Antitrust Group

Payments News Update – September 11, 2026

Legal and Regulatory Developments SPOTLIGHT: Card Fees Have Staying Power Payments Dive – August 27, 2026 Despite merchants’ persistent attacks on card fees, those tolls have an indomitable inertia that seems to suggest they aren’t shrinking anytime soon. The fees, imposed by banks that issue cards and the card networks, consistently withstand the recriminations that restaurateurs, retailers and...

Three Constantine LLP Lawyers Recognized by Best Lawyers® in The Best Lawyers in America® 2027 Edition

By the Constantine LLP Team In August, the 2027 edition of The Best Lawyers in America® was released. We are pleased to announce that three Constantine LLP (Constantine Cannon is now Constantine LLP) lawyers are highlighted in this year’s edition: Lloyd Constantine, Robert L. Begleiter, and Ankur Kapoor.[1]

Lloyd Constantine

Lloyd Constantine is recognized in Best Lawyers^® in the following categories:...

Payments News Update – August 7, 2026

Legal and Regulatory Developments SPOTLIGHT: Trump Backs Card Bill, Again Payments Dive – August 4, 2026 President Donald Trump on Monday reiterated his support for a bill that aims to spur more competition for the dominant card networks Visa and Mastercard with respect to fees they impose on credit card transactions. Trump referenced the Credit Card Competition Act in a post endorsing Kansas Sen. Roger...

Payments News Update – July 31, 2026

Legal and Regulatory Developments SPOTLIGHT: Why the Credit Card Industry Is Spending $200 Million to Oppose This Legislation—While Big Box Retailers Support It Forbes – July 23, 2026 The Credit Card Competition Act, or CCCA, targets swipe fees, which are the extra charge —typically 2-3%—that merchants pay to networks like Visa and Mastercard when users make a credit card purchase. Merchants...

Payments News Update – July 24, 2026

Legal and Regulatory Developments SPOTLIGHT: Oregon Proposes BNPL Rules Payments Dive – July 21, 2026 Oregon has proposed requiring nonbank buy now, pay later financing companies to obtain a payday lender license or a consumer finance license to operate in the state under a proposal it issued last month. The type of license would depend on the length of time that the consumer signing up for the financing...

Payments News Update – July 17, 2026

Legal and Regulatory Developments SPOTLIGHT: New York Regulator Proposes Licensing Rules for BNPL Lenders PYMNTS – July 15, 2026 The New York State Department of Financial Services (DFS) posted a notice of proposed rule making regarding buy now, pay later (BNPL) lenders together with the text of the proposed regulation Wednesday (July 15) and will accept public comment on the proposed regulation until Sept....

Payments News Update – July 10, 2026

Legal and Regulatory Developments SPOTLIGHT: JPMorgan, Bank of America and Other Banks Explore a Deal to Shake Up Payments World The Wall Street Journal – July 6, 2026 (subscription may be required) Some of the largest banks in the country have been exploring an acquisition that could allow them to get around one of the laws they hate most: the limits on fees they earn on debit-card...

Payments News Update – July 2, 2026

Legal and Regulatory Developments SPOTLIGHT: Illinois Enacts BNPL Law Payments Dive – June 25, 2026 llinois Gov. JB Pritzker on Thursday signed a bill mandating regulatory oversight of buy now, pay later companies, enacting rules to oversee the industry. The Buy-Now-Pay-Later Loan Consumer Protection Act requires BNPL providers to register with the state and to create processes for dispute resolution and...

Payments News Update – June 26, 2026

Legal and Regulatory Developments SPOTLIGHT: BNPL Groups ‘Neutral’ on Illinois Bill Payments Dive – June 23, 2026 An Illinois bill to license and regulate buy now, pay later providers is similar to a New York law, but hasn’t generated the same level of opposition by the BNPL industry. Illinois would become only the second state with a distinct law regulating installment loan providers, if Gov. JB...

Payments News Update – June 19, 2026

Legal and Regulatory Developments SPOTLIGHT: Sherrill Goes After Junk Fees New Jersey Globe – June 15, 2026 Gov. Mikie Sherrill launched a new administration-wide effort today to crack down on hidden junk fees, signing Executive Order 19 directing state agencies to examine surprise and confusing charges in the industries they regulate and develop strategies to eliminate them. The executive order requires...