Companies

Telered and Discover® Global Network Sign Strategic Alliance, Increasing Acceptance for Cardholders

Discover

Telered hosted representatives from Discover Global Network to mark the beginning of their work together. Telered, through the Sistema Clave system, is integrating with the Discover Global Network.

Tags: Discover

Companies

Discover® Global Network Study: Slow Payments and Fraud Prevention Are Pivotal Growth Opportunities in Consumer and Merchants Segments

Discover

"Discover ® Global Network released the third portion of its 2024 Payments State of the Union, the most comprehensive study of its kind, with key insights into the payments ecosystem."

Tags: Discover

Companies

Discover® Global Network Study: 91% of Asia-Pacific Businesses Prioritize Fraud Prevention Services, Appeal for Virtual Card Numbers Grows

Discover

"Discover ® Global Network released the second portion of its 2024 Payment State of the Union, the most comprehensive study of its kind, with key insights in the commercial payments landscape."

Tags: Discover

Companies

PULSE® Study Finds Debit’s Importance to Consumers Continues to Increase

Business Wire

"More U.S. consumers are using debit for more transactions and are spending more in the process. The 2024 PULSE Debit Issuer Study, commissioned by Discover® Financial Services’ PULSE debit network and conducted by Banking & Payments Group, finds the total number of debit cards, transactions, and annual spend per active card all increased in 2023."

Tags: Discover

Companies

Capital One Customers Sue to Block $35 Billion Discover Merger

Reuters

Banking giant Capital One and credit card issuer Discover Financial have been hit with a lawsuit claiming their proposed $35 billion merger would reduce competition, drive up prices and should be stopped.

Tags: Capital One Discover

Companies

Discover Survey: Anxiety and Avoidance are Driving the Financial Lives of Many Americans

Discover

"Four in five Americans have anxiety about their financial situation, with 34% experiencing moderate or severe anxiety, according to a new national survey conducted by Discover® Personal Loans."

Tags: Discover

Companies

Army & Air Force Exchange Service to Collaborate with Discover® Global Network to Expand MILITARY STAR Card Acceptance

Discover

"The Exchange Credit Program and Discover® Global Network today announced a collaboration that will allow the Exchange Credit Program’s MILITARY STAR card to be widely used across installations, improving the Quality of Life for military communities."

Tags: Discover

Companies

Discover Launches Balance+: A Fee-Free Overdraft Protection Feature for Debit Card Purchases

Discover

"Discover announced Balance+, an innovation for its Cashback Debit Checking account, providing customers with fee-free discretionary overdraft coverage applicable on everyday debit card transactions."

Tags: Discover

Companies

Discover® Global Network and Nets Collaboration Expands Singapore Acceptance

Discover

"Network for Electronic Transfers (NETS) and Discover Global Network have launched their strategic agreement, signed in 2022, in an event with executives from both companies. The agreement will expand the global acceptance footprint for Discover Global Network cardholders within Singapore."

Tags: Discover Network for Electronic Transfers (NETS)

Companies

DNA Payments Expands Online Card Acceptance With Discover Global Network to UK Merchants

IBS Intelligence

"DNA Payments has expanded its online card acceptance with Discover Global Network, giving consumers more ways to pay via its Website Payments and Payment Links Ecommerce products."

Tags: Discover DNA Payments

Companies

Discover® Global Network Study Shows 85% of Consumers are Less Likely to Interact with a Business Due to a Poor Payment Experience

Business Wire

"Discover Global Network® released the first portion of the 2024 Payment State of the Union, one of the most comprehensive studies of its kind in the industry, providing global perspectives from merchants and consumers"

Tags: Discover

Companies

Agencies Announce Public Meeting on Proposed Acquisition by Capital One of Discover; Public Comment Period Extended

Board of Governors of the Federal Reserve System

"The Federal Reserve Board and the Office of the Comptroller of the Currency (OCC) today announced a joint public meeting on the proposal by Capital One Financial Corporation, of McLean, Virginia, to acquire Discover Financial Services, of Riverwoods, Illinois...The purpose of the public meeting is to collect information from a wide range of stakeholders as the agencies evaluate the applications."

