier to segregate and narrow, and nearly impossible to produce easy answers. [read post]
9 Jun 2020, 11:07 am by Colleen McDonald and Nicholas Dugdale
  FOOTNOTES [1] The American Financial Services Association, Bank Policy Institute, Credit Union National Association, the Housing Policy Council, Mortgage Bankers Association and Securities Industry and Financial Markets Association were all signatories to a May 17 letter to AB 2501’s author Assembly Member Limón. [read post]
8 Jun 2020, 12:36 pm by Robert M. Travisano
Banks are Sued By Loan Applicants On the heels of these developments, two recent lawsuits challenge banks’ augmenting statutorily-express PPP eligibility requirements, as summarized below. [read post]
4 Jun 2020, 7:30 am by Kristian Soltes
Despite being characterized by high transaction values, corporate card spend may no longer be a driver of growth for American Express, the firm’s chairman and CEO Steve Squeri recently said during a conference, according to The Company Dime. [read post]
3 Jun 2020, 7:42 am by Marty Lederman
  At the end of the post I’ll also comment on a couple of other important aspects of the McGahn case, namely, (i) that even if the House has standing to sue, it’s still far from certain whether McGahn will ever provide significant testimony to the Judiciary Committee; and (ii) that the panel opinion itself demonstrates that DOJ’s substantive argument—that close presidential aides have absolute “testimonial immunity” from congressional process even after… [read post]
30 May 2020, 6:31 am by Amy Howe
Roberts wrote a short opinion to express his agreement with (and to explain) the denial of the church’s request. [read post]
29 May 2020, 3:00 am by Jim Sedor
A three-judge panel on the District of Columbia Circuit Court of Appeals upheld a federal judge’s decision not to grant a request by the American Association of Political Consultants for a preliminary injunction. [read post]
24 May 2020, 4:06 pm by INFORRM
Meanwhile, frontline lawyers continue to express concern about the impact of remote hearings for clients. [read post]
19 May 2020, 12:20 pm by Kate Cox
That agreement provides $5.5 million to "all financial institutions in the United States" that issued a Visa, MasterCard, Discover, or American Express card that was identified in the breach, except for banks that explicitly request to be excluded from the class. [read post]
17 May 2020, 9:01 pm by Neil H. Buchanan
That agency is the Federal Reserve, the central bank of the United States. [read post]
15 May 2020, 10:19 am by bhorton
Payment systems have underlying inequalities baked in, and American Express illustrated some of these disparities. [read post]
14 May 2020, 9:05 pm by Max Masuda-Farkas
” In a report published by the Center for American Progress, senior policy analyst Gregg Gelzinis advocated greater bank capital requirements, especially amid the coronavirus economic crisis. [read post]
14 May 2020, 8:35 am by Kristian Soltes
Like Discover, American Express’ new deadline is April 16, 2021, but Visa’s new deadline is April 17, 2021. . . . [read post]