Tag: Discover

FitPay adds Discover tokens to secure wearable payments

Discover Financial Services’ digital exchange will provide tokenized payment credentials for wearable of Internet of Things devices powered through FitPay. The network services agreement between Discover and FitPay Inc., a unit of NXT-ID, allows Discover cardholders to make contactless payment transactions through their FitPay devices operating through the FitPay Payment Platform. Users of other partner…
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February 26, 2018 0

THE PAYMENTS INDUSTRY EXPLAINED: The Trends Creating New Winners And Losers In The Card-Processing Ecosystem

BI Intelligence This is a preview of a research report from BI Intelligence, Business Insider’s premium research service. To learn more about BI Intelligence, click here. Digital disruption is rocking the payments industry. But merchants, consumers, and the companies that help move money between them are all feeling its effects differently. For banks, card networks, and processors, the digital…
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January 30, 2018 0

Discover plans to drop signature requirement for card payments

Only two months after Mastercard eliminated the signature requirement on credit and debit card transactions, Discover says it also will drop the sometimes controversial cardholder authentication method. Beginning in April 2018, Discover will no longer require signatures at the point of sale for credit and debit transactions on the Discover Global Network in the U.S.,…
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December 7, 2017 0