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News Stories Thursday, June 15, 2006   
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Discover sets up merchant advisory council for online fraud issues


Discover Network, issuer of the Discover card, has set up a merchant advisory council to identify and address payments industry issues, including online security and fraud, merchant support and new payment technologies.

The council will meet approximately every six months, with the first meeting scheduled for June 19-20 in Chicago.

“As the payments industry landscape continues to evolve, it becomes increasingly important that we leverage our partnerships to focus on ways to further improve efficiencies, security and value to the products and services we provide,” said Harit Talwar, executive vice president of Discover Network for Discover Financial Services. “This council enables Discover Network to do that while deepening our strong relationships with merchants as we exchange ideas and views.”

Among the 20 member companies serving on the council are Kohl’s Department Stores Inc., The Sharper Image, SuperValu and Wal-Mart Stores Inc.

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