Discover Financial Services has announced that Walter H. Morris, Jr. has joined the company’s Board of Directors. Mr. Morris has served as a senior managing director of Brock Capital Group, LLC, an advisory and investment banking firm, since 2010. He retired from Ernst & Young LLP in 2010 where he was a principal. During his
Discover Financial Services has become the latest payment network to join the growing membership of EMVCo, the EMV® standards body. Discover will work alongside EMVCo’s existing members to manage and evolve the contact and contactless EMV industry specifications to facilitate worldwide interoperability and acceptance of secure chip payment instruments. Discover has acquired a one-sixth share
Barclaycard Global Payment Acceptance and Diners Club International, a business unit of Discover Financial Services, announced a new joint agreement to allow the acceptance of Discover and Diners Club cards by merchants using Barclaycard’s payment acquiring services. As a result of the agreement, thousands of small, medium and large merchants using Barclaycard’s payment acquiring services
