Discover Financial Services News & Media
ATM fees rise to $4.77, hitting 26-year high
August 23, 2024
ATM fees have risen yet again in 2024, going up to $4.77 compared to $4.73 last year. This is the highest rate since 1998, according to a report by Bankrate.
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Capital One announces $265B community benefits plan alongside Discover acquisition
July 19, 2024
Capital One Financial Corp. announced that it will deliver more than $265 billion for philanthropy, investment and lending over the next five years. This is…
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Discover intros Balance+ overdraft protection for debit card
July 16, 2024
Discover introduced Balance+ for its Cashback Debit Checking, which provides overdraft protection for debit card purchases. With this feature, customers can…
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Discover Financial Services integrates Google Cloud's AI platform
April 30, 2024
Discover Financial Services partnered with Google Cloud to integrate Vertex generative AI into its customer care centers. With these tools, its contact center…
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Capital One inks $35B acquisition deal with Discover
February 22, 2024
Capital One will acquire Discover Financial Services for approximately $35 billion. Discover Financial stockholders will receive shares valued at around $140…
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Discover approves plan to sell off Student Loans portfolio
December 4, 2023
Discover Financial Services' board has approved a plan to sell its Student Loans portfolio and to transfer servicing of the loans to a third-party provider.
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Discover partners with Jennifer Coolidge for advertising campaign
October 4, 2023
Discover launched its "Especially for Everyone" brand campaign with actress Jennifer Coolidge to focus on how its benefits and products are for all consumers.
read nowDiscover appoints board member
September 20, 2023
Discover Financial Services has appointed Kathy Lonowski to its board of director for both Financial Services and its subsidiary Discover Bank. She most…
read nowDiscover CEO steps down, interim CEO appointed
August 16, 2023
Discover Financial Services has announced that Roger Hochschild will step down as CEO, president and member of the board. John Owen, board member, will serve…
read nowDiscover appoints board member
June 7, 2023
Discover Financial Services appointed Daniela O'Leary-Gill to its board of directors. She previously served as COO of BMO U.S. for BMO Financial Group and as a…
read nowDiscover earns top spot for online savings account customer satisfaction
May 19, 2023
Discover earned the number one spot in customer satisfaction for its online savings account in J.D. Power's 2023 U.S. Direct Banking Satisfaction Survey. The…
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Discover opens Advanced Analytics Resource Center
September 7, 2022
Discover recently opened its Advanced Analytics Resource Center at its downtown Chicago Office. The center has 75 employees and will offer opportunities in the…
read nowDiscover partners with artist to design Student Cards
July 27, 2022
Discover has partnered with artist Dana Komsky to design three Discover Student Cards. The company is inviting students to vote on which of the three designs…
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Discover ties for 1st place in customer satisfaction study
May 20, 2022
Discover Bank's checking account tied for first place in customer satisfaction alongside Charles Schwab Bank in the J.D. Power 2022 U.S. Direct Banking…
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Discover intros Cashback Debit account with early paycheck access
April 12, 2022
Discover recently introduced its Cashback Debit account with features such as early access to paychecks two days in advance and rewards with up to 1% cash back…
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Discover partners with Qrails to deliver instant wage access to employees
November 15, 2021
Discover has partnered with QRails, a issuer-processor for payroll providers, financial institutions and fintechs, to deliver the AnyDay Discover Card, which…
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Discover partners with Eazy to expand services in Bahrain
June 2, 2021
Discover, a digital banking and payments company, has partnered with Eazy Financial Services, a payments services provider based in Bahrain, to expand…
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Discover, Car IQ launch automotive fleet payments solution
August 26, 2020
Discover Financial Services and California-based financial technology startup, Car IQ, are partnering to create a payment platform for machine-initiated…
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Discover extends EMV liability date for gas stations until April
May 14, 2020
Discover Financial Services is extending its EMV fraud liability date, for automated fuel dispensers, for six months from Oct. 16 this year until April 16…
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Pulse names EVP of product management
January 22, 2020
Pulse, a debit/ATM network owned by Discover Financial, has named Jennifer Schroeder as iexecutive vice president, product management.
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