The OCC issued two interim final actions preempting the Illinois Interchange Fee Prohibition Act, causing the Seventh Circuit to vacate and ...

He has more than 12 years of storytelling, editing, and design experience in print and online journalism and is most knowledgeable in the areas of credit scores, financial products and services, and ...

On April 29, 2026, the OCC, a division of the federal Department of the Treasury that regulates nationally chartered banks, issued an interim ...

Consumers are about to pay the price for Illinois’ swipe fee law. The state’s controversial Interchange Fee Prohibition Act ...

Banking groups that sued the state of Illinois over its law barring banks from charging interchange fees on taxes and tips ...

You may have seen advertisements warning of “credit card chaos” coming to Illinois this summer, but the reality is much more ...

Colorado just passed SB26-134, which prohibits credit and debit card networks from charging interchange fees on the sales tax ...

I often encounter three misconceptions about interchange fees. They may seem trivial, but they are truly fundamental to understanding the payment market, which will help you discuss fees more ...

CHICAGO — Credit card interchange fees cost consumers money in the form of higher prices and are the product of secret, collusive meetings among the companies that issue the cards. That's the message ...

CHICAGO - Rising credit card interchange fees are among the top concerns of food retailers, according to supermarket executives interviewed at the Food Marketing Institute show here last week. "The ...

Given new government rules on payment processing, giants like Bank of America, Chase and Wells Fargo would benefit immensely ...

As Congress and the White House examine consumer protection rules for the banking industry, merchants hope they'll also look into another aspect of the card game -- the increasing fees retailers are ...