Our Financial Services Group summarizes the closely observed preliminary settlement agreement over the fees credit card companies and banks charge merchants....more
4/19/2024
/ Antitrust Litigation ,
Banks ,
Consumer Financial Products ,
Credit Cards ,
Fees ,
Financial Institutions ,
Financial Services Industry ,
Interchange Fees ,
MasterCard ,
Merchants ,
Popular ,
Settlement Agreements
Our Payment Systems Team details how the Federal Reserve’s Regulation II Final Rule clarifies many of the interpretive concerns from the May 2021 notice of proposed rulemaking and narrows the substantive concerns raised by...more
Our Payment Systems Team details how the Federal Reserve Board has articulated a shift in views on the permissibility of certain industry practices under Regulation II and proposed substantive modifications that would result...more