Roger Hochschild, chief executive officer for Discover, said most of their customers no longer have trouble with making payments, Bloomberg reported. “Of the customers no longer enrolled in the skip-a-payment program, more than 80% are making payments the following cycle and getting back on their...
Welcome to the Five at Five, your late look at the payments and commerce news of the day. Coverage includes a 41-month prison sentence for a bitcoin trader, Starbucks mulling a bitcoin project, Barclays investing in an alternative lender, Discover naming a new chief executive...
August 15, 2023
Discover President and CEO Roger Hochschild has resigned from his post. The credit card provider announced the leadership change late Monday (Aug. 14), weeks after the company revealed it was the subject of a possible action by the Federal Deposit Insurance Corp. (FDIC). Hochschild, the company’s former chief operating officer, was named CEO in 2018. […]
June 10, 2020
Roger Hochschild, chief executive officer for Discover, said most of their customers no longer have trouble with making payments, Bloomberg reported. “Of the customers no longer enrolled in the skip-a-payment...
