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30 Jul 2020, 7:14 am
Deep Dive: How the COVID-19 Pandemic Is Shifting Latin America’s Open Banking PlansPYMNTS – July 23, 2020 Open banking has been picking up steam in Latin America for more than two years. [read post]
22 Apr 2022, 6:18 am
Wawa said that Mastercard slapped a “purported incident-related penalty” on Bank of America NA in violation of Mastercard’s agreement with Bank of America as well as the laws governing the contract. [read post]
2 Jul 2020, 8:40 am
Fintech Startup Plaid, Inc. [read post]
11 Jun 2021, 9:20 am
While recognizing that CBDC proposals are often driven by laudable goals, the American Bankers Association has cautioned that the introduction of a CBDC could “fundamentally change the role of the central bank in the United States and reshape the banking system. [read post]
26 Aug 2021, 8:58 am
Biden Takes on Visa, Mastercard Over Debit Card Fees: ExplainedBloomberg Law – August 20, 2021 The Biden administration wants to loosen the grip that Visa Inc. and Mastercard Inc. have on routing debit card payments in online transactions and the billions in so-called interchange fees that come with it. [read post]
26 Aug 2021, 8:58 am
Biden Takes on Visa, Mastercard Over Debit Card Fees: ExplainedBloomberg Law – August 20, 2021 The Biden administration wants to loosen the grip that Visa Inc. and Mastercard Inc. have on routing debit card payments in online transactions and the billions in so-called interchange fees that come with it. [read post]
14 May 2020, 8:35 am
The Wall Street Journal reported on Tuesday that two prominent bitcoin exchanges, Coinbase Inc. and Gemini Trust Co., have become banking customers of JPMorgan Chase, citing people familiar with the matter. . . . [read post]
6 Aug 2020, 7:14 am
-based iPhone maker has bought Mobeewave Inc., a 9-year-old technology firm based in Montreal. [read post]
24 Jun 2022, 9:58 am
In a joint stipulation filed by Costco Wholesale Corp. and the defendants, including Visa Inc., Mastercard Inc., Bank of America Corp., JPMorgan Chase & Co., Citigroup Inc., and Wells Fargo & Co., the parties told the court that the wholesale retailer “fully settled all of its claims against all of the defendants” but did not disclose details of the deal. . . . [read post]
24 Jun 2022, 7:23 am
In a joint stipulation filed by Costco Wholesale Corp. and the defendants, including Visa Inc., Mastercard Inc., Bank of America Corp., JPMorgan Chase & Co., Citigroup Inc., and Wells Fargo & Co., the parties told the court that the wholesale retailer “fully settled all of its claims against all of the defendants” but did not disclose details of the deal. . . . [read post]
18 Mar 2022, 8:56 am
Though Visa Inc. and Mastercard Inc. have historically revised their rate schedules each April and October, “this April is particularly significant,” says Callum Godwin, the Atlanta-based chief economist for CMSPI, a United Kingdom-based research firm. [read post]
8 Oct 2020, 8:56 am
” The named consumer plaintiffs in the case at hand, Andrew Mackmin and Sam Osborn, reached the deal with Bank of America, National Association; NB Holdings Corp.; Bank of America Corp.; Chase Bank USA NA; JPMorgan Chase & Co.; JPMorgan Chase Bank NA; Wells Fargo & Co.; and Wells Fargo Bank NA. . . . [read post]
8 Jul 2019, 6:22 am
World Bank Unit Implicated in Latin America Graft Scandal. [read post]
12 Jun 2019, 6:38 am
In their motion for preliminary approval of the settlement filed Friday, the account holders said Bank of America has agreed to pay $4.9 million to form an all-cash, nonreversionary settlement fund for the benefit of the proposed class of more than 73,000 account holders who were charged at least one overdraft fee as a result of a nonrecurring debit card transaction originating from merchants including Lyft Inc., Grubhub Inc. and Doordash Inc. .… [read post]
22 Oct 2020, 7:06 am
Samsung Sued for Infringing Contactless Payment PatentsLaw Street Media – October 19, 2020 RFCyber Corp. filed a complaint for patent infringement against defendants Samsung Electronics Co., Ltd. and Samsung Electronics America, Inc. on Friday in the Eastern District of Texas, alleging that Samsung infringed its contactless payment method via its Samsung Pay service on its mobile devices. [read post]
21 Jul 2011, 2:31 pm
The joint report cited the usual suspects including Citibank, Bank of America, JPMorgan Chase and Wells Fargo, Ally Financial Inc., Aurora Bank, EverBank, HSBC, MetLife Bank, OneWest Bank, PNC, Sovereign Bank, SunTrust Banks, U.S. [read post]
16 Nov 2009, 1:11 pm
$126.38B Wells Fargo & Company $99.26B Bank of America Corporation $76.64B Goldman Sachs Group, Inc [read post]
15 Oct 2021, 9:17 am
Plaid Announces New Tools to Make It Easier for Developers to Scale FasterDigital Transactions News – October 15, 2021 As part of its strategy to support application developers, open-banking platform provider Plaid Inc. [read post]
15 Oct 2021, 9:17 am
Plaid Announces New Tools to Make It Easier for Developers to Scale FasterDigital Transactions News – October 15, 2021 As part of its strategy to support application developers, open-banking platform provider Plaid Inc. [read post]
3 Dec 2020, 8:40 am
The fees are charges paid from a merchant’s bank to a card-issuing bank when a purchase is processed. [read post]
