We are pleased to announce that Troutman Sanders partner Keith Barnett will participate in a webinar entitled “Third Party Payment Processors Series: Chief Compliance Officer Responsibilities” on Friday, March 4, at 2:00 p.m. EST. Join the panelists for this complimentary webinar offered by Kirkpatrick Price and the Third Party Payment Processors Association (TPPPA). The discussion
Join Us for a Webinar on the Intersection of UDAAP and Payment Processing
We are pleased to announce that Troutman Sanders partner Keith Barnett will be a featured speaker during a live webinar entitled “UDAAP and Third Party Payment Processors” on Monday, March 7 from 12:00 noon to 1:00 p.m. EST.
In its enforcement actions, the Consumer Financial Protection Bureau has expanded the scope of what
FTC Settles Enforcement Action Against Bitcoin Mining Operation
On February 18, the Federal Trade Commission announced that it had settled charges against Butterfly Labs and two of its operators stemming from the alleged deception of consumers regarding new mining machines for the virtual currency, Bitcoin. According to the FTC, the company and its corporate officers charged consumers thousands of dollars for its Bitcoin
Payment Processor Charged with Participating in Telemarketing Scheme Settles with FTC
The Federal Trade Commission announced today that it had agreed to settle charges against Capital Payments LLC (now known as Bluefin Payment Systems, LLC), for its alleged involvement with The Tax Club, a group of entities engaged in fraudulently telemarketing development services, including business formation, counseling, credit development, and marketing to individuals seeking to establish
CFPB Sends Letters on Checking Account-Access Issues
On February 3, the Consumer Financial Protection Bureau announced that it is taking steps to help consumers get better access to checking accounts. The CFPB has “concerns that consumers are being sidelined by the lack of account options and by inaccurate information used to screen potential customers.” Towards that end, the CFPB sent
U.S. Supreme Court Wounds Important Defense to TCPA Class Actions, Raising Already High TCPA Risks
On January 20, 2016, the United States Supreme Court issued an opinion that addresses a narrow procedural point with major implications for legal risks for companies under the Telephone Consumer Protection Act (TCPA).
Campbell-Ewald Co. v. Gomez addresses whether a class action lawsuit under the TCPA can continue after the defendant makes the plaintiff an
TCPA Suit Involving Reassigned Phone Number Stayed Pending Appeal of FCC’s Order
On December 17, Judge Christina Snyder of the United States District Court for the Central District of California granted a motion to stay a lawsuit under the Telephone Consumer Protection Act (“TCPA”) by Defendant Time Warner Cable (“TWC”). The Court granted the motion pending the District of Columbia Circuit Court of Appeals’ decision in ACA
Join Us for a Complimentary Webinar on “The Telemarketing Sales Rule and Third Party Payment Processors”
We are pleased to announce that Troutman Sanders partners Keith Barnett and Stephen Piepgrass will participate in a webinar entitled “The Telemarketing Sales Rules and Third Party Payment Processors” on Tuesday, January 26 at 12:00 noon EST.
The Federal Trade Commission and Consumer Financial Protection Bureau have initiated many investigations and enforcement actions against
FTC and Florida Seek Redress Against Credit Card Payment Processor for Role in Telemarketing Debt Relief Scam
In late December, the Federal Trade Commission and Florida Attorney General filed an amended complaint in an action pending in the United States District Court for the Middle District of Florida that charged nine defendants with violations of the Federal Trade Commission Act, the Telemarketing and Consumer Fraud and Abuse Prevention Act (“Telemarketing Act”), the
FCC Files Responsive Brief in D.C. Circuit Appeal in Support of Controversial TCPA Order
On January 15, the Federal Communications Commission defended its controversial July 10, 2015 Order (the “Order”) expansively interpreting the Telephone Consumer Protection Act (“TCPA”) in a 110-page brief filed in ACA International et al. v. FCC et al., where several consolidated challenges to the Order by businesses and trade groups are being heard in