Discover Financial Services

137 results about this entity

Period: 04 Oct 2004 - 10 Dec 2024

US migration to EMV gathers momentum

More than 575 million US payments cards will feature EMV chip security by the end of next year, according to a trade body set up to push the migration from magstripe plastic.

Discover invests in loyalty rewards start-up Buzz Points

Discover Financial Services has invested in Buzz Points as part of a $19 million funding round for the loyalty rewards outfit.

EMVCo to hammer out specifications for tokens at the digital checkout

The card scheme-owned EMVCo standards body is beginning work on specifications for the use of digital tokens - rather than account numbers - for online and mobile transactions.

Microsoft, Facebook, BofA form card-linked offers association

A new association designed to promote interoperable card-linked customer offers has been set up by industry players including Microsoft, Bank of America, Discover, Facebook and First Data.

EU to face payments shake-up as Commission proposes caps on card fees and new regulations

The European Commission has publicly confirmed plans for a new Directive on payment services across the EU, and proposals to cap interchange fees for domestic card-based transactions.

US debit networks back Discover application for common chip spec

Discover has won the support of ten debit networks to provide a common debit application identifier for the US migration to EMV Chip and PIN.

Discover trials Natural Security biometric payments

Discover Financial Services is working with French outfit Natural Security to pilot a system which combines biometrics and contactless cards to enable customers to pay with their fingertips.

Discover ordered to refund customers $200m over deceptive marketing

Discover Financial Services has been ordered by US authorities to refund around $200 million to more than 3.5 million cardholders that it mislead into buying unnecessary add-on products.

PayPal taps Discover network to reach millions of US stores

PayPal has struck a deal with Discover that will see it tap into the card firm's network to bring acceptance of its mobile wallet to millions of US stores.

Discover backs Google Wallet

Discover has given its blessing to Google Wallet, adding a click-to-add feature to its online customer account centre to make it easy for customers to load their card to the search giant's mobile payments system.

Google Wallet moves to the cloud to support all credit and debit cards

Google is bidding to breathe new life into its stuttering mobile wallet platform by launching a cloud-based version of the app that can be linked to Visa, American Express and Discover cards.

AmEx jumps aboard US EMV train

Following in the footsteps of Visa, MasterCard and Discover, American Express has set out a timetable for its US abandonment of mag-stripe cards in favour of EMV chip technology.