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WASHINGTON— A top federal banking regulator has now formally joined the banking industry’s push to block Illinois’ controversial swipe-fee law, with the Office of the Comptroller of the Currency urging the Seventh Circuit to reverse a lower-court ruling that largely allowed the state’s Interchange Fee Prohibition Act (IFPA) to stand, according to Law360.

WASHINGTON— Senate Banking Committee Ranking Member Elizabeth Warren (D-MA) is escalating scrutiny of the auto-lending market, sending letters to the nation’s five largest auto lenders seeking detailed underwriting and pricing data tied to loans made to active-duty service members and veterans, amid concerns military borrowers are being charged higher rates while many vehicle loans remain outside key federal lending protections.

NAPERVILLE, Ill. — The Illinois Credit Union League Tuesday announced the creation of its first‑ever Young Professional Associate Director position on the ICUL board of directors—an initiative designed to elevate emerging leaders, strengthen statewide engagement, and foster long-term leadership development within the Illinois credit union movement.

TAMPA--Debit and credit card transactions and purchases strengthened in February, despite a backdrop of continued slow job growth, subdued consumer sentiment and rising global tensions, reported Velera, citing data from the March edition of the Velera Payments Index.

MEXICO CITY, Mexico--Digital remittances from the U.S. to Mexico have overtaken cash for the first time, marking a significant shift in the world’s largest remittance corridor and underscoring how quickly cross-border payments are moving toward app-based and account-linked transfers, according to several news outlets.