139 results about this entity
Period: 04 Oct 2004 - 05 Mar 2025
News
Morgan Stanley's new CEO John Mack says the firm will not spin-off its Discover credit card unit, reversing a previous decision made by former chief executive Philip Purcell.
18 August 2005
Employees of card scheme Discover can now pay for their purchases in the company cafeteria at the touch of a finger using technology from biometric outfit Pay By Touch.
27 April 2005
Under pressure from dissident shareholders over company strategy, Morgan Stanley chairman and chief executive Philip Purcell has announced plans to spin off the Discover credit card unit.
05 April 2005
Morgan Stanley subsidiary Discover Financial Services is to acquire US electronic funds transfer network Pulse for an aggregate purchase price of $311 million.
15 November 2004
London Underground is warning staff to be on the look out for suspicious activity at cash machines across the tube network after discovering card cloning devices attached to station ATMs.
01 November 2004
Discover Financial Services, a business unit of Morgan Stanley, is to move to Teradata's multi-terabyte data warehouse to support its reporting and analysis needs.
13 October 2004
The US Supreme Court has upheld a ruling that Visa and MasterCard violated federal antitrust laws by banning their member banks from issuing cards from rival firms such as American Express and Morgan Stanley Discover.
04 October 2004
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