Discover Financial Services - News, Articles & Research

Google Cloud wins major FS deals

Google Cloud has used its annual Las Vegas event to unveil details of deals with big name financial services firms Citadel, Discover and Scotiabank.

09 April 2024

Top 5 payment stories you missed in February 2024

News/payments

Capital One to acquire Discover for $35 billion

Capital One has made a $35 billion bid to acquire Discover Financial Services, in a move that radically reshapes the payment card industry.

20 February 2024

Company announcement/payments

BR-DGE joins with Discover to drive global acceptance

Leading payment orchestration provider BR-DGE has today announced its latest collaboration with Discover Global Network, a leading payments network, to support its global growth.

31 January 2024

Company announcement/startups

VCs anticipate future growth for fintech

Discover Global Network, a leading global payment network, released their third annual Fintech State of the Union (FSOU), the most comprehensive study of its kind in the industry, providing global perspectives from fintechs, venture capitalists, and consumers.

23 October 2023

Company announcement/payments

Andaria strikes network participation deal with Discover

Andaria, a regulated fintech business specialising in providing Embedded Finance, proudly announces its landmark partnership with Discover Global Network.

16 October 2023

Company announcement/security

Discover releases new Tokenization platform

Discover Global Network, the payments brand of Discover®, has launched a new cloud-based network tokenization platform giving companies a scalable and flexible token solution they can offer to their downstream customers and merchants.

12 October 2023

News/payments

USAA secures cheque imaging patent agreement with Discover

Online military bank USAA has recorded another victory in its long-running effort to protect its remote deposit capture patents, reaching a licensing agreement with Discover Financial Services.

01 September 2023

Company announcement/payments

International card networks link with Alipay for Asian Games

International card networks, including Visa, Mastercard, JCB, Discover Global Network, are launching a major campaign with Alipay, the leading digital payment and lifestyle service platform in China, to further enhance international visitors’ mobile payment and travel experience in the country on the 30-day countdown to the Asian Games.

24 August 2023

News/people

Discover CEO Hochschild quits

Discover Financial Services saw its share price fall by more than five per cent on Monday evening after president and CEO Roger Hochschild stepped down with immediate effect.

15 August 2023

Company announcement/payments

Phos brings SoftPOS to Discover merchants

Phos by Ingenico, the global leader in software point-of-sale (SoftPoS) orchestration for businesses, has partnered with Discover Global Network to enable its merchants to accept payments from Discover, Diners Club International and network alliance Cardholders worldwide.

05 July 2023

Company announcement/payments

Tyl by NatWest to accept Discover payment cards

Tyl by NatWest has partnered with Discover Global Network to increase its card acceptance options for Tyl merchants and end consumers. Discover, Diners Club International and network alliance cardholders, all part of Discover Global Network, will be able to use their cards and mobile payment products with all Tyl by NatWest merchants.

14 June 2023

Company announcement/inclusion

Discover launches fund to support firms working on financial health in Delaware

Discover Bank has launched a new mission-driven investment fund, the Discover Financial Health Improvement Fund, to support startups and early stage technology companies who are developing solutions to improve the financial health of low- and moderate-income people, communities, and small businesses.

13 June 2023

Company announcement/payments

Guavapay inks acquiring and issuing deal with Discover

Guavapay, a London-based fintech company, and Discover Global Network signed a strategic agreement on acquiring and issuing with processing coming over the next months.

10 May 2023

News/payments

Card firms pause work on code for tracking firearm purchases

Visa, Mastercard, American Express and Discover have paused work on a new merchant category code for American gun merchants, citing pushback from Republican lawmakers.

10 March 2023

News/security

Stripe forms issuer partnerships to help fight fraud

Stripe has launched an "enhanced issuer network": a set of partnerships with US card issuers designed to help businesses rescue fraud and boost authorisation rates.

22 February 2023

Company announcement/payments

EPSM adds Discover Global Network as member

The non-profit association EPSM, focussing on acquirers and merchant PSPs in the SEPA region, is proud to announce that Discover® Global Network, the payments brand of Discover®, has recently joined as a new extraordinary member.

02 February 2023

Company announcement/payments

Discover Global Network rolls out transit tech globally

Discover® Global Network, the payments brand of Discover®, has launched Tap and Pay solutions with transit agencies and local acquiring partners such as EMT Madrid, Metro de Seville and GetNet in Spain, Mennica in Poland and New Taipei Metro in Taiwan.

18 January 2023

Company announcement/payments

Discover opens Chicago advanced analytics resource centre

Discover announced its new Advanced Analytics Resource Center (AARC) today and welcomed its first cohort of 75 employees at its downtown Chicago Office called the 606.

30 August 2022

Company announcement/payments

Discover to broaden reach in Italy with Bancomat tie-up

BANCOMAT S.p.A and Discover signed a strategic agreement that increases acceptance for Discover, Diners Club International and network alliance cardholders, all part of the Discover Global Network.

15 June 2022