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

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

Here’s a breakdown of the charges that make up credit card processing fees: Interchange fees Interchange fees make up the largest portion of the credit card processing fee that goes to the ...

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

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

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

"The statute’s plain language clearly suggests that § 1831a(j)(1) is meant to ensure that out-of-state state banks can compete with nationally chartered banks. This means that because the court ...

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

The law prohibits a credit card holder’s bank from charging or receiving interchange fees on portions of transactions, including taxes and gratuities. It is scheduled to go into effect July 1.

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