Discover Financial Services news and trends

Capital One Eyes Banking and Card Expansion After Discover Acquisition

June 27, 2025
Capital One and Discover Financial
Capital One Finalizes $35 Billion Discover Purchase
Acquisitions // May 18, 2025

Fifteen months after it was announced, Capital One’s $35 billion acquisition of Discover is official. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

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

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 (April 23) earnings release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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

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 expanded consumer card and digital banking footprint in what the latter’s CEO, Richard Fairbank, said will create “something really special.”...

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

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 Discover. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Interviews & Exclusives
Capital One CEO Says Discover Acquisition Will Build ‘Something Special’

April 22, 2025
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 expanded consumer card and digital banking footprint in what the latter’s CEO, Richard Fairbank, said will create “something really special.” Get the Full Story Complete the form to unlock this […]

Earnings Season Shows Card Delinquencies ‘Normalizing,’ but What Comes Next?

October 27, 2023
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Discover: What’s Around The Corner For Merchant Payments?

November 21, 2019
For merchants, divining the future of payments — in essence, anticipating what’s next — means looking around corners, thinking about what consumers want, and will want and then laying the technological...

Quick Reads
Capital One Eyes Banking and Card Expansion After Discover Acquisition

June 27, 2025
Capital One Financial has reportedly entered a “new era” after completing its acquisition of Discover Financial Services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree […]

Capital One Finalizes $35 Billion Discover Purchase

May 18, 2025
Fifteen months after it was announced, Capital One’s $35 billion acquisition of Discover is official. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Discover Lowers Provision for Credit Losses Amid ‘Positive Credit Trends’

April 23, 2025
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 (April 23) earnings release. Get...

Capital One Expects Discover Acquisition to Close May 18 After Gaining Approvals

April 18, 2025
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 Discover. Get the Full Story...