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 ...

On August 6, the U.S. District Court for the District of North Dakota granted the plaintiff’s motion for summary judgment and denied the Fed’s cross-motion for summary judgment. The court found that ...

Forbes contributors publish independent expert analyses and insights. I cover the intersection of state & federal policy and politics. Aug 18, 2025, 11:02am EDT Aug 18, 2025, 02:06pm EDT JP Morgan ...

The measure, sent Thursday to the governor's desk, would mark the second state ban on interchange fees and could inform an ...

On August 6, the US District Court for the District of North Dakota, in Corner Post, Inc. v. Bd. of Governors of Fed. Rsrv. Sys., vacated the entirety of Regulation II – the Federal Reserve Board’s ...

More states are introducing legislation exempting merchants from paying interchange on sales tax and tips. Bills are currently pending in Alaska, Massachusetts, and New York. In Alaska, the proposed ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Americans currently use debit cards and credit cards for nearly 82% of their payments and purchases, almost double the share as recently as 2003. In 2022, they used debit cards 98 billion times for ...