Discover Financial Services

142 results about this entity

Period: 04 Oct 2004 - 22 Apr 2025

Discover appoints Julie Loeger chief marketing officer, US cards business

Discover Financial Services (DFS) today announced that Julie Loeger has been named senior vice president, chief marketing officer for its U.S. Cards business.

Discover card members get access to Apple Pay

Discover today announced an agreement with Apple that will allow Discover cardmembers in the U.S. to make contactless payments in participating stores through Apple Pay, the easy, secure and private way to pay, using iPhone 6, iPhone 6 Plus and Apple Watch.

Discover net income dips in Q1

Discover Financial Services (NYSE: DFS) today reported net income of $586 million or $1.28 per diluted share for the first quarter of 2015, as compared to $631 million or $1.31 per diluted share for the first quarter of 2014. The company's return on equity for the first quarter of 2015 was 21%.

Discover lets users freeze their misplaced cards

Discover has introduced a security feature that lets people who misplace their credit cards freeze their accounts from their mobile phones.

Discover fires lawsuit alleging anti-competitive practices at Visa

Discover has filed a lawsuit accusing rival card scheme Visa of anti-competitve practices in its debit card business.

US migration to EMV gathers momentum

More than 575 million US payments cards will feature EMV chip security by the end of next year, according to a trade body set up to push the migration from magstripe plastic.

Discover invests in loyalty rewards start-up Buzz Points

Discover Financial Services has invested in Buzz Points as part of a $19 million funding round for the loyalty rewards outfit.

EMVCo to hammer out specifications for tokens at the digital checkout

The card scheme-owned EMVCo standards body is beginning work on specifications for the use of digital tokens - rather than account numbers - for online and mobile transactions.

Microsoft, Facebook, BofA form card-linked offers association

A new association designed to promote interoperable card-linked customer offers has been set up by industry players including Microsoft, Bank of America, Discover, Facebook and First Data.

EU to face payments shake-up as Commission proposes caps on card fees and new regulations

The European Commission has publicly confirmed plans for a new Directive on payment services across the EU, and proposals to cap interchange fees for domestic card-based transactions.

US debit networks back Discover application for common chip spec

Discover has won the support of ten debit networks to provide a common debit application identifier for the US migration to EMV Chip and PIN.

Discover trials Natural Security biometric payments

Discover Financial Services is working with French outfit Natural Security to pilot a system which combines biometrics and contactless cards to enable customers to pay with their fingertips.