Processing fees for credit cards are distributed to the card’s issuing bank (interchange fee), the credit card network (assessment fee) and the processor that facilitates the payments process ...

Financial services companies in Illinois are fighting a landmark state law on credit card fees in court and in Springfield as ...

A federal judge on Thursday declined to issue an injunction to stop an Illinois law that bans certain credit card fees from ...

It would in effect cut the maximum interchange fee banks can charge on debit card transactions by nearly one-third. In December, the American Bankers Association sent a letter to the Fed arguing that ...

recently published a study that examined debit card data after Congress imposed a cap on debit card interchange fees in the Dodd--Frank bill, which took effect in 2011, for banks with more than $ ...

The American people suffered through several years of high inflation brought on by the COVID-19 pandemic, which temporarily ...

U.S. District Court Judge Virginia Kendell extended the injunction against Illinois’s pending interchange law late Thursday ...

(The Center Square) – Illinois’ controversial Interchange Fee Prohibition Act has taken another turn in court. The law ...

On February 6, 2025, the U.S. District Court of the Northern District of Illinois declined to issue a preliminary injunction to stop an ...

Retailers can’t join in the defense of an Illinois law banning bank “swipe fees” on sales taxes and tips, a federal judge ...

Reserve Bank of India (RBI) is considering to hike the maximum fee that banks can charge for customers’ incremental cash ...

If you use ATMs, then this news is important for you. The Reserve Bank of India (RBI) is considering increasing the maximum ...