An alleged whistleblower at MasterCard was constantly disparaging, one of his bosses testified earlier this month in a wrongful termination trial.
A proposed settlement between merchants and Visa, MasterCard and banks over “swipe fees” is facing an uphill battle after a majority of the named plaintiffs announced their intent to file objections.
In the wake of a proposed settlement between credit card-issuers Visa and MasterCard and merchants that would allow vendors to pass along “swipe fees” to their customers, lawyers who accept credit card payments are grappling with the issue of whether such up-charges are a good practice.
The U.S. Supreme Court will decide whether the federal government has waived its sovereign immunity with respect to a claim for damages under the Fair Credit Reporting Act.
Has the federal government waived its sovereign immunity with respect to a claim for damages under the Fair Credit Reporting Act?
The way in which legal services are marketed and delivered to clients must coincide with what the client wants and needs. One effective marketing tool is a law firm billing approach that is convenient and efficient. Service is the one thing that clients want from lawyers more than anything else, even more than lower fees.
WASHINGTON – The Federal Reserve Board has proposed a new rule that would protect credit card customers from unreasonable fees and penalties for late payments, and dissuade card companies from making drastic interest rate hikes.
Bank of America Corp. said Tuesday it has tentatively agreed to drop a clause from its credit card contracts that requires disputes with customers to be handled through binding arbitration rather than through the courts.
In a victory for credit cardholders who travel internationally, a federal judge in New York gave final approval on Thursday to a $336 million settlement of a lawsuit accusing banks and credit card groups of conspiring to overcharge consumers on foreign currency transactions.
Visa Inc., the world’s largest payment network, will pay $682 million to U.S. merchants to complete a legal settlement, paying early to get a discount from the $800 million it had owed through 2012.