Legal

Legal
Supreme Court Rules Against Defendant In Bank Account Fraud Appeal
December 14, 2016

The Supreme Court ruled on a bank fraud case earlier in the week that had to do with an online scheme designed to steal funds from bank customers’ accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Mastercard Must Pay Sainsbury’s £68M
November 29, 2016

Source: Competition Policy International 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 completing this form, you agree to receive marketing...

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Startup Files Suit Vs. L’Oréal On Hair Products
November 28, 2016

A U.S. unit of French cosmetics giant L’Oréal is being sued by a small California firm, The Wall Street Journal reported, alleging that L’Oréal copied a hair product. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Consumer Class-Action Suit Against Visa, Mastercard Allowed To Go Forward
November 21, 2016

Visa, Mastercard and banks in the U.S. are facing a class-action lawsuit by consumers that allege they colluded to raise the cost of ATM access fees in what they say is a violation of antitrust law. Get the Full Story Complete the form to unlock...

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Retailers Want Amex Anti-Steering Case Reheard
November 16, 2016

American Express is facing a push by the Retail Litigation Center (RLC) and the National Retail Federation (NRF) to have the full 2nd U.S. Circuit Court of Appeals take up a lawsuit over rules that prevent retailers from encouraging customers to use credit cards that don’t...

Legal
DOJ Wants Appeals Court To Rethink Amex Decision On Antitrust Steering
November 11, 2016

The U.S. government on Thursday (Nov. 10) requested a federal appeals court to reexamine a recent decision that lets American Express prevent merchants from encouraging customers to use credit cards outside of Amex that have lower fees associated with them. Get the Full Story Complete...

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Bank Of America Facing Lawsuit Over Debit Card Fees For Prisoners
November 10, 2016

Bank of America is facing a lawsuit in Arizona from prisoners who contend they are being forced to become customers of the bank because they are given a BoA debit card that also has high and unusual fees. Get the Full Story Complete the form...