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27 Sep 2005, 12:30 pm
[JURIST] Four merchant groups have filed an antitrust lawsuit against Visa [corporate website], Mastercard [corporate website], and dozens of major banks, over interchange fees, which retailers pay to issuing banks to receive payment for transactions involving the banks' cards. [read post]
25 Sep 2005, 12:36 pm
[JURIST] A California judge ruled Friday that credit card companies Visa [corporate website] and MasterCard [corporate website] do not have to notify individual consumers whose account data was stolen by an as-yet-unknown hacker in a mass cybertheft disclosed by MasterCard [JURIST report] earlier this year. [read post]
18 Jun 2005, 5:16 am
According to this, as many as 40 mio credit cards were potentially exposed to fraud, of which about 14 mio are MasterCard branded cards. [read post]
18 Jun 2005, 4:04 am
CardSystems said they first discovered the breach on May 22 [press release] and were surprised by MasterCard's decision to inform its customers in light of the [read post]
15 Nov 2004, 5:40 am
[JURIST] American Express announced Monday that it is suing fellow credit card giants Visa and MasterCard, along with eight banks, alleging anticompetitive practices which prevented American Express from issuing credit cards through US banks. [read post]
9 Apr 2003, 9:07 am
Recommended readings from the latest legal news: Republicans Want Terror Law Made Permanent | New York Times Lawmakers want international tribunal to prosecute Iraqi war crimes | CNN Judge Says Visa, MasterCard Hid Fees to Consumers | Law.com Plea deal in terror probe | Newsday U.S. [read post]
29 Nov 1999, 8:00 pm by Glenn
"Facing Cuts, a City Repeals Its Domestic Violence Law" |… 14:09:32, 2011-10-12 Facebook data and the EU privacy directive http://t.co/7ybMGHWN 12:11:03, 2011-10-13 Visa, MasterCard Accused of Fixing Prices, Breaking Antitrust Laws By ATM Group http://t.co/dMqQLzA6 13:12:41, 2011-10-13 9th Circuit–79% reversal rate, 42% of Supreme Court's current docket… http://t.co/bcY9idwe 13:49:35, 2011-10-13 Hedge fund billionaire gets 11-year sentence in securities… [read post]