A federal agency says Illinois cannot limit credit card swipe fees for federally chartered banks, despite a judge's ruling.

Federal order is the latest development in a nearly two-year fight between banks and retailers over an Illinois law that bans ...

An Illinois law that would prohibit financial institutions from charging credit and debit card “swipe” fees is tied up in the ...

Companies that oppose the Interchange Fee Prohibition Act are appealing a ruling by a federal judge that upheld the law, which will be effective July 1.

FMI condemned action taken on April 24 by the Office of the Comptroller of the Currency to issue two interim final rules.

Colorado Senate Bill 26-134 is scheduled for a second reading in the Senate at 10 a.m. today, April 27. A variation on the ...

Although inflation has eased since peaking in 2022, retailers say that credit card swipe fees are not helping to lower inflation. The National Retail Federation sent a letter this week to the Senate ...

A battle between financial institutions and retailers over a first-of-its-kind Illinois law that would prohibit credit card ...

A proposal is moving through the Kansas Legislature that would ban credit card networks from applying fees to sales taxes and tips. If passed, the measure would unlock immediate savings for the ...

At the heart of the issue are credit card “swipe fees” — a processing charge merchants pay every time a customer uses a ...

From tap to approval, a credit card transaction involves multiple companies and dozens of decisions -- all in under two ...