Topic
Payment
982 published works
SALT Shaker
Electronic Transactions Association (ETA) Payments Compliance Conference
On October 13, Eversheds Sutherland Partners Michele Borens and Maria Todorova will present a tax session during ETA's inaugural Payments Compliance Conference, an event designed for payments, legal, regulatory and…
Florida Construction Legal Updates
DO NOT FILE A MILLER ACT PAYMENT BOND LAWSUIT AFTER THE ONE-YEAR STATUTE OF LIMITATIONS
Under the Miller Act, a claim against a Miller Act payment bond must be commenced “no later than one year after the date on which the last of the labor…
Regulatory Oversight
Democratic AGs Fire Back in Support of Gun Sale Merchant Code
By Stephen C. Piepgrass, Tim Bado
On September 30, 11 Democratic attorneys general (AGs), led by the AGs of the District of Columbia, New Jersey, and Delaware, sent a letter in support of major credit card…
Shufti Pro Blog
PSR Orders UK Banks to Reimburse Customers Tricked by Payment Fraud
PSR has advised UK banks to compensate customers who have been the victims by APP (authorized push payment) scam. On Thursday, the Payment Systems Regulator advised the banks to reimburse…
Consumer Finance Monitor
This week’s podcast episode: A close look at open banking and the role of data aggregators, with special guests Julian Alcazar, Payments Specialist, Federal Reserve Bank of Kansas City, and Adam Maarec, Senior Director and Associate General Counsel, Capital One
After reviewing the roles of data aggregators and other key players in the data aggregation market, we discuss the implications of the transition from screen scraping to application programming interfaces…
Consumer Finance Monitor
Fed narrows timetable for FedNow launch
By Ronald K. Vaske, Kristen E. Larson, Ballard CFS Group
Earlier this week, the Federal Reserve Board of Governors narrowed the timetable for the launch of its instant payments platform—FedNow—to mid-year 2023, specifically targeting a production rollout of the service…
Bright Law Blog
APRA Corporate Plan for 2022-2023
The Australian Prudential Regulation Authority (APRA) has published its new Corporate Plan for 2022-2023 for supervision of the banking, insurance and superannuation industries over the next four years. Its plans…
Consumer Financial Services Law Monitor
Merchants Are Now Consumers? FTC Settles Action Against Payment Processor After Alleging Its Merchants Are “Consumers”
By Keith J. Barnett, Carlin McCrory
On July 29, the Federal Trade Commission (FTC) filed a complaint and executed a stipulated order with payment processor First American Payment Systems LP (First American) and companies that market…
Bill 4 Time Blog
How Changes in Legal Billing are Leading to Faster Payments [INFOGRAPHIC]
We don’t need to tell you that the legal industry has changed over the last few years — the once gradual switch to digital has become more rapid. While changes…
Consumer Finance and Fintech Blog
Payment Processor Agrees to Refund Customers After FTC Alleges Surprise Exit Fees and Zombie Charges On Small Businesses
By Moorari Shah, A.J. Dhaliwal
On July 29, a payment processor company and its two sales affiliates (defendants) agreed to a stipulated order with the FTC to settle charges that they imposed hidden terms, surprise…