Capital One’s Discover integration dominated discussion during the second-quarter earnings call, alongside new initiatives, with the bank testing Capital One credit cards on the Discover network while continuing to spend on technology and artificial intelligence (AI). The company’s results on Tuesday (July 21) indicated that credit...
Transit systems around the world are moving away from cash and paper tickets. Instead, they are moving toward modernized payments tied to bank-issued contactless cards and digital payments that let riders tap and pay with what they already carry. Bank-issued contactless cards and digital devices...
Fraud is no longer a marginal cost of doing business. Instead, it is a fast-moving, adaptive threat that cuts across eCommerce, digital payments, account access and identity, growing in frequency and sophistication as commerce increasingly shifts into digital and mobile channels. What once appeared as...
Visa — Sam Hamilton, Head of AI and Data In January, Hamilton was prescient about artificial intelligence (AI). He laid out just how pervasive he expects Gen AI to be across Visa’s network. “You’re in control of the data 100% of the time,” said Hamilton...
August 03, 2026
When AI agents start buying things, somebody has to settle the transaction. This week, the four largest card networks in the United States each made the same declaration: The Prompt Economy is their market, and they are building the rails for it. Mastercard Says Cards Will Prevail in an Agentic World In the Mastercard’s Q2 […]
February 23, 2026
Transit systems around the world are moving away from cash and paper tickets. Instead, they are moving toward modernized payments tied to bank-issued contactless cards and digital payments that let...
February 20, 2026
Fraud is no longer a marginal cost of doing business. Instead, it is a fast-moving, adaptive threat that cuts across eCommerce, digital payments, account access and identity, growing in frequency...
November 27, 2025
Visa — Sam Hamilton, Head of AI and Data In January, Hamilton was prescient about artificial intelligence (AI). He laid out just how pervasive he expects Gen AI to be...
August 26, 2025
The merger between Capital One and Discover Financial put a dent in bank profits. Second-quarter data released Tuesday (Aug. 26) by the Federal Deposit Insurance Corp. showed $69.9 billion in profits for the banking sector, down 1% from the previous quarter. “The increase in provision expense was largely attributable to Capital One’s acquisition of Discover […]
June 27, 2025
Capital One Financial has reportedly entered a “new era” after completing its acquisition of Discover Financial Services. With the acquisition, Capital One grew in size and added a debit and...
May 18, 2025
Fifteen months after it was announced, Capital One’s $35 billion acquisition of Discover is official. The deal, finalized Sunday (May 18), creates the largest credit card issuer in terms of...
May 18, 2025
Capital One will reportedly pay $425 million to settle a lawsuit accusing it of cheating savings account depositors. That’s according to a report by Reuters on Friday (May 16), citing...
