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Discover Targets College Students in Search for New Customers
The credit card issuer is looking to build its campus business at a time when other banks' relationships with college and universities are facing regulatory threats.
Image: Bloomberg News
David Nelms, CEO, Discover
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Image: Bloomberg News
Discover Financial Services reported a rise in quarterly profits on strong growth in its loan portfolio. more »
Melissa Smith, President and CEO, WEX
WEX, a corporate payments company, has closed its acquisition of Evolution1, a Fargo-based firm that produces software to manage health care transactions. more »
Affirm's payment confirmation screen
Affirm, which launched in early 2013 with a product that resembles a digital version of a charge card, is making its payment schedules more flexible in an effort to attract more merchants and consumers. more »
Image: Bloomberg News
American Express’ network rules have deterred Discover from using lower interchange rates to lure more merchants, a high-ranking Discover executive testified in federal court July 10. more »
The Tim Hortons Double Double card
Tim Hortons and the Canadian Imperial Bank of Commerce have begun offering an interactive credit card that can change its funding source at the push of a button. more »
Image: ShutterStock
Half of all frequent credit card users are unbothered, or feel relieved, when a legitimate transaction is blocked, a new study found. The results show that cardholders are appreciative that banks are becoming more vigilant about fraud. more »
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The long-awaited rebound in credit card loans has arrived, fueled by looser credit standards and a larger appetite for debt among U.S. households. more »
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Nearly 20% of consumers worldwide lack confidence that their banks can protect them from payment card fraud, yet nearly half do things that potentially expose them to fraud, new research says. more »
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Online payments and electronic wallet provider Payza has added two features to its eWallet: Credit Card Top Up and Credit Card Withdrawal. more »
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An issuer's decision to deploy EMV chip-and-signature credit cards in the U.S., rather than the chip-and-PIN model common in other countries, has as much to do with technology constraints as it does with Americans' reluctance to using a PIN. more »
Melissa Smith, President and CEO, WEX
Corporate payment provider WEX has entered into an agreement to acquire Evolution1 for $532.5 million in cash. more »
Image: ThinkStock
Chinese restaurant chain P.F. Chang's has confirmed that the data breach it discovered Tuesday involved the theft of credit and debit cards. more »

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