You may have seen advertisements warning of “credit card chaos” coming to Illinois this summer, but the reality is much more ...
Consumers are about to pay the price for Illinois’ swipe fee law. The state’s controversial Interchange Fee Prohibition Act ...
He has more than 12 years of storytelling, editing, and design experience in print and online journalism and is most ...
The measure, sent Thursday to the governor's desk, would mark the second state ban on interchange fees and could inform an ...
Banking groups that sued the state of Illinois over its law barring banks from charging interchange fees on taxes and tips ...
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 ...
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 ...
No one should be swayed by the scare tactics and legal challenges against Illinois’ credit card swipe fee restrictions.
The Defense Credit Union Council is concerned over Puerto Rico House Bill 1216, which would exclude taxes and gratuities from ...
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 ...
Separate bills making their way through the Texas Legislature have banks and consumer advocates on edge, posing challenges to the state's financial infrastructure and its pro-business bent. At issue ...
In a Truth Social post, President Trump backed a bill called the Credit Card Competition Act (sometimes called the Durbin-Marshall credit card mandate), saying it will help put an end to what he calls ...