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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.
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A 1989 study found that Discover had strong consumer adoption in the U.S.; the number of households with Discover cards increased by 2.1 million, or 14 percent, in 1989. In this same year, Discover also signed a restaurant in Delaware as its 1 millionth merchant in its payment network.
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Controlled payment number. A controlled payment number, disposable credit card or virtual credit card is an alias for a credit card number, with a limited number of transactions, and an expiration date between two and twelve months from the issue date. This "alias" number is indistinguishable from an ordinary credit card number, and the user's ...
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 ...
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 ...
Americans have become increasingly reliant on their credit cards since the pandemic. Capital One Financial announced Monday that it would buy Discover Financial Services for $35 billion. For ...