JPMorgan, BofA and Others Explore Buying Card Network to Raise Debit-Card Fees
JPMorganBank of Americapaymentsdealcard networktransaction feesbanking regulations
Author: JumpCrisscross
Date: 7/7/2026
Article Summary:
JPMorgan, Bank of America, and other banks explore a potential deal to acquire a card network, which could allow them to increase transaction fees but raises concerns among some bank executives about public backlash.