Visa, a prominent player in the card payments network, is facing legal action over allegations of not protecting its Vanilla prepaid gift cards from a fraud scheme known as "card draining." This ...

Jan 30 (Reuters) - Visa (V.N), opens new tab was sued on Tuesday by consumers who said the card payments network failed to make prepaid "Vanilla" gift cards less likely to being drained by thieves.

NEW YORK (Reuters) -Visa defeated a proposed class action lawsuit on Monday by consumers who accused the world's largest card payments network of failing to warn that its prepaid "Vanilla" gift cards ...

Law360 (January 31, 2024, 5:07 PM EST) -- Visa has been hit with a proposed class action accusing it of failing to warn consumers that its "Vanilla"-branded prepaid gift cards are vulnerable to ...