PYMNTS

AUGUST 14, 2020

Revlon is involved in a legal dispute with some of its lenders. The complaint alleged the cosmetics company had broken its loan agreements by siphoning off intellectual property including those for American Crew, Elizabeth Arden, Almay and other brands, transferring them to subsidiaries as collateral.

Returns 108

Returns Push-to-Card Disputes Blocks 108

PYMNTS

JANUARY 20, 2020

million will be paid to Sears Holding by its current owner, Transform Holdco , according to Footwear News , following a months-long legal dispute between the entities after Sears ’ bankruptcy filing in October 2018. million from the purchase agreement.

Legal 94

Legal Payments B2B Disputes 94

PYMNTS

JULY 7, 2017

Qualcomm has filed a lawsuit against Apple for alleged patent infringement as the legal dispute between the two tech giants gets a bit more heated. As Bloomberg reports , at issue is whether Apple should pay Qualcomm for the latter’s mobile phone technology currently built into the iPhone.

Legal 40

Legal CHIPS Disputes Agreements 40

NFCW

JULY 17, 2024

“The European Commission has made commitments offered by Apple legally binding under EU antitrust rules,” the official announcement says. “The European Commission has made commitments offered by Apple legally binding under EU antitrust rules,” the official announcement says.

Payment Service Provider (PSP) 75

Payment Service Provider (PSP) Use Case Legal Agreements 75

Nanonets

SEPTEMBER 14, 2023

From legal contracts to healthcare records and beyond, the applications of signature identification are as diverse as they are impactful. However, in many cases, documents, contracts, forms, and agreements may also include signatures that are important for various legal, administrative, or authentication purposes.

Legal 52

Legal Authentication Disputes Verification 52

PYMNTS

APRIL 18, 2019

The legal battle between Apple and Qualcomm is over, and UBS is estimating the iPhone maker paid Qualcomm in the neighborhood of between $5 billion and $6 billion to end the dispute, according to a report by CNBC. The jury found Apple owed Qualcomm around $31 million for infringing on three of the mobile chip maker’s patents.

Settlement 54

Settlement Disputes CHIPS Legal 54

Nanonets

NOVEMBER 14, 2023

It is used when there is a pre-established contract or agreement with the supplier regarding the price of the goods. Rules for Self-invoicing The adoption of self-invoicing entails adherence to a set of rules to ensure a smooth and compliant financial processes: Legal Validity: Every self-billing agreement must stand on solid legal ground.

Agreements 52

Agreements Compliance Disputes Legal 52

EBizCharge

APRIL 26, 2024

From honest mistakes to deliberate disputes, the reasons behind short-paid invoices can vary. Deduction management: When early payments or volume discounts are part of the agreement, customers may deduct these from the total invoiced amount. For these reasons, resolving disputes as quickly as possible is imperative.

Disputes 52

Disputes Best Practices Procedures SWIFT 52

PYMNTS

JULY 20, 2018

Toys R Us has come to a settlement agreement with some groups of creditors, including vendors, to resolve its disputes related to its bankruptcy proceedings. Vendors and other creditors can opt out of the agreement.

Settlement 40

Settlement Disputes Legal Agreements 40

EBizCharge

JULY 15, 2024

Additional billing methods include: Retainers: A retainer agreement is a financial arrangement in which a client pays in advance for the provision of services by a service provider or consultant. Legal recourse: Establish a legal process in place for consistently late payers, signaling the seriousness of timely payment.

Disputes 52

Disputes Payer Legal Service Provider 52

PYMNTS

NOVEMBER 10, 2020

judge will consider arguments in a disputed protective order connected with confidential information in a Justice Department antitrust case against Google, Reuters writes. According to Reuters, both sides had failed to reach an agreement on how to safeguard private information given by third parties to the government.

Federal Trade Commission 64

Federal Trade Commission NOV Disputes Governance 64

PYMNTS

JUNE 22, 2018

For blockchain — for, in essence, a shift from analog to digital, which ensures that art and commerce is paid in a timely manner and that parties know who are, well, party to the actual contracts and are in agreement, with no room for dispute? The way it would work would be that terms of an agreement are set via smart contract.

Disputes 44

Disputes Blockchain Agreements Reconciliation 44

PYMNTS

NOVEMBER 22, 2019

Governments and businesses have recently been fighting in court over disputes regarding remote seller tax policies. The November Next-Gen Sales Tax Tracker examines the latest legal battles over the U.S.’ still-developing tax landscape, and explores other critical updates. Find the Deep Dive in the Tracker. About The Tracker .

