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)

Zip Adds Enterprise Capabilities to Procurement Orchestration Platform
Zip Adds Enterprise Capabilities to Procurement Orchestration Platform
April 03, 2024  |  B2B Payments

Zip has added new enterprise capabilities to its intake and procurement orchestration platform and intake-to-pay suite. This new suite of capabilities called Zip Premier is...

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Nuvei Sale Hints at Private Deals and Consolidation in Payments’ Future
Nuvei Sale Hints at Private Deals and Consolidation in Payments’ Future
April 02, 2024  |  Partnerships / Acquisitions

2019, the year of the payments industry mega-deals, seems long ago and far away. Before the pandemic, the headlines were awash in waves of verticalization,...

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‘Mega-Deals’ More Than Double Following M&A Drought
‘Mega-Deals’ More Than Double Following M&A Drought
March 28, 2024  |  Acquisitions

After a drought, the merger and acquisition (M&A) landscape is in bloom. Major M&A deals — agreements worth at least $10 billion — more than doubled during...

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Capital One to Regulators: Discover Deal Will Increase Competition
Capital One to Regulators: Discover Deal Will Increase Competition
March 21, 2024  |  Acquisitions

Capital One says its planned $35.3 billion purchase of Discover will boost competition. That’s according to a report Thursday (March 21) by Reuters, citing information shared by a...

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Tokenized Credentials Accelerate Fraud Reduction and Get Higher Approval Rates
Tokenized Credentials Accelerate Fraud Reduction and Get Higher Approval Rates
March 11, 2024  |  Credit Cards

The holy grail of payments — for merchants, for consumers and financial institutions — has two essentials: Reduced friction, and reduced fraud. Individuals want to...

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Why the Credit Card Competition Act Won’t Lower Merchant Interchange Fees
Why the Credit Card Competition Act Won’t Lower Merchant Interchange Fees
March 11, 2024  |  Credit Cards

In 1955, the island nation of Borneo was in the throes of a serious malaria virus outbreak. It turned to The World Health Organization for...

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Report: JPMorgan Considered ‘Company-Changing’ Discover Deal
Report: JPMorgan Considered ‘Company-Changing’ Discover Deal
March 07, 2024  |  Acquisitions

Before Capital One acquired Discover Financial last month, J.P. Morgan Chase reportedly considered its own bid. The country’s largest bank spent roughly a year exploring...

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FIS Eyes Recurring Banking Solutions Growth After Sale of Worldpay Stake
FIS Eyes Recurring Banking Solutions Growth After Sale of Worldpay Stake
February 26, 2024  |  Digital Banking

Fidelity National Information Systems (FIS) reported fourth-quarter earnings results that showed momentum in recurring revenue metrics as financial institutions expand their digital banking initiatives and...

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Capital One to Become Global Payments Network With $35.3B Discover Financial Acquisition
Capital One to Become Global Payments Network With $35.3B Discover Financial Acquisition
February 19, 2024  |  Acquisitions

Capital One is acquiring Discover Financial in a deal that brings together two of the largest credit card companies in the United States. Bloomberg reported...

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