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Discover Financial Services (DFS) is in the Financial Services Industry

Revenue
Nov 30 2007
$2.8B
Profit
Nov 30 2007
$588.6M
Market Cap
May 09 2008
$8.3B

Latest News and Analysis

Additional Resources

  • Interpublic Women's Leadership Network Sponsors Live Webcast Event

    NEW YORK -- The Interpublic (NYSE: IPG) Women's Leadership Network (WLN), an IPG-wide organization that promotes the advancement, retention and recruitment of women, sponsored a live webcast event on April 29th in Chicago. The event was simulcast in 12 markets around the US and London. Nearly 1,000 members of the...

    Articles 2008-05-05

  • SimpleTuition Adds Discover Student Loans

    Expands Student Loan Options for Students and Parents NEWTON, Mass. -- SimpleTuition, Inc., a company dedicated to helping students and parents make sense of education financing choices, today announced an agreement with Discover Financial Services (NYSE: DFS) to include its full line of student loan products - Discover...

    Articles 2008-04-29

  • Moneris Solutions Signs Merchant Acquiring Agreement with discover financial services

    Moneris to offer Discover Network card acceptance as part of their integrated processing services CHICAGO -- Moneris Solutions, one of North America's largest payment processors, today announced that it has signed an agreement with Discover Financial Services (NYSE: DFS) whereby Moneris will offer Discover Network card acceptance as...

    Articles 2008-04-29

  • Discover® Debit Card Issuance Grows Through Multiple New Agreements

    PULSE Signs Seven Additional Banks to Issue Discover-Branded, Signature-Enabled Debit Cards HOUSTON -- PULSE and its parent company, Discover Financial Services, have signed agreements with seven additional financial institutions for the issuance of Discover([R]) Debit cards. The institutions are: * First National Bank in Munday; Munday,...

    Articles 2008-04-17

  • Discover® Motiva Card Receives Accolades By Top Publications

    Industry-leading Credit Card Awarded "Best New Product of 2008" by Cards & Payments and Quick & Simple Magazines RIVERWOODS, Ill. -- Discover Financial Services (NYSE: DFS) announced today that the Discover([R]) Motiva Card recently received the "Best New Product" honor by Cards & Payments magazine, as well as...

    Articles 2008-04-15

  • Sidley Advises discover financial services on Sale of its UK Credit Card Business

    LONDON -- Sidley Austin LLP has advised Discover Financial Services on the sale of its UK credit card business to Barclays Bank PLC. The sale, which is valued at PS35m and was completed on 31 March 08, consists of approximately 1.7 million credit card accounts with approximately PS2bn of gross...

    Articles 2008-04-14

  • Ruckus Wireless Joins PCI Security Standards Council as Newest Participating Organization

    Ruckus Wireless announced today that it hasjoined the PCI Security Standards Council as a new ParticipatingOrganization. As a Participating Organization, Ruckus Wireless will workwith the Council to evolve the PCI Data Security Standard (DSS) and otherpayment card data protection standards. The PCI DSS, endorsed by American Express, Discover Financial...

    Articles 2008-04-07

  • Discover buys Diners Club global network for 165 million dlrs

    NEW YORK (AFP) — Discover Financial Services said Monday it had agreed to acquire the Diners Club International credit card network for 165 million dollars from Citigroup to expand its global footprint. "We expect this acquisition to significantly improve our competitive position by giving us global reach and...

    Articles 2008-04-07

  • discover financial services to Acquire Diners Club International Network

    Deal Will Lead to Global Acceptance of Discover Network Cards RIVERWOODS, Ill. -- Discover Financial Services (NYSE:DFS) announced today that it has signed an agreement with Citi (NYSE:C) to acquire Diners Club International, resulting in a global payments network with increased transaction volume and worldwide acceptance of Discover...

    Articles 2008-04-07

  • Magensa™ Joins PCI Security Standards Council as Newest Participating Organization

    Magensa to Participate in Key Standards Setting Body Protecting Payment Cardholder Data CARSON, Calif. -- Magensa, an application service provider of credential, hardware, and website authentication systems for secure online banking and e-commerce functions, announced today that it has joined the PCI Security Standards Council as a new...

    Articles 2008-04-07

  • NovoPayment Awarded PCI DSS Certification

    Protecting Customers Through Payment Card Data Security MIAMI -- NovoPayment, Inc., Latin America's leading pre-paid card service provider and program manager, announced today that it was awarded the Data Security Standard certification (PCI DSS) from the PCI Security Standards Counsel, the organization founded by American Express, Discover Financial...

    Articles 2008-04-04

  • discover financial services Announces Webcast of Annual Shareholders' Meeting

    RIVERWOODS, Ill. -- Discover Financial Services (NYSE: DFS) will webcast the proceedings of its annual meeting of shareholders, which is scheduled for Thursday, April 10, 2008, at 9:00 a.m. Central time. It will be accessible as an audio webcast through the Investor Relations section of the company Web...

    Articles 2008-04-04

  • MagTek Joins PCI Security Standards Council

    Wireless News04-03-2008MagTek Joins PCI Security Standards CouncilWIRELESS NEWS-April 3, 2008-MagTek Joins PCI Security Standards Council (C)2008 10Meters - http://www.10meters.com MagTek, a provider in electronic payments technology, announced that it has joined the PCI Security Standards Council as a new participating organization. As a Participating Organization, MagTek will work with...

    Articles 2008-04-03

  • Progress Review for discover financial services.

    M2 PRESSWIRE-1 April 2008-InvestorInstantMessaging: Progress Review for Discover Financial Services(C)1994-2008 M2 COMMUNICATIONS LTD RDATE:01042008 InvestorIM has been created as a tool for the average investor. The idea is simple, a website where the world can communicate. Do you have a...

    Articles 2008-04-01

  • discover financial services Review in Progress.

    M2 PRESSWIRE-1 April 2008-MB Alerts: Discover Financial Services Review in Progress(C)1994-2008 M2 COMMUNICATIONS LTD RDATE:01042008 MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in the world. Investors wanting to know the truth about investing and...

    Articles 2008-04-01

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  • Incorporated: 1960
  • CEO: Mr. David W. Nelms
Discover Financial Services is a credit card issuer and electronic payment services company. Co. offers credit and prepaid cards and other financial products and services under its Discover Card brand to various segments within the consumer and small business sectors in the U.S. and the U.K., and provides payment processing and related services to merchants and financial institutions in the U.S. In addition, Co. offers a range of banking products to its customers, including personal loans, student loans, certificates of deposit and money market accounts. As of Nov 30 2007, Co. operated in three reportable segments: U.S. Card, Third-Party Payments and International Card.

Key Competitors

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Discover Financial Services Company Info

Board of Directors

Mr. Dennis D. Dammerman

Chairman

Ms. E. Follin Smith

Mr. Lawrence A. Weinbach

Mr. Jeffrey S. Aronin

Ms. Mary K. Bush

Mr. Gregory C. Case

Mr. Robert M. Devlin

Mr. Philip A. Laskawy

Mr. Michael H. Moskow

Mr. David W. Nelms

Mr. Michael L. Rankowitz

Contact Information

2500 Lake Cook Road

Riverwoods, IL

224 405-0900

NAICS Code

Credit Card Issuing: 522210
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