Tags: American Express Discover Federal Reserve

Companies

U.S. Bank Regulators Extend Comment Period on Capital One-Discover Deal

MarketScreener

"U.S. bank regulators announced Wednesday they were extending the comment period on Capital One's bid to acquire Discover Financial to allow more time for feedback. The public will now have until May 31 to weigh in on the pending $35 billion deal, which would create the sixth-largest bank and a payments giant."

Tags: Discover

Companies

Capital One to Buy Discover Financial in $35.3 Billion All-Stock Deal

Reuters

"Warren Buffett-backed U.S. consumer bank Capital One plans to acquire U.S. credit card issuer Discover Financial Services in an all-stock transaction valued at $35.3 billion to create a global payments giant, the companies said on Monday."

Tags: Capital One Discover

Companies

Capital One Acquiring Discover Financial Services, Report Says

CNBC

"Capital One Financial is set to acquire Discover Financial Services, according to a report from The Wall Street Journal. The deal could be announced Tuesday, the outlet said, citing sources."

Tags: Capital One Discover

Companies

Discover Financial Services to Explore Sale of Discover Student Loans Portfolio

Business Wire

"Discover Financial Services announced that the Company’s Board of Directors has authorized Discover management to explore the sale of the Discover Student Loans portfolio and the transfer of servicing of these loans to a third-party provider as it pursues strategic alternatives for the Discover Student Loans business."

Tags: Discover

Companies

Apple Wallet App Integrates Balances and Transaction History for Discover US Credit Cards

9to5Mac

"Similar to functionality launched in September in the UK, the Apple Wallet app will now be able to show the card’s balance and transaction history for Discover US credit card customers."

Tags: Discover

Companies

Discover® Global Network Launches a New Network Tokenization Platform

Business Wire

"The New Network Tokenization Platform is a Cloud-based platform that allows companies to easily integrate and offer Stored Payment Token Specifications"

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Companies

PULSE® Study Finds Debit Issuers Focused on Digital Payments, Mobile Self-Service, Fraud Mitigation

Businesswire

"The 2023 PULSE Debit Issuer Study, commissioned by Discover® Financial Services’ PULSE debit network and conducted by West Monroe, finds consumer demand for digital experiences, mobile self-service capabilities and fraud management is commanding the attention of financial institutions."

Tags: Discover

Companies Industry

PULSE® Extends Debit Fraud Detection Agreement with FICO®

Businesswire

"PULSE, a Discover® Financial Services company and operator of the PULSE debit network, has agreed to an extension of its partnership with global analytics software provider FICO. PULSE and FICO collaborate to deliver market-leading fraud-detection technology that reduces losses and risk exposure for financial institutions, merchants and consumers worldwide."

Tags: Discover

Companies

Phos Partners with Discover® Global Network to Expand SoftPoS Acceptance

Fintech Finance

"Phos by Ingenico, the global leader in software point-of-sale (SoftPoS) orchestration for businesses, has partnered with Discover Global Network to enable its merchants to accept payments from Discover, Diners Club International® and network alliance Cardholders worldwide."

Tags: Discover Ingenico

Companies

Discover® Global Network Study Finds 93% of Global Fintechs Increased Reliance on Payment Networks Given the Current Economic Environment

Business Wire

"Today, Discover shared a portion of the third annual Fintech State of the Union, the most comprehensive study of its kind in the industry, providing global perspectives from consumers, fintech vendors, and venture capitalists."

Tags: Discover

Companies

Discover® Global Network Launches Transit Solution Internationally

Businesswire

Discover® Global Network, the payments brand of Discover®, has launched Tap and Pay solutions with transit agencies and local acquiring partners such as EMT Madrid, Metro de Seville and GetNet in Spain, Mennica in Poland and New Taipei Metro in Taiwan. Riders may now use their Discover, Diners Club International® and network alliance partner cards to make contactless payments at these transit agencies in top international destinations.

