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Capital One-Discover deal could result in higher debit interchange fees, US regulators told

By Ben Brody ( July 19, 2024, 21:07 GMT | Insight) -- Capital One Financial Corporation’s proposed acquisition of Discover Financial Services would allow the combined firm to blow through caps on the fees that card networks charge when processing debit transactions, according to some speakers at a public meeting held by staffers of the board of the US Federal Reserve and the Office of Comptroller of the Currency....

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