Discover Financial Services

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

In the parlance of these times, and as earnings season commentary has pointed out, time and again: Consumer credit is normalizing. The question remains, however,...

READ MORE >
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.  This development resulted in a 7%...

READ MORE >
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. The company’s stock price fell 3.9% as...

READ MORE >
Discover Financial Services Weighs Sale of Student-Loan Business
Discover Financial Services Weighs Sale of Student-Loan Business
September 15, 2023  |  Acquisitions

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...

READ MORE >
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  |  International

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...

READ MORE >
Discover, Portugal’s SIBS MB Strike Deal Over Credit Cards, Payments Options
Discover, Portugal’s SIBS MB Strike Deal Over Credit Cards, Payments Options
July 13, 2021  |  International

SIBS MB, headquartered in Lisbon, Portugal, has inked a pact with Discover Financial Services regarding the Illinois-based payments company’s cards. It means that Discover, Diners...

READ MORE >
Discover’s Payment Services Drive Network Volumes Up 9 Pct
Discover’s Payment Services Drive Network Volumes Up 9 Pct
January 23, 2020  |  Earnings

Discover Financial Services posted fourth-quarter results that topped earnings expectations on the heels of loan growth and payments volume. In terms of headline numbers, diluted earnings per...

READ MORE >
Discover: What’s Around The Corner For Merchant Payments?
Discover: What’s Around The Corner For Merchant Payments?
November 21, 2019  |  eCommerce

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...

READ MORE >
Discover’s Payment Services Drive Network Volumes Up 7 Pct
Discover’s Payment Services Drive Network Volumes Up 7 Pct
October 23, 2019  |  Earnings

Discover Financial Services posted third-quarter results that topped expectations on the heels of loan growth and payments volume. In terms of headline numbers, earnings of...

READ MORE >