Federal regulators approved Capital One's $35.3 billion acquisition of Discover Financial Services earlier this year despite ...

Capital One is moving its debit cards over to the Discover network after acquiring the network earlier this year. Many customers feel like they are being downgraded from their previous MasterCards.

RIVERWOODS, Ill.--(BUSINESS WIRE)--Today Discover announced Balance+, an innovation for its Cashback Debit Checking account, providing customers with fee-free discretionary overdraft coverage ...

Sporadic issues with the acceptance of debit cards that were switched to the Discover network after Capital One (COF) acquired the network has fueled concerns among customers more accustomed to the ...

The Capital One-Discover merger, announced in early 2024, has been approved by the Federal Reserve Board. Although some are concerned that the merger could increase costs for consumers, others argue ...

Capital One’s plan to buy Discover could form the largest credit card issuer in the country and the sixth-largest U.S. bank by asset size in late 2024 or early 2025. Federal regulators and ...

Capital One may move several credit cards to the Discover Network after last year’s acquisition. Most premium, business, and partner cards will remain with Visa or Mastercard for now. Customers will ...

Thanks to a quirky financial regulation, the Discover deal is already generating significant incremental revenue.