Laws 63

Laws Compliance Rules Governance 63

PYMNTS

SEPTEMBER 20, 2019

The computer giant has sued a number of other well-known companies in patent disputes as well. Because IBM’s over three-year struggle to negotiate a license agreement that remedies Zillow’s unlawful conduct has failed, IBM has been forced to seek relief through litigation,” the lawsuit said.

Agreements 57

Agreements Disputes Research Addressing 57

Stax

NOVEMBER 15, 2023

This markup can be a fixed fee per transaction or a percentage of the total amount, depending on your processing agreement. Additional fees Generally, processors toss in other fees, like monthly statement fees, gateway fees, or chargeback fees if customers dispute a transaction. Can you decrease interchange fees? (Do

Credit Cards 88

Credit Cards Processors Assessments Non-Bank 88

Nanonets

SEPTEMBER 21, 2023

It is a legally binding contract that communicates the buyer's intent to purchase. Key Takeaways: A purchase order is a legally binding contract issued by the buyer to outline the products or services needed. This documentation is crucial for both parties for tax purposes, accounting, and dispute resolution.

Disputes 52

Disputes Legal Procedures Facilitators 52

Finovate

APRIL 1, 2024

“This agreement brings closure to a long-standing dispute by delivering substantial certainty and value to business owners, including flexibility in how they manage acceptance of card programs,” Mastercard Chief Legal Officer, General Counsel and Head of Global Policy Rob Beard said.

Visa 59

Visa Settlement Credit Cards Caps 59

PYMNTS

JUNE 12, 2019

The obvious disparities between car makers like BMW and Daimler and tech firms like Qualcomm and Nokia show the future potential for legal problems and antitrust lawsuits regarding the guidelines. Even through the guidelines are voluntary, no broader agreement means that disputes can arise rapidly.

Disputes 46

Disputes Legal Agreements Rules 46

Segpay

OCTOBER 4, 2023

Affiliate marketing is often considered high-risk from a compliance perspective due to several factors that can increase the likelihood of regulatory and legal issues. Such practices can lead to legal and regulatory challenges, particularly if consumers are harmed or misled. Non-compliance can result in fines and legal action.

Security 52

Security Due Diligence Compliance Payments 52

Stax

SEPTEMBER 19, 2024

The process encompasses the roles and specialties of multiple departments within an organization, including marketing, sales, legal, order fulfillment, operations, and finance. In the aftermath of the sale, your customer can choose to renew the contract, which could trigger a recurring billing or subscription agreement.

Process 88

Process Automation RFP Disputes 88

Stax

JANUARY 8, 2024

They can only be drawn upon under applicable clauses in your payment services agreement. Having chargeback mitigation strategies in place can help you reduce the losses from chargebacks and illegitimate disputes. However, note that reserve accounts are the property of sponsored merchants.

Risk Management 88

Risk Management Risk Money Laundering Mitigation 88

PYMNTS

MARCH 23, 2017

Welcome to the world of the patent troll, where the legal system can be gamed to garner patents and licenses without making a single good, or providing a single (good) service. Thus the agreement among LOT’s member companies, as stated by Seddon: “If our stuff does fall into the hands of the trolls, we are going to license each other.”

Legal 40

Legal Innovation Disputes On-Demand 40

Stax

JANUARY 10, 2024

the merchant’s business type, and the terms of the merchant’s agreement with their payment processor. Fee ranges will vary depending on the credit card network and financial institution in question, as well as the terms and conditions of the card agreement. Q: Is it legal to pass credit card fees to customers?

Credit Cards 88

Credit Cards Processors Debit Card Processing Costs 88

Clearly Payments

JANUARY 8, 2024

Chargeback Risk: Chargebacks occur when customers dispute a transaction and request a refund directly from their bank. Implementing effective chargeback management practices is essential to minimize their occurrence and address disputes promptly. Chargebacks are generally the biggest concern that most merchants have.

Risk Management 68

Risk Management Risk PCI DSS Process 68

Segpay

FEBRUARY 28, 2024

Chargeback Fees Disputed charges initiate time-consuming arbitration processes with administrative fees imposed on merchants. Too many disputes also risk account reviews or terminations. Simple month-to-month agreements and dedicated analysts make optimization easy.

