About Discover Financial Services
Discover Financial Services, headquartered in Riverwoods, Illinois since its incorporation in 1960, provides a comprehensive array of digital banking and payment solutions throughout the United States. Its operations are organized into two distinct divisions: Digital Banking and Payment Services. The Digital Banking segment focuses on individual consumers, offering Discover-branded credit cards alongside various lending products like private student loans, personal loans, and home mortgages. This division also manages direct-to-consumer deposit accounts, encompassing savings, certificates of deposit (CDs), money market accounts, IRA CDs, IRA savings, checking accounts, and sweep facilities. The Payment Services segment oversees the PULSE network, which supports automated teller machine (ATM), debit, and electronic funds transfer (EFT) services. It also manages Diners Club International, a global payments network that issues branded charge cards and facilitates merchant acceptance. Furthermore, this segment delivers robust payment transaction processing and settlement services.
