The Illinois state legislature voted Sunday (June 1) to delay the implementation of a law that would bar companies from charging interchange fees on the tax and tip portions of credit and debit card transactions. Get the Full Story Complete the form to unlock this...
With artificial intelligence (AI) rapidly advancing and permeating various aspects of society, lawmakers and government agencies are grappling with the challenges of regulating this technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
A federal grand jury has charged two operators of payment processing companies with bank fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
The groundswell against the app stores and their commissions comes to the states. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
February 10, 2020
The jousting over eCommerce taxes — especially for U.S. firms operating on an international scale — is about to get more heated. Last week in India, the government proposed a tax on eCommerce transactions that will likely increase operating costs for sellers large and small. Get the Full Story Complete the form to unlock this […]
April 22, 2019
“You can’t teach an old dog new tricks” — so goes the dim, cynical saying. That would seem to apply to credit unions (CUs), and to Consumers Credit Union of Illinois specifically, one...
October 29, 2018
A handful of states — most recently Illinois — have changed labor laws and business mileage reimbursement practices. Tracking gas costs, and paying employees for insurance and registration fees, is no...
June 18, 2025
Illinois has delayed for one year the implementation of a law that would bar companies from charging interchange fees on the tax and tip portions of credit and debit card transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins […]
June 02, 2025
The Illinois state legislature voted Sunday (June 1) to delay the implementation of a law that would bar companies from charging interchange fees on the tax and tip portions of...
December 08, 2022
A federal grand jury has charged two operators of payment processing companies with bank fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
October 25, 2020
With COVID-19 cases rising in Illinois, operators of small- to medium-sized businesses (SMBs) in heavily populated areas face new shutdowns — measures likely to be all the more painful economically...