Processors 52

Processors IRS Push-to-Card Non-Bank 52

Nanonets

SEPTEMBER 15, 2024

Understanding the entire process around rate confirmations Rate confirmation documents serve as legally binding agreements between brokers and carriers. For shippers, rate confirmations provide visibility into transportation costs, delivery timelines, and service agreements, enabling better supply chain planning and budget management.

Automation 52

Automation Process Disputes AI 52

BNG Payments

JANUARY 7, 2022

Purchases made when your customer and their payment card are present are less likely to be disputed than a payment made remotely. An individual may have stolen the card or dispute the charge later after reviewing their credit card bill. Additionally, they are less likely to be fraudulent. Still, issues happen.

Credit Cards 52

Credit Cards Mitigation Risk PCI DSS 52

PYMNTS

JANUARY 30, 2019

All necessary processes have been completed, and Bangladesh signed an agreement Tuesday night with the New York Fed Bank to assist Bangladesh in handling this case,” Kabir said. RCBC is disputing the account. District Court for the Southern District of New York, according to Fazle Kabir, the governor of Bangladesh Bank.

Money Laundering 47

Money Laundering Central Bank Federal Reserve Crime 47

EBizCharge

AUGUST 30, 2024

Merchants should thoroughly review their merchant account agreement and ask for clarification on line-item charges they don’t understand. Avoid high-risk transactions High-risk transactions often incur higher fees from payment processors because they’re more vulnerable to fraud, disputes, and chargebacks. online or over the phone).

Credit Cards 52

Credit Cards Processors Process Card Issuer 52

Stax

MAY 7, 2024

Processing fees vary depending on the service provider, the agreement between the merchant and the processor, the type of credit card used (debit, credit, corporate, rewards, etc), and the type of transaction (online, dipped, swiped, or keyed in). When implementing a surcharge, check your state’s laws and regulations to avoid legal issues.

Credit Cards 88

Credit Cards Process Processors Online and Mobile Banking 88

Stax

NOVEMBER 21, 2024

Disputes and chargebacks There may be instances when your customer disputes a credit card payment because of a billing error, fraudulent transaction (unauthorized card usage), or non-delivery of goods/services. When this happens, a chargeback process will be initiated.

Credit Cards 88

Credit Cards Small Business Process Credit Card Payment Processing 88

Nanonets

NOVEMBER 19, 2023

It could involve issuing or receiving credit or debit memos, adjusting the invoice amount, or even disputing the invoice before it is settled. It reduces disputes and delays, thus preventing late fees and other financial complications. The disputed amount is withheld until the issue is resolved. Let’s look at an example.

Settlement 52

Settlement Disputes Payment APIs and Integration Accounts 52

Nanonets

MAY 29, 2024

Purchase orders (PO) are legal documents that are drawn to finalize contracts between a buyer and a supplier. Today, This ensures that both parties have a mutual understanding of the terms and quantities agreed upon, reducing the chances of disputes.

Small Business 52

Small Business Audit Automation Disputes 52

PYMNTS

MARCH 2, 2018

But the residue of at least some of those efforts showed through on the legal and professional services line, which tallied $26.5 We’ll await commentary, of course – but might more legal wrangling be in the cards? We dispute the allegations by TransUnion and intend to defend against its claims,” the 10-K said.

Breach 41

Breach Data Breach Identity Theft Data Security 41

PYMNTS

JANUARY 16, 2018

They create the songs, but the record labels that distribute them tend to own the song catalogs, which, over the decades, has led to a series of thrilling legal disputes over ownership. Musicians have a complicated relationship with monetizing their art.

ISOs 66

ISOs Blockchain Multi-Currency SWIFT 66

PYMNTS

JULY 11, 2017

The rule begins applying to agreements and contracts 180 days later. Those legal mechanisms were largely sidestepped by deploying arbitration clauses, which made individual lawsuits the default legal tactic of choice when and if consumers opted out of arbitration, promoting a culture of settlement over litigation.

CFPB 40

CFPB Rules Consumer Financial Protection Bureau (CFPB) Credit Cards 40

EBizCharge

NOVEMBER 12, 2024

Similarly, large ticket sizes can attract more scrutiny due to the increased potential for disputes and chargebacks. Businesses that demonstrate full compliance with relevant legal standards present a lower risk, which can facilitate a faster approval process. Payment facilitators use this data to assess financial risk accurately.

Underwriting 52

Underwriting ISOs Risk Assessment Processors 52