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 ...

If you've paid the bill at your favorite restaurant with a credit card lately, you've almost certainly seen the charge added at the bottom. Credit card processing fees have become a standard line-item ...

The “Swipe Fee ripoff,” as President Donald Trump succinctly described, is a scourge on American small businesses and consumers. Charging vendors roughly 2.5% of every credit card transaction, these ...

Comptroller of the Currency Jonathan Gould. The Office of the Comptroller of the Currency Friday issued an interim final rule and accompanying order that would preempt an Illinois state law banning ...

Comptroller of the Currency Jonathan Gould. The Merchants Payments Coalition urged the Office of the Comptroller of the Currency on Friday to withdraw its recent move to nullify state-level swipe fee ...

(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 ...

Restaurant owners are concerned about credit card "swipe fees," which can cost them up to 3.5% of a customer's total bill. A bipartisan bill, the Credit Card Competition Act, aims to reduce these fees ...

A Pennsylvania House Committee recently advanced legislation that would help bring down costs for the commonwealth’s 1.2 million small businesses. The proposal — House Bill 2090 — would rein in how ...

The BDN Opinion section operates independently and does not set news policies or contribute to reporting or editing articles elsewhere in the newspaper or on bangordailynews.com Kaitlyn Ross is the ...