News
Judge backs Illinois law on card fees
8+ hour, 11+ min ago (715+ words) A U.S. judge ruled that federal bank law doesn't preempt an Illinois effort to ban card interchange fees on sales tax and tips. Bank groups vowed to appeal. A federal judge on Tuesday upheld an Illinois law that bans interchange fees…...
Debit cards top Fed’s fraud troubles list: survey
10+ mon, 1+ week ago (268+ words) Card and check fraud continue to plague financial institutions, a new survey from the Federal Reserve Financial Services shows. "Fraud attempts and fraud losses were most notable in debit cards and checks, with increasing attempts and losses realized," the Fed…...