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Discover Financial Services. Discover Financial Services is an American financial services company that owns and operates Discover Bank, an online bank that offers checking and savings accounts, personal loans, home equity loans, student loans and credit cards.
Discover is the third largest credit card brand in the U.S., with 60.6 million cardholders or about 8% of cards in circulation, placing it well behind Visa (48%) and Mastercard (36%), but slightly ahead of American Express (7.5%).
Last month's announcement that Capital One Financial will acquire Discover Financial for $35.3 billion was major news in the banking industry because it represents the biggest-ever deal in the ...
Jennifer Coolidge (born August 28, 1961) is an American character actress who has appeared in films and television, primarily in the comedy genre. Coolidge is the recipient of several accolades, including a Golden Globe Award and two Primetime Emmy Awards. In 2023, Coolidge was named by Time magazine as one of its 100 most influential people in ...
That would give Discover shareholders a 26.6% premium, based on Discover's closing price of $110.49 on Friday. When the merger closes, Capital One shareholders would own about 60% of the combined ...
Capital One’s $35 billion purchase of Discover would create a formidable new rival to American Express, Visa, and Mastercard. The question now is whether regulators will let it stand.
Pulse is an interbank electronic funds transfer (EFT) network in the United States. It serves more than 4,400 U.S. financial institutions and includes more than 380,000 ATMs, as well as POS terminals nationwide. Rivals of the network include First Data 's STAR and Fidelity National Information Services's NYCE. It is owned by Discover Financial ...
The four biggest card brands — Visa, Mastercard, American Express and Discover — saw more than $10 trillion in purchases in 2023, up 6.4% from the year before, according to the Nilson Report.