Payments News Update – February 18, 2021
Posted 02/18/21
Legal and Regulatory Developments
SPOTLIGHT: Feds Probing American Express' Business, Consumer Card Sales Practices
The Hill – February 12, 2021
American Express disclosed on Friday that several federal agencies are probing its sales practices for its small business credit cards and consumer cards. The company said in a regulatory filing that it received a grand jury subpoena in January from the U.S....