American Express Pays Over $200 Million in Fines to Settle DOJ Probes
American Express agreed to settle federal probes. In January, American Express agreed to pay over $200 million in fines to settle two different federal probes initiated by the Department of Justice (DOJ); a criminal probe …
Banks Seek to Extend Injunction Blocking Illinois Interchange Act
Banks seek to permanently block the IFPA. On March 17, the American Bankers Association, America’s Credit Unions, the Illinois Banker Association, and the Illinois Credit Union League filed a motion seeking to have the preliminary …
How to Thwart Enumeration Attacks
Preventative and proactive measures to protect against brute force enumeration attacks. As covered in our recent blog Payment Enumeration Attacks Explained, enumeration attacks are one of the top threats to the payments ecosystem, causing over …
Visa Acquirer Monitoring Program (VAMP) Chargeback Updates
Visa Fraud and Chargeback Monitoring Programs Changing April 1st. Note: Visa has been making some updates to VAMP as the April 1, 2025 launch approaches. The information in this blog reflects the latest information available …
Reducing Payments Costs When You Are “Stuck” with a Credit Card Processing Vendor
Case Study: An Automotive Parts Wholesaler with Crucial ERP Integrations Many businesses rely heavily on industry-specific ERP systems. Sometimes, these systems have proprietary integrations or exclusive relationships with a single, or a limited number of, …
January 2025 Credit Card Processing Rate Changes
2025 begins with an early set of rate changes. Every year in April and October, the card brands update processing rates and rules. Sometimes, rate changes occur at other times of the year as well. …
2025 Card Brand Outlook
Verisave offers its take on the landscape for the card brands in 2025. The payments industry is in constant flux. While it’s critical to react quickly to card brand updates and major processor activities, it’s …
American Express Fails to Block Merchant Class Action Suit
Merchant suit asserts American Express policies inflate cost of card payments. In December 2024, American Express failed in its attempt to persuade a federal judge to block a proposed class action suit filed by merchants. …
