As we have previously explored, litigation involving account takeovers (“ATOs”) and business email compromise (“BEC”) fraud have produced a muddled legal landscape. As between payors and intended payees, courts have tended to...more
1/27/2025
/ Banks ,
Business E-Mail Compromise (BEC) ,
Business Litigation ,
Contract Terms ,
Cybersecurity ,
Financial Institutions ,
Fraud ,
Merchants ,
Payment Processors ,
Payment Systems ,
Risk Management
On February 10, 2021, legislation was introduced to repeal Kansas’s ban on surcharging. A mere two weeks later, a federal judge essentially ensured its end by declaring the statute unconstitutional....more
As most consumers know, there is often a fee associated with paying by credit card. That fee, called a “surcharge,” allows the merchant to recoup the additional processing costs associated with accepting card payments. While...more