Federal appeals court strikes down the Fed’s debit card fee cap
Court says the Fed must rewrite the rule capping how much banks can charge for processing debit card transactions. ABA ...
Tag: Interchange
Illinois to appeal interchange ruling
The Illinois Attorney General’s Office plans to appeal a court injunction preventing the state from enforcing the Illinois Fee Prohibition ...
Court exempts federal credit unions from Illinois interchange law
A federal court expanded an injunction against enforcement of the Illinois Interchange Fee Prohibition Act to include federal credit unions, ...
ABA, associations: Appeals court should uphold Fed’s Reg II interchange fee standard
A federal appeals court should uphold a district court ruling and reject a retailer lawsuit seeking to overturn how the ...
NCUA adopts rule to assert federal preemption over state interchange laws
The NCUA is issuing an interim final rule to clarify the powers of federal credit unions to charge certain fees, ...
Colorado governor vetoes bill to restrict interchange fees
Colorado Gov. Jared Polis vetoed legislation to prohibit the collection of interchange fees for sales taxes, saying it presented too ...
Court rules federal law preempts Illinois interchange law
A federal court ruled that an Illinois law restricting the collection of interchange fees is preempted by federal law for ...
ABA, associations reaffirm support for federal preemption of Illinois interchange law
ABA joined other national associations and state bankers associations in submitting a trio of letters expressing their support for recent ...
ABA, plaintiffs ask court to quickly issue Illinois interchange fee decision on remand
ABA and other plaintiffs are asking a federal court to issue a decision by next week in a lawsuit seeking ...
OCC: Court should reverse Illinois interchange fee decision
The OCC is urging a federal court to reverse its decision upholding Illinois restrictions on interchange fees in light of ...
