Discover Financial Services

Discover Financial Services is a direct banking and payment services company based in Riverwoods, Illinois. It operates through two primary segments: Direct Banking and Payment Services. The Direct Banking segment offers a range of consumer products, including Discover-branded credit cards, private student loans, personal loans, home equity loans, and various deposit accounts such as savings and checking accounts. The Payment Services segment encompasses the Discover Network, which is the fourth-largest payment network in the United States, as well as the PULSE network, a significant automated teller machine and electronic funds transfer network. Additionally, the company manages Diners Club International, which provides charge card services and merchant acceptance solutions. Founded in 1985, Discover Financial Services has established itself as a key player in the financial services industry.