This tidily demonstrates the value of a competent regulatory authority. The payment processor (i.e. card provider) should be even more afraid of the regulator than they are of potential lost business.
Would be nice, except that consumer protections were anyways an afterthought in this country and we just elected a government with an explicit goal to kill them entirely.
I agree about the current government. However, we do have examples of muscular regulatory schemes and infrastructure in this country's past: CFPB and Dodd-Frank are recent good examples. Both could also have been stronger, of course.
