The firm hopes to distinguish itself from other lenders by analyzing customer cash flow to determine the likelihood that borrowers will repay.

Now that consumers have come to accept metal cards, issuers are looking to do more with the format.

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.

It seems that every year, at least since Apple Pay launched in 2014, it’s the “year of the mobile wallet.” And each year, like clockwork, the banks end up disappointed in the lack of traction in mobile wallet usage and adoption.

An examination of industry sales tactics conducted after the Wells Fargo scandal found that credit card accounts (not checking or savings) were the largest source of account openings without customer permission.

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.

When many of Synchrony's employees in Puerto Rico where unable to work after Hurricane Maria struck the island last year, CEO Margaret Keane made sure that their paychecks kept coming.

Before Hurricane Florence hit the U.S. this month, certain merchants prepared by stocking up on an unlikely item in the digital payments era: 1970’s-era carbon paper credit slips.

Subscription payments are supposed to happen in the background with little or no effort. But what happens when another “automatic” and constantly changing product is tossed on top of the subscription?

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.