Visa and Mastercard are leading network payment processors globally. Both publicly traded companies faced a big blow when an American judge ordered them to pay a hefty $197 million to cardholders. A total of $197 million has been agreed to be paid by Visa and Mastercard to resolve the allegations. In particular, Visa will pay … Read more
Cash app, a popular peer-to-peer payment software, has also been linked to a platform for payment for fraudulent claims, unapproved payments, or data breaches. In order to assist people in receiving compensation, Cash App has announced that it will release $15 million in settlement funds. It is to confront improper usage of their personal data. … Read more
Wells Fargo opened millions of unauthorized bank accounts without the users’ consent in order to reach a sales goal. Customers are extremely dissatisfied with Wells Fargo Bank and have filed a class action lawsuit against the bank after their information was stolen. In response to claims of unfair and illegal tactics, Wells Fargo, one of … Read more
The AMC Class Action Lawsuit alleges that this organization has illegally shared customer data with 3rd party tracking companies. On May 16, 2024, the settlement’s final hearing took place, with an estimated settlement value of $8.3 million. Only individuals who meet AMC Class Action Settlement 2025 Eligibility will receive the amount. Due to allegations that … Read more
Over 98 million customers’ and credit card applicants’ private information was made public by one of the biggest data breaches in Capital One’s history in 2019. Social Security numbers, names, residences, credit scores, and even bank account information were included. Due to the breach’s significant impact on financial fraud and identity theft, a $190 million … Read more