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May 7, 2025

On the web

Companies

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."
Tags: Discover

April 21, 2025

On the web

Companies

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."
Tags: Discover

April 4, 2025

On the web

Companies

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."
Tags: Capital One Discover

March 5, 2025

On the wires

Companies

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.
Tags: Discover

February 19, 2025

Top Post

December 11, 2024

On the web

Companies

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%)."
Tags: Discover

November 15, 2024

On the web

November 4, 2024

On the web

August 26, 2024

On the web

August 8, 2024

Top Post

July 24, 2024

On the web

July 23, 2024

On the web

July 11, 2024

On the web

July 8, 2024

On the web

June 19, 2024

On the web

June 4, 2024

On the web

June 3, 2024

On the wires

May 14, 2024

On the web

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

April 24, 2024

On the web

February 20, 2024

Top Post

February 19, 2024

On the web

November 30, 2023

On the web

October 18, 2023

On the web

October 12, 2023

On the wires

August 17, 2023

On the wires

August 10, 2023

On the wires

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

July 5, 2023

On the web

June 6, 2023

On the wires

January 18, 2023

On the wires

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

October 28, 2022

On the wires

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
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