A Largo telemarketer, together with several of his companies, are to pay $2.5 million to end the dispute concerning their participation in a scheme. The latter was about helping pharmacies seek Medicare and Medicaid payments of up to $25.000 for pain medicines being retailed for less than $10. This article will tell you more about the case and will also...
A few months ago— the Wall Street Journal featured news that the court had made a decision on a lawsuit fined by Lenders against the FDIC. It meant than banks must not rely anymore on a list of “high-risk” categories released by the FDIC— among them coin-trading merchants. And now, it seems like the Federal Deposit Insurance Corporation has backpedaled...
Europol went public with a report on the ongoing counterfeiting, and what came out should be an eye-opener. The cross-national police force was working with European Union Intellectual Property Office (EUIPO), and their investigations came to one conclusion; professional syndicates organize most of these crimes. This was the first-ever Intellectual Property Crime Threat Assessment covered the entire European Union. And...
The multibillion-dollar merger/acquisition between Fiserv Inc. and First Data Corp. may have caught many by surprise, but it makes perfect sense. As the financial-institution market in the United States continues to shrink, it forces the consolidation of core-banking solutions and the processors that service those banks. Therefore, Fiserv’s move is smart and creates compelling strategic and financial benefits for the...
When it comes to paying for goods and services, customers expect safety, security, and convenience no matter what type of device these use. Some merchants have heard consumers’ calls and demands, and have taken action. For example, the Mercedes-Benz Stadium, home of the NFL’s Atlanta Falcons and MLS’ Atlanta United, no longer accepts cash for purchases. Instead, they only accept...
Every consumer wants an easy, smooth, safe payment experience, and that’s exactly what Payment Services Directive (PSD2) fraud rules aim to do. This is also why payment service providers are encouraged to talk to their customers about it. By September 2019, any business with substantial European volume will need to implement strong authentication requirements as another way to ensure consumers’...
Thanks to a partnership with the London-based Vocalink, a real time payment system is coming to Peru. In December, Vocalink, a MasterCard unit, partnered with Cámara de Compensación Electrónica (CCE), the automated clearing house in Peru, in another move to revamp the payments operations in Peru. The system is not only expected to be on par with those in the...
Are you running an IPTV business? Is it hard for you, as an IPTV broadcaster, to find a reliable merchant services provider that’s ready to provide you with the best merchant account for IPTV? After all, it’s so much important for accepting credit and debit card payments from customers, isn’t it? Well, there’s no problem at all. Just keep on...
Are you making ASMR videos? Maybe you’re searching for a reliable payment processing option for online transactions except for PayPal, aren’t you? No worries! Just read this blog post and you’ll know about the right ASMR merchant account, and more. ASMR Creators Worried The autonomous sensory meridian response or ASMR videos are movies with sounds meant to make the audience...
In New York, merchants can continue to make customers pay surcharges if they pay with credit cards, following the state and the plaintiffs’ moves this month to dismiss challenges to the practice in federal appellate court. Merchants will be permitted to charge customers surcharges or extra fees as long as they post credit card purchases in dollars and cents. Many...
