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

Instant Checkout Satisfies Consumer Demand for Digital-First, Omnichannel Commerce
Instant Checkout Satisfies Consumer Demand for Digital-First, Omnichannel Commerce
March 09, 2023  |  Retail

Though it’s still a work in progress, instant checkout’s appeal is undeniable. Emily Foshee, vice president of core products at Discover® Global Network, said unattended...

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Discover to Track Sales at Gun Stores in April
Discover to Track Sales at Gun Stores in April
February 21, 2023  |  Credit Cards

Discover will allow its network to track sales at gun sellers starting in April. The card network is apparently the first to publicly give a...

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Discover Reports Rising Credit Card Delinquency Rate
Discover Reports Rising Credit Card Delinquency Rate
February 13, 2023  |  Credit Cards

Discover Financial’s credit card delinquency rate has been rising each month since May 2022. The firm said in a Monday (Feb. 13) filing with the...

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Discover Says Debit’s Resilience Drives New Payments Opportunities
Discover Says Debit’s Resilience Drives New Payments Opportunities
February 03, 2023  |  Payment Methods

“Consumer behavior has a tendency to be very durable.” David Schneider, president of PULSE®, part of Discover® Global Network, acknowledged to Karen Webster that we’ve...

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Lenders Prepare for Defaults as Recession Looms
Lenders Prepare for Defaults as Recession Looms
January 30, 2023  |  Economy

Banks and lenders are setting aside funds to cover loan losses out of fear of a recession. As The Wall Street Journal (WSJ) reported Monday...

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Credit ‘Normalization’ Signals Pressure on Paycheck-to-Paycheck Consumers
Credit ‘Normalization’ Signals Pressure on Paycheck-to-Paycheck Consumers
January 24, 2023  |  Credit Cards

Financial services firms’ earnings suggest paycheck-to-paycheck consumers are straining to manage credit card debt. PYMNTS data found that paycheck-to-paycheck consumers are more than three times...

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Discover Expands Tap and Pay Amid Rise in Contactless Transit
Discover Expands Tap and Pay Amid Rise in Contactless Transit
January 18, 2023  |  Payment Methods

Discover is expanding its Tap and Pay solution to a series of global transit agencies. The company said the contactless payment solution is now available...

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Consumers Still Tapping Cards to Spend but Credit Growth Slows
Consumers Still Tapping Cards to Spend but Credit Growth Slows
November 07, 2022  |  Consumer Finance

We may be seeing a tipping point for debt — where gains in personal loan borrowing come at the expense of pricier credit card debt....

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Rising Card Delinquency Rates Spotlight Paycheck-to-Paycheck Pressures
Rising Card Delinquency Rates Spotlight Paycheck-to-Paycheck Pressures
September 12, 2022  |  Credit Cards

The paycheck-to-paycheck pressures are showing up in the cards. Though we don’t have all the details yet, from all the issuers, there are at least...

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