Capital One Acquires Discover Financial Services in $35.3 Billion Deal - A Game-Changer for the Credit Card Market

February 20, 2024 - Reading time: 2 minutes

Under the terms of this deal, which was officially announced on Monday evening, Discover (DFS) shareholders will receive one share of Capital One (COF) for every Discover share they own.

American Express, Visa, Mastercard Implement Code for Tracking Gun Store Sales Amid Regulatory Uncertainty

February 13, 2024 - Reading time: 4 minutes

Major credit card companies are moving ahead with implementing a merchant code available for firearm and ammunition retailers in order to comply with a new California law that will allow banks to potentially track suspicious gun purchases and report them to law enforcement, CBS News has learned.