February 28, 2017
Whether you are an ISO or a merchant level salesperson (MLS), odds are you will at some point receive an unexpected visit from a government agency. […]
February 27, 2017
Every week, I get a call from an agent or ISO (whom we will simply call the “agent”) complaining that an ISO or other upstream processing […]
February 26, 2017
Processing payments for legitimate, state-licensed marijuana-related businesses remains risky. Although a number of community banks have tested the waters with such payments, no safe harbor from […]
February 25, 2017
In this podcast, PaymentFacilitator.com talks to Theo Monroe about money service businesses, also known as money transmitters. Monroe says that payment businesses can sometimes engage in […]
February 20, 2017
Automatic renewal programs represent a cash cow for countless subscription businesses, especially when consumers renew those subscriptions at higher prices. But automatic renewals can also be […]
February 19, 2017
I am often asked, “What is MATCH and how can I get off it?” As to the first part of the question, “MATCH” (which stands for […]
February 18, 2017
Recently, the criminal case against online merchant Jeremy Johnson in Utah that started back in June 2011 finally came to a close. After more than four […]
February 17, 2017
Suspicious Activity Reporting (“SAR”) forms the cornerstone of the Bank Secrecy Act (“BSA”) reporting system. Broadly speaking, federal regulations require all banks and financial institutions to […]
February 16, 2017
This is the third of four articles that will use the case to examine card-not-present fraud from a legal perspective. Part 1 described the case and […]