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The overall size of the combined entity is trivial compared to industry behemoths. It is evident the benefits to consumers from the Capital One-Discover merger dramatically exceed the speculated harms that caution against it.
August 15 -
JPMorgan Chase's board has announced the slate of candidates to replace Jamie Dimon if he ever retires. The bank is just one of several large institutions that have recently decided on who will take over the top job.
April 10 -
The combined company could streamline card payments in a manner similar to American Express' "three party network" — while also doing more with artificial intelligence and other technologies.
February 21 -
Under the direction of the always visible Diane Offereins — who is often the "face of the company" — the total 2021 network volume of Discover rose to $504 billion, from $417 billion in 2020.
October 5 -
Teaming with the fintech Buy It Mobility Networks, Discover Financial Services plans to enable Automated Clearing House payments within merchant apps.
February 15 -
The banking industry is now enjoying a "strong" reputation overall, after building on gains made at the height of the pandemic. Here's who stood out and why.
September 1 -
The goal is to add customers and prop up borrowing until business travel rebounds and consumers burn through their excess cash, CEO Roger Hochschild says.
July 22 -
The card brand now offers tuition to Paul Quinn College, one of 107 historically Black colleges and universities in the U.S.
June 4 -
The card brand is expanding identity theft protection and using data analytics to reach beyond its current customer base.
April 22 -
The card brand is expanding identity theft protection and using data analytics to reach beyond its current customer base.
April 22