FTC, Florida reach $150,000 settlement with Chargebacks911
Payments Dive
NOVEMBER 9, 2023
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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Payments Dive
NOVEMBER 9, 2023
The Federal Trade Commision and Florida had sued the company for using deceptive tactics to prevent consumers from disputing credit card charges.
PYMNTS
JANUARY 9, 2019
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?
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PYMNTS
OCTOBER 26, 2018
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.
PYMNTS
OCTOBER 5, 2016
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.
PYMNTS
MAY 28, 2020
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.
PYMNTS
APRIL 30, 2020
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.
PYMNTS
OCTOBER 7, 2016
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.
PYMNTS
AUGUST 13, 2020
Waze, the popular GPS navigation app owned by Google, has introduced contactless payments for ExxonMobil and Shell card holders in the U.S. Val Demmings (D-Florida) on Google’s 2007 acquisition of DoubleClick and its 2017 decision to merge DoubleClick’s data with user account data. country manager, in a statement.
PYMNTS
MAY 28, 2020
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.
PYMNTS
DECEMBER 16, 2020
Welcome Technologies , which builds data-driven tech for immigrant communities, has chosen PSCU , a credit union service organization, to provide processing services and support for the first credit card program to be offered by Welcome, an online consumer platform that focuses on immigrant communities, according to a press release.
PYMNTS
SEPTEMBER 23, 2019
As we noted in the recent Digital Banking Tracker, the CNP fraud has taken a leg down in favor of fraud that looks to snag credit card numbers. They took the details and applied for credit cards. Vendors even made payments to Jelfo’s credit card accounts, according to reports in patch.com. Check Fraud, Too.
PYMNTS
NOVEMBER 17, 2016
. “The CITGO Check Card accomplishes both of those objectives,” Alan Flagg, assistant vice president of supply and marketing at CITGO, said in a release. Florida-based ZipLine is known for being a mobile and card-based consumer ACH payments company leading in the convenience store space.
PYMNTS
SEPTEMBER 23, 2020
But Disney has promised to reopen the park with many health guidelines in place to protect guest safety — upgrades the company put it place when its Florida parks reopened in July. And despite early concerns in Florida about Disney World’s reopening, the park’s efforts appear to have so far been a success.
PYMNTS
AUGUST 23, 2018
Darden Restaurants announced Wednesday (August 23) that the data on 567,000 payment card numbers may have been exposed. The company said payment card information — including card numbers — from visitors who went to the restaurants from Nov. 3, 2017, through Jan. 2 2018 may have been affected.
PYMNTS
JULY 2, 2020
Financial institutions (FIs) are therefore expected to offer more contactless cards this year and some are also unveiling services intended to help consumers easily add cards to their digital wallets. consumers to shift as much as $100 billion in annual spending from credit to debit cards. Around the Next-Gen Debit World.
PYMNTS
JUNE 26, 2020
It announced this week that it is piloting Fuel Loyalty at participating 7-Eleven stores in North and South Orlando, Florida; North Texas; and Woodbridge, Virginia. percent of respondents) and payment methods that don’t require touching a card reader (58.6 Sethia noted that it keeps in tune with the “solving customer problems” theme.
PYMNTS
JANUARY 28, 2019
Will the ban on the credit card surcharge automatically lead to significantly higher prices when consumers opt for the plastic (via card or digital wallets) at the pump, at the counter … or pretty much anywhere? In New York this month, credit card surcharges got the okay. Maybe, maybe not. As Webster recounted Monday (Jan.
PYMNTS
JULY 27, 2016
Credit card fraud complaints in the U.S. ValuePenguin analyzed data collected by the Consumer Financial Protection Bureau and found that there were approximately 70,000 credit card fraud complaints submitted in 2015. At the state level, the number of credit card fraud complaints were much more pronounced. Across the U.S.,
PYMNTS
APRIL 15, 2020
The FTC stated that no government entity would call to ask for money or personal information like credit card numbers or Social Security numbers, adding that any requests for payment through services like Western Union or MoneyGram are almost certainly scams. On its website, the FTC breaks down the numbers of fraud cases by state.
