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When Amazon was busy driving traffic to its site — and the likes of Walmart and Best Buy were aggressively trying to pull shoppers away — it also invited several issuers to compete to be the top-of-wallet card for Prime Day spending.
July 22 -
Mark Graf, who joined the Riverwoods, Ill.-based credit card issuer in 2011, will participate in the search for his successor.
June 6 -
Serving the small-business market requires more than just rebranding a plastic card. There are certain functions related to expense tracking, for example, that don't come up in a typical consumer relationship.
April 2 -
J.D. Power found that customers who have a variety of accounts with an online-only bank are far more satisfied than those with just checking or savings accounts.
March 21 -
In her 27 years working at Discover, Amy Parsons has always found herself in the right place at the right time. Or, more likely, decision makers at Discover have made a habit of putting Parsons right where they need her to tackle the hottest trends in payments.
March 12 -
Visa and Mastercard plan to raise interchange while battles over those rates and other levies such as merchant surcharging rage on, setting the stage for extra merchant expense, consumer costs and even more squabbling.
February 15 -
Discover and Garmin International are partnering to allow Discover cardholders the ability to make contactless payments through Garmin Pay on various fitness smartwatches.
January 28 -
Discover leaned heavily on rewards to drive new card acquisitions and sales growth in the fourth quarter, but suffered a double whammy of rising reward costs and higher charge-offs, causing it to miss analyst earnings expectations.
January 25 -
The turning point was Apple Pay, which Discover did not support until September of 2015, nearly a year after the mobile wallet's launch.
December 4 -
As Wall Street keeps a wary eye on Amazon.com Inc.’s possible foray into finance, Discover Financial Services’ new chief executive officer isn’t too worried about technology-based invaders.
October 1 -
Offereins led to Discover's payments business to another year of strong growth while setting in motion a bold plan to disrupt the point-of-sale experience.
September 23 -
Discover Financial Services has launched a version of the Discover "it" card for entrepreneurs whose rewards and features compete more directly with small-business cards offered by Amex and Chase.
September 18 -
American Express prevailed Monday in an eight-year antitrust battle with the government. Here’s a look at how other card networks, banks, retailers and consumers will be affected.
June 25 -
Opportunities are expanding for women in the payments industry, Being willing to take risks and occasionally fail can help build a successful career.
May 8 -
In a 26-year career at Discover Financial Services, it would seem that Amy Parsons has earned the title of a "doctor" of payments.
March 12 -
FitPay's wallet and digital payment platform, which will integrate with the tokenization platform, enables manufacturers of IoT and wearable devices to add contactless payment capabilities to their products.
February 26 -
Discover Financial Services’ DFS Services has formed a strategic alliance with National Payments Corp. of Vietnam (NAPAS), the nation’s domestic payment network, for reciprocal card acceptance.
December 21 -
Discover cardholders and Discover Bank members who own an iPhone X can now use Face ID biometrics to sign onto the Discover mobile app.
December 14 -
As Mastercard, Discover and American Express all plan to drop signature authentication at the point of sale, Visa is largely mum on the topic. But does it really need to weigh in?
December 14 -
American Express is falling in line with Mastercard and Discover in eliminating the signature requirement for authorization on all card transactions at the point of sale, starting in April of 2018.
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