JPM, BofA Eye Payments Deal — Why JPMorgan, Bank Of America And Other Banks Want Fiserv’s Debit Network
Fiserv (FISV) share price gained 4% after-hours amid a report that several top financial institutions are looking to acquire a network owned by the firm to bypass federal caps on debit card transaction fees.Wall Street giants, including JPMorgan Chase, Bank of America, Wells Fargo and PNC Financial…