US EditionCapitol Fa - Your Illinois News Radar » Judge denies bid to extend swipe fee injunction to credit card companies, applies it to out-of-state banksCapitolFax.com
4 Articles
4 Articles
Judge declines to extend ‘swipe fee’ injunction to Illinois banks
A federal judge on Thursday declined to issue an injunction to stop an Illinois law that bans certain credit card fees from applying to credit card companies and Illinois banks. Credit and debit card ...
Banks opposing state’s landmark credit card fees law keep up arguments in court, Springfield
Financial services companies in Illinois are fighting a landmark state law on credit card fees in court and in Springfield as banks get closer to a July 1 implementation they say they’re not equipped to meet. “The rails are not built for this train to move on. Like, they are not constructed. They don’t even know — the engineering part is not done yet, let alone tracks laid down,” Ben Jackson, executive vice president of government relations at t…
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