the Consumer Financial Services Group
The U.S. District Court for the District of South Dakota
has issued a preliminary injunction postponing the October 1, 2011,
effective date of the Federal Reserve Board's 2011 Regulation Z (Truth in
Lending) revision that includes, in the limit on total...
NEW YORK - (Mealey's) A federal judge in New York on Nov.
9 granted preliminary approval to the $7.25 billion class action settlement
between merchants and Visa, MasterCard and a large number of banks that the
proposed class alleges fixed the prices of interchange fees paid by merchants
WASHINGTON, D.C. — (Mealey’s) JPMorgan Chase & Co. (Chase) on Sept. 19 agreed to pay $80 million in fines to settle allegations by the Consumer Financial Protection Bureau (CFPB) and Office of the Comptroller of the Currency (OCC) that it charged customers additional fees for credit card...