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Currently, Capital One relies on the Visa and MasterCard networks for payment processing, but it plans to move all of its debit cards and some of its credit cards to Discover’s network starting ...
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A marriage between Capital One and Discover Financial Services is on the table for $35.3 billion.If finalized, it could create one of the nation's largest consumer financial institutions—and ...
On March 13, 2007, Discover Financial Services announced the Discover Motiva card, the credit card that gives cardmembers cash rewards for making six on-time monthly payments in a row. This card was the industry's first credit card to give cash rewards for good credit management.
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From its opening in 2001 to 2012, Sugarloaf Mills Mall in Lawrenceville, Georgia, was named Discover Mills in a naming rights partnership with Discover Card. The slogan for the mall was "Where Discover Card is the Smart Choice". It was the first shopping mall to have granted naming rights to interested companies. [31] [32]
Capital One declared that Thompson had accessed about 140,000 Social Security numbers, a million Canadian social insurance numbers; 80,000 bank account numbers, and an unknown number of names and addresses of customers. Capital One began offering free credit monitoring services [117] and identity protection [118] to those affected by the breach.
It also turns Capital One into the rare credit card company that controls the cards, the payment network and the bank that issues the card. There’s only one other company that has accomplished ...