Merchant services: Latest News, Top Stories & Analysis

WASHINGTON, D.C. — Complete Merchant Solutions, LLC (CMS) and its former CEO, Jack Wilson, have settled Federal Trade Commission charges that they illegally processed millions of dollars in consumer credit card payments …

Government / National

Payment Processor for MOBE Business Coaching Scheme Settles FTC Charges

June 2, 2020June 2, 2020 - by MyChesCo

WASHINGTON, D.C. — A payment processor that allegedly ignored clear warning signs its client was operating an unlawful business coaching and investment scheme will be barred from processing payments in …

Personal Finance

How Credit and Debit Cards Flag Fraud Before It Happens

August 15, 2019August 11, 2019 - by BPT

Imagine a thief gets your credit or debit card and decides to go on a shopping spree. The thief tries to buy a flat-screen TV, a new computer and a …