Discover Financial Services

Ally Financial Names Discover Chief Michael Rhodes as CEO

Ally Financial Names Discover Chief Michael Rhodes as CEO
Ally Financial Names Discover Chief Michael Rhodes as CEO
March 27, 2024  |  Personnel

Ally Financial has announced that Michael G. Rhodes will become its new CEO and will be appointed to the board of directors on April 29. Get the Full...

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Discover and Capital One Card Delinquencies Point to Pressures for Prime, Near-Prime Consumers
Discover and Capital One Card Delinquencies Point to Pressures for Prime, Near-Prime Consumers
December 18, 2023  |  Credit Cards

Card delinquencies and charge-offs offer evidence of the struggles of meeting current obligations. Get the Full Story Complete the form to unlock this article and...

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Discover Appoints TD Bank Veteran Michael G. Rhodes as CEO
Discover Appoints TD Bank Veteran Michael G. Rhodes as CEO
December 11, 2023  |  Personnel

Discover Financial Services has appointed TD Bank Group veteran Michael G. Rhodes as its new CEO and president. Get the Full Story Complete the form to unlock this...

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Earnings Season Shows Card Delinquencies ‘Normalizing,’ but What Comes Next?
Earnings Season Shows Card Delinquencies ‘Normalizing,’ but What Comes Next?
October 27, 2023  |  Earnings

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Discover Financial Services’ Agreement With FDIC Boosts Stock Price
Discover Financial Services’ Agreement With FDIC Boosts Stock Price
October 02, 2023  |  Bank Regulation

Discover Financial Services has reportedly reached an agreement with the Federal Deposit Insurance Corporation (FDIC) to improve consumer compliance.  Get the Full Story Complete the...

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Report: Bread Faces Credit Loss Concerns and Late Fee Uncertainty
Report: Bread Faces Credit Loss Concerns and Late Fee Uncertainty
October 02, 2023  |  Credit Cards

Bread Financial Holdings is reportedly grappling with challenges as it confronts rising credit losses and uncertainty surrounding late fees. Get the Full Story Complete the form...

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Discover Financial Services Weighs Sale of Student-Loan Business
Discover Financial Services Weighs Sale of Student-Loan Business
September 15, 2023  |  Partnerships

Discover Financial Services is reportedly exploring the possibility of selling its student-loan business as part of its ongoing efforts to streamline operations following a series of...

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Today In Payments Around The World: SIBS MB Inks Deal With Discover; China Distributes A Total Of $41.5M Amid Efforts To Speed Digital Yuan Tests
Today In Payments Around The World: SIBS MB Inks Deal With Discover; China Distributes A...
July 13, 2021  |  Cross-border Payments

In today’s top payments news around the world, SIBS MB has inked a deal with Discover Financial Services, while China is continuing at a fast...

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