Discover

The credit-card issuer, which recently closed its acquisition of Discover, hopes to become a true competitor with Visa and Mastercard. It won't happen right away, but analysts expect a large potential payoff if the multiyear push goes well.

Now that Capital One Financial's bid for Discover Financial Services is finalized, take a look back on the hurdles the deal faced across its 15 month marathon.

Senate Banking Committee ranking member Elizabeth Warren is pushing the Department of Justice to use its power to halt the deal, already approved by bank regulators.

Amid troubling news of tariffs and layoffs, dropping delinquencies offer a rare sign of consumer health.

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.

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.

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.

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.

Teaming with the fintech Buy It Mobility Networks, Discover Financial Services plans to enable Automated Clearing House payments within merchant apps.

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.

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.

The card brand now offers tuition to Paul Quinn College, one of 107 historically Black colleges and universities in the U.S.

The card brand is expanding identity theft protection and using data analytics to reach beyond its current customer base.

The card brand is expanding identity theft protection and using data analytics to reach beyond its current customer base.

Changing payment habits and two rounds of stimulus funds helped drive Discover Financial Services' profitability in the quarter.

The operation will employ 1,000 people in a predominantly Black community. The move is part of the city's push to create job opportunities beyond the downtown area.

The operation will employ 1,000 people in a predominantly Black community. The move is part of the city's push to create job opportunities beyond the downtown area.

The consumer bureau said the bank’s migration to a new servicing platform led to unauthorized payment withdrawals, misrepresentations about what borrowers owed and violations of a prior 2015 enforcement action.

Michael Moeser, senior analyst at PaymentsSource, talks to Jason Hanson, Senior Vice President of Global Business Development and Acceptance at Discover, about the trends shaping the future of digital payments.

EBay has hired Discover’s top U.S. cards executive, Julie Loger, for the newly created position of global chief growth officer.