July 03, 2025
An Ohio federal judge has trimmed two online merchants' claims that bank Pathward Financial Inc. and its partner payment company PayNetWorx LLC misrepresented fees and their compliance with card network rules, saying certain contracts may hold the bank liable for the payment company's alleged fraud but may bar some other claims.
September 19, 2024
Bank Pathward Financial Inc. asked a federal judge Thursday to nix claims against it in a lawsuit brought by two online merchants who alleged that the bank and its partner payment company misrepresented fees and their compliance with card network rules, saying the merchants' claims stem from a contract that clears Pathward of liability.
August 05, 2024
Payment processor Paynetworx LLC and its partner bank Pathward Financial Inc. have been hit with a suit by two merchants who say the payment company and the bank misrepresented fees and their compliance with card network rules, causing the merchants to make millions in unnecessary and improper payments.