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Credit Cards Financial Transactions

Troutman Pepper

Key Elements of the Proposed Credit Card Competition Act

Troutman Pepper on

In June, Sens. Richard Durbin, D-Ill., Roger Marshall, R-Kan., Peter Welch, D-Vt., and J.D. Vance, R-Ohio, introduced the Credit Card Competition Act of 2023, which is a reintroduction of a substantially identical bill...more

Troutman Pepper

Visa Announces New Dispute Process to Combat “Friendly Fraud”

Troutman Pepper on

On September 28, Visa, Inc. announced its new dispute process aimed at combatting first-party or “friendly fraud” for card-not-present transactions. The rule change offers merchants more ways to show a disputed charge is...more

Cozen O'Connor

AGs Issue Warning on Merchant Code for Gun Stores

Cozen O'Connor on

A group of 24 AGs led by Montana AG Austin Knudsen and Tennessee AG Jonathan Skrmetti sent a letter to the CEOs of three major credit card companies, American Express, MasterCard, and Visa, expressing their concerns about a...more

Kohrman Jackson & Krantz LLP

Don’t Get Charged – What College Students Need to Know About Credit Cards

UNDERSTANDING WHAT CREDIT CARD FRAUD CAN LOOK LIKE - Credit card fraud doesn’t just involve mysterious charges from overseas or charges for seemingly endless electronics; it takes many forms and can happen accidentally....more

Bilzin Sumberg

A Shift in Liability for Credit Card Fraud

Bilzin Sumberg on

For too long, “swiping” a credit card has had at least one meaning too many. There was “swiping” as it pertains to running the magnetic strip of your credit card inside the groove of a small payment terminal to make an...more

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