Three payment industry leaders have joined forces to create an AI-powered compliance verification tool for Visa's Commercial Enhanced Data Program (CEDP). Developed by Fee Navigator, Optimized ...

After a federal judge allowed a new state law to ban interchange fees on taxes and tips, a coalition of banks and credit ...

A federal court upheld Illinois' law banning swipe fees on server tips and taxes, making it the first state to do so. Here's ...

Retailers are celebrating a “big win” following the latest Competition Appeal Tribunal (CAT) ruling in the long-running dispute over the fees set by Mastercard and Visa in relation to accepting card ...

A federal judge has upheld a first-of-its-kind Illinois law that protects consumers and retailers from paying so-called credit card “swipe fees” on taxes and tips.

The law prohibits card networks from charging interchange fees — commonly called swipe fees — on the sales tax and tip portions of transactions. The payments industry says the ruling threatens ...

MATTOON, Ill. (WCIA) — A federal judge is ruling to keep a first-of-its-kind law on the books in Illinois. It prohibits banks ...

WASHINGTON, D.C. — A challenge to the Illinois Interchange Fee Prohibition Act (IFPA) failed on Feb. 10 when U.S. District Judge Virginia Kendall ruled in favor of merchants in a lawsuit filed by ...

It will stifle competition and harm consumers just as the card market has grown more competitive. Nobody is delighted with the latest settlement proposal in the multi-decade antitrust lawsuit against ...