News

The recent merger between Capital One and Discover Financial, valued at $35.3 billion, marks a significant shift in the U.S.
Experts are split on whether this merger will benefit cardholders. Capital One is the third-largest credit card company, and ...
Capital One and Discover completed their merger on May 18. Discover what financial professionals say you should do to keep ...
The companies first announced the acquisition, an all-stock transaction valued at $35.3 billion, in February 2024. At that ...
Discover Financial Services (NYSE:DFS) credit card delinquency rate improved in April 2025, while its net charge-off rate increased, according to data the company disclosed in a filing on Wednesday.
Discover Financial Services (NYSE:DFS), currently valued at over $50 billion in market capitalization, has reported its monthly credit card charge-off and delinquency statistics for the last two ...
For about 17 years, the bank misclassified millions of consumer credit cards as commercial, resulting in higher interchange fees for transactions processed on the Discover network.As a result of ...
It also will give Discover’s payment network a major credit card partner in a way that could make the payment network a major competitor once again. The US credit card industry is dominated by ...
For existing Discover customers, the move could increase merchant acceptance rates. But there’s also a risk that they could face higher credit card interest rates. Compared to other major credit ...
April 18 (UPI) --Capital One's planned $35.3 billion acquisition of a rival credit card company, Discover, was approved by two regulators, the Federal Reserve and the Office of the Comptroller of ...
Tysons, Virginia-based Capital One Financial is now the nation’s largest issuer of credit cards, or at least technically ... approval for its acquisition of Discover Financial.