Electronic Payment Solutions News Today

During the first quarter of the year, the Portal da Queixa received more than 1,800 complaints related to the banking sector, an increase of almost 20% compared...

Risk management personnel who underwrite e-commerce merchants should have some basic understanding of the types of online merchant marketing and sales practices that are deceptive and...

Yesterday, the Federal Trade Commission (FTC) moved to dismiss its long-running enforcement action against Electronic Payment Solutions (EPS) pending in the District of Arizona after...

ADVERTISEMENT ADVERTISEMENT Payment Cos. And Exec Seal Deals Over $7M Scam Law360 (January 25, 2021, 8:51 PM EST) -- An Arizona federal judge has granted judgments that bar two companies and one of their officers from engaging in payment processing and telemarketing, resolving a suit from the Federal Trade Commission that claims they took part in a $7 million scam. U.S. District Judge Stephen M. McNamee signed the judgments and permanent injunctions Friday after the FTC alleged Electronic Paym...

ADVERTISEMENT ADVERTISEMENT Ariz. Payment Co. Exec Inks Deal With FTC Over $7M Scam Law360 (January 14, 2021, 11:18 PM EST) -- An officer of Electronic Payment Solutions of America Inc. facing Federal Trade Commission claims that he took part in a $7 million scam told an Arizona federal judge Thursday that he has agreed to permanently stop engaging in payment processing and telemarketing in order to resolve the case. EPSA officer Jay Wigdore didnt admit or deny the FTCs claims that he took part...