A battle between financial institutions and retailers over a first-of-its-kind Illinois law that would prohibit credit card swipe fees from applying to taxes and tips is only heating up as the July 1 ...

(The Center Square) – The U.S. Treasury Department’s Office of the Comptroller of the Currency has released notice of a pending order to preempt the Illinois Interchange Fee Prohibition Act. The state ...

As gasoline and diesel prices climb, banks are collecting significantly more in credit card “swipe” fees, with estimates reaching as high as $58 million per day. Data highlighted by the Merchants ...

I have many fond memories of growing up in the Chicago suburbs, including eating out at Lou Malnati’s, visiting Chicago museums on weekends and tagging along with my mom for grocery runs at Jewel-Osco ...

A federal agency ruled that Illinois cannot limit credit card swipe fees for federally chartered banks. The Illinois law sought to prohibit swipe fees on the tax and tip portions of transactions. The ...

Colorado’s long‑running fight over credit‑card swipe fees entered its final round Tuesday, when lawmakers sent a proposal to Gov. Jared Polis and rival industry coalitions immediately launched ...