Meanwhile, the average net charge-off rate retreated to 3.63% in July from 3.80% in the prior month and 4.09% in July 2024.

Capital One Financial (COF) credit card delinquency rate crept higher, while its charge-off rate drifted down in July, ...

Recent data from the New York Federal Reserve Bank and Equifax (NYSE:EFX) highlight a troubling trend in U.S. consumer ...

Changing a large portion of those cards over to Discover could help Capital One generate billions in extra revenue from ...

Discover is a diversified financial institution offering an array of financial products including private student loans, personal loans, home equity loans, Diner’s Club and its own ATM network, PULSE.

In a significant move within the financial services industry, Discover Financial Services (NYSE:DFS) has completed its previously announced merger with Capital One Financial Corporation (NYSE:COF ...

The past few days have been very eventful for Discover Financial Services (NYSE: DFS). The company, best known as the entity behind the underdog Discover credit card, is now approved to be ...

During the last three months, 4 analysts shared their evaluations of Discover Financial servs (NYSE:DFS), revealing diverse outlooks from bullish to bearish. The following table summarizes their ...

U.S. credit card issuer Discover Financial reported a 30% rise in first-quarter profit on Wednesday, helped by a drop in the company's provision for credit losses and higher interest income.

In a highly regulated area like financial services, generative AI tools can still go off the rails, says Keith Toney, president of Credit and Decision Management at Discover Financial Services.