Discover has announced that transactions made with Apple’s new Apple Pay Cash card will leverage the Discover Network. The card is part of the new Apple Pay functionality, which allows U.S. customers to quickly, easily and securely send and receive money among friends and family....
Discover announced in a press release that it is has partnered with Jewel-Osco in a campaign to fight hunger in Illinois. The two-month campaign, which will run from July 26 through September 26, 2017, gives Discover card members the chance to participate in the fight...
Discover CEO David Nelms declared late Tuesday (Oct. 21) that his brand–the largest of the card brands to not join Apple Pay–will indeed soon be an Apple Pay partner. “I would say that we certainly do expect to be participating in Apple Pay. We don’t...
Discover Financial Services on April 22 reported first quarter net revenue of $2.08 billion, up 4.5 percent from $1.99 billion during the same period last year. Net income was $631 million, down 6.2 percent from $673 million. The company’s stock price closed at $56.67, down slightly...
Discover Financial Services has a long history of trying to do things differently, starting out with the Cashback Bonus for card transactions and no annual fees. In doing so, it doesn’t try to emulate what’s occurring in the marketplace. Since taking prepaid responsibilities at Discover...
During an interview in late January, Discover Financial Services CEO David Nelms suggested the company soon may enter the student loan refinance. Speaking with American Banker, Nelms confirmed that Discover was considering the move. ”I do think it’s likely that we’ll be launching a [student...
Virtual Piggy, developer of the youth-oriented online wallet Oink, says the Discover Network will power its service. The company will launch the updated service in the U.S., followed by launches in Europe and Asia later in 2014, according to a company statement. “Discover and Oink...
Discover wants consumers to go out and spend despite the winter weather, and it’s offering a 5 percent cash-back reward on certain purchases as encouragement. The “5% Cashback Bonus” is eligible for those who make payments using their Discover cards at movie theaters, restaurants and...
Spurred by stories of Steve Jobs and his unconventional approach at Apple, executives across all industries have begun forsaking consumer input when designing products. As Vice President of Worldwide Marketing at Apple, Phil Schiller famously said that, “it’s not a customer’s job to know [what...
