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Late last year, Visa began enforcing new standards within the Visa Integrity Risk Program (VIRP) that affect adult content, dating services, and escort services. These updates raise expectations for merchant classification, transparency, and compliance. Keep reading to learn about these changes.
As telehealth and digital pharmacy models mature, what began as a convenience-driven expansion of care has evolved into a structurally important component of the healthcare ecosystem. With that maturity comes new demands, not just in how care is delivered and marketed, but in how it is paid for. Read more.
Learn about website hijacking how it is used to turn internet search platforms into vehicles for selling illegal drugs.
In early fall, it's prime season for merchants selling Halloween costumes, theatrical makeup, and, increasingly, decorative contact lenses. Since these contact lenses typically have no vision-correction purposes, consumers and payment facilitators alike may not realize they are products regulated by the Food and Drug Administration (FDA) that pose real risks if used improperly. Also called…
The supplement industry grew by $345 million in 2019, which added to steady growth for the $32 billion industry. But that's small potatoes compared to the first few months of 2020, in which supplement sales surged a whopping $586 million by mid-May alone, according to healthcare executive Kristin Hornberger of IRI Worldwide in a recent…
As the pandemic continues to limit access to in-person healthcare services, telemedicine providers play an increasingly important role in providing services such as prescriptions and medical consultations. In response to this surge in demand, LegitScript is currently discounting application fees and first year annual monitoring fees for eligible telemedicine providers who apply for LegitScript certification…
CVS announced in May a new policy that requires all vitamins and dietary supplements in the store to be third-party tested for safety and label accuracy. The "Tested to Be Trusted" program is an innovative initiative to weed out problematic supplements, but will it create new problems for e-commerce platforms and payment service providers operating…
The CEO of Enhanced Athlete, Inc., a California-based dietary supplement distributor, pleaded guilty late last month to a felony related to the marketing and sale of DNP, a dangerous substance used by bodybuilders and others for weight-loss purposes. The plea made by Scott Cavell came just weeks after a criminal conviction in a UK court…
Recent news is replete with stories about the potential of stem cell therapy as well as cautionary tales about unscrupulous stem cell clinics that promise cures for chronic diseases but fail to deliver. Confusion over stem cell therapy is widespread enough that, in late 2017, the FDA Commissioner issued a statement promising a comprehensive policy…
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