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)

Card Networks Become Hubs for FinTech Payments Modernization Efforts
Card Networks Become Hubs for FinTech Payments Modernization Efforts
July 12, 2023  |  Faster Payments

FinTechs and venture capitalists recognize the pain points inherent in payments — and are investing the time and money needed to modernize infrastructure around existing...

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Report: Credit Card Delinquencies Rise as Consumers Drain Savings
Report: Credit Card Delinquencies Rise as Consumers Drain Savings
June 19, 2023  |  Credit Cards

Your card bill might read “2023,” but for credit card delinquency rates, it’s 2019. As Seeking Alpha noted in a report Monday (June 19), those rates now...

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Discover Debuts $36 Million Fund for Startups Focused on Financial Health
Discover Debuts $36 Million Fund for Startups Focused on Financial Health
June 13, 2023  |  Investments

Discover Bank has launched a fund to support startups working to improve people’s financial health. The $36 million Discover Financial Health Improvement Fund will back...

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Subprime Borrowers’ Delinquencies up as Credit Lifeline Grows Taut
Subprime Borrowers’ Delinquencies up as Credit Lifeline Grows Taut
June 02, 2023  |  Debt

Credit card use is up, and card balances are increasing. It may be the more vulnerable borrowers among us signaling that distress could lie ahead...

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Earnings Season Sheds Light on Rising Card Delinquencies
Earnings Season Sheds Light on Rising Card Delinquencies
May 15, 2023  |  Debt

Credit card debt is at an all-time high. Although it’s not yet fully in the rear-view mirror, earnings season is signaling that where there’s smoke,...

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Interoperability Will Define Winners in a Digital Payments World, Says Diane Offereins of Discover Global Network
Interoperability Will Define Winners in a Digital Payments World, Says Diane Offereins of Discover Global...
April 26, 2023  |  Payment Methods

The conventional wisdom may have been that once consumers could get back into the physical world, payments behaviors would revert to pre-pandemic norms. That hasn’t...

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Paysafe Names Ex-Experian CPO Nicole Carroll Chief Strategy and Innovation Officer
Paysafe Names Ex-Experian CPO Nicole Carroll Chief Strategy and Innovation Officer
April 03, 2023  |  Personnel

Payments platform Paysafe has chosen its first ever chief strategy and innovation officer. Nicole Caroll, a veteran of Experian, Visa and Discover, was appointed to...

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Credit Card App Provider Ranking Is Not Interest Free
Credit Card App Provider Ranking Is Not Interest Free
March 13, 2023  |  Mobile Applications

What’s in your wallet? Only our Provider Ranking of Credit Card Apps knows for sure. This one is easy, but not as much as it...

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Payment Networks Pause Implementation of Code for Gun Shops
Payment Networks Pause Implementation of Code for Gun Shops
March 10, 2023  |  Data

Payment networks have paused their implementation of a new merchant category code for gun shops. American Express, Discover, Mastercard and Visa have done so but have not said that they...

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