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May 19, 2025
Top Post
Capital One Completes Acquisition of Discover
Business Wire
"Capital One Financial Corporation announced that it has completed its acquisition of Discover Financial Services. “This deal brings together two innovative, mission-driven companies that together are poised to deliver breakthrough products and experiences to consumers, businesses, and merchants,” said Richard D. Fairbank, Founder and CEO of Capital One."
May 7, 2025
On the web
Discover Survey: Americans Seek to Improve Their Financial Lives Amid Uncertainty
Discover
"More than four in five Americans (84%) are interested in improving their financial situation, but two in five (41%) are unsure about how to best manage their personal finances, according to a new national survey conducted by Discover® Personal Loans. Many Americans believe their financial situation will stay the same (41%) or get better (38%) in the year ahead, but 20% expect their financial situation to be worse off."
April 21, 2025
On the web
Discover Financial Services Hit With $250 Million Penalty
Investing
"Discover Financial Services, a $40.16 billion financial services giant with a "GREAT" financial health score according to InvestingPro, and its affiliates have been ordered to pay $250 million in civil money penalties, as announced in a recent Securities and Exchange Commission filing. The orders, dated April 16, 2025, for Discover Bank, and April 18, 2025, for Discover Financial Services and DFS Services LLC, resolve investigations by the Federal Deposit Insurance Corporation and the Board of Governors of the Federal Reserve System into a card product misclassification issue previously disclosed by the company."
April 4, 2025
On the web
Capital One’s $35 Billion Deal for Discover Clears Us DOJ Hurdle, NYT Reports
Reuters
"Capital One Financial Corp got the greenlight from the Justice Department for its proposed $35 billion acquisition of Discover Financial Services, the New York Times reported. The approval came after the DOJ told other regulators looking into the acquisition that it does not see sufficient competition concerns to block the deal, the report said. The Office of the Comptroller of the Currency (OCC) and the Federal Reserve will review the merger with input from the DOJ."
March 5, 2025
On the wires
Skipify and Discover Announce Strategic Partnership to Enhance Tokenization & Streamline Digital Payments
PR Newswire
Skipify, a technology company redefining the checkout experience, announced its partnership with Discover® Global Network. The technology partnership aims to provide simplified and enhanced checkout for Discover cardholders, improving shopper satisfaction and delivering higher authorization, conversion, and security for participating Discover merchants through Skipify's payment infrastructure.
February 19, 2025
Top Post
Capital One and Discover Stockholders Approve Capital One’s Proposed Acquisition of Discover
Business Wire
"Capital One Financial Corporation and Discover Financial Services announced that each company’s respective stockholders have voted to approve Capital One’s previously announced acquisition of Discover at each company’s Special Meeting of Stockholders."
December 11, 2024
On the web
Discover Survey: Save More, Earn More and Spend Less Are Top 2025 Financial Resolutions for American Consumers
Discover
"Just over half (54%) of U.S. consumers plan to make a financial resolution for 2025, according to a new national survey conducted by Discover® Personal Loans. The top financial resolutions in America are to save more in general (42%), earn more (35%), spend less (35%), improve credit scores (27%), build an emergency fund (26%) and pay off or consolidate debt (21%)."
November 15, 2024
On the web
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.
November 4, 2024
On the web
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."
August 26, 2024
On the web
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."
August 8, 2024
Top Post
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."
July 24, 2024
On the web
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.
July 23, 2024
On the web
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."
July 11, 2024
On the web
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."
July 8, 2024
On the web
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."
June 19, 2024
On the web
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."
June 4, 2024
On the web
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."
June 3, 2024
On the wires
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"
May 14, 2024
On the web
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."
April 24, 2024
On the web
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."
February 20, 2024
Top Post
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."
February 19, 2024
On the web
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."
November 30, 2023
On the web
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."
October 18, 2023
On the web
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."
October 12, 2023
On the wires
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"
August 17, 2023
On the wires
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."
August 10, 2023
On the wires
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."
July 5, 2023
On the web
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."
June 6, 2023
On the wires
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."
January 18, 2023
On the wires
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.
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