Search for: "Merchants Credit Association"
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13 Aug 2021, 8:15 am
According to a 2019 study, Americans use debit cards almost twice as often as credit cards. [read post]
23 Jul 2021, 8:38 am
Last week, the state enacted a law scrapping its credit surcharge ban and installing restrictions that cap merchant surcharges at 2%, of the value of a transaction, or a merchant’s cost to process the transaction. . . . [read post]
15 Jul 2021, 6:43 pm
The United States has been supportive but distant from the development of what is emerging as a consensus position on the expectations of business (and their supply chains) in the context of human rights effects of their economic activities. [read post]
15 Jul 2021, 7:50 am
GreenSky also issued a “shopping pass” number to consumers that functioned like a credit card and treated acceptance of the shopping pass or associated funds as acceptance of the loan. [read post]
9 Jul 2021, 10:11 am
The regulation challenged by the North Dakota Retail Association and North Dakota Petroleum Marketers Association was issued 10 years ago, well past the six-year deadline to file suit, the Board of Governors of the Federal Reserve System argued Friday. [read post]
6 Jul 2021, 11:06 am
Failing to refund associated fees and credit interest when resolving disputes in the consumer’s favor. [read post]
3 Jul 2021, 4:37 am
Editor’s Note: Since beginning in November 2001 to track the number of publicly highlighted merger, acquisition, and investment (M&A+I) events in the eDiscovery ecosystem, ComplexDiscovery has recorded 482* M&A+I events. [read post]
25 Jun 2021, 8:52 am
The move marks a shift by the Australian fintech star, which had so far limited customers to just its partner merchants. [read post]
18 Jun 2021, 8:16 am
Visa, Mastercard Accused of Being Cartel in Square Fees SuitLaw360 – June 16, 2021 (subscription required) A proposed class of small businesses that use the Square e-commerce payment platform for transactions launched an antitrust suit against Visa and Mastercard on Wednesday, saying the credit card companies acted as a cartel by using their vast market share to keep fees associated with credit and debit card transactions high. [read post]
11 Jun 2021, 9:20 am
If signed into law, only Connecticut and Massachusetts would still prohibit credit card surcharging. [read post]
1 Jun 2021, 10:11 am
Such laws include the Equal Credit Opportunity Act, Fair Credit Reporting Act, Telephone Consumer Protection Act, Servicemember Civil Relief Act, Truth in Lending Act, and the Electronic Fund Transfer Act. [read post]
14 May 2021, 7:51 am
Supreme Court ruling against the credit card companies over their merchant fees. [read post]
12 May 2021, 10:59 am
The proposal quickly met with criticism from leading banking trade groups, including the American Bankers Association, Consumer Bankers Association, and Bank Policy Institute. [read post]
6 May 2021, 8:24 am
The North Dakota Retail Association and the North Dakota Petroleum Marketers Association filed the lawsuit in the U.S. [read post]
29 Apr 2021, 8:26 am
Airbnb’s use of Visa’s real-time push payments platform — Visa Direct — enables hosts to easily move money from Airbnb to a bank account associated with a Visa debit card. [read post]
29 Apr 2021, 5:01 am
Data brokers count among their customers advertisers, merchants, employers, bankers, insurers, police departments, schools, hospitals, and others. [read post]
22 Apr 2021, 8:58 am
The hearing featured three law professors, a representative of the National Association of Federally-Insured Credit Unions (NAFCU) and former U.S. [read post]
16 Apr 2021, 8:43 am
The companies accuse the credit card behemoths of violating European Union and national competition law by forcing businesses to pay inflated merchant service charges. [read post]
1 Apr 2021, 8:44 am
The Retail Industry Leaders Association and the National Retail Federation are asking to intervene in longstanding multidistrict class action litigation brought by merchants against Visa and Mastercard over fees charged to process credit card transactions. [read post]
1 Apr 2021, 5:53 am
Court Reporting Business (Divestiture)Veritext Legal Solutions 11-Feb-19Propulse VideoTransPerfect 11-Feb-19QUiVX eDiscoveryXact Data Discovery 7-Feb-19Luminance (Investee)Invoke Capital, Talis Capital, and Slaughter and May (Investors)$10,000,000 31-Jan-19Catalyst Repository SystemsOpenText$75,000,000 25-Jan-19Cognatio LawElevate 24-Jan-19DISCO (Investee)Georgian Partners, Bessemer Venture Partners, LiveOak Venture Partner, The Stephens Group, Comerica (Investors)$83,000,000 21-Jan-19Yerra… [read post]
