Discover

Discover is a credit card brand issued primarily in the United States. It was introduced by Sears in 1985. When launched, Discover did not charge an annual fee and offered a higher-than-normal credit limit, features that were disruptive to the existing credit card industry.

Source: discover.com

Discover Lowers Provision for Credit Losses Amid ‘Positive Credit Trends’
Discover Lowers Provision for Credit Losses Amid ‘Positive Credit Trends’
April 23, 2025  |  Credit Cards

Positive credit trends contributed to “solid first quarter financial performance” at Discover Financial Services, Discover Interim CEO and President Michael Shepherd said in a Wednesday...

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Capital One CEO Says Discover Acquisition Will Build ‘Something Special’
Capital One CEO Says Discover Acquisition Will Build ‘Something Special’
April 22, 2025  |  Banking

With less than one month to go before its acquisition of Discover Financial Services, Capital One is on track to deliver synergies and forge an...

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Capital One Expects Discover Acquisition to Close May 18 After Gaining Approvals
Capital One Expects Discover Acquisition to Close May 18 After Gaining Approvals
April 18, 2025  |  Acquisitions

Capital One and Discover Financial Services said Friday (April 18) that they have received all required regulatory approvals to complete Capital One’s proposed acquisition of...

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Discover Teams With Fyorin on B2B Virtual Card Program
Discover Teams With Fyorin on B2B Virtual Card Program
April 08, 2025  |  Partnerships

Financial operations firm Fyorin has launched a payments-focused partnership with Discover Global Network. The new collaboration introduces B2B virtual cards designed to reduce costs and improve the financial...

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Report: Justice Department Will Not Block Capital One Acquisition of Discover
Report: Justice Department Will Not Block Capital One Acquisition of Discover
April 03, 2025  |  Regulation

The Justice Department reportedly told financial regulators that it didn’t have sufficient evidence to block the proposed merger between Capital One and Discover. This decision would allow the two banking regulators...

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DOJ Reportedly Closer to Approving Capital One/Discover Merger
DOJ Reportedly Closer to Approving Capital One/Discover Merger
April 01, 2025  |  Acquisitions

The Justice Department (DOJ) is reportedly closer to permitting Capital One’s purchase of Discover. That’s according to a report Monday (March 31) by the Capital Forum, citing sources familiar with the matter....

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Report: DOJ Finds Capital One-Discover Deal Would Harm Subprime Competition
Report: DOJ Finds Capital One-Discover Deal Would Harm Subprime Competition
March 17, 2025  |  Acquisitions

The Department of Justice has reportedly found that Capital One’s planned acquisition of Discover would be anticompetitive. “DOJ staff has determined that Capital One’s proposed...

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Airwallex Teams With Discover Network to Broaden Payment Acceptance
Airwallex Teams With Discover Network to Broaden Payment Acceptance
March 17, 2025  |  Partnerships

Payments FinTech Airwallex has launched a partnership with Discover Global Network. The collaboration, announced Monday (March 17), lets Airwallex merchants accept Discover, Diners Club and other domestic scheme cards as...

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Stockholders Approve Capital One’s Proposed Acquisition of Discover
Stockholders Approve Capital One’s Proposed Acquisition of Discover
February 18, 2025  |  Acquisitions

The stockholders of both Capital One and Discover voted to approve Capital One’s previously announced acquisition of Discover. The transaction was approved by more than...

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