The Discover U.S. Spending Monitor remained at 89.0 in December, as consumer confidence in the economy rose to its highest level since July. However, consumers’ spending intentions declined, according to Discover Financial Services. Significantly more respondents believed economic conditions were improving heading into 2014, Discover...
Discover-accredited testing services will be available now in UL test labs. This will include “full-functional card testing in conformity with Discover requirements” for D-PAS cards, according to ATM Marketplace. The testing services check all aspects of smart cards, including physical features, and compatibility with EMV...
Discover announced it would become EMVCo’s sixth member on September 3, acquiring a one-sixth ownership of the standards body and taking up a leading role in the organization’s management, technical and operational responsibilities in the process. But, according to Beth R. Horowitz, the company’s senior...
Mobile payment solution provider PayAnywhere and Discover are partnering so that merchants in PayAnywhere’s network can accept the PayPal payment card, the company announced in a December 5 press release. According to Marc Gardner, president and CEO of North American Bancard, PayAnywhere’s owner and operator,...
Discover and the National Payments Council of India (NPCI) have announced an agreement that will enable India’s RuPay debit card to make international payments by July 2013. RuPay global cards will be issued and accepted on Discover, Diners Club International and PULSE networks for transactions...
Diane Offereins, Discover’s executive vice president of payment services, has been named one of the 25 most powerful women in finance, per American Banker. Offereins, who ranked at No. 6 on the list, has served in a variety of capacities for Discover since 1998. She...
Discover subsidiary Diners Club International announced a new relationship with Atos-owned electronic payment service Worldline on September 13, a press release revealed. Gerry Wagner, Discover’s vice president of global acceptance, said the move will allow Discover to expand its services further into Europe. “Increasing Discover’s...
Discover Financial Services released its second-quarter earnings report on July 23, announcing a 15 percent rise in quarterly profit, according to an SEC filing. The company earned $602 million over the three-month period, or $1.20 per share. These figures were up from the $525 million...
Maryland-based fee-free ATM network provider Allpoint Network announced a new partnership with Discover on July 22, a press release for the company said. Discover card users can now gain free access to cash at Allpoint’s network of 43,000 ATMs. “In the direct banking environment, account...
