Banking

Cap One could dodge law requiring added processing capacity


Capital One could be excluded from the proposed Credit Card Competition Act of 2023 if its acquisition of Discover Financial Services goes through and the bank creates an in-house processor.  Read more on the Capital One, Discover deal The proposed act, introduced in June 2023 by U.S. Sen. Richard Durbin, D-Ill, would require credit card […]





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Business Asia
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