PYMNTS
MARCH 11, 2020
Florida-based Publix has more than 1,200 locations in Florida, Georgia, Alabama, South Carolina, North Carolina, Virginia and Tennessee. Shelf sensors, as well as cameras on the ceiling, keep tabs on what shoppers put in their carts and charge their credit cards that are on file automatically as they leave the premises.
PYMNTS
APRIL 12, 2019
Investors backed a range of B2B FinTechs this week operating in areas including accounting, cross-border payments, virtual cards, expense management, cybersecurity and more. million in seed funding, Back Office, based in Florida, plans to enhance the technology behind its small business accounting automation tool. Back Office.
PYMNTS
JULY 28, 2019
Kroger is excited to enter Florida to redefine the customer experience through our industry-leading partnership with Ocado,” said Rodney McMullen, Kroger’s chairman and CEO. Kroger recently introduced Kroger Pay , a new mobile payment option and loyalty rewards card. The mobile payment option is available in any Kroger apps.
PYMNTS
APRIL 7, 2020
When the fast-spreading coronavirus forced restaurants to close seating areas, Zukku Sushi was in a bind because its three locations in Florida and North Carolina were based in food halls. Zuku’s third location in Lakeland, Florida just opened in January and was able to quickly launch online ordering.
South State Correspondent
JULY 24, 2024
If you bank in a fast-growing state such as Nevada, Utah, Idaho, Arizona, Texas, Florida, or South Carolina, population and business formation growth result in lower acquisition costs. They open a $60,000 transaction account and a debit and credit card but don’t need treasury services.
PYMNTS
JULY 3, 2020
Financial institutions can keep customers safe by accurately determining when attempted transactions are legitimate versus when they are being made by fraudsters who have stolen customers’ cards or taken over accounts. You’re really wanting to start with almost a brand new transaction history.” .
PYMNTS
OCTOBER 16, 2019
Today in the payment’s news roundup, Goldman Sachs CEO David Solomon said there has been a lot of demand for Apple Card as of its launch in August. Goldman CEO Boasts Of High Apple Card Demand. Goldman Sachs CEO David Solomon noted that there has been a lot of demand for Apple Card as of its launch in August.
PYMNTS
MAY 20, 2020
Similar worries extend to card-based payments, too, as the virus can remain active on plastic surfaces for up to three days. Its locations in Florida, Georgia, Indiana, Maryland and Virginia made the switch to avoid spreading the virus and help customers feel safe entering establishments to place or pick up orders.
FICO
FEBRUARY 16, 2023
For 2022, we saw a significant increase in compromised cards resulting from skimming activity. Total compromise cards were up 368% from 2021, with more than 161,000 impacted cards identified — nearly a 5x increase over 2021. Now that we have data from the entire year to review, we are seeing the alarming trend continue.
PYMNTS
NOVEMBER 2, 2018
Under examination in the probe, said FT , is whether four “shell” companies — listed in Florida, the Marshall Islands and the United Arab Emirates (UAE) — set up transactions that were used to siphon off funds. Of that number, 59 were tied to gift cards, memberships, IT equipment and furniture.
PYMNTS
NOVEMBER 4, 2020
NOW Money will offer clients contactless-enabled Visa payment cards that will be connected to a NOW Money account, which can be used digitally and at payment terminals across the globe. 3), the Alabama Securities Commission granted the Florida-based CORO a money transmitter license, providing it with permission to do business in the state.
PYMNTS
OCTOBER 23, 2020
The latest such move came from Instacart and ALDI, which announced they would allow customers to pay for same-day delivery or pick up food orders using their EBT SNAP (Supplemental Nutrition Assistance Program) cards. But because the EBT program (funded by the U.S.
