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Capital One’s Discover Card Migration Reshapes Payments Economics And Merger StoryCapital One Financial (NYSE:COF) is preparing to migrate Discover credit cards onto its own back-office systems starting July 2026. The migration is a core operational step in the Discover integration and is expected to be a key source of planned merger synergies. Fidelity National Information Services is reassessing options for its NYCE debit network following the Discover acquisition, reflecting wider payments ecosystem adjustments. For you as an investor, this sits at the heart of how...