Alleged whistleblower wins against MasterCard 
Published: October 25, 2012
Tags: credit cards, employee misclassification, Mastercard, whistleblower
An alleged whistleblower at MasterCard was constantly disparaging, one of his bosses testified earlier this month in a wrongful termination trial.
‘Swipe fee’ settlement faces objections from plaintiffs
Published: October 25, 2012
Tags: antitrust, credit cards, debit cards, Mastercard, swipe fees, visa
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.
Charging ‘swipe fees’ to credit card clients may be bad practice
By:
Correy Stephenson
Published: August 6, 2012
Tags: credit cards, Mastercard, practice management, swipe fees, technology, visa
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.
Justices to decide if government immune in Fair Credit Act case
Published: January 17, 2012
Tags: credit cards, Fair Credit Reporting Act, FCRA, sovereign immunity
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.
CONSUMER PROTECTION
Published: January 17, 2012
Tags: credit cards, Fair Credit Reporting Act, FCRA, sovereign immunity
Has the federal government waived its sovereign immunity with respect to a claim for damages under the Fair Credit Reporting Act?
See “Justices to decide if government immune in Fair Credit Act case”
Plusses and pitfalls of accepting plastic as payment
By:
Ed Poll
Published: May 18, 2011
Tags: billing, credit cards, practice management
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.
New Reg Z credit card rule proposed
By:
Kimberly Atkins
Published: March 5, 2010
Tags: credit cards, Regulation Z
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.
BofA deal would cut arbitration clauses
By:
Pat Murphy
Published: December 16, 2009
Tags: arbitration, consumer credit card arbitration, credit cards
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.
Judge OKs $336M credit card fee settlement
By:
Pat Murphy
Published: October 23, 2009
Tags: consumer protection, credit cards
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 to prepay $682M to settle $800M debt
By:
Pat Murphy
Published: September 1, 2009
Tags: credit cards
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.
