News & Analysis as of

Payment Processors Fees Banks

Orrick, Herrington & Sutcliffe LLP

Ohio district court narrows merchants’ claims against bank and payment processor

Recently, the U.S. District Court for the Southern District of Ohio trimmed several claims in a lawsuit brought by two online merchants against a national bank and its payment processor. The merchants accused the defendants...more

Sheppard Mullin Richter & Hampton LLP

Banks Win Temporary Reprieve from Novel Illinois Swipe-Fee Law

On December 20, 2024, an Illinois federal court, in considering a motion for a preliminary injunction brought by the Illinois Bankers Association, American Bankers Association, and other trade groups, ruled that national...more

McGlinchey Stafford

Video: Introduction: A Deep Dive into Payments

McGlinchey Stafford on

The world of payments has grown exponentially in recent years. The Consumer Financial Protection Bureau (CFPB) has continued its activity around Unfair or Deceptive Acts or Practices (UDAP), fees, and what the CFPB calls dark...more

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