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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 ...
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 Bank. The Greenwood Trust Company was founded in 1911 and is based in Greenwood, Delaware. It was acquired by Discover Financial Services in 1985 and renamed Discover Bank in 2000. The original location of the Greenwood Trust Company on East Market Street in Greenwood is now the town hall and police station. Global alliance
Discover Bank is a good choice for most consumers. It has no monthly maintenance fees and no overdraft fees–plus access to 60,000+ no-fee ATMs. It’s simple to use and easy to get an account.
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 ...
Diners Club International (DCI), founded as Diners Club, is a charge card company owned by Discover Financial Services.Formed in 1950 by Frank X. McNamara, Ralph Schneider (1909–1964), Matty Simmons, and Alfred S. Bloomingdale, it was the first independent payment card company in the world, successfully establishing the financial card service of issuing travel and entertainment (T&E) credit ...
Chargeback. A chargeback is a return of money to a payer of a transaction, especially a credit card transaction. Most commonly the payer is a consumer. The chargeback reverses a money transfer from the consumer's bank account, line of credit, or credit card. The chargeback is ordered by the bank that issued the consumer's payment card.
Last month's announcement that Capital One Financial will acquire Discover Financial for $35.3 billion was major news because it represents the biggest-ever deal in the credit card industry. On a...
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