Lawyers hope a court-approved extension of the claims filing deadline will provide time for resolution of conflicts and allow other business owners to file new claims in the interchange fee case
The tech company, whose tools are used by numerous stores, cut employees in its sales, engineering, professional services, data and product management teams last week
A proposed Visa-Mastercard settlement failed partly because a judge overseeing the case determined large merchants wouldn't benefit as much as smaller merchants
The card company has warned it could face an additional financial toll related to the misclassification legal matter, in which it overcharged merchants for years
Hopes for passing a 2024 buy now, pay later bill in New York state to regulate the nascent industry expired with the end of the legislative session last month