Discover Financial Services - News, Articles & Research

Discover hit with $1.2 billion restitution order over interchange fees

The Federal Deposit Insurance Corporation (FDIC) has ordered Discover Bank to return more than $1.2 billion to merchants that were overcharged on swipe fees and pay a $150 million civil money penalty.

22 April 2025

News/retail

DoJ antitrust officials clear Capital One and Discover merger

The US Department of Justice has cleared the $35 billion merger between Capital One Finance Group and Discover Financial Services.

04 April 2025

Company announcement/payments

Airwallex collaborates with Discover to expand payment acceptance options

Leading global fintech Airwallex has announced a new collaboration with Discover Global Network, enabling Airwallex merchants to accept Discover and Diners Club International Cards, and other domestic scheme cards as a payment method, providing greater payment flexibility for businesses and their customers.

18 March 2025

Company announcement/payments

Skipify joins forces with Discover

Skipify, a leading financial technology company redefining the checkout experience, today announced its partnership with Discover® Global Network, a leading global payment network connecting millions of merchants and cardholders across more than 200 countries and territories worldwide.

05 March 2025

Company announcement/payments

Stockholders approve Capital One-Discover deal

Capital One Financial Corporation (NYSE: COF) and Discover Financial Services (NYSE: DFS) today announced that each company’s respective stockholders have voted to approve Capital One’s previously announced acquisition of Discover at each company’s Special Meeting of Stockholders (the “Special Meeting”).

19 February 2025

Company announcement/payments

Nayax to accept Discover cards in Emea

Nayax Ltd. (Nasdaq: NYAX; TASE: NYAX), a global commerce enablement payments and loyalty platform designed to help merchants scale their business, today announced an expanded collaboration with Discover® Global Network, to accept Discover®, Diners Club International® and network alliance cards at Nayax payment devices across EMEA.

10 December 2024

Company announcement/payments

Discover certifies Clowd9

CLOWD9, a leading cloud-native, B-Corp certified issuer processor, is excited to announce its strategic agreement and certification with Discover Global Network, a prominent global payments network.

12 November 2024

Company announcement/payments

DNA Payments begins online card acceptance for Discover

DNA Payments has expanded its online card acceptance with Discover Global Network, giving consumers even more ways to pay via its Website Payments and Payment Links Ecommerce products.

04 June 2024

Company announcement/payments

Banca Sella POS to accept Discover card payments

For the first time in Italy, Discover, Diners Club International® and affiliated network cardholders will be able to make in-store purchases using Banca Sella POS terminals.

28 May 2024