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

Fit-for-Purpose Cloud Infrastructure Puts Payments in the Digital Fast Lane
Fit-for-Purpose Cloud Infrastructure Puts Payments in the Digital Fast Lane
September 11, 2023  |  Innovation

Digital business solutions aren’t a one-way street; they are an HOV lane. Digitizing network operations facilitates greater collaboration and data sharing between key stakeholders across...

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Discover Card Delinquency Rates Exceed Pre-COVID Levels
Discover Card Delinquency Rates Exceed Pre-COVID Levels
August 15, 2023  |  Credit Cards

Discover Financial says its credit card delinquency rate has topped pre-pandemic levels. In a filing Monday (Aug. 14) with the Securities and Exchange Commission (SEC), the company said...

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Discover Financial CEO Resigns Amid Regulatory Review
Discover Financial CEO Resigns Amid Regulatory Review
August 15, 2023  |  Credit Cards

Discover President and CEO Roger Hochschild has resigned from his post. The credit card provider announced the leadership change late Monday (Aug. 14), weeks after...

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EMVCo Reports 12.8 Billion EMV Chip Cards In Circulation
EMVCo Reports 12.8 Billion EMV Chip Cards In Circulation
August 10, 2023  |  Payment Methods

According to data from EMVCo, the adoption of EMV Chip card technology is on the rise. By the end of 2022, 12.8 billion EMV® Chip...

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PULSE and FICO Extend Partnership to Deliver Fraud-Detection Technology
PULSE and FICO Extend Partnership to Deliver Fraud-Detection Technology
August 09, 2023  |  Security & Fraud

PULSE, a Discover company, has extended its partnership with FICO to deliver fraud-detection technology to financial institutions. This collaboration permits PULSE’s continued enhancements of its DebitProtect...

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Discover Global Network: Connecting Domestic Schemes Is Critical for Financial Inclusion
Discover Global Network: Connecting Domestic Schemes Is Critical for Financial Inclusion
August 08, 2023  |  Payments Innovation

Domestic payments schemes have taken on a broad range of different shapes and forms through the past several decades. Some of them — such as...

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Unlocking the Virtual Prepaid Card Opportunity
Unlocking the Virtual Prepaid Card Opportunity
July 31, 2023  |  Digital Payments

Money today is different than it was five years ago. It’s more nimble, secure, online and democratized. That’s why PYMNTS sat down with Chris Winter, managing...

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MONEI CEO Says Click to Pay Poised to Gain Ground in Europe
MONEI CEO Says Click to Pay Poised to Gain Ground in Europe
July 24, 2023  |  Payment Methods

According to Alex Saiz Verdaguer, founder and CEO of MONEI, Click to Pay is set to find wider berth in Europe. Discover® Global Network recently...

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Alipay and WeChat Pay Add Links to Visa and Mastercard
Alipay and WeChat Pay Add Links to Visa and Mastercard
July 21, 2023  |  Payment Methods

Visitors to China can now link their Visa and Mastercard accounts to the country’s most popular mobile payment applications, Alipay and WeChat Pay. Ant Group, the operator of Alipay, said Friday (July...

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