Tags: Discover

Companies

Discover Global Network Study Finds Open Banking Relevant to 78% of Fintechs

“The second annual research study by 451 Research, a part of S&P Global Market Intelligence, and commissioned by Discover® Global Network identifies emerging trends shaping the fintech ecosystem, including connected commerce, open banking, embedded finance and real-time payments. According to this year’s Fintech State of the Union, 78% of fintechs said that open banking technology is “relevant” to their business. This is likely because of the positive consumer sentiment that fintech institutions are experiencing with regard to open banking technology. In fact, the research from Discover and 451 revealed that 68% of consumers like open banking because it results in faster credit approvals. The study also revealed that over 6 in 10 fintechs (63%) show a strong interest in partnering with a payment network to develop open banking solutions.”

Tags: Discover

Companies

Discover Global Network Study Finds Open Banking Relevant to 78% of Fintechs

Businesswire

“The second annual research study by 451 Research, a part of S&P Global Market Intelligence, and commissioned by Discover® Global Network identifies emerging trends shaping the fintech ecosystem, including connected commerce, open banking, embedded finance and real-time payments. According to this year’s Fintech State of the Union, 78% of fintechs said that open banking technology is “relevant” to their business. This is likely because of the positive consumer sentiment that fintech institutions are experiencing with regard to open banking technology. In fact, the research from Discover and 451 revealed that 68% of consumers like open banking because it results in faster credit approvals. The study also revealed that over 6 in 10 fintechs (63%) show a strong interest in partnering with a payment network to develop open banking solutions.”

Tags: Discover

Companies

Discover Launches Free Benefit to Help Customers Remove Personal Information From 10 Popular Data-Collecting Websites

Discover

“Discover today announced the launch of Online Privacy Protection, a new, free benefit for customers that helps remove their personal information from 10 popular websites that collect and sell user information. This benefit is for both Credit Card and Bank customers and only available in the Discover mobile app.”

Tags: Discover

Companies Global

Arab Financial Services and Discover Sign Network Alliance Agreement

“Arab Financial Services (AFS), the leading digital payment solutions provider and fintech enabler in the Middle East and Africa, and Discover, a digital banking and payments services company, have signed a strategic network alliance agreement that will increase the global acceptance footprint for both organizations. The agreement will initially give Discover, Diners Club International and network alliance cardholders the ability to use their card on AFS Android-based point-of-sale (POS) terminals across the Kingdom of Bahrain. All AFS POS terminals are enabled for contactless debit and credit card payments.”

Tags: Discover Middle East

Companies Global

Discover Announces Alliance With Malaysia’s PayNet to Expand Worldwide Acceptance

“Discover, a leading digital bank and payments company, and Payments Network Malaysia Sdn Bhd (PayNet), the national payments network and shared central infrastructure for payment services in Malaysia, have signed an agreement that will greatly expand acceptance for Discover, Diners Club International and network alliance cardholders in Malaysia. The agreement complements Discover’s strategy of growing acceptance in Asia Pacific to support existing partners in countries such as Singapore, India, China and Japan by potentially opening acceptance at 10,000 ATM locations and more than 570,000 point-of-sale terminals throughout Malaysia.”

Tags: Discover Malaysia

Companies Use

Discover Recognized As The First Digital Bank To Meet Bank On’s Certification Standards

“Cashback Debit , the online checking account from Discover, was recently certified by the national nonprofit organization, Cities for Financial Empowerment (CFE) Fund. The CFE Fund’s mission is to improve the financial stability of low and moderate income households by embedding financial empowerment strategies into local governments. The CFE Fund developed the Bank On National Account Standards, which support financial institutions’ efforts to connect consumers to secure and low-cost bank accounts. Discover is the first digital bank to meet the Bank On’s certification standards with the no fee1 Cashback Debit account.”

Tags: Discover Financial Inclusion

Companies

areeba and Discover sign Network Alliance Agreement

“areeba and Discover signed a strategic agreement that increases the global acceptance footprint for both organizations. The agreement gives Discover, Diners Club International, PULSE and Network Alliance cardholders the ability to use their cards on the areeba network, which includes Point-of-Sale (POS) and e-commerce platforms across Lebanon.”

Tags: Discover