The $35 billion takeover of Discover Financial Services (NYSE:DFS) by Capital One Financial Corp (NYSE:COF) creates the U.S.’ biggest credit card operator, and a major headache for rivals Visa Inc ...

Capital One Financial's $35.3 billion deal for Discover Financial would create new competition for payments behemoths Visa and Mastercard, potentially helping smoothen the path for regulatory approval ...

Capital One's acquisition of Discover would make it one of the largest credit card issuers in the U.S. The deal could help boost Discover's payment network and better compete with Visa and Mastercard.

Capital One Financial's (NYSE:COF) agreement to buy Discover Financial Services (NYSE:DFS) for $35.3B, announced on Monday, portends stiffer competition for its three larger payment network rivals, ...