"We welcome today's court order denying the merchant groups’ request to join the litigation over the IFPA,” according to a statement issued by Ben Jackson of the Illinois Bankers Association ...

IL Interchange Fee Prohibition Act (“IFPA”) 815 ILCS 151/150-1 et seq. The Illinois Bankers Association and others collectively sought relief in the federal courts to prevent the IFPA from taking ...

The senior vice president of agricultural and rural banking policy with the American Bankers Association says the industry has several goals for the next farm bill. Ed Elfmann tells Brownfield, ...

The senior vice president of agricultural and rural banking policy with the American Bankers Association says the ...

A bill was introduced late Tuesday in the Illinois House of Representatives seeking to repeal the Interchange Fee Prohibition Act. The legislation, introduced by Rep. Margaret Croke, chairperson of ...

Banks seeking to halt a new Illinois law that bars credit card interchange fees on taxes and tips succeeded on one front, but not another, at least for now.

"Economic and monetary policy uncertainty and inflationary concerns will likely keep mortgage rates elevated for the near ...

With oil prices going down, I’ll demand that interest rates drop immediately. And likewise, they should be dropping all over ...

Joseph R. Mason is a fellow at the University of Pennsylvania's Wharton School and an academic affiliate at the BVA Group. Dr. Mason was previously a professor of finance and the Hermann Moyse, ...