JPM, BofA Eye Payments Deal — Why JPMorgan, Bank Of America And Other Banks Want Fiserv’s Debit Network
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JPMorgan and Bank of America are reportedly considering a deal related to Fiserv's debit network, potentially to rethink payment fees. The move is part of a broader trend of innovation and realignment in the payments sector, with some banks also exploring tokenized deposits. However, the exact nature and scope of the potential deal, as well as the involvement of other banks, is unclear.
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