Search Results for "Discover Financial"
2 results for "Discover Financial"
Deals 2
Capital One Announces $35 Billion Merger With Discover Financial
Capital One proposed a $35 billion merger with Discover Financial, which would create the nation's largest credit card issuer with 19% market share. The deal forced regulators to confront outdated bank merger policies unchanged for nearly 30 years. It highlighted consolidation pressures affecting the fintech-banking ecosystem.
Discover and JAGGAER Launch B2B Virtual Card Payments Solution
Discover Financial Services partnered with JAGGAER to embed virtual card payments into JAGGAER's procure-to-pay platform. The solution leverages Discover's virtual card numbers to serve over 2,000 customers and 4 million suppliers across 70 countries. Rollout was expected to begin in early 2020, targeting B2B procurement workflows with embedded payment capabilities.