Banks and credit unions are preparing for the loss of interchange fees on Illinois debit and credit card transactions following the court’s decision in Illinois Bankers Association et al. v. Raoul, No. 24-7307 (N.D. Ill. Feb....more
3/23/2026
/ Appeals ,
Banking Sector ,
Banks ,
Credit Unions ,
Financial Institutions ,
Illinois ,
Injunctions ,
Interchange Fees ,
New Legislation ,
Payment Systems ,
Penalties ,
Preemption ,
State and Local Government ,
State Attorneys General
The U.S. Department of the Treasury has released two new artificial intelligence (“AI”) resources intended to help banks and other financial institutions adopt AI more securely and consistently: (1) an Artificial Intelligence...more
3/3/2026
/ Artificial Intelligence ,
Banking Sector ,
Cybersecurity ,
Due Diligence ,
Financial Institutions ,
Financial Services Industry ,
Government Agencies ,
New Guidance ,
NIST ,
Regulatory Oversight ,
Risk Assessment ,
Risk Management ,
U.S. Treasury