Fitch: EU Card Fee Proposal Has Limited Impact on AmEx, Discover
July 24, 2013 at 15:49 PM EDT
Today's draft proposal by the EU Commission to cap interchange fees for some European debit and credit card transactions will likely have only a limited and manageable financial impact on American Express (AmEx) and Discover Financial Services (Discover). Fitch expects the largest impact to be felt by card-issuing banks in
