Bank of America and JPMorgan Chase Consider Teaming Up for Scheme to Extract Higher Card Transaction Fees
There could be a major battle brewing between banks, regulators, and merchants. And caught in the middle of all that might very well be you, the paying customer. The Wall Street Journal put out a blistering report on Monday highlighting that one bank’s unexpected discovery of a potential loophole has other banks considering that same loophole. In 2025, Capital One Financial purchased Discover Financial for