Discover

Discover is a credit card brand issued primarily in the United States. It was introduced by Sears in 1985. When launched, Discover did not charge an annual fee and offered a higher-than-normal credit limit, features that were disruptive to the existing credit card industry.

Source: discover.com

Ex-Discover Exec Sues to Recoup Pay Ahead of Capital One Merger
Ex-Discover Exec Sues to Recoup Pay Ahead of Capital One Merger
September 05, 2024  |  Legal

A lawsuit by a former Discover executive claims the company wrongfully revoked millions in compensation. The lawsuit, filed Wednesday (Sept. 4) in federal court in...

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Discover Global Network Points to Social Commerce as Example of Shopping’s Digital Transformation
Discover Global Network Points to Social Commerce as Example of Shopping’s Digital Transformation
August 12, 2024  |  Social Commerce

The lines between social interaction and commerce are increasingly blurred, and they show no signs of separating, at least not anytime soon. “Social commerce takes...

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Capital One’s Profit Eroded by Walmart Deal Collapse, Discover Uncertainty
Capital One’s Profit Eroded by Walmart Deal Collapse, Discover Uncertainty
July 23, 2024  |  Earnings

It’s earnings season for America’s biggest financial services companies and institutions. So far, the common theme has been a softening of consumer credit and mixed...

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Congresswoman Waters Urges Regulators to Reject Capital One-Discover Merger
Congresswoman Waters Urges Regulators to Reject Capital One-Discover Merger
July 19, 2024  |  Acquisitions

Congresswoman Maxine Waters (D-Calif.) reiterated her opposition to the proposed Capital One–Discover merger. Waters, the top Democrat on the House Financial Services Committee (HFSC), testified...

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Capital One Announces $265 Billion Community Plan as Part of Discover Deal
Capital One Announces $265 Billion Community Plan as Part of Discover Deal
July 17, 2024  |  Acquisitions

Capital One Announces $265 Billion Community Benefits Plan Capital One said Tuesday (July 16) that a combination of the bank with Discover Financial Services would provide...

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Discover to Sell $10.1 Billion Private Student Loan Portfolio
Discover to Sell $10.1 Billion Private Student Loan Portfolio
July 17, 2024  |  Loans

Discover Financial Services plans to sell its $10.1 billion private student loan portfolio. The company’s Discover Bank entered into an agreement to sell the portfolio to one...

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They Said That: Notable Quotables From the Week of July 8, 2024
They Said That: Notable Quotables From the Week of July 8, 2024
July 12, 2024  |  Payments Innovation

PYMNTS reporters, analysts and writers do dozens of interviews every week to bring you the editorial package that is PYMNTS and PYMNTS Intelligence. While they...

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Army & Air Force Exchange Service, Discover Expand MILITARY STAR Card Acceptance
Army & Air Force Exchange Service, Discover Expand MILITARY STAR Card Acceptance
July 12, 2024  |  Partnerships

Army & Air Force Exchange Service (Exchange) has teamed up with Discover Global Network to expand the acceptance of and add new technology to its...

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Discover Unveils Overdraft Protection for Debit Card Customers
Discover Unveils Overdraft Protection for Debit Card Customers
July 08, 2024  |  Next-Gen Debit

Discover debuted a new overdraft protection tool for its debit card customers. Balance+ offers fee-free discretionary overdraft coverage for day-to-day debit card transactions, according to...

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