Discover, FDIC reach consent agreement
Payments Dive
OCTOBER 2, 2023
The agreement, issued last week, addresses “shortcomings” in Discover Bank’s compliance management system for consumer protection laws, the company said.
Payments Dive
OCTOBER 2, 2023
The agreement, issued last week, addresses “shortcomings” in Discover Bank’s compliance management system for consumer protection laws, the company said.
Electronic Payments Coalition
MARCH 26, 2024
EPC STATEMENT: WASHINGTON – Electronic Payments Coalition (EPC) Executive Chairman Richard Hunt issued the following statement regarding the impact the interchange lawsuit agreement between U.S. Congress should put an end to the ill-advised Durbin-Marshall mandates and let the agreement merchants reached stand on its own.”
PYMNTS
NOVEMBER 15, 2019
Known officially as the Model Data Access Agreement, Fortney said this sets forth a common foundation of generally accepted contractual terms as a starting point for these bilateral data agreements. The use of the agreement is voluntary, and parties can negotiate elements independently as they deem appropriate.
PYMNTS
NOVEMBER 1, 2017
A small business (SMB) in Massachusetts borrowing funds via marketplace lender Kabbage has sued the platform, igniting new debate in the conversation over the definition of a “true lender,” according to reports in the National Law Review on Tuesday (Oct. Usury laws regulate how much interest can be charged on a loan.
PYMNTS
MARCH 19, 2019
We attorneys general have authority under consumer protection acts to do both,” said Mississippi Attorney General Jim Hood, according to CNBC , on Monday (March 18). “So So it’ll be a multifaceted suit or, hopefully, we can get a settlement if we can get some agreement with them.”.
PYMNTS
OCTOBER 5, 2020
California Assembly Bill 5 ( AB5 ) — and its now famed (and feared) three-part test as to whether a worker could be classified as an independent contractor or must by law be classified as an employee — has been a magnet for controversy almost since day one. The fact that gig workers need benefits is increasingly a point of agreement.
PYMNTS
OCTOBER 5, 2020
California Assembly Bill 5 ( AB5 ) — and its now famed (and feared) three-part test as to whether a worker could be classified as an independent contractor or must by law be classified as an employee — has been a magnet for controversy almost since day one. The fact that gig workers need benefits is increasingly a point of agreement.
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