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January 16, 2014
07:40 EDTDFSDiscover reports December net charge-offs 1.79% vs. 1.71% last month
Reports December delinquency rate 1.55% vs. 1.60% last month. Credit card trust data disclosed earlier this week in a regulatory filing.
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August 20, 2015
09:31 EDTDFSDiscover announces strategic network service agreement with Elo
Discover Financial Services and Elo, a Brazilian credit card brand, announced a strategic agreement that will allow acceptance of Elo Global Cards for international purchases and cash access outside of Brazil on the Discover Global Network, which includes Discover Network, Diners Club International and the PULSE network. The agreement will focus initially on enabling Elo Global Cards to have acceptance in more than 185 countries and territories via the Discover Global Network. Elo and Discover also will collaborate on the integration of Discover's EMV solution, D-PAS, to help ensure safe international transactions and continue to work together on new emerging payment products in the future. Elo will continue to use its own proprietary application for domestic transactions.
August 17, 2015
08:26 EDTDFSDiscover reports July net charge-offs 1.43% vs. 1.60% last month
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