PYMNTS
MAY 11, 2018
Credit card skimmers steal more than $1 billion from U.S. Now, after three years of study, cybersecurity expert Patrick Traynor and two Florida graduate students invented the “Skim Reaper,” a credit-card thin gadget that slides into card reader slots and can easily and quickly detect if an ATM or gas pump has been tampered with.
PYMNTS
NOVEMBER 16, 2020
This method involves bad actors impersonating customers and convincing mobile service providers to transfer the victims’ phone numbers to their own SIM cards, allowing these fraudsters to seize control of any accounts linked to that phone number. Why Fraudsters Swap SIM Cards. It's that easy.”.
PYMNTS
FEBRUARY 4, 2020
“A lot of payments services are built for bookkeepers, not for business leaders,” says Thom Pirone, owner of Stronghold Training, a management consulting firm in Tampa Bay, Florida. “My percent per credit card transaction until June 2020. My payment provider kept offering me training to use the platform, but I was too busy.
PYMNTS
JANUARY 16, 2018
It’s a situation with which Terri Carter, director of Student Financial Services at Florida Institute of Technology , is familiar. Florida Tech’s student body is a diverse one. For example, students from Saudi Arabia make up the largest share of Florida Tech’s international student population, she added. According to U.S.
PYMNTS
OCTOBER 19, 2017
The Florida Restaurant and Lodging Show is an annual three-day event for hospitality professionals to network, source, purchase and learn about new industry trends to follow, how to increase profits and how to ramp up their restaurant or lodging business to engage and serve customers in innovative ways.
PYMNTS
FEBRUARY 24, 2020
The partnership was first launched at Publix’s Orlando, Florida-based stores, with the service planned to expand to the chain’s other locations over the next few months. Many expansions like these, however, are halted by the encroaching possibility of fraud. Deep Dive: How AI Helps QSRs Stop ATOs And Credential Stuffing.
PYMNTS
OCTOBER 8, 2016
As this article is being written, Hurricane Matthew is wreaking havoc along the Florida coastline. Florida will be badly damaged as a result of what happened this weekend – the worst case scenario would have looked a good deal more like completely destroyed. The rest, as they say, is history.
PYMNTS
NOVEMBER 15, 2019
When equipped with ePort devices, the machines will be able to accept cash, credit and debit cards, and contactless payments made using various methods, including mobile wallet payments such as Google Pay and Apple Pay. The technology will be demonstrated by USAT during the IAAPA Expo in Orlando, Florida Nov.
PYMNTS
NOVEMBER 10, 2020
PSCU , which is billed as the nation's premier credit union service organization (CUSO), has announced its new Enhanced Fraud Services system, which the company said “has helped 10 early adopter credit unions combat fraud of all types, ranging from first-party chargeback fraud to identifying card information being sold on the dark web.”.
PYMNTS
JUNE 20, 2019
in Journalism-Public Relations from the University of Florida in Gainesville, Fl.”. Prior to her time at First Data, Ford served as a regional director for U.S. Senator Bill Nelson (D-Fl.) She holds a B.S. Ford said she’s committed to her new position and looks forward to working together with her new colleagues.
PYMNTS
MAY 1, 2019
based Worldpay by Florida-based Fidelity Information Services (FIS). Global card rails Visa and Mastercard are also making acquisitions in an effort to expand their account-to-account payment capabilities. The consolidated company will be known as Fiserv. Just weeks later came the $43 billion acquisition of U.K.-based
PYMNTS
DECEMBER 12, 2017
Major retailers such as Target, Home Depot, Walmart and Lowe’s have been forced to introduce stricter return, store credit and gift card policies in response to a troubling trend. They say gift cards are the gift that always fits. Customers cannot use credits to buy gift cards and cannot redeem gift cards for more gift cards, either.
PYMNTS
JUNE 24, 2020
Against that backdrop, Florida-based startup Adfone , which has developed a carrier loyalty and monetization platform, said last month that it had closed on a $7.5 The carriers preload the Adfone platform onto devices or SIM cards. “We’re million seed funding round. Adfone white labels its platform under carriers’ brands.
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