Clearly Payments

SEPTEMBER 18, 2024

A chargeback is a reversal of a credit card transaction initiated by the cardholder’s bank, usually as a result of a dispute by the customer over the purchase. Key Activities of a Chargeback Team Reviewing Dispute Notices: Receiving and thoroughly investigating dispute notices from credit card issuers is the first task.

Disputes 96

Disputes Fraud Prevention Payments Credit Cards 96

PYMNTS

SEPTEMBER 12, 2018

One year after news surfaced that blockchain companies Ripple Labs and R3 HoldCo were engaged in a legal dispute, the lawsuit has been resolved, according to a press release issued this week. In a statement, Ripple said the companies “have reached a settlement of all outstanding litigation between the parties.”

Disputes 51

Disputes Legal Settlement Blockchain 51

PYMNTS

NOVEMBER 16, 2020

This is the first time a company is being legally called out for violating the 2018 data privacy mandate. Earlier this month, Apple warned in its annual report that new regulations combined with legal fees already incurred could impact its revenue and overall operations.

Privacy 61

Privacy Legal Disputes Laws 61

Nanonets

MAY 10, 2023

From court documents being moved to digital formats to the advent of AI in legal research, a lot has changed. What does it mean for legal professionals? And how can you use AI to make legal work more efficient? Court dates, client meetings, legal research, paperwork – the list goes on for legal professionals.

Legal 52

Legal Laws AI Procedures 52

The Fintech Times

JULY 29, 2024

Ensuring property disputes can be sorted quickly and peacefully is an extremely important aspect of ensuring booming ecosystems can continue to thrive. In light of this, Dubai Land Department (DLD) has successfully completed 647 real estate settlements using Oqoodi, the digital platform navigating land and property disputes.

Settlement 59

Settlement Disputes Legal Support Legal 59

PYMNTS

MARCH 4, 2020

You also have the option to go out into the legal system and figure out how to get some leverage, and actually compel them to treat you like a human being.”. The business model enables consumers to come to the table with a legitimate legal process, without hiring a private lawyer. We want to level that out.

Disputes 52

Disputes Consumer Legal Settlement 52

PYMNTS

APRIL 11, 2019

Lawmakers in Australia are pushing for legal assistance for small businesses that find themselves in dispute with banks, reports in The Sydney Morning Herald said Wednesday (April 10). Further, the report noted, legal aid commissions fail to address the needs of small businesses in particular.

Disputes 60

Disputes Small Business Legal Rules 60

PYMNTS

OCTOBER 16, 2018

Global vendors in the supply chain are seeing pressure from multiple sides as a result of ongoing trade disputes and renegotiations. While the effects of that pressure have forced suppliers to examine new ways of conducting business, experts warn that some of their tactics are not always ethical — or legal. “In some cases, U.S.

Disputes 65

Disputes Risk Legal Compliance 65

PYMNTS

JUNE 21, 2019

is moving forward with plans to develop a dispute resolution service (DRS) for small businesses (SMBs) mistreated by banks, but reports in the Financial Times said the head of that initiative is now facing accusations of a conflict of interest. Reports noted that the legal case involves a dispute against CYBG.

Disputes 43

Disputes Legal Treasury Small Business 43

PYMNTS

NOVEMBER 2, 2018

Small businesses with disputes can go to the AFCA, which will first tackle any issues via informal methods, including mediation. If a matter is not resolved, the AFCA has the authority to set financial and other agreements, and force financial services companies to take courses of action to resolve the dispute.

Disputes 61

Disputes Legal Framework Small Business Government 61

PYMNTS

DECEMBER 3, 2018

The Financial Times reports that not only have sales of policies been growing by about 25 percent a year, but so have disputes between companies and the insurers. million in losses under its cyber insurance policy, but the insurer disputed the claim and offered $50,000. The bank claimed $2.4

Disputes 73

Disputes Data Breach Breach Underwriting 73

Payments Source

SEPTEMBER 17, 2020

Apple's legal dispute with Epic Games, the publisher of Fortnite, has exposed a potential nuclear option that the Cupertino, Calif.-based based tech giant can use against any company that sells online.

