Tag: Capital One

America is on the cusp of a new biggest credit card company. Here’s what it means for you | CNN Business

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What’s in your wallet? Capital One is making a $35 billion bet that the answer will soon be: more of its credit cards.

The bank announced Monday evening it is acquiring Discover Financial Services (DFS) in a $35.3 billion all-stock deal. If approved by regulators and shareholders, Capital One’s (COF) acquisition will create the biggest US credit card company by loan volume.

So what does that mean for you?

For now, not a lot. Given that the deal isn’t expected to be finalized until late 2024 or early 2025, Discover and Capital One customers shouldn’t anticipate any immediate changes.

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To Help Local Entrepreneurs Succeed, Corporations Must Ditch The Visitor Mentality | Inc.com

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In March, the Center for an Urban Future released “Breaking Through: Harnessing the Economic Potential of Women Entrepreneurs”–a comprehensive report that explores the impact women-led companies have had on economies across the United States, while also outlining ways we can empower and inspire the future growth of women-led businesses. The report was made possible with support from Capital One’s Future Edge initiative, a five-year, $150 million effort to help more American workers and entrepreneurs get the skills, tools and resources they need to succeed in the 21st century. In previous Inc.com posts, I’ve shared insights from the report, specifically, how New York City’s economy stands to benefit from the growing number of women-owned businesses.

When I learned Capital One was bringing this conversation to The Dallas Entrepreneur Center in early May, I jumped at the opportunity–eager to learn more about the impact women business owners are having in the local Dallas-Fort Worth (DFW) market. Why is a conversation about women entrepreneurship important in DFW? According to the report, women entrepreneurs and business owners in North Texas are leading the way:

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