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Let’s avoid legal patchwork for credit card surcharging

Payments Dive

“All parties in the payments ecosystem would benefit greatly from state laws that provide clarity and consistency between jurisdictions,” write two legal professionals.

Legal 88
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CFPB may take legal action against Block

Payments Dive

The bureau has informed the digital payment company it’s weighing legal action related to a Cash App probe.

Legal 183
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EQS Group to acquire Data Legal Drive

Finextra

EQS Group, a leading international cloud software provider for corporate compliance, investor relations and sustainability reporting, today announces that it has entered into exclusive negotiations for the acquisition of French company Data Legal Drive, a key player in the GDPR and anti-corruption compliance software market.

Legal 52
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Klarna Celebrates High Levels of AI Adoption Across Communications, Marketing and Legal Teams

The Fintech Times

Communications, marketing and legal teams are all seeing transformative change due to gen AI integration. Legal: Klarna’s lawyers are using ChatGPT Enterprise to create the first draft of common types of contract, massively reducing the time it takes to draw up a contract. per cent, 87.9 per cent, and 86.4 per cent respectively.

Legal 116
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Can I Legally Charge a Credit Card Fee?

EBizCharge

The question “Is it legal to charge a credit card fee?” This article will explore the legality of charging such fees as well as the pros and cons associated with them. Surcharging is legal in many states and is regulated at the state and federal levels. is a legitimate inquiry for merchants seeking ways to offset these expenses.

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Binance Sets up First-Ever Board in Wake of Legal Settlements

Fintech News

The announcement comes as the company seeks to navigate through the aftermath of legal challenges in the United States , including a guilty plea to violations related to anti-money laundering and sanctions. Binance Holdings, operator of a crypto exchange of the same name, has established its first board of directors.

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Are Debit Card Surcharges Legal? What Businesses Need to Know

Stax

This article explores the legal landscape surrounding surcharges, shedding light on the intricacies of state and federal laws and strategies for small businesses to manage processing costs. Learn More Are Debit Card Surcharges Legal? Let’s start with the elephant in the room: are debit card surcharges legal? Get in touch!