The Consumer Financial Protection Bureau (CFPB) announced on March 2, 2016, that it had entered into a consent order with online payment platform Dwolla to resolve the CFPB’s claims regarding statements made by Dwolla about...more
Merchants—rightfully so—are worried about securing their payment card environments so that their name does not appear in a headline discussing how millions of cards were stolen from them. Faced with the challenge of...more
For merchants, long gone are the days of using a card reader with a dial-up connection to their payment processor. Today’s omni-channel retailers rely on multiple third party service providers to complete payment card...more
Global Payments, which processes credit card transactions, announced on March 30, 2012 that an unauthorized person gained access to a portion of its processing system. Global Payments later disclosed that Track 2 data (card...more
2/20/2013
/ Article III ,
Breach of Implied Contract ,
Credit Cards ,
Dismissal With Prejudice ,
Fair Credit Reporting Act (FCRA) ,
Fraudulent Charges ,
Personally Identifiable Information ,
Putative Class Actions ,
Standing ,
Stored Communications Act ,
Theft ,
Unfair or Deceptive Trade Practices