Digital Payments 154

Digital Payments Disputes Legal Payments 154

The Fintech Times

MAY 28, 2024

On this week’s episode of News & Views, The Fintech Times Podcast team speak about what it would take to see an NFT revival and INZMO launching a new AI chatbot, RentalBot to help tenants and landlords get the legal info they need to resolve disputes. Unfortunately, the Podcast team was once again down a member.

NFTs 108

NFTs Disputes Bots Returns 108

Fintech News

MARCH 18, 2024

According to the lender’s legal representative, this form of insurance, which covered merely 10% of the total funds, falls short of the protections promised by the platform. In response to these allegations, Modal Rakyat had reportedly pledged to respect the legal process and work towards resolving the dispute.

P2P 102

P2P Disputes Legal Underwriting 102

The Paypers

AUGUST 15, 2024

A New York court has ordered Ripple to pay a USD 125 million fine in its ongoing legal dispute with the Securities and Exchange Commission ( SEC ).

Disputes 41

Disputes Legal Security 41

PYMNTS

DECEMBER 20, 2019

Retailers and other customer-facing platforms adapted alongside the internet to offer these payment innovations, but legal firms still view many of these methods with trepidation. Legal disbursements are tricky, even for the simplest of payouts, because they need full verification before going to potential claimants.

Legal 52

Legal Checks Settlement ACH 52

PYMNTS

JANUARY 15, 2021

The dispute between Epic Games and Apple is deepening, Bloomberg said Thursday (Jan. 14), as Epic decries the removal of its popular Fortnite game from the App Store as unlawful. According to Epic in a statement to the U.K's antitrust tribunal, Apple is abusing its dominant position in the market.

Legal 63

Legal Disputes Rules Blocks 63

PYMNTS

JANUARY 24, 2019

Google has decided to dispute the €50 million fine handed down by French privacy regulators for allegedly failing to comply with the EU’s General Data Protection Regulation (GDPR) privacy law. In the case of Google, that would be Ireland, which is the legal base of its European operations.

Disputes 49

Disputes Privacy Regulations Legal 49

PYMNTS

MARCH 25, 2020

And where business relationships, based on contracts, are concerned, legal (and financial) liabilities tied to disruption, to cancellations, to a grinding halt of everyday life are perhaps murky at this point. And what about the contracts themselves? Nobody really wants to litigate if they can avoid it.”

Legal 65

Legal Laws Disputes Authorization 65

The Paypers

SEPTEMBER 11, 2017

(The Paypers) Ripple and R3 , two distributed ledger startups, have been filing lawsuits related to a contract dispute between the two companies.

Disputes 28

Disputes Legal 28

PYMNTS

NOVEMBER 4, 2020

In other news, Telegram Messenger has to pay almost $625,000 to Lantah LLC, a small digital currency company it sued in 2018 over a digital currency ticker and trademark dispute, Cointelegraph reported. Lantah LLC had been defending the suit as of May 2018 following the time that Telegram landed $1.7

Legal 57

Legal Digital Currency Blockchain Disputes 57

EBizCharge

JULY 15, 2024

Time for dispute resolution: If there are any discrepancies or disputes regarding services provided or hours worked, there’s time to resolve these issues before the payment is processed, potentially reducing disputes over charges. What legal considerations should I be aware of when billing in arrears?

Disputes 52

Disputes Payer Legal Service Provider 52

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

EBizCharge

APRIL 26, 2024

From honest mistakes to deliberate disputes, the reasons behind short-paid invoices can vary. Contractual disputes: In some cases, a misunderstanding or disagreement about the contract terms may occur, leading to short payments while negotiations take place. For these reasons, resolving disputes as quickly as possible is imperative.

Disputes 52

Disputes Best Practices Procedures SWIFT 52

Fi911

NOVEMBER 24, 2023

Small Claims Court: The Last Stop in the Chargeback Process As mentioned in previous articles, merchants have legal rights when dealing with chargebacks. If a dispute was unfounded, they can start by responding through representment. This necessitates a solid grasp of the legal process and the ability to effectively present a case.

