24 Mar MASTERCARD EXPERT WITNESS TESTIMONY & FINTECH TESTIFYING ADVISOR
Hire a Mastercard expert witness testimony provider and you’ll hear how it is one of the world’s leading global payment technology companies, facilitating electronic payments through credit, debit, and prepaid cards. Due to its pivotal role in the global financial ecosystem, top Mastercard expert witness providers note it is frequently involved in legal disputes requiring testimony. Leaders provide specialized knowledge and technical insight to assist in various types of cases.
- Payment Fraud and Security Breaches
As a company handling billions of transactions daily, it is frequently involved in cases related to payment fraud and security breaches. Mastercard expert witnesses evaluate whether it followed proper security protocols and standards to prevent fraud or data breaches. Typical cases include:
- Cardholder fraud claims, such as unauthorized transactions or stolen data
- Breaches where customer payment information was compromised
- Analysis of whether Mastercard’s fraud detection systems were inadequate
- Disputes over the company’s role in preventing or addressing security incidents
- Regulatory Compliance and Violations
The company operates within a heavily regulated industry and must adhere to various laws and financial regulations, including those set by the Federal Reserve, the European Central Bank, and local financial authorities. Mastercard expert witnesses help evaluate whether the company complied with these regulations. Relevant cases include:
- Violations of antitrust regulations, such as anti-competitive behavior in payment processing
- Non-compliance with data protection laws, including GDPR and CCPA
- Violations of financial industry regulations, such as those related to electronic payment standards
- Disputes over Mastercard’s adherence to financial industry rules and best practices
- Intellectual Property and Patent Disputes
As a technology-driven financial services company, it is involved in intellectual property (IP) disputes related to its payment systems and technology. Best Mastercard expert witness picks provide testimony in cases involving patent infringement, licensing agreements, and IP protection. Common cases include:
- Patent infringement claims related to Mastercard’s payment processing technologies
- Disputes over licensing agreements for Mastercard’s proprietary technologies
- Analysis of the originality and validity of patents held by Mastercard
- Cases involving the alleged misuse of Mastercard’s patented systems
- Contractual Disputes
And it frequently enters into complex agreements with financial institutions, merchants, and other business partners. Consultants help assess whether Mastercard fulfilled its contractual obligations or whether disputes arose due to misinterpretations or breaches of contract. Typical cases include:
- Disputes over payment processing agreements between Mastercard and merchants or banks
- Breaches of contracts related to service level agreements (SLAs)
- Disagreements regarding the terms of partnership deals or revenue-sharing agreements
- Evaluation of whether Mastercard adhered to contractual obligations related to technology or service delivery
- Consumer Protection and Liability Cases
Mastercard expert witnesses also provide insights into cases related to consumer protection laws and liability in payment transactions. SMEs help determine whether systems and processes comply with consumer protection regulations and assess the company’s responsibility in specific situations. Relevant cases include:
- Claims related to misleading advertising or terms of service
- Disputes over liability for fraudulent transactions or unauthorized charges
- Cases involving the fairness of Mastercard’s fees or charges to consumers
- Legal actions related to Mastercard’s policies on consumer refunds or chargebacks
Mastercard expert witnesses aid in a wide range of legal cases, from fraud and security breaches to regulatory compliance and intellectual property disputes.
