[8] They worked for Strategic Planning Associates[3] (now known as Mercer Consulting) where they formed the company's banking function, focussed on the credit card industry.

[8] He moved to Signet Bank[9] to focus on credit, but faced resistance to attempts to expand into the Canadian market, spurring him to start his own business.

[10] During Morris's ten-year tenure while he served as President, Capital One's net income after taxes (NIAT) grew at a compound annual rate of more than 32%.

[12] In addition, he works in an advisory capacity with personalized prepaid debit card provider CARD.com, General Atlantic Partners and Oliver Wyman Consulting.

[citation needed] He is on the board of for-profit companies, including Mission Lane, Remitly, Red Ventures, CAN Capital, Media Math, borro, and Prosper.