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

Discover’s Q4 Revenue Narrowly Misses Wall Street Expectations
Discover’s Q4 Revenue Narrowly Misses Wall Street Expectations
January 25, 2019  |  Earnings

While Discover Financial Services reported a 78 percent increase in its fourth-quarter earnings, the company missed Wall Street expectations by 3 cents. As a result,...

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Fizzle Of The Week: The Incredible Shrinking Rewards Offerings
Fizzle Of The Week: The Incredible Shrinking Rewards Offerings
January 04, 2019  |  Sizzle/Fizzle

In the wake of the Great Recessions, Americans en masse got awfully nervous about opening new accounts and using credit cards. Open accounts peaked near 500 million...

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Data Dive: Walking The Walk Edition
Data Dive: Walking The Walk Edition
November 05, 2018  |  Data Dive

There is an election in the U.S. tomorrow, a hotly contested one on many fronts. In the months leading up to it, the world has...

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Five At Five: Discover Makes Friends With Amazon
Five At Five: Discover Makes Friends With Amazon
October 02, 2018  |  News

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the nice things Discover’s new CEO is...

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New Discover CEO Says Amazon Not A Foe
New Discover CEO Says Amazon Not A Foe
October 02, 2018  |  Amazon

Payments company Discover‘s new chief executive officer doesn’t believe that banks should be worried about tech giants like Amazon. “I view them as partners with...

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Discover Rolls Out New Business Credit Card
Discover Rolls Out New Business Credit Card
September 13, 2018  |  B2B Payments

Discover is adding to its suite of commercial card products. Its newest offering, the Discover It Business credit card, was announced in a press release...

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Ticking Off The Boxes On The Fed’s Checklist Of B2B Payments Priorities
Ticking Off The Boxes On The Fed’s Checklist Of B2B Payments Priorities
August 07, 2018  |  B2B Payments

The revelation that U.S. businesses, more often than not, pay their suppliers via paper check still draws quizzical reactions from professionals abroad. The corporate and...

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Five At Five: Bitcoin Trader Sentenced Following Federal Jury Conviction
Five At Five: Bitcoin Trader Sentenced Following Federal Jury Conviction
August 03, 2018  |  News

Welcome to the Five at Five, your late look at the payments and commerce news of the day. Coverage includes a 41-month prison sentence for...

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Discover Names Roger Hochschild As Chief Executive
Discover Names Roger Hochschild As Chief Executive
August 03, 2018  |  Personnel

Discover Financial named current President and COO Roger Hochschild to succeed David Nelms as chief executive, starting in October. Nelms, who has been the CEO...

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