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Total Card Inc., which supports credit card collections and settlement, has hired Doug Bobenhouse as the director of a newly formed prepaid/debit card division. Bobenhouse previously was the director of business development for prepaid solutions Prepaid Solutions USA in Chicago.
Discover Financial Services says it will raise $500 million through a common stock offering for general corporate purposes and to help repay the U.S. Treasury Department for its investment under its TARP Capital Purchase Program.
