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Discover Financial Services

A collection of news and information related to Discover Financial Services published by this site and its partners.

Top Discover Financial Services Articles see all

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  • Discover says it will close mortgage unit, cutting 460 jobs

    Discover Financial Services says it will close its home lending business and will eliminate 460 jobs, or about 3 percent of its workforce.
  • Discover getting out of mortgage business

     Discover getting out of mortgage business
    Discover Financial Services said Tuesday that it will close the home mortgage business the company acquired in 2012. Just three years ago, the mortgage business was a key part of Discover's strategy to move beyond credit cards into more broad-based...

    Discover Financial closes mortgage unit, lays off hundreds in Irvine

    Discover Financial closes mortgage unit, lays off hundreds in Irvine
    Rewards card specialist Discover Financial Services, which got into the mortgage business via an acquisition in 2012, is shutting down its struggling home-lending business and laying off 460 employees, many of them in Irvine. The Riverwoods, Ill.,...

    Wall Street powerhouse poised to loan money to Main Street

    Wall Street's most iconic investment bank has decided to open its doors to Main Street. Goldman Sachs plans to start lending money directly to consumers and small businesses, according to an internal memo released to The Associated Press. It would be the...

    Use your phone to pay at Wegmans, and get a discount too

    Use your phone to pay at Wegmans, and get a discount too
    Always forget your discount card at home when you head to the grocery store? Those days may soon be over — as long as you remember to bring your iPhone. Apple announced Monday that it's expanding its Apple Pay digital payment service to include...