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Ally Financial names Michael Rhodes as CEO

Retrieved on:

Wednesday, March 27, 2024

Bank of America, Discover Card, Merchant services, Toronto-Dominion Bank, Telephone, University, Trustee, Duke University, Bank, Artificial intelligence, MBNA, Do It Right, Ally Financial, Head, Shared services, Discover Financial, Espresso, Engineering, Management

CHARLOTTE, N.C., March 27, 2024 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) announced today that Michael G. Rhodes will be its new Chief Executive Officer, starting at the company on April 29, 2024. He will also be appointed as a member of Ally's board of directors at that time.

Key Points:

With more than two decades of experience in consumer banking, Rhodes poised to lead Ally into the next stage of its evolution
CHARLOTTE, N.C., March 27, 2024 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) announced today that Michael G. Rhodes will be its new Chief Executive Officer, starting at the company on April 29, 2024.
"After an exhaustive search process, the Board has chosen Michael to lead Ally into the next stage of its evolution.
Rhodes most recently served as CEO of Discover Financial Services and was a member of the company's board of directors.
Doug Timmerman, Ally's President of Dealer Financial Services, has been serving as interim CEO since Brown's departure.

JCB Offers Exclusive 10% Cashback Promotion for Taiwanese Cardmembers on Purchases in the U.S.

Retrieved on:

Wednesday, January 31, 2024

Travel, Discover Card, JCB

From February 1 through March 31, 2024[1], JCB cardmembers from Taiwan[2] can enjoy a remarkable 10% cashback offer on cumulative in-store purchases totaling $100 or more in the U.S. when using their JCB card issued in Taiwan[3].

Key Points:

From February 1 through March 31, 2024[1], JCB cardmembers from Taiwan[2] can enjoy a remarkable 10% cashback offer on cumulative in-store purchases totaling $100 or more in the U.S. when using their JCB card issued in Taiwan[3].
For more information on this exciting promotion, please visit the JCB Special Offers.
"We are thrilled to introduce this 10% cashback promotion, which reaffirms our commitment to providing rewarding opportunities and convenient services to our valued cardmembers in Taiwan."
The launch of this cashback promotion reinforces JCB's efforts to enrich the journeys of its cardmembers, ensuring unforgettable travel experiences while enjoying exclusive perks.

US Payments Forum Fall Market Snapshot: The Future of Digital Payments, Biometrics, AI and Mobile Point of Sale

Retrieved on:

Wednesday, December 6, 2023

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During a panel on payment acceptance trends, members of the U.S. Payments Forum weighed the benefits.

Key Points:

During a panel on payment acceptance trends, members of the U.S. Payments Forum weighed the benefits.
Some merchants are exploring ways to utilize a consumer’s biometric profile to identify their shopping habits, preferences and brand loyalty.
The Forum is also working to stay ahead of potential pain points in the biometric payments space.
By joining the Secure Technology Alliance, members will have access to activities within the U.S. Payments Forum and additional Alliance-affiliated organizations.

Discover Financial Services Appoints Michael G. Rhodes Chief Executive Officer and President

Retrieved on:

Monday, December 11, 2023

Discover Financial Services (NYSE: DFS) today announced that the Company’s Board of Directors (the “Board”) has appointed Michael G. Rhodes Chief Executive Officer and President, effective on or before March 6, 2024, at which time he will be appointed to the Company’s Board of Directors.

Key Points:

Discover Financial Services (NYSE: DFS) today announced that the Company’s Board of Directors (the “Board”) has appointed Michael G. Rhodes Chief Executive Officer and President, effective on or before March 6, 2024, at which time he will be appointed to the Company’s Board of Directors.
He will also serve as President of Discover Bank and will be appointed to the Discover Bank Board of Directors, effective the same date.
View the full release here: https://www.businesswire.com/news/home/20231211406230/en/
John Owen, who has been serving as interim Chief Executive Officer and President of the Company and interim President of Discover Bank since August 14, 2023, will continue in this capacity until Mr. Rhodes officially joins Discover, after which Mr. Owen will continue to serve as a member of the Company’s Board of Directors and the Discover Bank Board of Directors.
Mr. Rhodes is an accomplished financial industry executive bringing more than 25 years of experience to Discover.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Discover Financial Services of Class Action Lawsuit and Upcoming Deadline – DFS

Retrieved on:

Friday, October 27, 2023

NEW YORK, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Discover Financial Services (“DFS” or the “Company”) (NYSE: DFS) and certain officers.

Key Points:

NEW YORK, Oct. 27, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Discover Financial Services (“DFS” or the “Company”) (NYSE: DFS) and certain officers.
To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext.
Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Discover Financial Services of Class Action Lawsuit and Upcoming Deadline – DFS

Retrieved on:

Thursday, October 19, 2023

NEW YORK, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Discover Financial Services (“DFS” or the “Company”) (NYSE: DFS) and certain officers.

Key Points:

NEW YORK, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Discover Financial Services (“DFS” or the “Company”) (NYSE: DFS) and certain officers.
To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext.
Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Discover Financial Services of Class Action Lawsuit and Upcoming Deadline – DFS

Retrieved on:

Wednesday, October 11, 2023

NEW YORK, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Discover Financial Services (“DFS” or the “Company”) (NYSE: DFS) and certain officers.

Key Points:

NEW YORK, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Discover Financial Services (“DFS” or the “Company”) (NYSE: DFS) and certain officers.
To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext.
Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Discover Financial Services (DFS)

Retrieved on:

Friday, October 6, 2023

On July 20, 2022, DFS issued a press release announcing its financial results for the second quarter of 2022.

Key Points:

On July 20, 2022, DFS issued a press release announcing its financial results for the second quarter of 2022.
On July 19, 2023, DFS issued a press release announcing its financial results for the second quarter of 2023.
If you wish to discuss your rights or interests regarding this class action, please contact Thomas J. McKenna, Esq.
of Gainey McKenna & Egleston at (212) 983-1300, or via e-mail at [email protected] or [email protected] .

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Discover Financial Services of Class Action Lawsuit and Upcoming Deadline – DFS

Retrieved on:

Tuesday, October 3, 2023

NEW YORK, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Discover Financial Services (“DFS” or the “Company”) (NYSE: DFS) and certain officers.

Key Points:

NEW YORK, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Discover Financial Services (“DFS” or the “Company”) (NYSE: DFS) and certain officers.
To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext.
Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Discover Financial Services of Class Action Lawsuit and Upcoming Deadline – DFS

Retrieved on:

Monday, September 25, 2023

NEW YORK, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Discover Financial Services (“DFS” or the “Company”) (NYSE: DFS) and certain officers.

Key Points:

NEW YORK, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Discover Financial Services (“DFS” or the “Company”) (NYSE: DFS) and certain officers.
To discuss this action, contact Robert S. Willoughby at [email protected] or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext.
Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.