Discover Financial Services (DFS) announced a partnership with Skipify to improve the cardholder experience during checkout. The collaboration enhances the security and efficiency of digital transactions, reinforcing DFS’s position as a leader in secure payments while driving increased merchant adoption and customer engagement.This move bodes well for Discover Financial as the integration of advanced tokenization technology into Skipify’s Commerce Identity Cloud will enhance security by replacing sensitive ...

Skipify's Commerce Identity Cloud to provide secure and seamless shopping experience for Discover cardholdersSAN FRANCISCO, March 5, 2025 /PRNewswire/ -- Skipify, a leading financial technology company redefining the checkout experience, today announced its partnership with Discover® Global Network, a leading global payment network connecting millions of merchants and cardholders across more than 200 countries and territories worldwide. The technology partnership aims to provide simplified and enhanced chec ...

(Exact name of registrant as specified in its charter) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) Commission File Number 001-33378 DISCOVER FINANCIAL SERVICES Delaware (State or other jurisdiction of incorporation or organization) 36-2517428 (I.R.S. Employer Identification No.) 2500 Lake Cook Road, Riverwoods, Illinois 60015 (Address of principal executive offices, including zip code) (224) 405-0900 (Registrant's telephone number, including area code) Securi ...

Financial services giants Capital One Financial Corp (NYSE:COF) and Discover Financial Services (NYSE:DFS) are in the spotlight, after shareholders voted to approve the former's acquisition of the latter. COF was last seen 1.3% higher  at $205.51, and DFS is up 0.8% at $197.82 at last glance. In response to today's headlines, BofA Global Research upgraded COF to "buy" from "neutral," and raised its price target to $235 from $207. The shares boast a 47.6% year-over-year lead, and are on track for their fourt ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

Normally companies which are being bought out, or engaged in a merger, are just kind of treading water until the deal is done, not trying to innovate or anything. That usually makes them boring, but one of my old favorites, Discover Financial Services (I’m Jason Ditz and I have 20 years of experience in foreign policy research. My work has appeared in Forbes, Toronto Star, Minneapolis Star-Tribune, Providence Journal, Washington Times and the Detroit Free Press, as well as American Conservative Magazine and ...

Discover Financial Services posted earnings results on Thursday morning (Jan. 23) that indicated improving credit quality metrics tied to its credit cards, as well as an outlook that includes loan growth and a “stable” consumer.During the conference call with analysts — where there was no question-and-answer session — CEO Michael Shepherd said that the company grew its average loans and deposit base and that “delinquency formation and net charge-offs began to improve.”The executive added: “Despite a modest ...

Discover Financial Services (DFS) reported fourth-quarter 2024 adjusted earnings per share of $5.11, which comfortably beat the Zacks Consensus Estimate of $3.17. Also, the bottom line jumped more than three-fold year over year.See the Zacks Earnings Calendar to stay ahead of market-making news.Discover Financial's revenues, net of interest expenses, rose 13.9% year over year to $4.8 billion. The top line also beat the consensus mark by 8.4%.DFS reported strong fourth-quarter results supported by interest i ...

Financial Data and Key Metrics - No specific financial data or key metrics changes mentioned in the provided content [1][2][3][4][5] Business Line Data and Key Metrics - No specific business line data or key metrics changes mentioned in the provided content [1][2][3][4][5] Market Data and Key Metrics - No specific market data or key metrics changes mentioned in the provided content [1][2][3][4][5] Company Strategy and Industry Competition - The company's top goals for 2024 included operating profitably and safely, strengthening risk management and compliance, sustaining outstanding customer service, and preparing for the successful completion of the merger with Capital One [5] Management Commentary on Operating Environment and Future Outlook - 2024 was described as a good and transformative year for the company, with a focus on achieving the aforementioned goals [5] Other Important Information - The call contained forward-looking statements subject to risks and uncertainties, with references to the company's earnings press release, presentation, and SEC filings for detailed risk factors [3] - No question-and-answer session was held, but the Investor Relations team was available for inquiries [4] Summary of Q&A Session - No Q&A session was conducted during the call [4]

Notice The following slides are part of a presentation by Discover Financial Services (the "Company") in connection with reporting quarterly financial results and are intended to be viewed as part of that presentation. No representation is made that the information in these slides is complete. For additional financial, statistical, and business related information, as well as information regarding business and segment trends, see the earnings release and financial supplement included as exhibits to the Comp ...