335 results about this entity
Period: 12 Nov 2007 - 16 Oct 2024
News
After reaching a $2.75 billion settlement with Visa and MasterCard, Discover Financial Services says it is in "dispute" with Morgan Stanley over the proportion of the money it should hand over to its former owner.
28 October 2008
Discover Financial Services has settled a long running anti-trust lawsuit that accused rivals MasterCard and Visa of blocking access to the bank-issued card market in the US.
14 October 2008
The confidential financial data of a million UK customers has been found on a computer that was sold on online auction site eBay for £35.88.
26 August 2008
The Prepaid International Forum has launched an accreditation scheme in a bid to combat concerns over alleged money laundering, aggressive marketing and poor customer service in the nascent industry.
10 July 2008
MasterCard has agreed to pay rival card operator American Express up to $1.8 billion to settle a lawsuit filed in 2004 that accused it of blocking access to the bank-issued card market in the US.
25 June 2008
Discover Financial Services is seeking $6 billion in damages in a long running anti-trust lawsuit that accuses credit card rivals MasterCard and Visa of blocking its access to the bank-issued card market in the US.
10 June 2008
American Express is discontinuing its Express Pay contactless payments key fob following poor customer take-up of the device.
31 March 2008
American Express has signed an agreement to acquire Corporate Payment Services (CPS), the commercial card and corporate purchasing division of General Electric subsidiary GE Money, in a deal worth around $1.1 billion in cash.
27 March 2008
US customers of HSBC, Bank of America and Washington Mutual have been found to suffer the highest rates of identity theft, according to research from the University of California at Berkeley.
29 February 2008
Fresh concerns have been raised over the security of radio frequency identification (RFID) technology used for contactless payments after a hacking demonstration by security expert Adam Laurie at the Black Hat 2008 conference.
26 February 2008
Card payment network Visa has disclosed that it plans to raise up to $10 billion through its forthcoming stock market flotation, which is expected to take place early next year.
12 November 2007
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