Discover Financial increases liability to $1.2 bln citing card misclassification refund-February 2024-www.financetom.com

Discover Financial increases liability to $1.2 bln citing card misclassification refund

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Discover Financial increases liability to $1.2 bln citing card misclassification refund

Jul 3, 2024 2:38 PM

July 3 (Reuters) - Discover Financial Services ( DFS )

has increased its liability to provide refunds as a result of

card product misclassification to $1.2 billion, a filing showed

on Wednesday.

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