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Banking Orgs. Urge 7th Circ. To Block Ill. Swipe-Fee Law

By Jon Hill ( March 9, 2026, 7:24 PM EDT) -- Banking industry trade groups have asked the Seventh Circuit to rule that Illinois may not enforce its tax and tip swipe-fee ban against national banks and other payment system participants, escalating their fight against the state's landmark Interchange Fee Prohibition Act, or IFPA....

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