Legal 52

Legal Disputes Procedures On-Demand 52

PYMNTS

AUGUST 28, 2020

While a judge may not settle the dispute between Apple and Epic Games for months, the computer giant pulled the Fortnite maker’s games from the App Store on Friday (Aug. Epic Games and Apple are at liberty to litigate against each other, but their dispute should not create havoc to bystanders,” Rogers wrote in a ruling.

Disputes 90

Disputes Blocks Rules Legal 90

NFCW

JULY 17, 2024

“The European Commission has made commitments offered by Apple legally binding under EU antitrust rules,” the official announcement says. To shorten deadlines for resolving disputes. It therefore decided to make them legally binding on Apple.

Payment Service Provider (PSP) 74

Payment Service Provider (PSP) Use Case Legal Agreements 74

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

EBizCharge

JULY 11, 2024

Essentially, it’s a legal claim for a payment charged by a business to its customer. Regulatory compliance: A reliable AR team can ensure compliance with financial policies and industry regulations to avoid fines or legal issues. Can an AR management system help with dispute resolution?

Accounts 52

Accounts PCI DSS Disputes Small Business 52

Segpay

JULY 23, 2024

acquirers, they are now rejecting opt-out cross sales or negative options on payment pages due to regulatory concerns, primarily driven by consumer protection legislation, pressure from the card brands to lower dispute rates, and the threat of legal action. .” In talking with our U.S.

FTC 105

FTC Payments Federal Trade Commission Push-to-Card 105

EBizCharge

JULY 25, 2024

Understanding the purpose behind credit card surcharge signs is crucial since they’re used to inform customers while ensuring businesses adhere to legal standards. Surcharging legal rules Surcharging fees are regulated by major card brands like Visa, American Express, and other credit card companies.

Best Practices 52

Best Practices Credit Cards Compliance Debit Card 52

Fintech News

JUNE 12, 2024

The building blocks critical to the success of a multilateral platform include designing optimal governance and interoperability frameworks, addressing differences in legal, regulatory, and oversight frameworks, and implementing a viable model to earn revenue.

Cross-Border Payments 116

Cross-Border Payments Cross-Border Interoperability Payments 116

Nanonets

NOVEMBER 14, 2023

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. Ensure that each agreement complies with legal standards to avoid complications down the financial road.

Agreements 52

Agreements Compliance Disputes Legal 52

VISTA InfoSec

SEPTEMBER 15, 2023

For minors , consent must be procured from the parent or legal guardian. By contacting Data Fiduciary or Consent Manager Legitimate Uses: The Act acknowledges certain legitimate uses that do not require separate consent, including cases where data is willingly provided or collected as part of a legal obligation. Clause 6(7), DPDP Act.)

Data Breach 130

Data Breach Breach Government Governance 130

Stax

SEPTEMBER 26, 2024

The first step is to confirm whether surcharging is legal in your state and, if so, what the maximum allowable rate is. Surcharge disclosure requirements Legal requirements mandate businesses to inform customers of the surcharge before payment. Here are 4 key areas to follow for a smooth and compliant implementation.

Credit Cards 88

Credit Cards Caps Best Practices Laws 88

PYMNTS

NOVEMBER 8, 2020

Amazon is currently in a legal dispute with the Indian powerhouse, which recently sold its assets to Mukesh Ambani's Reliance Industries in what Amazon contends is a violation of Future's deal with it earlier this year. Future Retail is attempting to prevent partner Amazon from meddling further in its $3.4

Disputes 92

Disputes Legal NOV Authorization 92

PYMNTS

JUNE 17, 2019

The dispute over the Office of the Comptroller of the Currency ‘s (OCC’s) national bank charter, which became available to FinTech firms last year, has reportedly caused technology conglomerates to shy away from a tool that aims to provide nonbank firms with a more streamlined way to operate on a national level.

PayPal 56

PayPal OCC Office of the Comptroller of the Currency Disputes 56