Discover

Discover is a credit card brand issued primarily in the United States. It was introduced by Sears in 1985. When launched, Discover did not charge an annual fee and offered a higher-than-normal credit limit, features that were disruptive to the existing credit card industry.

Source: discover.com

Credit, Debit, Prepaid Card Purchases Increased 7 Percent In 2016
Credit, Debit, Prepaid Card Purchases Increased 7 Percent In 2016
May 09, 2017  |  Payment Methods

Credit, debit and prepaid cards issued in the U.S. saw purchase volume increase 7 percent year over year in 2016. That’s according to the Nilson Report,...

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Is It Officially Time To Start Worrying About Consumer Credit?
Is It Officially Time To Start Worrying About Consumer Credit?
May 02, 2017  |  Alternative Finances

Signs of increasing weakness in consumer credit have been mounting for the last several months. Auto lending, particularly to subprime borrowers, has been looking especially...

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As Consumers Take On More Debt, Credit Card Losses Rise
As Consumers Take On More Debt, Credit Card Losses Rise
April 27, 2017  |  Debt

As U.S. consumers become more comfortable with carrying higher levels of debt, the biggest credit card companies reported an increase in chargeoffs in their portfolios...

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Discover Misses In Q1
Discover Misses In Q1
April 26, 2017  |  Earnings

Shares of Discover Financial Services (DFS) slid about 5 percent in after-hours trading after the release of the company’s Q1 earnings report, though they have...

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Uber Drivers Embrace Instant Pay
Uber Drivers Embrace Instant Pay
April 06, 2017  |  Payment Methods

Last year Uber, the ride-hailing app, rolled out Instant Pay in an effort to get drivers to get paid right away, and after opening the...

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Payments Stocks Skew To The Downside
Payments Stocks Skew To The Downside
March 27, 2017  |  Investments

Stocks rose and fell with all eyes on the Trump administration’s and Congress’ efforts to get health care reform passed. Obviously those efforts wavered and...

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Making The Virtual Future Of Commerce A Reality
Making The Virtual Future Of Commerce A Reality
February 27, 2017  |  The Innovation Project

The payments industry is on the verge of a new (virtual) frontier. Virtual reality (VR) and augmented reality (AR) aren’t just the latest buzz phrases...

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