Members phkrause Posted February 21, 2024 Members Posted February 21, 2024 NEW YORK (AP) — Capital One Financial said it will buy Discover Financial Services for $35 billion, in a deal that would bring together two of the nation’s credit card companies as well as potentially shake up the payments industry, which is largely dominated by Visa and Mastercard. https://apnews.com/article/capital-one-discover-financial-merger-credit-cards-3444782717e668b896883f09bda27baa? Quote phkrause When the righteous are in authority, the people rejoice; But when a wicked man rules, the people groan. Proverbs 29;2
Members phkrause Posted February 22, 2024 Author Members Posted February 22, 2024 Americans’ reliance on credit cards is the key to Capital One’s bid for Discover NEW YORK (AP) — Americans have become increasingly reliant on their credit cards since the pandemic. So much so that Capital One is willing to bet more than $30 billion that they won’t break the habit. https://apnews.com/article/capital-one-discover-american-debt-credit-cards-76598912b86a2dadc0c39ab3229f2fe9? Quote phkrause When the righteous are in authority, the people rejoice; But when a wicked man rules, the people groan. Proverbs 29;2
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