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Credit Cards Federal Trade Commission (FTC) Federal Deposit Insurance Corporation

Morrison & Foerster LLP

Financial Services Report, Spring 2016

Why another law firm newsletter? Over ten years ago, Will Stern answered that question in the first Editor’s Note of the first Financial Services Report. Some things have changed since then—we no longer print and mail paper...more

Orrick - Finance 20/20

FDIC and CFPB Settle with American Express Centurion Bank Charges of Unfair and Deceptive Practices

On December 24, the FDIC and CFPB announced a settlement with American Express Centurion Bank concerning charges of unfair and deceptive marketing practices related to credit card “add-on products” in violation of Section 5...more

Ballard Spahr LLP

FTC Charges Payment Processor with ‘Assisting and Facilitating’ Debt Relief Scam

Ballard Spahr LLP on

The Federal Trade Commission recently brought an enforcement action against a company that processed credit card payments for the operator of an alleged debt relief telemarketing scam. This action serves as a reminder to...more

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