Discover Financial Services (DFS) - Stock & Dividends

Discover Financial Services, listed on the New York Stock Exchange under the symbol DFS, serves as a provider of digital banking solutions and payment services across the United States. The company is structured into two primary business segments: Digital Banking and Payment Services.

The Digital Banking division offers a wide range of financial products, including Discover-branded credit cards, private student loans, personal loans, mortgages, and various other lending options. Additionally, this segment provides direct-to-consumer deposit products such as savings accounts, certificates of deposit, money market accounts, IRA deposits, and checking accounts. Furthermore, the Digital Banking arm manages sweep accounts for its customers.

On the other hand, the Payment Services segment manages the PULSE network, which covers automated teller machines, debit cards, and electronic funds transfers. Discover also oversees Diners Club International, a renowned payments network responsible for issuing Diners Club branded charge cards and facilitating card acceptance services. Moreover, this segment offers comprehensive payment transaction processing and settlement services to its clients.

Established in 1960, Discover Financial Services is headquartered in Riverwoods, Illinois. For further information, please visit their official website at https://www.discover.com.