Antitrust Group

Payments News Update – October 17, 2025

Legal and Regulatory Developments SPOTLIGHT: Visa, Mastercard Agree to $199.5 Million Settlement in Merchants’ Class Action Reuters – October 13, 2025 (subscription may be required) Visa and Mastercard have agreed to pay a combined $199.5 million to settle a nearly decade-old class action that accused them of forcing merchants to swallow some of the costs of fraudulent transactions involving counterfeit,...

Seven Constantine Cannon Lawyers Recognized in Super Lawyers 2025

Every year, Super Lawyers selects the top 5% of attorneys through a multi-phase, peer-influenced, and research-driven method that highlights professional achievements. Constantine Cannon LLP is delighted to announce that seven of our firm’s lawyers have been recognized this year. ¹

The Selection Process

This directory is a resource featuring detailed profiles of attorneys who have demonstrated excellence in...

Payments News Update – October 10, 2025

Legal and Regulatory Developments SPOTLIGHT: Retailers Push for Rounding Law to Avert Penny Shortage Law360 – October 3, 2025 (subscription required) A coalition of major retail and restaurant trade associations has urged the leaders of congressional banking committees to quickly enact national legislation for cash transaction rounding in light of the end of U.S. penny production. In their Wednesday...

Payments News Update – October 3, 2025

Legal and Regulatory Developments SPOTLIGHT: Technology Could Make Payments Cheaper: Waller Payments Dive – September 30, 2025 Stablecoins and distributed ledger technology could make payments cheaper and more efficient and shouldn’t be feared, Federal Reserve Board Governor Christopher Waller said Monday in a speech. “Let us remember that this is not a new story and that we should not fear new...

Payments News Update – September 26, 2025

Legal and Regulatory Developments SPOTLIGHT: Payment Players Offer Fraud Fixes Payments Dive – September 23, 2025 Companies battling payments fraud need better information- and data-sharing, enhanced consumer education and help from telecommunications and social media companies, according to suggestions this month in response to a federal call for ideas to tackle the problem. Those were among the...

Payments News Update – September 19, 2025

Legal and Regulatory Developments SPOTLIGHT: US Judge Upholds Fed’s Debit Card 'Swipe Fees' Rule, in Split With Other Court Reuters – September 15, 2025 A U.S. judge on Monday upheld the Federal Reserve’s “swipe fees” regulation that caps the amount banks charge merchants for processing debit transactions, a win for the board after a different federal judge last month reached the opposite conclusion...

Payments News Update – September 12, 2025

Legal and Regulatory Developments SPOTLIGHT: Sorting Winners From Losers in Debit Digital Transactions Magazine – September 1, 2025 With merchants prevailing in their long-running legal battle to overturn debit rate caps set by the Federal Reserve, the largest debit card issuers could wind up the biggest losers, while Capital One Financial Corp. emerges as the big winner. U.S. District Court for the...

Payments News Update – August 29, 2025

Legal and Regulatory Developments SPOTLIGHT: Visa Abandons Open Banking in US as Data-Access Debate Rages Bloomberg – August 22, 2025 (subscription may be required) Visa Inc. shut its open-banking business in the US amid regulatory uncertainty about consumer-data rights and the prospect of higher fees for customer information, according to people familiar with the matter. The payments company has closed...

Four Constantine Cannon Lawyers Recognized In 2026 Best Lawyers Awards

Constantine Cannon LLP is delighted to announce that four lawyers from our firm have been included in the 32ⁿᵈ edition of The Best Lawyers in America®, 2026 Edition, showcasing the top 5% of the nation’s attorneys through a comprehensive peer-review survey process.¹ Best Lawyers is committed to its process for lawyers identifying their most outstanding peers “at the highest level.” This time around,...

Payments News Update – August 22, 2025

Legal and Regulatory Developments SPOTLIGHT: CFPB Seeks Comments for New Open Banking Rule Payments Dive – August 21, 2025 The Consumer Financial Protection Bureau posed several questions Thursday about open banking, including who may represent consumers and who should cover the costs incurred in sharing data with fintechs that seek to supplant banks in providing financial services. The bureau filed notice...