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CardX CEO: Ban On Card Surcharge Ban May Lead to Lower Interchange Fees

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Will the ban on the credit card surcharge automatically lead to significantly higher prices when consumers opt for the plastic (via card or digital wallets) at the pump, at the counter … or pretty much anywhere? In New York this month, credit card surcharges got the okay. Maybe, maybe not. As Webster recounted Monday (Jan.

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Santander Gets Hit With Fine Due To Overdraft Practices

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The CFPB said that, from 2010 to 2014, Santander was marketing and enrolling consumers in its “Account Protector” service designed to protect customers from overdrawing on their accounts at ATMS and on one-time debit card transactions. Customers were charged $35 per overdraft.

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Uber’s Rough Ride Of A Week

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The ride-sharing company said that no Social Security numbers, credit card information, trip location details or other data were taken. The New York AG isn’t the only regulator that’s taken an interest in this story. Privacy regulators for the European Union said Wednesday (Nov. drivers’ license numbers.

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Partnerships, Pivots And Bookended Data Breaches

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For the initial launch earlier this year, Uber partnered with GoBank — drivers who signed on with Instant Pay would receive an Uber Debit Card from GoBank tied to a mobile bank account offered by Green Dot. debit card that is attached to a traditional checking and savings account. It’s your money. .” Twenty U.S.

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