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FTC, Florida reach $150,000 settlement with Chargebacks911

Payments Dive

The Federal Trade Commision and Florida had sued the company for using deceptive tactics to prevent consumers from disputing credit card charges.

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Credit Card Surcharges OK’ed In New York

PYMNTS

In the wake of court filings this week that effectively ended a challenge to surcharges on credit card transactions in New York, merchants in the Empire State can indeed embrace those fees, contingent upon stating those costs to consumers up front. New York has banned the ban. What’s in a name, then?

New York 200
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Two Alleged Hackers Indicted In Florida For Lynda Breach

PYMNTS

Following a data breach at learning platform Lynda in 2016, two hackers were indicted in Florida this month on charges of extortion and hacking. One alleged hacker lived in Florida, while the other was a Canadian citizen who was a Toronto resident, according to reports. drivers’ license numbers.

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Chip-Reader Lawsuit Proceeds Against Card Companies

PYMNTS

It’s been a year since the EMV card reader deadline. Now, the big card companies — Visa, Mastercard, American Express and others — are all facing a class-action lawsuit brought by retailers over the new chip readers. Florida-based B&R Supermarket Inc. Florida-based B&R Supermarket Inc. 1, 2015.

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IRS: Stimulus Card Isn’t Junk Mail

PYMNTS

The Internal Revenue Service ( IRS ) wants to make sure you don’t throw out your prepaid $1,200 government stimulus debit card. Many people have done that, thinking the cards are junk mail and discarding them, according to MarketWatch. On Twitter, numerous people have shed light on the issue.

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MetaBank, Fiserv To Issue Preloaded Visa Cards For Stimulus Payments

PYMNTS

Treasury will allow two financial technology companies to issue prepaid Visa cards loaded with coronavirus stimulus payments. Treasury Secretary Steven Mnuchin had said a more efficient distribution of government funds would be achieved through digital delivery and prepaid card providers.

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US: Small Businesses Allowed To Sue Credit Card Giants Over Chip Readers

PYMNTS

A judge is allowing small businesses to sue the major credit card companies for forcing them to adopt chip readers at the checkout counter — a case that could become a multi-billion-dollar class action. The lawsuit takes aim at the nationwide upgrade to chip-based credit cards, an awkward rollout that’s been annoying for stores and shoppers.

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