Bank of America (BAC) Explores Fiserv Debit Network Deal To Rethink Payment Fees
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Bank of America is exploring a deal with Fiserv for its debit network, potentially to rethink payment fees. Fiserv is reportedly discussing a potential sale of its debit payments network with major US banks, although the outcome and details of the talks are unclear. The possible deal has sparked interest and concern among other industry players, including Visa, whose stock has fallen in response to the news.
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