A new law passed in California that bans payment-card surcharges was ruled unconstitutional by a federal judge last week (March 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
American Express appears ready to fight to the bitter end for the right to control the terms of its merchant contracts — and that goes beyond a federal judge’s antitrust ruling in February that would allow AmEx-accepting merchants to suggest that customers use other, less...
The U.S. Justice Department’s Criminal Division has proposed streamlining the requirements for going after cyberthieves who sell payment card numbers issued by U.S. financial institutions, the department said in a blog post. Get the Full Story Complete the form to unlock this article and enjoy...
A card processor that was accused of illegally processing more than $26 million in unauthorized consumer charges for a suspected scammer has settled with the U.S. Federal Trade Commission, the FTC announced on Friday (March 27). Get the Full Story Complete the form to unlock...
The European Union will spend a year studying why online shoppers in the 28-nation Euro zone don’t often buy products outside their own countries in what’s supposed to be a single digital market, the EU’s competition commissioner announced on Thursday (March 26). Get the Full...
Federal legislation to require reporting of a data breach within 30 days has passed its first milestone on the way to becoming law, but not everyone is happy with the details, The Hill reported on Thursday (March 26). Get the Full Story Complete the form...
The Consumer Financial Protection Bureau might be taking on payday debt traps. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
Small businesses will soon be able to go public in the U.S. with smaller regulatory requirements under rules approved by the U.S. Securities and Exchange Commission on Wednesday (March 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The U.K.’s Faster Payments Service is steadily nibbling away at the British equivalent of the U.S.’s ACH funds-transfer system, but it’s rapidly displacing checks, according to February statistics from the U.K. Payment Council reported by Cash & Treasury Management File. Get the Full Story Complete...
