Discover's new Cadence card was originally developed in 2006, the company said.

The Discover card brand is moving forward with an effort to reintroduce a signature debit card to financial institutions, including credit unions, which might find it a strong program in a post-Durbin debit industry.

The card brand announced its first debit card deal with a financial institution – Cadence Bank in Birmingham, Ala. – this week but said several credit unions have also expressed interest in issuing the card.


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